With MBSL Insurance 3 Option Motor Insurance, you can choose between 3 unique motor insurance packages to best fit your individual needs and budget. These 3 packages are available at 3 different premium levels and include a variety of features and benefits to meet your needs. All packages include comprehensive motor insurance coverage that covers accidents from external means, fire, explosion, self-ignition, lightning, burglary, house breaking or theft, and damage caused by malicious acts while in transit by road, rail, inland waterway, lift or elevator.

GOLD OPTION: Total protection with extraordinary features.

• Full Indemnity
  • No Owners Contribution to replacement / Depreciation Protection Cover
  • No Hiring Excess to Hiring vehicle
  • Multiple Inspection - Click & Go and Self-Inspection - Hassle free claim settlement
• Free Additional Covers
  • Natural Perils cover and Hire Purchase Cover
  • 100% Air Bags Cover
  • Special Windscreen Cover (Up to Rs. 50,000.00)
  • Towing cover/ carrier (Up to Rs. 75,000.00)
  • Personal Accident Cover (PAB) up to Rs. 200,000.00 for Insured or Driver
  • Unlimited Third Party Death and Body Injury Cover
  • Unlimited Third Party Property Damage Cover (for private usage only)
  • Theft of Parts Cover (for private usage only)
• Host Benefits
  • Attractive premium with extraordinary features
  • Highest No Claim Bonus up to 75% within 6 years
  • Emergency medical expenses up to Rs. 20,000.00 to the Insured or Driver
  • Emergency Taxi fee up to Rs. 5,000.00 (If the vehicle is immovable)
  • Night time hotel expenses up to Rs. 25,000.00 (If the vehicle is immovable and away from 50km distance to residence)
  • Loss of personal belongings due to an accident up to Rs. 50,000.00 (Except Money, Gold and other Valuables)
  • Lost or stolen intelligent key cover up to Rs. 25,000.00 due to an accident
• Extra Benefits
  • Two Leasing installments, if repair exceeds 2 months (man-hours) - Maximum up to Rs. 250,000.00 or balance amount, whichever is less
  • Rent a car fee Rs. 2,500.00 per day, if repair exceeds 4 days (Maximum up to 10 days, except first 4 days)
  • Back to Back vehicle discount (NCB will be matched to your second vehicle)
  • Joint Product Discount (Premium discount to Non-Motor products)
  • 14 Days free automatic cover (3rd party only) at renewal
• Eligibility
  • Eligible for vehicle above Rs. 5 Million and within 10 years old
  • Private and Hiring Cars and Dual purpose vehicles only