Motor Basic
Motor Insurance
Sum assured
On request
Premium / yr
Rs 5,000
Term
1 yrs
Entry age
—
About this plan
Essential third-party motor insurance meeting legal requirements. Covers liability towards third parties in accidents.
What's included
Key highlights
- Legal compliance
- Affordable
- Basic protection
Features
- Third party liability
- Personal accident cover
- Legal liability to driver
- Mandatory coverage
Eligibility & term
- Policy term
- 1 year
Coverage breakdown
Third party bodily injuryUp to Rs 80 lakh
Third party property damageUp to Rs 80 lakh
Personal accident (driver)Rs 5 lakh
Own damageNOT covered
TheftNOT covered
Natural disasterNOT covered
Pros & cons
Pros
- Cheapest option - meets legal requirement only
- Mandatory coverage for all vehicles in Nepal
- Third party bodily injury up to Rs 80 lakh (car)
- Third party property damage up to Rs 80 lakh (car)
- Simple, no-frills coverage
Cons
- NO own damage protection
- No theft coverage
- No natural disaster coverage
- No roadside assistance
- Only covers liability to others, not your vehicle
What affects your premium
- Vehicle type (2-wheeler vs 4-wheeler)
- Engine capacity (standardized NIA rates)
- Two-wheeler: Rs 1,707-2,159 (by CC)
- Car: Rs 7,356-10,747 (by CC)
- 13% VAT applied
How to claim
- 1Third party files claim against you
- 2Report to insurer immediately
- 3Insurer handles legal proceedings
- 4Settlement paid to third party
Best for
Old vehiclesBudget buyersLegal compliance onlyLow-risk drivers
What's not covered
- Own damage (not covered in third-party plan)
- Driving without valid license
- Driving under influence
- Wear and tear
- Theft (not covered)
Other plans from United Ajod Insurance
Premium / yr
Rs 5,000