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Cars are like humans. They are prone to accidents and injuries. They can, however, be good as new with the “Motor Insurance Plan.” A vehicle is not only a luxury these days, but it has also taken the role of your own legs. With the “Motor Insurance Plan,” you will always keep walking.

 

Coverage:

The “Motor Plan” provides coverage within Lebanese borders under two separate insurance policies against:

  • Bodily Injury to third party up to LBP 750 million as per the requirements of the Compulsory Insurance Law.
  • Material Damage to third party up to $1 million. It also covers bodily injury for driver and passengers (other than third party-relatives) for:
    • Death Benefits: $10,000 per driver and each passenger.
    • Medical Expenses: Up to $2,500 per driver and each passenger.


Comparative Advantages:

  • Waiver of premium for up to six months in case of the death of the policy holder.
  • 24/7 roadside assistance.
  • One standard premium irrespective of your vehicle’s horsepower ($6/month for material damage and LBP 70,000/year for compulsory bodily injury).
  • Automatic collection of your monthly premiums from your LGB BANK account at no extra cost.

 

Requirements:

  • Account holder at LGB BANK (for third party only).
  • Age bracket: 20-69 years (for third party only).
  • Possessing a valid driver’s license.
  • Owning a private passenger car and/or sports utility vehicle 4x4.
Illustrative Example
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