Vehicles as means of transport has become a basic need that hardly we can ignore. Since use of vehicles has increased, road accidents have also increased and led to losses in property and lives.
Accordingly, there appeared an urgent need to find protection that can eliminate or, at least, minimize sequential results of such accidents. Hence, insurance has become a service rendered by insurance companies to vehicle owners in which the company undertakes to bear all losses and damages.
Three types of covers are available:
- Motor Compulsory Insurance
- Motor Comprehensive Insurance (A’ Shamil)
- Road Travelers Orange Card