Tailored solutions to mitigate your corporate risks
As OYAK Global Risk Services, with our direct access to international facultative markets, and a wealth of experience in handling claims, we provide tailored solutions to a discerning clientele based on their specific needs.
Proximity to the markets and our annual placement of numerous property accounts empower us to anticipate emerging trends in the risk landscape and co-create transformative reinsurance solutions in partnership with our clients.
Our team of property specialists directs their expertise toward crafting insurance programs that are meticulously customized to the unique requirements of our clients. In order to align with our clients' priorities, we listen to identify, and assess before designing the program.
Tailored Solutions
Experienced Team
International Markets Access
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What are the types of Motor Own Damage Insurance?
Limited Motor Own Damage Insurance: It covers only a part of the main securities.Motor Own Damage Insurance: It covers all the main security groups.
Extended Motor Own Damage Insurance: It covers all the main security groups and, also, risks that can be covered with an additional contract.
Full Motor Own Damage Insurance: It provides all the main security groups and all risks that can be covered with an additional contract.
Insurance companies write the name of the related product in the policy title with a 16 point size according to the content of the coverage.
What are the types of Motor Own Damage Insurance according to coverage?
Limited Motor Own Damage Insurance, Motor Own Damage Insurance, Extended Motor Own Damage Insurance, Full Motor Own Damage Insurance
Which conditions are covered by the Motor Own Damage Insurance?
The main securities of the Motor Own Damage Insurance include hitting, being hit, fire, and theft. While additional securities vary depending on the insurance companies, however, the most provided securities include personal accident, earthquake, flood, terrorist actions, voluntary liability, wearing, and income loss, damages caused by a reason other than fire, no-claim, glass, and personal possessions.
What is Motor Own Damage Insurance?
Motor Own Damage Insurance covers the damages that may occur due to burning, theft, attempt to theft, or accident of the vehicle. It covers the owner of the vehicle when the damage occurs. It is an optional insurance type.