• Comprehensive Motor Insurance

    Comprehensive Motor Insurance

Food For Thought

Ko Myo insures his car with comprehensive motor insurance. As he has no claim during the first policy year, he can enjoy No Claim Bonus of 25% upon renewal for his second policy year.

Special Note: There will be a fleet discount of 10% on basic premium if customer insures 10 or more vehicles.

Why Leave Your Car To Chance?

Unforeseen accidents causing you headache?

We protect you and your car from accidents while driving a car or motor vehicle.

The comprehensive motor insurance covers losses, own damage of vehicles and third party liability.

Our Comprehensive Motor Insurance helps you to drive your vehicle safely with peace of mind.

Why Leave Your Car To Chance?

Key Benefits

Eligibility

. Any legally registered motor vehicle in Road Transportation Authority (RTA)

. Private Vehicles

. Commercial Vehicles


Sum Insured

Sum Insured is dependent on:

. Invoice Value

. Market Value

. Agreed Value

Additional Coverage

. War Risk (0.05% of sum insured)

. Act of God such as Storms and Natural Disasters (0.05% of sum insured)

. Theft (15% of basic premium)

. Windscreen (5% of wind screen value)

Premium Rates

Premium rates calculated on 1% to 2% on sum insured (car value)

Subject to:

. Market value of vehicle

. Usage of vehicle

. Engine Capacity




Policy Term

. 3 months, 6 months, 9 months and 1 year

Basic Coverage

. Damage to vehicle during due to accident or high impact

. Damage by falling objects

. Explosion and thunder strike

. Vehicle damage caused by someone

. Liability for third parties

. Damage while vehicle is being transported









No Claim Bonus Percentage Table

No claim bonus benefits can be enjoyed if there are no claims during the first and subsequent policy year.

No Claim Bonus Percentage Table
Why Work With EFIG?

Why Work With EFIG?

Life is a journey of uncertainties. Since 2018, we have made it our mission to people and businesses find the assurance they need. As a subsidiary of Excellent Fortune Development Group, a top multi-sector conglomerate with a presence in financial, real estate, mining, agricultural and industrial sectors, our capital base is strong. Our range of products provides protection to both individual consumers and commercial clients. Our solutions anticipate rather than react to changing trends and our teams are focused on establishing long-term relationships that are mutually beneficial. Helping clients stay ahead of risk and serving, as their partners in times of need is why EFI is here. Excellent Fortune General Insurance is focused on creating fresh customer experiences, with easy-to-understand products, supported by digital technology. Through this customer-led approach, Excellent Fortune General Insurance aims to become a leading Myanmar insurer that changes the way people feel about insurance.

Come journey with us!

Let us help Protecting You, Securing Your Future.

Let’s Protect Your Future with EFIG Together!

Download Proposal

Download Proposal

Understand more about policy toolkit
Download Brochure

Download Brochure

Learn more about this product

Frequently Asked Questions

What types of vehicles can we insure?

. Any legally registered motor vehicle in Road Transportation Authority (RTA)

. Private Vehicle

. Commercial Vehicle

What should I do if I want to change the car?

You should contact EFIG Hotline No. 09 7777 8888 5 or respective sale person for changing the vehicle for details information.

What is No Claim Bonus?

It is a discount which can be applied to the cost of your motor insurance. The amount of discount is calculated by reference to the number of years that you have driven a vehicle without making a claim on your car insurance. But one of the insured persons is entitled to benefit only if your vehicle is insured for a period (one year) consecutive months.

Which documents do we need for Comprehensive Motor Insurance?

. The copy of Owner Book

. The copy of Wheel Tax

. Sale Invoice

. Proposal Form

. Car Photo

. Driving License








Apply This Insurance

You can get financial support and good savings habits when facing unforeseen circumstances by having life insurance coverage.

So, apply now to protect your vehicle while receiving insurance protection.

Relevant Blogs For Insurances

Information about AML and CFT Knowledge Promotion Training

Information about AML and CFT Knowledge Promotion Training

money laundering: Information related to combating the financing of terrorism and the proliferation of weapons of mass destruction can be found below.Current Situation on AML CFT and Risk > https://bit.ly/42XFjIS FRD AML CFT PowerPoint (...
Posted on March 18, 2023
General Insurance Products
ABOUT EFI

ABOUT EFI

EFI was founded in 2013 and has made it its mission to help people find the assurance they need ever since. As a subsidiary of Excellent Fortune Development Group, a top multi-sector conglomerate with a presence in the financial, real estat...
Posted on September 7, 2022
General Insurance Products
Life Products