Phoenix Insurance PLC delivers rock-solid motor coverage for every vehicle, every road, and every risk — so you never face the unexpected alone.
Drive with confidence — we cover the road ahead.
Motor insurance provides comprehensive financial protection against loss or damage to your vehicle and third-party liabilities arising from accidents, theft, fire, and other unforeseen events. Our policies cover private cars, commercial vehicles, and motorcycles, giving you peace of mind on every journey.
What We Cover
Comprehensive protection for daily commuters and weekend drivers alike.
Plans designed for vans, trucks, and entire fleets to keep business moving.
Full protection for riders who live for the open road.
Comprehensive protection, zero surprises
Full repair or replacement after any incident.
Protection if your vehicle is stolen or broken into.
Coverage against fire, floods, and motors of nature.
Bodily injury and property damage to others.
Full glass repair and replacement included.
For drivers and passengers in the event of injury.
Policy Structure
Separate policy forms to be used for private vehicle, motor cycle & commercial vehicle.
A common policy form for all types of vehicle i.e. private vehicle, motor cycle & commercial vehicle to be used. Liability of the insured made compulsory by motor vehicle Amendment Motor, 1991 as well as additional liabilities may be insured.
SECTION 1
Under Own damage section the loss or damage to the insured vehicle to be covered.
SECTION 2
Under Motor liability section the liability of the insured, as per motor vehicle Amendment Motor, 1991 shall be covered.
Comprehensive Policy
By fire, explosion, self-ignition or lighting.
By burglary, house-breaking or theft.
By riot & strike including malicious and terrorist activities.
By earthquake (fire and shock damage).
By flood, typhoon, hurricane, storm, inundation, cyclone, hailstorm, frost, tempest.
By accidental external means.
Whilst in transit by road, rail, inland waterway, lift, elevator or air.
Motor liability insurance risks.
Act Liability Policy
Tk. 20,000
Death
Tk. 10,000
Grievous Injury
Tk. 5,000
Minor Injury
Tk. 50,000
Property Damage
Premium Rating
Passenger Carrying
Goods Carrying Vehicle
Rewards for Safe Driving
A rebate in accordance with the following scale may be allowed by way of deduction from the premium required for the next renewal. No Claim Bonus applicable to own damage premium only.
| Condition | Private | Commercial | Motorcycle |
|---|---|---|---|
1st Year No claim made during the preceding year of insurance | 30% | 30% | 15% |
2nd Year No claim made during the preceding 2 consecutive years of insurance | 40% | 40% | 20% |
3rd Year No claim made during the preceding 3 consecutive years of insurance | 50% | 50% | 25% |
| Condition | Private | Commercial | Motorcycle |
|---|---|---|---|
1st Year No claims made during the preceding year of insurance | 10% | 10% | 5% |
2nd Year No claims made during the preceding 2 consecutive years of insurance | 20% | 20% | 10% |
3rd Year No claims made during the preceding 3 consecutive years of insurance | 25% | 25% | 15% |
Own Damage Section Only
If the insured is not entitled to any NCB & made claim or claims during the preceding year of insurance, the basic premium at next renewal shall be loaded in accordance with the following scale (Own Damage Section only):
| Claims in Preceding Period | Private Vehicle | Commercial Vehicle |
|---|---|---|
| One claim in preceding period of Insurance | 30% | 30% |
| Two claims in preceding period of Insurance | 40% | 40% |
| Three claims in preceding period of Insurance | — | — |
Step-By-Step Guide
Fill in your details online or visit a branch.
Pick comprehensive or third-party coverage.
Policy active — hit the road with confidence.
Get insured in minutes. Request a quote online, speak with our advisors, or visit any branch near you.