Vehicle insurance

Vehicle insurance

Vehicle insurance provides financial protection against physical damage or bodily injury resulting from traffic collisions. It also offers financial protection against theft of the vehicle, and against damage to the vehicle sustained from events other than traffic collision, such as natural disasters, fire, and intentional and negligent act of third party.
Mandal daatgal (1)
Mandal Insurance JSC
nomin-logo-1 (1)
Nomin Insurance LLC
Prcatical daatgal (1)
Practical Insurance LLC
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MIG Insurance LLC
  • Insurance item

    • Vehicle purchased by bank loan

    Insurance coverage

    • Natural disasters
    • Collision coverage
    • Collision coverage ‘’non-traffic accident’’
    • Water and humid damage caused by failure of plumbing system
    • Fire and explosion
    • Theft and burglary
    • Intentional and negligent act of third party
    • Market value – 1.0%
  • The insurer shall pay the insurance indemnity to the insured based on the following documents. These include:

    • Insurance policy
    • Insured’s claim application
    • An official letter for claim /for legal entities only/
    • Statement for the loss by related authorities depending on the accident situation / National Emergency Management Agency, General Agency for Specialized Investigation, Housing and Public Utilities Authority of the Ulaanbaatar City, National Apartment Association, Police, National Agency for Meteorology and Environment Monitoring of Mongolia etc/
    • Photos, video footages and other evidences
    • Loss estimation report by authorized loss adjusting company which is accredited by Financial Regulatory Commission
    • Other related documents if it is necessary /loan contract, mortgage note etc/
  • 1000000
    12000000
    2000000000
    1
    20.8
    30
    1
    12
    360

    Your loan calculation

    Monthly payment

    Salary amount (45%)


    Down payment

    Loan amount

    Loan interest rate /per year/

  • 10000
    25000000
    2000000000
    10000
    100000
    5000000
    1
    15
    30
    1
    24
    30

    Calculate your savings

    The money you saved

    Total interest

    Total

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