Object of insurance:

  • The Motorcycle, including its manufacturers standard fitted accessories/ spare part.

Section 1: Loss or damage to the Insured Motorcycle


CVI will indemnify the Insured against accident loss or damage to the Motorcycle whilst thereon:

  • By accidental collision or overturning
  • By accidental collision or overturning consequent upon mechanical breakdown or consequent upon wear and tear
  • By fire, external explosion self-ignition or lightning
  • By burglary, housebreaking or theft
  • By malicious act

Basic settlement:

Pay the cost of repairs of the Motorcycle or

Pay the cash the amount of the loss of or damage to the Motorcycle, or

Reinstate or replace Insured’s Motorcycle

The maximum amount CVI will pay is the market value of the Insured’s Motorcycle at the time of the loss or the Sum Insured stated in the Policy whichever is lower

Section 2: Third party liability


CVI will indemnify the Insured or the Insured’s rider in the event of accident resulting from or arising out of the use of the Motorcycle for the amount which the Insured ‘s rider are legally liable to pay (including claimants’ costs expenses) for:

  • a) Death or bodily injury to third parties
  • b) Damages to third party property
  • c) Legal cost for defense of any charge including the charge of causing death (other than murder) if our prior written agreement had been secured

Limit of Liability

Up to USD 50,000 in aggregate


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