1.

Insurance to the commercial vehicle (Own damage):

Covers accidental damage or loss to vehicle, cost of protection and removal to
repairer after accident (within the territorial limit).
Accidental damage to insured vehicle due to collision, overturning, fire, lighting,
explosion, theft, break-in and other accidental cause.
Cost of removal: the reasonable cost for removing the vehicle to the nearest
repairer if the insured vehicle is disable and cannot move on its own power as a
result of loss or damage caused by one of the insured perils.
Exclusions:
-consequential loss, depreciation, wear and tear
-driver is not authorized by the insured
-driver is under the influence of intoxicating liquor or drug to an extent which
causes the driver concerned incapable of having control of the vehicle.
-Force Majeure: flood, typhoon, hurricane, acts of God, war, invasion, rebellion,
revolution, strike, riot, civil war, etc.
-damage caused by overloading or strain
-damage caused by explosion of any boiler forming part of the vehicle
-damage to tires unless vehicle is damaged at the same time.
2. Insurance to the liability to third parties:
Covers all sums including claimant costs and expenses which the insured or
authorized driver is legally liable to pay in respect of:
-death or bodily injury to third parties
-damage to third party’s property in connection with the use of the vehicle and
loading and unloading of the vehicle.
Exclusions:
-death or bodily injury to employee of insured or driver
-damage to property belonging to insured or driver or held in trust (được ủy thác)
by insured or driver or driver’s household.
-death or bodily injury caused by explosion of any boiler forming part of the
vehicle
-damage to property caused by explosion of any boiler forming part of the vehicle
-liability under agreement between insured and a third party