Toyota Insurance

Toyota Insurance managed by MSIG is created special for Toyota Cars by Toyota Astra Motor and provided by MSIG Indonesia. It covers motor vehicle against loss or damages with special feature.

Overview

The insurer indemnifies the insured against the loss of or damage to the insured motor vehicles (car) caused by:

1. Accident, collision/impact, malicious action by another person, theft, fire and lightning.

2. Any cause during crossing by ferry.

3. Damage to the tires, when it caused damage to the vehicle due to an accident.

4. Reasonable expenses incurred, such as towing expense within coverage area.

5. Other sudden and unforseen risk which are not excluded in Indonesia Standardized Motor Vehicle Insurance Wording.

Coverages

Basic Coverage

Comprehensive

Comprehensive Policy covers the loss of or damage to the motor vehicle by:

  1. Hull Damage

Comprehensive Policy covers loss of or damage to, total or partial of the motor vehicle due to above risks.

Car with sum insured above IDR 200 million is required to have additional coverage.

Total Loss Only (T.L.O)

Only covers:

  1. Loss or damage of which repair cost be equal or more than 75% of the actual value of the motor vehicle or
  2. Loss by theft and not found within 60 (sixty) days.

TLO package is automatically bundled with these coverages:

  • Hurricane, Storm, Hail, Flood, Landslide.
  • Riots, Civil Commotion, Strikes, Barriers to Work, Charges, Rebellion, Revolution.
  • Earthquake, tsunami or volcanic eruption.

Coverage within Indonesia territory.

 

Special Features

  1. Repair at Authorized Workshop
  2. Guarantee using Toyota genuine parts
  3. Repair result warranty up to one year.
  4. Inter Island Risk
  5. Total Loss Only (TLO) for the first year is 50% of the Sum Insured
  6. Emergency Road Assistance (ERA) Service

a. Towing Service: 

  • Emergency service: this additional service can be provided even if there is no loss to the Motor Vehicle
  • Accident service: this additional service can be provided in the event of loss and or damage to the Motor Vehicle

b. Replacement of Tire Leaking on the spot: the mechanic will replace the leaked tire with the insured spare tire.

c. Repair of car battery on the spot: the mechanic will overcome the interference of the car battery.

d. Emergency fuel assistance: the mechanic will provide a maximum 5 (five) liters of fuel as an emergency measure to reach the nearest gas station.

 

Additional Coverage

  1. Hurricane, Storm, Hail, Flood, Landslide.
  2. Riots, Civil Commotion, Strikes, Barriers to Work, Charges, Rebellion, Revolution.
  3. Earthquake, tsunami or volcanic eruption.
  4. Third Party Liability.

 

Optional Coverage

  1. Terrorism and Sabotage.
  2. Personal Accident for Driver.
  3. Personal Accident for Passenger.

Exclusions

Exclusion

  1. Loss or damage caused by embezzlement, fraud, hypnotize and such kind.
  2. Loss or damage due to malicious actions committed by:
  • The Insured or child, his/her spouse
  • Any Person acting on behalf of the Insured
  • Any Person working for the Insured
  • Any Person within the knowledge of the Insured
  • Any Person living with the Insured.
  1. Loss or damage as consequence of: Used to tow or push other motor vehicle, racing purpose, tuition in driving, carnival or parade, to commit a crime.
  • Overloading or driven by force
  • In damage condition or technically unsafe condition.
  • Being driven by a person not holding a valid driving license (S.I.M) or under the influence of alcohol or any other drugs.
  • Nuclear reaction or radiation.
  1. Loss or damage directly or indirectly caused by natural disaster or war.
  2. Loss or Damage to any part or material of motor vehicle due to wear and tear, inherent vice of that part.
  3. Other exclusions as defined in the insurance policy.