The CBG Motor Insurance Policy provides coverage against a wide range of risks associated with owning and operating a vehicle, including bodily injury, property damage, and theft.

The policy offers two main cover options: Third-Party Liability Insurance and Comprehensive Motor Insurance.

Policy Types

Third-Party Liability Insurance provides coverage for damages or injuries caused to third-party persons or property in the event of an accident. This cover is mandatory for all vehicle owners in Ghana and is enforced by the Motor Traffic and Transport Department (MTTD).

Comprehensive Motor Insurance provides coverage for third-party liability as well as loss of or damage to the insured vehicle. While optional, it is highly recommended for vehicle owners seeking broader protection against accidents, theft, and other risks.

The cost of motor insurance varies based on several factors, including cover type, vehicle use (private or commercial), vehicle value, seating capacity, cubic capacity (CC), and year of registration.

Target Group

CBG Customers

Benefits

• Protection for the insured
• Convenience
• Lower premiums
• Consistent claims assistance

Requirements

Customers are required to provide the information below for quotation and underwriting once a quotation has been accepted.

Underwritten by SanlamAllianz