Personal InsuranceA responsible stays insuredUnder the law, all drivers are required to obtain Mandatory Motor Third Party Liability Insurance. This insurance covers the driver’s legal liability for bodily injury, death, or property damage caused to third parties while participating in road traffic
CoverageWhen you participate in road traffic with your vehicle, it indemnifies damage caused to others’:✓ Life
✓ Health
✓ Property
✓ Health
✓ Property
Sum insured
In accordance with the Law on Drivers, the insured limits and base premiums are shown in the table below
| Vehicle Category | Sum Insured / Maximum One-Time Indemnity Limit | Base Premium |
|---|---|---|
| "A" category vehicle | Up to 50 million MNT | 12,500 MNT |
| "B" category vehicle | Up to 50 million MNT | 33,000 MNT |
| "C" category vehicle | Up to 100 million MNT | 42,500 MNT |
| "D" category vehicle | Up to 100 million MNT | 53,000 MNT |
| "Mechanism" category vehicle | Up to 50 million MNT | 12,500 MNT |
