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Your car is valuable, and we can help take care of it…

Protect your car or your fleet at a competitive price and with the best conditions provided by our product.

Car Insurance

Solutions adequate to your needs, with excellent coverages and services, and with the possibility to obtain discounts.  

  • Subscription and contracting simplicity;
  • Product with attractive price adjusted to the characteristics of the driver and the vehicle;
  • Quick and efficient settlement process in case of accident.

 

Car Fleet Insurance

  • Easy management of all cars since they are all included in the same policy;
  • Money saving, since a single insurance covers many vehicles.

The Car Insurance premium varies according to the coverage and the selected capital option.

 

 Mandatory Coverage

 
Coverages
 
Capital Options
 
Civil Responsibility
 
300.000
1.000.000
2.500.000
5.000.000
10.000.000

 
 
Passengers
 
Capital (MZN) (Per passenger)
A
B
C
D
E
F
G
Death or Permanent Handicap
30.000
40.000
60.000
100.000
200.000
300.000
500.000
Medical or Hospital Expenses
3.000
4.000
6.000
10.000
20.000
30.000
50.000
 
Funeral Expenses
 
1.500
2.000
3.000
5.000
7.500
10.000
15.000
 
 
Optional Coverages
 
Own damages coverages
 
 
Co-payments
 
CCC
IRE
FN
QIV
FR
CCC
IRE
FR
FN
 
Vehicle's market value - To be given by the car's owner
 
15% of the accident cost
Minimum of 1,5% of the insurance value

 

 

 

 

With this Car Insurance the following risks can be covered:

      • Civil Responsibility – Insurance mandatory by Law;
      • Self Damages – Coverage of the damages to the insured vehicle.

 

Base Coverage

    • Civil Responsibility - Insurance mandatory by Law;
    • Passengers - Death or permanent disability, Medical and Hospital Expenses; Funeral Expenses;
    • Broken Glasses and Windows (QIV)


Additional Coverages

  • Crash, Colision and Rollover (CCC);
  • Fire, Lightning or Explosion (IRE);
  • Natural Disasters (FN);
  • Theft or Robbery (FR).

 

Acceptance Rules

Isolated Insurance with more than one claim in the last two annuities are not accepted from tenderers other than SIM Clients.

In case of tranfer from another Insurance Company and if the Client wants to benefit from discounts the presentation of the original Pricing Certificate or supporting document is required.

When the proponent of a single insurance of the Motor Business is not a SIM client, his/her acceptance at the Delegations branches is only possible if immediate payment is done, without prejudice of the insurance which acceptance is subject to the Technical Area.

When the Applicant is different from the property registration holder, it can only be accepted as usufructuary.

 
Conditional Acceptance
The following situations are subject to conditional acceptance and analysis by the technical department of the Insurer:
  • Civil Responsability Capital exceeding 10,000,000.00 MZN;
  • Self Damage Capital exceeding 825,000.00 MZN;
  • Type and purpose of the vehicle;

 

Prohibited Acceptance
  • "Chapas" (informal buses) Insurance;
  • Insurance for vehicles in poor conditions;
  • Clients with history of Fraud or attempted fraud in any area;

  

To subscribe to this Insurance please visit any Millennium bim Branch.
Insurance Policy
An Insurance Policy cannot cover more than one vehicle, with the exception of Fleet Insurance and Insurance for Garage Owners. 
 
Temporary Certificates and Declarations for Creditors
Can be only issued by authorized managers.
 
Agreements Start and Duration
The date and hour of coverage is the 00h of the next day of the acceptance stamp from the Insurance Company or the date and hour mentioned in the application duely signed by an entitle proxy.
 
Agreement's Modification
  • Change of vehicle;
  • SIncrease or decrease of capital insured or coverage and co-payments;
  • Exclusion or inclusion of cars in Fleet Insurance.
 
Insurance Suspension
The agreement can be suspended, at the Insured Person request, due to car substitution or sale, for a maximum period of 60 days.