You
will have to bear a fraction of the repair charges if your vehicle is more than
5 years old and new franchise parts are used (this is known as betterment).
Amount of compulsory Excess imposed on the policy and Endorsement 2f excess (for
private cars only) RM400.00 if at the time of the accident your vehicle was
driven by a person:
- Who was not named in the policy as a driver,
- Below 21 years of age,
- Has less than 2 years of driving experience (holder of Probationary
Driving License).
You
will also have to bear a proportion of the repair costs if your vehicle is
under-insured (i.e. the difference between the sum insured and market value is
more than 10%).
