A Basic/Standard Excess is the amount you must bear for each
claim we approve, even if the incident is not your fault. This does not apply
for loss or damage caused by fire, explosion, lightning, burglary,
housebreaking, theft, third party property damage or bodily injury claims.
A Compulsory Excess is an additional RM400 you must bear if
you or the person driving the vehicle is either:
- Under 21 years old.
- Holds a Provisional (P) or Learner (L) driver’s
licence.
- Not in your policy as a named driver.
So, for example, if the claim payable is RM10,000 but your
policy carries a basic excess of RM500, you would need to bear the first RM500
yourself while we pay the balance of RM9,500.
However, if the driver is below 21 years old, you would also
need to bear the Compulsory Excess of RM400. As such, you would need to bear
RM900 (500+400) and we will pay RM9,100.
