TAKAFUL MOTOR PLAN

Your car is your prized possession. It helps you work, travel and see friends. Most importantly, it keeps your family safe. That’s why a comprehensive Takaful policy that covers not just your vehicle, but all its passengers too, is crucial. And it’s why, in partnership with Takaful Oman, we’ve launched Takaful Motor Plan, the hassle-free way to know that your car is fully covered.
 
Whether you’re buying a motor policy for the first time or renewing your existing policy, at NBO we make the process simple, straightforward and easy. and  offer you a wide range of options at great rates.
 
All our motor policies include cover for:

  • Accidental damage to your car and any other car, passengers or third party involved in an accident you cause
  • Damage caused from fire or theft of your vehicle
 
 
Reasons to smile:

  • Attractive comprehensive and third-party cover rates, including flexible payment options
  • Up to five years’ agency repairs
  • Free UAE cover
  • Optional car replacement cover in case of accident
  • Free personal accident cover for private vehicles with up to five passengers
  • Free medical expenses cover for medical emergencies due to an accident involving the covered vehicle
  • INSTANT Issuance of Takaful policy.– your cover starts immediately
  • Smooth and seamless claims process to offer you extra peace of mind
 
 
Comprehensive Takaful Coverage:
Comprehensive coverage through Takaful Motor Insurance from NBO protects you against loss or damage to your insured vehicle (Own Damage), as well as providing third-party coverage. You can also cover your car against road accidents, theft, fires, and natural disasters such as floods and lightning strikes.
           
Optional extras:
For just 30 baizas per day, you can enjoy:
  • Car replacement benefit for up to 15 days*
  • pick-up and delivery of your car for routine maintenance once a year*
  • Annual Worldwide travel cover (unlimited trips of up to 92 days per trip)*
 
For a small extra contribution, dealer repairs can also be upgraded to three years from the vehicle’s first registration.
 
*T&Cs apply

 

Takaful Motor Plan is available on cars registered to Omani citizens and expatriate residents who are:

  • National Bank of Oman customers

  • Standard cover is available for sedans and four-wheel drives for private use. The policy excess is as per UMIP-CMA guidelines.
  • Commercial vehicles, taxis, rent-a-cars, trucks and driving school vehicles will be subject to a separate tariff. Policyholders under 25 years old may also be subject to a separate tariff.
  • Takaful Coverage is also available to company-registered vehicles for social, commercial and domestic use. A separate tariff will be applied.

To secure your Takaful Motor plan, you will need your driving license, Mulkiya, and national ID card. Please also supply a copy of your ‘No Claims Discount’ letter if you have one. You may either visit the nearest National Bank of Oman branch or call the bank helpline number. The process will managed by your Relationship Manager of the bank.

Private Vehicles - Comprehensive Premium Structure and Key Benefits:

Particulars RetailPriority Banking
CoverageOwn Damage + Third PartyOwn Damage + Third Party
Repair Service @ Agency1st & 2nd Year*Upto 5 Years**
Geographical Extension- UAE cover FreeFree
Orange Card FeeRO 2/VehicleRO 2/Vehicle

Personal Accident Cover

(Driver + Upto 4 Passengers)

Free Free

Personal Accident Cover for More than 4 Passengers

 

RO 3 per seat RO 3 per seat
Roadside AssistanceFree Free
Medical Expenses CoverFreeFree
Comprehensive coverage provided upto7 years 7 years

Premium Rate

For Drivers Aged Above 25 Years

1.8% for all type of Vehicles up to the Value of OMR 50,000

(except Sports, Coupe and High Performance Vehicles.)

Min Premium for Drivers Aged Above 25 years RO 110
Premium Rate for Driver Aged upto Age 25 years

2.3% for all type of Vehicles up to the Value of OMR 50,000

(except Sports, Coupe and High Performance Vehicles. )

Min Premium for Drivers Aged upto 25 years RO 130
Car Replacement due to Accident NAAvailable during policy inception @ additional RO 110
TP Limit RO 150,000RO 150,000
Deductible for Drivers Above 25 yearsRO 50/ClaimRO 50/Claim
Deductible for Drivers Aged upto 25 years RO 100/claimRO 100/claim

*A special price of RO 105 to be paid as additional premium annually to avail this benefit in the Second Year

**Flat rate of 3% from third year to fifth year.

-Import vehicles are excluded from Comprehensive Cover

-Govt Tax @ 1.85% of total premium



Private Vehicles - Third-Party Premium Structure and Key Benefits:

Particulars Customers
CoverageThird Party Only  
Geographical Extension –UAE cover   Free 
Orange Card FeeRO 2/Vehicle 

Personal Accident Cover

(Driver + Upto 4 Passengers)

Free  

Personal Accident Cover for More than 4 Passengers

 

RO 3 per seat  
Medical Expenses CoverFree 

Premium Rate with PAB cover

(Drivers aged Above 25 Years )

RO 55 for all types of vehicles (except Sports, Coupe and High Performance Vehicles.)

Premium Rate without PAB cover

( Drivers Aged Above 25 Years)

RO 45 for all types of vehicles (except Sports, Coupe and High Performance Vehicles.)
Premium Rate for Under Aged Drivers upto Age 25 years RO 65 for all types of vehicles (except Sports, Coupe and High Performance Vehicles.)
TP Limit Ro 150,000
Deductible for Drivers Above 25 yearsRO 50/Claim
Deductible for Drivers Aged upto 25 years RO 100/claim
Govt Tax 1.85% of total premium

 


1. What are the criteria to purchase a Himayati Motor Insurance Policy?

  • Our motor insurance policies offer a wide range of cover as per the below:
  • National Bank of Oman customers who own cars.
  • The car must be registered in Oman to a citizen or legal resident. 
  • Insurance is available to private individuals purchasing new or used vehicles including taxis, taxi buses, driving school vehicles, etc. 
  • Insurance coverage is also extended to company-registered vehicles for social, commercial and domestic use.


2. What are the documents I need to insure my vehicle?

  • Completed motor application form.
  • ID card copy.
  • Valid driving license copy. 
  • Valid car registration copy for used cars.
  • Invoice copy from dealer for new cars. 
  • Premium payment as agreed.
  • ‘No claim discount’ letter (if any).


3. How do you calculate my insurance premium?

Insurance premium is calculated based on a number of key factors,including the age of the driver,length of driving experience,claims history,location,vehicle value and vehicle type,among others.​​


4. As a National Bank of Oman Sadara customer, do I receive any additional benefits?

Yes, AXA offers our Sadara customers three exclusive benefits over and above their standard motor insurance policy features:
  • Personal accident cover increased to OMR 20,000.
  • Upgraded free rental car for seven days in case of a claim.
  • Off road cover for four-wheel drive vehicles.


5. Why can’t the insurance and registration be in two different names?

The policyholder should be the registered owner and primary driver of the car with a financial interest in the vehicle. The traffic department will only register a vehicle in the name of the policyholder stated on the insurance certificate.​​​​


6. Why can't the insurance be transferred when the vehicle is sold?

As insurance premium is affected by the profile of the driver, it isn’t possible to transfer motor insurance from one owner to another. The existing policy must be cancelled and the new owner will be issued a fresh insurance policy that is required for registration purposes.​​​


7. How does AXA’s motor insurance differ from other insurance companies?

Along with the security and service standards of a large international operation, AXA provides one of the highest levels of motor protection in the Middle East, including 24-hour accident recovery and guaranteed repairs among other benefits.​​​


8. Can I choose the garage for my vehicle repairs?

If you have opted for agency repairs in your policy, then your vehicle will be repaired at the main authorized dealership. Otherwise AXA will select one of its authorized repairers based on the vehicle type, nature of damage and availability.​​​​​


9. How do I make an insurance claim?

AXA's contact numbers for claims/enquiries are as follows:​ 
Phone – 24400100 ​
Fax – 24400159 
Timing: 8am to 5pm (Sunday to Thursday)


10. What are the criteria for the Motor Executive Insurance cover?

You can enjoy the benefits of Motor Executive Insurance if you have a ‘no claim discount’ letter for three or more years.​​​


11. Does this policy cover riots, strikes and civil commotion?

Yes it does.​​​


12. Does this policy cover sports cars?

Yes.​​​​


13. Can I apply for Himayati Motor Insurance through National Bank of Oman’s Internet Banking portal?

Not at the moment. You can only apply through your nearest National Bank of Oman branch in the Sultanate. ​​


14. When I can get my insurance policy and Royal Oman Police (ROP) form issued?

The ROP form and the insurance policy number will be issued immediately by the branch at which you apply, upon payment of the premium. You can collect the policy documents at a later time from the bank branch of AXA office. ​​​


15. What is the policy period?

A motor insurance policy is valid for a period of one year and has to be renewed before the due date.​​


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