To be a vehicle owner, you can be hit by unpredictable traffic accident causing bodily injury or physical damage to you and the third party. Third liability insurance, physical damage insurance to vehicle, personal accident insurance to drivers and passages will partly release you from compensation responsibilities, thus you will feel more secure when driving your vehicle.

To provide variety of choice to the clients, LVI now provides lots of products that cover your vehicle and third party liability as:

1. Third Party Liability (AB):

• Bodily injury to the third party such as death, injury, disability, permanent disability, medical expense
• Materials damage to the third party: their car or other property damage. 
• You have 03 options: AB0 (compulsory), AB1 and AB2 with flexible limits

2. Physical damage:

  - Cover C: collision with stationary or mobile body, overturn,

  - Cover D: collision with vehicle, animal, pedestrian

  - Cover E: plat glass insurance

  - Cover G: fire

  - Cover F: theft

  - Cover H: Defence and claims: provide for the expenses for the defence of the insured before the courts.

  - Cover I: Driver and passenger: bodily injury, disability or death due to accident when driving on the road traffic

3. Package insurance:

- LVI Flex: LVI will cover damage of insured vehicle from accidents as collision with a vehicle or an animals or a pedestrian, fire theft up to maximum limit and third party liability. View more here

- LVI Car Special: LVI will cover damage of insured vehicle from accidents such collision with stationary or mobile body, overturning, breakage of glass, fire, theft up to maximum limit and third party liability. View more here

4. Main exclusions:

1. Driver has not fulfilled the requirements required by the regulations on the driving of the said vehicle as regards the necessary age and certificates (driver’s license, traffic license) still valid (not suspended nor expired) and with a driver must be holder of driving license at the time of the accident;
2. Driving under the influence of alcohol/drug at the time of the accident;
3. The third Party Liability does not cover damage incurred to the insured and property ofthe insured.
4. Damage by war, strike, terrorism,
5. Other exclusions are clarifiedLVI’s motor vehicle insurance wording that approved by Ministry of Finance of Lao PDR.

4. How to buy Motor Vehicle Insurance: you can buy as one of following methods:

  - Buy via mobile application: BCEL One, U-Money, LVB DigiBank

  - Call hotline 1465 or Capital 020 23344666, Northern 030 5552205, Southern 020 98717666

  - LVI's offices and agents nationwide

  - LVI's partners: branches nationwide of  BCEL, APB, ACLEDA, LaoVietBank, IndoChinaBank