Introduction to First Gulf Bank Car Insurance in UAE
First Gulf Bank was established in the year 1979. Its headquarters are in Abu Dhabi, UAE. First Gulf Bank provides insurance and savings at every stage of one’s life ensuring that the customer is always protected.
FGB helps you choose the best coverage for your vehicle, you can save your time and money with the best options available for vehicle insurance.
Features and Benefits of FGB Car Insurance
With the First Gulf Bank, you get:
- To buy the insurance policy online with exclusive 10% online discounts.
- You get complimentary services such as free car registration renewal service at your doorstep.
- Based on the number of years you have driven your car without a claim, you get a no claims discount.
- The insurance cannot be transferred if the vehicle is sold, the new owner has to buy a new insurance policy.
- The insurance company selects a garage to repair your vehicle based on the insurance policy you have chosen.
- If you have opted for Agency repairs, then you can get your vehicle repaired at the main authorised dealership.
- If your car has been damaged by someone else, if that person has no third party damage cover, then your insurance company will treat it like any other accident and this will affect your no claim bonus.
- The policyholder must be the main driver of the vehicle and the registered owner of it. He must have financial interest in the car.
- There are 3 types of covers available:
It covers damages due to Accidents, overturning, off road cover for 4x4 vehicles, natural calamities and riots. It doesn’t cover Agency repairs cover offered or motor trade and valet parking services or GCC cover extension. It covers up to AED 2,000 on loss of personal belongings. You get the new car replacement cover for 6 months. Third party liability for death and bodily injury has unlimited cover. It includes family member’s extension and up to AED 3.5 million is covered for property damages. The driver, spouse and passenger cover of up to AED 200,000 is optional. You get optional 24 hour roadside assistance, desert extension and car registration service. Windscreen damages are covered. Hire car for up to 10 days is optional. The no claims discount protection is also optional.
You get agency repairs cover for cars that are less than 2 years old. This will cover for the damages caused by accident or overturning, fire and theft, motor trade and valet parking, GCC cover extension, off road cover for 4x4 vehicles, natural calamities and riot. The cover for loss of personal belongings is up to AED 4,000. You get the new car replacement cover for 12 months. The third party death and bodily injury has unlimited cover. You will get a family members extension and driving other vehicles extension under this cover up to AED 3.5 million is covered for property damages. Up to AED 3,500 is covered as emergency medical expenses. Under this cover you get an optional driver, spouse and passengers cover for up to AED 200,000. The replacement locks cover is AED 3,000. Under this cover you get 24 hour roadside assistance, GCC and desert extension and car registration service. Windscreen damage is also covered. You get an option of hiring car for up to 10 days. No claims discount protection is optional.
Under this cover, you get agency repairs for cars that are less than 5 years old. You get a cover for damages due to accident or overturning, fire and theft, motor trade and valet parking, GCC cover extension, natural calamities and riots. You get up to AED 6,000 for loss of personal belongings. The new car replacement cover is for 18 months. The third party death and bodily injury has unlimited cover. Up to AED 5 million is covered for property damages. Under this cover you get family members extension and driving other vehicles extension. The emergency medical expenses cover is up to AED 6,000. The cover for replacing locks is unlimited. The driver, souse and passenger cover is up to AED 300,000. Under this cover you get 24 hour roadside assistance, GCC and desert extension, people cover and car registration service. Windscreen damages are also covered. You can hire the car for 10 days for three times under this cover. Hire car lump sum is an option given, it covers up to AED 2,500. The insurer gets no claims discount protection.
Eligibility Criteria for FGB Car Insurance
The insurance is provided to UAE Nationals. The vehicle must be registered in the individual's name and it must be used for personal purposes.
Fees and Charges of FGB Car Insurance
The fees and charges vary from policy to policy.
Why choose First Gulf Bank Car insurance?
First Gulf Bank won Best Bancassurance Products award at the Banker Middle East Product Awards 2014. They were recognized for the innovation with the ‘Best New Product’ Award which speaks for itself.
FGB has partnered with the best insurance providers to offer their customers simple yet effective insurances. You can buy the policy online with exclusive online-discounts. Bunch of complimentary services are offered to the customers based on the type of insurance you purchase from First Gulf Bank.
Other products offered by First Gulf Bank in UAE are:
Frequently Asked Questions - FAQs
Can I buy the First Gulf Bank Car Insurance online?
Do I get any complimentary services?
Are there different types of cover that I can choose from?
Are there any other types of discount that I will be entitled to?
Is the insurance provided by the First Gulf Bank?
Yes, the insurance can be brought online. You also get a 10% exclusive discount.
Yes, you get free car registration renewal service right at your doorstep.
Yes, there are three types of cover; essential, extra and elite.
Yes, you get no claims discount based on the number of years you have driven your car without a claim.
No, the First Gulf Bank is merely a provider, the claims are settled by the insurance companies.