Metropolitan Insurance Company Inc. (MICI)
Feel confident wherever you go. Metropolitan Insurance Company Inc. car insurance provides full protection for you and your loved ones against financial losses due to vehicular related-accidents such as accidental collision, fire & lightning, explosion, theft, and malicious damage.
Metropolitan Insurance Company Inc. (MICI)
MICI offers comprehensive motor vehicle insurance solutions — from protection to any injuries to all parties involved and any damages incurred to physical properties, to securing the client’s medical expenses as well as vehicle repairs management.
Overview
- Vehicle Use
- Private
- Allow Custom Retail:
- Yes
- Allow Customer Fleet:
- Yes
- Allow Foreigners:
- Yes
Cover Details and Options
Covered Risks
Product Advantages and Limitations
- Benefit
- 24/7 Road Assistance
- Benefit
- Allows Custom Retail
Fees
Regional Workshops
FAQs
Declaration of Accessories
- Only non-standard accessories need to be declared. Standard accessories refer to those that are factory-installed in accordance with the manufacturer’s minimum specification for the particular model.
- Coverage on all non-standard accessories shall be subject to the assured’s declaration of the following: brand/model, purchase price, or our limit of liability (whichever is lower) and purchase date.
- Coverage for non-standard accessories should be added to the fair market value of the vehicle unless the same just replace an existing standard accessory of the same value
Documentary Requirements
- Copy of Official Receipt and Certificate of registration for nonbrand new
- Copy of Official Receipt and Certificate of Stock Reported (CSR) for brand new
What is the information required for MICI car insurance?
- Registered Owner of the vehicle
- Plate number or Conduction number
- MV file number
- Chassis Number
- Motor Number
- Make and model of vehicle
- Effectivity date of Policy or Registration (Inception Date)
- Expiry Date of Policy (should be 12 months from date of effectivity)
- Contact person
- Contact number
- Email address
What are the prohibited risks and exclusions to apply for MICI car insurance?
- Ambulance / Fire Trucks / emergency vehicles
- Amusement park vehicles
- Armored cars and their backup vehicles
- Broken-down vehicles
- Poorly maintained vehicles
- Driving academy vehicles
- Surplus and other reconditioned vehicles (units acquired in Subic, Cagayan Valley, Cebu, and other known areas determined as surplus distributors)
- Military vehicles / Military surplus vehicles
- Public utility vehicles (except for CTPL)
- Colorum vehicles or vehicles suspected of being illegally used for hire or rent.
- Tricycles or motorcycles with sidecars
- Heavy Trucks / Cargo Trucks / Tankers and Lorries / Dump Trucks
- Jeepneys / Open-type vehicles
- Vehicles used for racing, pacemaking reliability trial, or speed testing
- Vehicles for hire
- Units classified as phase-out
- Vehicles of businesses related to Rent-A-Car
- Vehicles used as TNV
Metropolitan (MICI) car insurance Terms and Conditions
- All units are subject to underwriting inspection,
- Units > 12 yrs old subject to drive-in underwriting inspection prior issuance of the policy
- Repairs will be done in MICI Accredited Shops,
- Policies should have a term of the cover of at least 1 year
- Deductible to be shouldered by the assignee
- Subject to Terrorism Exclusion Endorsement
- 60 days flat cancellation
- Fixed Deductible is applicable as long as the unit is insured with MICI.
- Credit term of 6months provided with PDCs
