If I make a windscreen claim, is my claim discount affected?

No. A windscreen claim does not affect your NCD, nor is an excess payable. The benefit is limited to two (2) claims for the life of the policy. You can purchase/reinstate this benefit after the 2nd claim.

What do I do if I sell my car? Can I sell my insurance?

The coverage provided is for you only, you cannot sell or transfer your insurance policy. Should you dispose of your vehicle by whatever means, whether sale or gift to a friend you must do the following:

  • Advise ICWI immediately of the sale and change ownership of the vehicle
  • Surrender the Insurance Certificate or Cover Note to ICWI.
  • Request that the coverage on the vehicle be terminated

If I modify my car will it affect my premium?

You must advise ICWI of any change to your vehicle which would increase performance. The associated risk will be underwritten to determine if there will be an increase in premium.

If I am insured under a private motor cover, can the vehicle be used for business?

The vehicle can be used for your business purposes if the insurance company has been be notified of the change. This cover will attract additional premium.

Do I have to pay my premium all at once?

No, ICWI offers the most flexible payment plans without using a finance company: Semiannual and Quarterly. To make paying your premiums even more convenient, you can choose from our many payment methods:

  • Tele Scotia
  • Post-dated cheques
  • Tele Midas
  • Cash
  • Pre-authorized payment from your chequing or savings account
  • Credit Card

Please note that in the event of a claim, all outstanding premiums become due. Remember you must pay on time! Late payments incur a penalty.

Do I have a grace period?

If your insurance cover expires at midnight before a public holiday or weekend, you should ensure that your policy is renewed before date as there is no grace period.

Are accessories in my car automatically covered?

Once accessories or stereo equipment are not factory fitted, it is your responsibility to produce documentation to prove the value of accessories and to ensure that these are specifically insured under your Motor policy.

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