Financial resilience
Provides coverage against accidental damage, theft, fire, natural disasters, and other covered risks, helping reduce unexpected repair or replacement expenses.
2M+
Policy Sold
20K+
Claim Settled
200K
Active Policy
Goods Carrying Vehicle Insurance is a specialized motor insurance solution designed to protect owners and operators of goods-carrying vehicles from unforeseen financial losses arising from accidents, theft, natural calamities, and third-party liabilities. It provides coverage for repair and replacement costs, as well as legal obligations, helping minimize the financial impact of unexpected events.
In Nepal, maintaining at least a Third-Party Motor Insurance Policy is a legal requirement for every vehicle owner. This mandatory coverage ensures financial protection against bodily injury or property damage caused to a third party while operating the insured vehicle.
Goods Carrying Vehicle Insurance is generally available in three forms: Third-Party Insurance, which covers liabilities arising from injury, death, or damage caused to others; Own Damage (OD) Insurance, which protects the insured vehicle against accidental loss or damage; and Comprehensive Insurance, which combines both third-party liability and own damage protection to provide all-inclusive coverage for goods-carrying vehicles.
Essential protections such as Goods Carrying Vehicle Insurance are often overlooked or forgotten when they appear to be routine, unless individuals face the consequences of being uninsured. However, these regulations are primarily designed to ensure the safety and financial security of vehicle owners, operators, and third parties.
For instance, if Third-Party Goods Carrying Vehicle Insurance were not legally mandatory, many vehicle owners might choose to forego coverage altogether. In the event of an accident, this could leave both parties involved entangled in disputes and burdened with significant, unplanned financial liabilities.
Therefore, while the primary purpose of motor insurance is to provide financial protection to affected parties during accidents or unforeseen incidents, there are multiple critical reasons why such insurance is made mandatory in Nepal.
Select from Third-Party, Comprehensive, or Own-Damage coverage options tailored to your driving needs and risk profile.
Goods Carrying Vehicle policies in Nepal are designed to provide complete financial and legal protection to vehicle owners. The main features include:
Together, these features elevate Goods Carrying Vehicle Insurance beyond a mere legal requirement, positioning it as a vital financial safeguard for every vehicle owner.
| Parameter | Third Party Vehicle Insurance | Comprehensive Vehicle Insurance |
|---|---|---|
| Meaning | This is the basic insurance plan that covers your legal liability for bodily injury, death, or property damage caused to a third party while operating your goods-carrying vehicle. | This is a broader insurance plan that includes third-party liability coverage while also protecting your own goods-carrying vehicle against accidental damage, theft, fire, natural calamities, and other covered risks. |
Insurance helps reduce unexpected financial strain and keeps renewal and claims journeys clearer when losses occur.
Provides coverage against accidental damage, theft, fire, natural disasters, and other covered risks, helping reduce unexpected repair or replacement expenses.
United Ajod combines legacy non-life experience with branch-led support so you can escalate questions confidently.
Discuss extensions, deductibles and sums insured with underwriters so protection fits your balance sheet or household.
Products are offered within Nepal’s non-life insurance framework - your policy documents spell out terms clearly.
Use downloads for forms, or reach out via contact channels for checklists and timelines.
We value every customer with a VIP-level experience, delivering prompt support, transparent guidance, and insurance coverage tailored to the real-world driving conditions of Nepal’s roads.
Leverage our extensive network of partner garages across Nepal for hassle-free repairs with minimal upfront costs. Where supported, convenient pickup and drop-off services further streamline the repair experience.
Our claims process is streamlined for speed and simplicity, with a significant number of claims settled promptly. A digital-first approach minimizes paperwork and ensures faster turnaround times.
Whether it is a weekday, weekend, or public holiday, our support team remains available 24/7 to assist you with queries, claims, or policy updates.
Set your vehicle’s Insured Declared Value (IDV) within approved limits so you can balance coverage and premium according to your needs.
With a strong branch network and accessible support channels, United Ajod helps customers receive insurance services and assistance whenever required.
Our customer support team assists with policy servicing, renewals, endorsements, and claim-related queries throughout the policy period.
Visit one of our nearest branch or contact our customer support team.
Select third-party or comprehensive cover and add optional add-ons that fit your needs.
Provide your personal details along with the proposal form details.
Complete payment and any required KYC verification as guided by our team.
You'll receive policy documents hard copy along with SMS confirmation. Policy Pdf file will also be sent to your email address.
You can easily avoid motor insurance claim rejections by just paying a little more attention to the following factors.
Many claims are rejected simply because the policyholder is unaware of what their insurance covers. Always read your policy document to understand the inclusions, exclusions, and conditions.
Providing false information or hiding facts like previous claims, accident details, or vehicle modifications can lead to claim denial. Always be transparent with your insurer from the start.
Ensure your driving licence, Registration Certificate (RC), and Vehicle Emission Test Certificate are valid and up to date. Missing or expired documents can delay or even reject your claim.
Claims can be rejected if the accident occurred due to violations like drunk driving, underage driving, or reckless behaviour. Safe and lawful driving helps protect your eligibility for a claim.
In the event of an accident or any other issues, always notify your insurer before seeking any repairs. Unauthorised repairs without insurer approval can result in claim rejection.
If you buy a second-hand vehicle, transfer the insurance policy to your name immediately. Claims may be denied if the policyholder's details don't match the registered owner.
You can access United Ajod through these options:
Download our mobile app from the App Store or Google Play.
Visit our website at https://uail.com.np for detailed information.
Goods Carrying Vehicle Insurance provides protection against third-party liabilities and can also cover accidental damage, theft, fire, natural calamities, and other insured risks depending on the selected coverage plan.
The maximum coverage depends on factors such as the vehicle value, selected plan type, sum insured, coverage options, and additional extensions chosen. Contact United Ajod or consult a branch advisor for coverage details suitable for your vehicle.
Own vehicle damage coverage is available under Comprehensive Goods Carrying Vehicle Insurance. Coverage applies to insured risks such as accidents, fire, theft, and natural calamities as mentioned in the policy terms.
Common exclusions may include driving without a valid license, unauthorized vehicle usage, intentional damage, normal wear and tear, mechanical breakdown, and other exclusions specified in the policy wording.