Insurance Products
GTM offers Protection for your most valuable Assets
Protect yourself and your family from unexpected occurrences that can happen while traveling overseas!!!
Our plan offers coverage for:
All female motor insurance policyholders of the Company who become members of the Club will be able to access the following services:
• Wheel change in the event of a flat tyre
• Security in the event of an accident or breakdown until help arrives
• Arrangement of towing services if required in the event of an accident or breakdown.
GTM has partnered with MMC Security Force Inc to provide the service which for now is available in three zones:
• East Bank Demerara up to Timehri
• East Coast Demerara up to Bachelor’s Adventure
• West Demerara up to Leonora
Eligibility:
Comprehensive Policy HoldersAll existing and new female policyholders who own and the drive the insured vehicle will become members of the Club at no cost to them provided certain conditions are met.
Third Party Policy Holders
Female policyholders who have Third Party motor insurance are eligible to become members of the Club however they must pay a fee of five thousand dollars per year.
Getting Started:
Prospective club members are required to submit passport-sized photographs of themselves so that their identification cards can be prepared by the Company. No Club member will be able to access the service without the identification card.
Service Conditions:
1. To qualify for membership the member must at all times during the period of membership own and drive the insured vehicle.2. The benefits offered shall apply only to Private Motor Comprehensive insurance for which there is no membership fee and Private Motor Third Party insurance for which an annual membership fee of $5,000: - is payable.
3. The vehicle must be used solely for social, domestic and pleasure purposes.
4. Members who qualify with Third Party insurance must pay the annual FRRC membership fees at the time the policy is effected or renewed. Where a member applies after the effective date of the policy membership is subject to the discretion of management.
5. Members shall be provided with an identification card bearing the details of the membership along with a photograph. When assistance is sought from MMC Security Force Inc. such assistance shall only be provided if the member can produce to MMC the identification card evidencing membership of the FRRC.
6. On rendering service MMC will request that the member complete a Provision of Services form, which will indicate the type of service performed by MMC.
7. The member shall inform GTM of the request for assistance within one week of the date from which the request was made
8. Assistance from MMC will not be rendered where any person other than the member driving the insured vehicle requires assistance.
9. Membership is not an automatic right and at all times is subject to the discretion of management who may make amend or vary membership rules at any time without notice to the members.
10. All members are entitled to four requests for assistance per annum after which time the Company shall restrict any further requests until the policy ends and the policy is renewed.
11. If the membership card is lost or stolen the member shall notify GTM Fire Insurance Company Limited immediately so that a new card may be issued.
12. Assistance will only be provided in the following geographical areas:
Zone 1 - East Bank up to Providence
East Coast up to Beterverwagting
Zone 2 - East Bank up to Timehri
East Coast up to Bachelors Adventure
West Demerara up to Leonora.
13. Assistance shall be limited to the geographical areas listed at rule twelve (12) only.
14. Where assistance is sought for the purpose of providing security such security shall be provided for the period not exceeding two (2) hours or until the emergency services and or towing services arrive whichever is earlier.
15. The member shall ensure that a spare tyre is available where the member requires the change of tyre service. GTM/MMC shall not be responsible for the provision or availability of an appropriate/adequate spare tyre in the event the member suffers a flat tyre.
16. Where towing services are required those members with Comprehensive insurance shall pay the towing charges and submit a valid receipt as part of their claim under the Comprehensive cover if the claim arises out of a accident. GTM shall not be liable for towing charges where the damage is caused by a breakdown For those with Third Party insurance the member shall pay the towing charges without reference to GTM, as towing charges are not covered under Third Party insurance.
17. GTM reserves the right to terminate membership of any member where it deems necessary at any time without prior notice to the member. Where such termination occurs before the member has utilised the services of MMC the member shall be refunded the membership fee.
18. GTM shall not be liable for any loss/damage suffered in the event that MMC fails to respond to a call for assistance and or there is a delay in response.
19. GTM shall bear no liability for any loss or damage howsoever caused by any third parties and or independent contractors save for those arising out of the negligence of GTM or its employees.
A special cover for Building and Engineering Contractors to provide All Risk Coverage in respect of construction works e.g. buildings, bridges, and roads. It includes contract material, equipment and machinery, liability to Third Parties for accidental Bodily Injury or Damage to Property.
Employers can effect a single policy to cover their employees against personal accident resulting in bodily injury, which may lead to death or disablement. It can be extended to cover Medical expenses and weekly Indemnity arising out of an accident
Coverage for goods in transit and the vessels that transport them and generally applies to ocean marine insurance. Covers damage or destruction to ship and/or cargo and includes perils such as fire, sinking, capsizing, collision, jettisoning cargo.
This plan covers machinery, equipment, computers etc against direct physical loss or damage caused by Fire, Perils, Burglary, Theft, Forces of Nature etc.
