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Deductibles


OMT Protection Deductible

As OMT Protection is provided to protect against accidents or negligence resulting in significant damages, every claim is subject to a deductible. The chart below outlines the amount of the deductible as per the amount of each claim.

Claim Amount ($) Deductible Amount ($)
0-500 100
500-1,000 200
1,000-1,500 300
1,500-2,000 400
2,000-3,000 500
3,000-4,000 600
4,000-5,000 700
5,000-7,500 800
7,500-10,000 1000
10,000-12,500 1,250
12,500-15,000 1,500
15,000-20,000 1,750
20,000-25,000 2,000
25,000 and up 2,500


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