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Insurance Form

Effective from - Jan 30 2025
To view other versions open the versions tab on the right

 

Insurance Form

(to be filled by the Lessor and the Lessee at the beginning of the Finance agreement)

Lessor and Lessee Information
 (Lessor)(Lessee)

National ID number for

Saudi nationals

Commercial

Registration No.

  

Name of Lessee and

Lessor

  
Phone number  
   

 

  National Address
Vehicle Details
 Chassis No. Registration Plate No.
 Vehicle Registration Expiry Date 

 

 

Vehicle Color

 Customs Card No. Type of Chassis
 Year of Manufacture Vehicle Make
 

 

Names of

Authorized Drivers

 

 

 

Vehicle Model

 

 

Annual Depreciation Percentage of Motor Vehicle

 

 

 

Actual Value of Motor

Vehicle

The approximate value of the Motor Vehicle for the next years from the Motor Vehicles Financially Leased Contract.
 First Year: (actual value of Motor Vehicle selling price)
  

 

 Second Year: (Motor Vehicle value based on depreciation percentage)
 Third Year: (Motor Vehicle value based on depreciation percentage)
 Forth Year: (Motor Vehicle value based on depreciation percentage)
 Fifth Year: (Motor Vehicle value based on depreciation percentage)
 Deductible
 Additional Benefits
 Repair Method (dealerships or certified auto repair shops)