Peugeot Protect-a one of a kind insurance
KUALA LUMPUR: A new protection plan has been introduced for Peugeot owners by Peugeot Malaysia. In the case of vehicle's total loss due to an accident, flood, fire or natural disaster, the original purchase price of the car is never covered in the motor insurance policy.
Peugeot Protect has been designed to mend this, providing complete peace of mind by filling the gap between the purchase price of Peugeot and its decreased value insured by motor insurance policy.
Therefore, in an event in which some unexpected thing happens and customer's car becomes a total loss, the customer will not have a burden to pay for the uninsured outstanding value of car.
The plan is an AXA Affin product, which covers total loss ,theft, fire, flood and natural disasters and sits at the top of usual motor insurance.
In order to get the benefit from this program, the owner will have to claim the motor insurance first and once, the owner gets through this, Peugeot Protect will cover up the original invoice value of new car. The amount, which has to be claimed will match the original cost of vehicle, instead of new car selling price.
Peugeot Protect Plan is valid only with motor insurance having a plan for four years, and the claimed amount should be utilized to purchase a new Peugeot model. During this period, coverage validity is of five years along with a single upfront payment. This plan will be provided free on the purchase of all new 508 facelift range, 3008 and 5008 facelift model valid from now till 31 July. The purchasing price for other Peugeot vehicles includes an one-time upfront payment ranging from RM1k+ to under RM3,000, which depends on the model.
Image Courtesy: Paultan.org
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