Chang (standing) at the launch of AIA Family Drive, the company’s first flagship product.
KUALA LUMPUR: AIA General Berhad has announced today launched its first flagship product – Family Drive, a car insurance that provides all-round, on-the-road protection as well as convenience and savings for Malaysian drivers and their families through several industry-first benefits.It is the first car insurance in Malaysia to offer a family discount if two or more cars in the family are insured under the same household.
Family Drive is a comprehensive car insurance that provides the usual protection for both third party and own loss and damages, but unlike any other plan in the market, it also comes with a some unique features:
> Personal Accident Protection which ensures that anyone travelling in the insured car is automatically covered with up to RM250,000 personal accident coverage.
> Protection against legal liability to third party’s injury, death and property loss of damage for everyone travelling in the car.
> Automatic coverage for all authorised drivers without additional cost.
> Customers will receive an Inconvenience Allowance of RM600 per accident if their car is being repaired in the workshop.
> Round-the-clock AIA Roadside Assist services such as battery and tyre replacement, vehicle towing. Customers can request for assistance with their police report and will be provided with e-hailing vouchers to help them and their family get home safely after the accident.
> A family discount of 5% if customers insure two or more cars with Family Drive.
> Excess waiver is granted if customers repair their car at an AIA panel workshop, with the total repair cost borne by AIA.
“We saw the growing trend of expanding families who were worried about their family’s safety and the inconveniences caused by car accidents," said AIA General Bhd CEO Eric Chang at the product launch on Monday.
"We developed Family Drive as a way to meet the protection needs of our customers on the road – ultimately providing them with a worry-free driving experience for the entire family.”
Family Drive also comes with optional add-on benefits.
With the Agreed Value feature, customers can protect themselves against the depreciation value of their car by setting an agreed coverage amount when buying the policy.
The Waiver of Betterment Cost feature ensures that customers are covered for the full cost of new original parts for their car with no extra procedure or paperwork upon claims.
Additionally, customers can opt for the Natural Disaster (Special Perils) feature that protects their cars against loss or damage caused by flood, storm, landslide or other acts of nature.
“Family Drive is the first of many innovative insurance plans and policies that will be rolled out by AIA General Bhd," said Chang.
