Honda Insurance Package
16
Protection & Privileges Throughout The Journey. Exclusive For Your Honda. Honda Insurance Package
Transcript of Honda Insurance Package
Protection & Privileges Throughout The Journey.Exclusive For Your Honda.
Honda Insurance Package
When you own a Honda, it’s just not about owning another car. It brings exclusivity with the car. With Honda, you are entitled to a comprehensive car insurance coverage that not only looks after your wellbeing but also your loved ones who take the journey with you. It gives you the comforts of knowing that each time you are behind the wheel, you and your loved ones are protected by a Honda Insurance Package (HIP).
HIP presents a myriad of privileges to you to ease your financial worry in the event of any calamity affecting you, your loved ones and of course, the Honda.
So get in touch with us! Contact your nearest Honda Authorised Dealer or call the 24-hour toll free number below for enquiries or assistance.
Why HIP is the ideal fit for you
1
100% Sum Reimbursement for first 10 years in the event of theft or total loss
No policy excessfor named driver except for compulsory access
FREE two named drivers. RM10 to add each additional driver
No betterment cost (replacement with new, original parts) for vehicles up to 10 years old
24-hour HIP Call Centre
1-800-18-1177
100% Genuine Parts that come with 6 months warranty or 10,000km service warranty
Speedy
Claim Approval for claims under RM20,000
Agreed Value up to
10 Years Coverage
2
HIP Emergency Assistance
In the event of an emergency, contact our 24-hour HIP Call Centre at 1-800-18-1177 and we will help you the best way we can.
24-Hour Emergency Towing Assistance During emergencies, your car can be towed to the nearest Honda Panel Insurers Workshop. HIP will assist to tow the vehicle up to 450km (round trip by the tow truck).
Roadside Repair Services } Jumpstart/battery replacement} Tyre-changing} Fuel refillServices come with free labour charges up to RM200.00 per event, exclusive of spare parts.
Honda Panel Insurers’ Workshops*
These workshops have been inspected by Honda Malaysia and are required to comply with Honda Standards.
* Members have the right to appoint any PIAM authorised workshop of their choice if they wish, however HIP cannot guarantee 100% genuine parts
3
HIP Extra-Smiles In the event of medical emergency at a breakdown or accident, the following services are available for HIP members.
Medical Assistance
Medical referral and arrangement of medical appointments
Dispatch of medications which are not available locally
Medical evacuation/repatriation
Lifestyle Privilege
Legal assistance
Alternative travel assistance
Translator service assistance
Location of lost items
Home assist services
Return of children travelling with member
Visa, passport and inoculation requirements
Arrangement of flights
Comparison of HIP and Other Insurers
Honda Insurance Package
Other Insurers
No Excess Clause up to 10 Years Insurance policy covers 100% of the cost of any accident repair to your Honda car
}100% Sum Insured up to 10 years
}1st Year: Sum Insured based on Purchase Price
}2nd Year to 10th Year: Sum Insured based on recommended ISM Valuation Price
May impose Excess or even decline based on age of vehicle, vehicle model, age of insured and/or claims history
Unconditional based on Market Value
No betterment charges for old car repairs up to 10 years
Betterment charges for old car repairs:}1st to 4th Year: 0%}5th Year: 15%}6th Year: 20%}7th Year: 25%}8th Year: 30%}9th Year: 35%}10th Year and above: 40%
NEW
4
Betterment
Agreed Value
Underwriting Terms
Honda Insurance Package
Other Insurers
Free Towing Service up to 450KM (round trip)
}Speedy claim approval for value under RM20,000 for the vehicle repaired at Honda Authorised Body & Paint Centre
}Dealer can provide assistance and support in following up with insurance company and advise on claims procedure
Free Towing Service may not be available
Standard claim procedures apply which may take up to weeks or more
Other services offered by Honda Dealer:
}NCD withdrawal
}Policy cancellation to transfer NCD
}Issue cover note for change of Engine/Chassis/Vehicle Number
}Assist in issuing cover note for the extension of period of cover
}One Stop Centre
}Road tax renewal
}Advice on the insurance Rules & Regulations
Insured need to perform insurance related tasks:
}Personally present at the insurance company
}NCD withdrawal
}Cancellation of policy to transfer NCD
}Issue cover note for change of Engine/ Chassis/Vehicle Number
}Valuation of insured car
}Understand the insurance Rules & Regulations
NEW
NEW
5
Other Services
Claim Approval
Road Assistance
What We Do Not Cover The comprehensive policy doesn’t cover the list below, however you can insure this risk (chargeable) upon request and availability by our trusted panels.
6
Special Perils (Damage by Acts of God) Example: Flood, landslides, thunderstorms, and other natural disasters
Liability against claim from your passengers
Windscreen cover (with separate sum insured, and subject to additional premium)
Eligibilty}For private vehicles only
under comprehensive motor coverage
}Minimum entry age for Insured policyholder is 18 years old up to maximum 75 years old
}Coverage of the number of passengers is based on seating capacity of the vehicle
}Territorial limits are within Malaysia only
7
3 simple steps to become
a HIP Member
1Visit/Call any Honda Authorised Dealership for more information about New Motor Insurance/Renewal*
2Enquire for Quotations and Additional coverage if required
3Get covered with HIP
*Only with HIP Insurance panels
8
What to Do When Involved In A Car AccidentIf you are involved in a motor accident, don’t panic and follow these steps:
1 Try parking your car in a safe and visible spot
2 Turn on your hazard lights
3 Check to see if anyone is hurt
4 Call HIP and the police
5 Be wary of suspicious individuals. Go to the nearest police station
6 Take photos of the damage
9 Lodge a police report within 24 hours
7 Jot down personal details of those involved
8 Wait for assistance
24-hour HIP Call Centre } 1-800-18-1177
9
Claim Process
1 Prepare documents for claim process:
} Insurance cover note
} Police report} Registration card} Driving license} Identification card
2 B&P Centre/HIP Workshop will estimate cost of repair and submit to insurance company
3 Approval from insurance company
4 Repair works begin
5 Sign insurance discharge voucher
10
Important Information about HIP Car PA
}Applicable only to privately-registered vehicles which are insured under comprehensive motor cover with Honda Insurance Package Panel of Insurers
}Insured maximum age limit is up to 75 years old
}Coverage of the number of passengers is based on seating capacity of the vehicle
Reimbursements
IncidentHIP Car PA Package
Plan 1 (RM) Plan 2 (RM)
Death 50,000 75,000
Loss of both hands or feet
50,000 75,000
Loss of one eye and one hand/one foot
50,000 75,000
Total paralysis 50,000 75,000
Loss of sight of both eyes
50,000 75,000
Loss of one hand/foot
25,000 37,500
Loss of sight of one eye
25,000 37,500
Loss of 4 fingers and thumb of one hand
25,000 37,500
Loss of hearing of both ears
25,000 37,500
Loss of speech 25,000 37,500
Loss of all toes 7,500 11,250
The aggregate of all benefits payable in respect of any one accident shall not exceed RM50,000 (Plan 1) or RM75,000 (Plan 2) for any one person.
HIP Car Personal Assurance (PA) Protects drivers and passengers
Death or permanent disability while driving, riding, and boarding or alighting from the vehicle
Medical reimbursement
for up to RM1,800 per person
Car rental reimbursement from a licensed car rental company and car allowance
What HIP Car PA covers:
11
Hotel accommodation reimbursementIf the vehicle is immobilised after the accident
Annual Premium inclusive of GST at 6%
Seating capacity(including driver)
Plan 1 (RM) Plan 2 (RM)
5-Seater 159 238.50
7-Seater 201.40 291.50
With optional extension from 10 days to 20 days
26.50 31.80
Stamp Duty 10 10
Special reimbursements
Plan 1 (RM) Plan 2 (RM)
Medical reimbursement (per person)
1,250 1,800
Car Rental* 75 per day upto 10 days
100 per day up to 10 days
Car Allowance* 20 per day up to 10 days
30 per day up to 10 days
Hotel Accommodation
75 per day upto 1 day
100 per day up to 1 day
Loss of contents 500 750
* You have a choice of receiving reimbursement for either Car Rental or Car Allowance, but not both.
Reimbursement of loss of contents in the vehicle
}Territorial limit is within Malaysia only
}Compensation will be made in addition to other policies
}Compensation will be made whether the driver is negligent or not
}Cash before cover is applicable to this cover
12
1. Applicable only to privately registered vehicles which are insured under comprehensive motor coverage.
2. In order to enjoy No Betterment and speedy claim approval, vehicles must be repaired at Honda Authorised B&P Dealers or Honda Panel Insurers’ Workshops.
3. HIP policy excludes the following: own death or bodily injury, liability against claim from your passengers; theft of non-factory fitted vehicle accessories unless otherwise declared; consequential losses, depreciation, wear & tear, mechanical or technical breakdown failures; loss/damage arising from an act of nature. Kindly refer to policy documents for more info.
4. When your vehicle is driven by unnamed driver or a person who is under the age of 21 or a holder of a Provisional/Probation Driving License, the compulsory excess of RM400.00 is applicable in the event of claim.
5. For cancellation of policy, a minimum premium of RM50 is applicable, excluding stamp duty.
6. Entitled NCD (if any) will be forfeited from your policy once Own Damage or 3rd Party claim is made on your policy.
7. Your motor insurance will only take effect once premium due has been paid (Cash before cover)
8. Determining the right Sum Insured is important to avoid under insurance and issues, in the event of claim. Our dealers will be able to advise you on the recommended Sum Insured.
9. NCD is transferable from one vehicle to another provided the vehicles are registered under the same name.
10. The benefits and services stated are subject to eligibility and acceptance by Honda’s panel of licensed insurers. It will automatically cease if the insurance policy lapses for any reason whatsoever. The benefits and services will also be terminated if you are found by the HIP Call Centre (in its sole discretion) to be abusing its services.
11. Honda Malaysia Sdn Bhd reserves the right to terminate, cancel, cease, suspend, delete or amend any and/or all of the stated benefits and services related to the Honda Insurance Package without prior notice to its members.
12. General Exclusions include War and related risks, Government Regulations or Acts of Authorities, Suicide, self-inflicted injury or illness, Pregnancy, childbirth, physical or mental defect or infirmity, AIDS, AIDS related complex or sexually-transmitted diseases, Influence of alcohol unless alcohol was not a factor contributing to the happening of the injury, vehicle used for racing, speed-testing, hire, road-rallying or any other illegal business pursuit, accidents outside the Territorial Limits, driver who do not hold a valid driver’s license, Acts of Terrorism.
13. The descriptions of cover are a brief summary for quick and easy reference. The precise terms and conditions that apply are in the Policy Document.
14. The Honda Insurance Package is arranged/underwritten by Honda’s panel of licensed insurers comprising MSIG Insurance (Malaysia) Bhd, Tokio Marine Insurance (Malaysia) Bhd, Berjaya Sompo Insurance Berhad, Liberty Insurance Berhad, AIG Malaysia Insurance Berhad, Allianz General Insurance Company (Malaysia) Bhd, Etiqa Takaful Berhad and Zurich Takaful Malaysia Berhad.
Terms & Conditions
Contact your nearest Authorised Dealer or call 24-hour HIP Call Centre 1800-18-1177 for assistance
Conventional }
Takaful }(62605-U)
HIP Insurance Partners
Authorised Dealer:
