KUALA LUMPUR, April 1 (Bernama) — In line with its commitment to provide peace of mind and protect what matters to customers, AXA Affin General Insurance Berhad (AXA) has launched Guaranteed Asset Protection – Return to Insured Value (GAP-RTIV), the first-of-its-kind plan in the market that protects the full value of a vehicle during any unforeseen total loss incident.
Emmanuel Nivet, Chief Executive Officer of AXA shared that a newly purchased car is estimated to depreciate around 10-20% after just one year.¹ Any accident will inevitably impact vehicle owners financially and emotionally. Realising that there is such protection gap in the market, AXA has enhanced its product solutions to support its customers.