Al-Futtaim launches new insurance product
Dubai, April 16, 2012
Al-Futtaim has launched another automotive insurance product for new and pre-owned vehicles that will shield customers from unexpected expenses for a period of three full years.
Protect+, a package of four innovative benefits at a very attractive price, will be available at both sales and service points across all brands including Toyota, Lexus, Hino, Honda, Chrysler, Jeep, Dodge, Volvo and Automall, a statement from Al-Futtaim said.
It covers unexpected expenses for a period of 36 months occurring from burst tyres (replacement of up to five tyres), loss of car or home keys, road-side recovery, out-of-pocket expenses of up to Dh300 ($81.69) and annual ministerial vehicle test failure.
As part of this unique insurance package, customers also receive a temporary vehicle through Hertz to help them during the period of inconvenience, the statement said.
Len Hunt, president, automotive, Al-Futtaim, said: “Protect+ is an exclusive insurance product from our group company Orient that has never before been offered in this region. It gives straightforward benefits and clear terms, and is testament to Al-Futtaim’s continuing ambition to innovate in the market place.”
“For the first time ever, our customers will be able to avail of an insurance product at both sales and service points. We are extremely confident that Protect+ will provide protection against unexpected expenses faced by the customer. We look forward to helping our customers drive with confidence,” he said.
Orient, an Al-Futtaim Group company, is counted amongst the leaders in the UAE insurance market. Ranked ‘A’, the highest financial strength ratings awarded to an insurance company in the region by Standard & Poor’s ratings services, Orient also maintains its rating of ‘A Excellent’ by AM Best financial ratings services and was awarded “Insurer of the Year for in 2011”. – TradeArabia News Service