Motorcycle Insurance
Motorcycle - Credit Shortfall Insurance
In the event of a theft or total loss of your motorcycle, our Credit Shortfall Insurance pays the balance amount of the loan to the bank, after subtracting the sum insured or market value amount (whichever is greater) of your motorcycle. This product is renewable on a yearly basis if your motorcycle is still under hire-purchase and insured under our comprehensive policy.
Key Features
- Provides reimbursement for loss of deposit paid for your motorcycle subject to a maximum of 10% of the sum insured or RM2,500.
