Tan Chong Insurance Business Stream & AXA Affin General Insurance Berhad Jointly Launch RTI-GAP Insurance

RTI-GAP INSURANCE : The first motor franchise in Malaysia to introduce Return to Invoice (RTI)- Guaranteed Asset Protection (GAP) for all Nissan cars

Kuala Lumpur, 29th September 2015 – Tan Chong Insurance Business Stream (TCIBS), the insurance arm and business division of Tan Chong Motor Holdings Berhad, has collaborated with AXA Affin General Insurance (GI) Berhad to officially launch the latest and first of its kind in Malaysia an insurance , called RTI-GAP Insurance, for its large network base of Nissan car owners.

(From Left to Right): Mr. Tan Sek Kee (Chief Distribution Officer of AXA Affin General Insurance berhad), Mr. Nicholas Tan (Executive Director of Edaran Tan Chong Motor Sdn Bhd), Mr. Emmanuel Nivet (CEO of AXA Affin General Insurance Berhad), Yg Berbahagia Dato’ Tan Heng Chew (President of Tan Chong Motor Holdings Berhad), Madam Wang Shu Erh and Mr.Aven Yong (Senior General Manager, Financial Services of Tan Chong Motor Holdings Berhad).

The RTI-GAP Insurance redefines car protection plan by providing full indemnity coverage in the event of total loss by accident, theft, fire or natural disasters, on top of the motor insurance reimbursement. This comprehensive plan will cover and pay the difference between the claim paid out from the motor insurance policy and the original pre-determined vehicle invoice price, with maximum payable benefit of MYR 115,000.

“Our insurance background goes way back to 1950s. Today, we are proud to synergise with AXA Affin General Insurance, our insurance partner, also a worldwide brand, to bring about an innovative, value adding and highly sought after product made available for the first time to our consumers. We strongly believe it is right time that we offer this type of protection for a total peace of mind. RTI-GAP is definitely the insurance solutions which our Nissan customers would really appreciate and benefit from,” said Mr Aven Yong , Senior General Manager, Financial Services, Tan Chong Motor during the launch.

Mr. Emmanuel Nivet, CEO of AXA Affin General Insurance Berhad presenting the first RTI-GAP insurance policy to Mr. Nicholas Tan, Executive Director of Edaran Tan Chong Motor Sdn Bhd