Avi Ben-Hutta
Editor at Coverager
Allianz AXA Affin Insurance Malaysia

Mercedes-Benz Malaysia launches insurance on top of insurance

The ‘modern automobile’ launched a new coverage called Return to Invoice (RTI) Insurance that covers the difference between the original car price and the amount paid by the auto insurance company in the event of a total loss. Allianz and AXA have something to do with this.

Bottom Line: seen this before. Allianz UK offers a similar perk – as part of its general insurance coverage – for cars less than a year old. “If you’re the first owner of your car and it’s less than a year old, and it’s damage for more than 50% of the value, or stolen and not recovered – we’ll replace the car for a new one of the same make and model.”Nice.

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