Honda Malaysia introduces new programmes – car loan protection in case of job loss, vaccination bonus

Honda Malaysia introduces new programmes – car loan protection in case of job loss, vaccination bonus

Honda Malaysia (HM) has introduced enhanced coverage for its Customer Car Loan Protection Program and the new Vaccinated Customer Program. Both will benefit new Honda customers, but in different ways.

The Customer Car Loan Protection Program is offered to all customers who register a new Honda car from October 1 to December 31 this year. They will be entitled to car loan protection for one year.

Here’s how it works. In the unfortunate event that the customer loses his/her job in the first year of ownership, RM12,000 of car loan subsidy will be disbursed to support the customer for his/her monthly car instalment. This is a 100% increase compared to the previous insurance coverage.

Other benefits in the programme include death or permanent disability coverage worth RM20,000 (also up by 100%), burial or cremation coverage worth of RM2,000 and repatriation expenses worth of RM5,000. With a total coverage worth up to RM39,000, this programme provides assurance and peace of mind to customers during the current difficult situation and economic uncertainties, HM says.

Honda Malaysia introduces new programmes – car loan protection in case of job loss, vaccination bonus

“We aim to help our customers by providing them with some financial support to ease their monthly instalments should the customer be unexpectedly out of employment. This enhanced personal accident insurance initiative is to protect the car loan of new Honda customers so that they can continue to enjoy their new car with peace of mind and without disruptions,” said HM’s MD and CEO Madoka Chujo.

The Vaccinated Customer Program is basically a bonus service voucher worth RM250 with a one-year validity. As its name suggests, the benefit is for those who have signed up for vaccination, or have received one/full dose of the Covid-19 vaccine. Show your MySejahtera status as proof and registered your new Honda in October 2021 to qualify. This is on top of the brand’s monthly promo.

“This programme is an initiative by Honda Malaysia to support the Malaysian government’s vaccination programme and to encourage people to get vaccinated in an effort to achieve herd immunity,” Chujo added.

Last month, HM launched the “I’m Vaccinated” campaign to provide customers and dealership staff with added confidence and safety assurance at Honda showrooms nationwide. The company says that only fully vaccinated staff will be on duty at dealerships, and they will wear a specially-designed “I Am Fully Vaccinated” badge and mask. Honda is targeting 100% vaccination of its dealer associates by this month.

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Danny Tan

Danny Tan loves driving as much as he loves a certain herbal meat soup, and sweet engine music as much as drum beats. He has been in the auto industry since 2006, previously filling the pages of two motoring magazines before joining this website. Enjoys detailing the experience more than the technical details.

 

Comments

  • Buy Honda if the company you are working in is not stable.

    Like or Dislike: Thumb up 12 Thumb down 1
    • Ajibkor on Oct 04, 2021 at 6:45 pm

      What happens if the dude connive to get a retrenchment letter,and get the $12000 benefit,and later work for the same company again? This is for people who intend to make a fast buck while not actually retrenched for good.

      Like or Dislike: Thumb up 5 Thumb down 0
  • Brian on Oct 04, 2021 at 7:04 pm

    Isnt that a bit too late since owners that need help would have a need during FMCO and not after when everyone can get back to work?

    Like or Dislike: Thumb up 4 Thumb down 0
  • Hyin21 on Oct 04, 2021 at 8:11 pm

    Bravo honda. Many my friends working in putrajaya satisfied with their honda. Anda tunggu apa lagi^^

    Like or Dislike: Thumb up 2 Thumb down 8
  • credit limit on Oct 05, 2021 at 7:24 am

    They must have had quite a number of potential buyers who in the end backed out due to sudden financial constraints.

    Like or Dislike: Thumb up 2 Thumb down 0
 

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