Bangkok--18 Aug--Ayudhya Insurance
The Ayudhya Insurance PCL introduces a new auto insurance range called AYUD AUTO 3 PLUS and three different types of coverage, giving protection for all on-land collision with a maximum coverage of Bht.10 m.
Khun Sakrapee Sungkhapun, Branch & Agency Operation Department Manager says, “Normally, compulsory auto insurance covers only third party liability but there is no coverage for collision. AYUD sees this gap in the market as an opportunity to develop a better product, hence AYUD AUTO 3 PLUS which helps to reduce risks for insured drivers to feel more protected as AYUD’s coverage does not consider who is at fault. Additionally, in case of collision that requires repair; repair will be done for both the insured and the car involved in the collision. The coverage is inclusive of providing personal accident protection, medical expenses, and bail bond. As for third party liability, the coverage is at Bht.10 m. maximum, with protection for third party assets at Bht.2 m”.
This policy is especially developed for agents and brokers to sell, with a choice of three different products to choose from, depending on car classification. For a coverage of Bht.100,000.-, the net price including taxes is only Bht.6,500.25. There is also a bonus discount for renewal of auto insurance with no-claim record.
About Ayudhya Insurance Public Company Limited
Established since 1950, Ayudhya Insurance Public Company Limited (AYUD) is a leading non-life insurance company in Thailand. It offers a wide range of non-life insurance products i.e. fire, marine, motor and miscellaneous insurance. The company has 18 branches, serving Thailand with 350 employees. In October 2009, AYUD made history with a double-win for the First Prize, Prime Minister Award for Best Management in 2007 and 2008. It also received a prestigious award from the Netherlands Thai Chamber of Commerce for The Most Innovative Product in 2009.
For more information, please contact:
AYUD Public Relations Department: 02 263 0335 ext.1112, 1123