Returned to invoice

BMW RETURN TO INVOICE INSURANCE.

THE SHORTFALL PROTECTION.

When you genuinely love and care for your BMW, you want to protect it in the best way possible. BMW Return To Invoice Insurance protects your finances should your vehicle be written off due to accident, theft or fire.

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BMW RETURN TO INVOICE INSURANCE.THE SHORTFALL PROTECTION.
Insurance

BENEFITS.

BMW Financial Services - COVERAGE

COVERAGE

The financial shortfall between the original purchase price and the amount received from the Comprehensive Motor Insurance Policy for Total Loss.
BMW Financial Services - PERIOD OF COVER

PERIOD OF COVER

3 years.
BMW Financial Services - SUM INSURED

SUM INSURED

Up to RM1,000,000.
BMW Financial Services - TYPE OF VEHICLE

TYPE OF VEHICLE

New BMW vehicle with Comprehensive Motor Insurance Policy.
BMW Financial Services - CLAIM

CLAIM

Only one(1) claim can be made during the policy tenure. Premium will be refunded in the case of 1st Year Claim.
BMW Financial Services - PROTECTION

PROTECTION

Covers total loss to the vehicle due to accidental damage, theft or fire during policy tenure.

HOW IT WORKS.

BMW Return To Invoice Insurance bridges the gap between the original purchase price and the amount you receive from the claim on your Comprehensive Motor Insurance Policy for Total Loss of your Vehicle. 

 

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GET A QUOTE OR MAKE A CLAIM.

GET A QUOTE OR MAKE A CLAIM

Contact your BMW Authorised Dealership to get a quote or to make a claim. BMW Financial Services is here to assist you.

 

For full terms and conditions of BMW Return To Invoice Insurance, please download the policy wording handbook.

FINANCING.

INSURANCE.

  • Who is entitled to purchase Return To Invoice Insurance?
  • Can a cash purchaser be insured with Return To Invoice Insurance?
  • Is Return To Invoice Insurance policy transferable?
  • Is Return To Invoice Insurance policy renewable?
  • Is Special Perils covered by Return To Invoice Insurance policy?
  • Must the vehicle owner purchase the Return To Invoice Insurance policy upon inception of Comprehensive Motor Insurance?

TERMS & CONDITIONS:

1. The Policyholder is the registered owner and is required to have Hire Purchase Loan for the purchase of the Insured Vehicle.
2. The Insured Vehicle must be sold by a BMW Authorised Dealership registered in Malaysia.
3. BMW Return To Invoice Insurance must be purchased within 90 days upon the purchase of the vehicle.
4. BMW Return To Invoice Insurance policy tenure is for a period of 3 years and is non-transferable to any other person or operate for any other vehicle.
5. In the event of Total Loss, BMW Return To Invoice Insurance will pay for the financial shortfall between the Original Purchase Price of the Vehicle and the higher of:
a. The claims settlement amount received by the Policyholder from the Comprehensive Motor Insurance Policy; or
b. The Market Value of the vehicle.
6. Notwithstanding the above, in the event the Vehicle is classified as a Total Loss within the first twelve (12) months of the Period of Insurance of this BMW Return To Invoice Insurance Policy, only the total premium paid under the Policy shall be refunded to the Policyholder and the Policy shall be deemed terminated.
7. Maximum claim payout shall not exceed the BMW Return To Invoice Insurance sum insured.
8. The description of the available cover is only a brief summary for quick and easy reference. The precise terms, benefits, conditions and exclusions that apply are stated in the Policy. 

 

Terms and conditions apply. BMW Return To Invoice Insurance is underwritten by Allianz General Insurance Company (Malaysia) Berhad. 200601015674 (735426-V).

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