Motor insurance revolutionised with HNBGI ‘03 in 01’

In response to the dynamic changes within the motor insurance landscape, HNB General Insurance (HNBGI) introduced the all-new 03 in 01 feature of its MotorGuard policy. 
HNBGI’s flagship product MotorGuard has been enhanced to offer customers three insurance covers under a single motor premium. This means that in addition to comprehensive vehicle insurance, HNBGI MotorGuard policyholders will now enjoy the benefits of a home insurance coverage in case of fire and a personal accident cover. The 03 in 01 concept signifies that a single motor premium now provides a total of three valuable insurance covers. 

Speaking at the launch of the new 03 in 01 feature, HNBGI CEO Sithumina Jayasundara stated, “In an ever-changing world, our commitment remains steadfast, to redefine insurance as a comprehensive solution that caters to our policyholder’s every need. The new 03 in 01 feature incorporated into our main motor product, MotorGuard, embodies and amplifies this commitment, reshaping insurance protection into an all-encompassing shield that not only safeguards the vehicle but embraces every other important aspect of our policyholders’ lives. I’m extremely proud of this innovative approach we have taken, be it our products, our claim management process or our customer touch points, at every step of the way, we, at HNBGI, have strived to craft an experience that far surpasses conventional expectations.”

“The new 03 in 01 offering through our MotorGuard policy signifies more than just an enhancement,” stated HNBGI Chief Technical Officer Lasantha De Alwis.

“This is a transformative leap that stems from our deep understanding of our policyholders’ evolving needs. To offer our customers an additional home insurance coverage in the event of a fire and a personal accident cover along with their motor insurance policy, I believe will truly make waves in the market. Additionally, we also offer a host of other benefits, which have been an inherent feature of our MotorGuard product. These include provisions for covering lease payments for extended vehicle repairs, a substantial cash grant for the education of the policyholder’s children in the unfortunate event of their demise due to an accident and a unique No Claim Bonus Match for the second vehicle, taxi allowances for alternate transportation needs and an emergency expense cover for situations where the vehicle becomes immovable 
post-accident.”