NAIROBI, Kenya, Mar 16 – Kenya Orient Insurance Limited, a leading general insurance company in Kenya, has launched an insurance cover that prolongs a car’s lifetime by covering car parts beyond the expiry of the manufacturer’s warranty.
Dubbed the ‘Orient Xtense’, the cover is an extended motor warranty that protects your car against mechanical breakdown and electrical failure.
In Kenya it is estimated that a normal garage services between 7-20 cars daily on electrical breakdown and 5-10 cars on mechanical breakdown in Nairobi only.
The minimum amount someone is likely to spend on a minor electrical breakdown such engine wearing, sensors and computers averages between Sh13,000 – Sh50,000 while a mechanical breakdown such as engine overhaul, suspension, braking systems can cost between Sh13,000 – Sh1,000,000.
The is a first of its kind in the East African insurance market, this cover will curb against high repair cost incurred by car owners and what’s even better, you do not need to switch from your current insurer.
For one to qualify for the cover, the car should be less than 12 years, has travelled less than 200,000 kilometres, is used for personal use; and requires a comprehensive inspection by an authorized service provider.
“Ordinarily, motor vehicle covers would protect your car for damages during an accident, fire or in instances of theft. However, with this cover, we have re-written the rules. If your engine knocks, ‘Orient Xtense’ has you covered,” explained Kenya Orient Insurance MD, Muema Muindi at the launch.
He added, “This is another great innovation that will give car owners a peace of mind with a guarantee of minimized future repair costs and significant savings. It is another first from Kenya Orient”.
“A vehicle is a very big investment, the longer it stays in great working condition the more value you get from your investment,” he adds
‘Orient X-tense’ has three plans; Platinum, Gold, Silver that covers components such as engine or gearbox failure. It also includes drive shafts, and turbo assembly, among others.
Kenya Orient is renowned for developing innovative insurance products such as OrientMobile, Excess Free Motor Pack, Orient Home, among others.