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Union Motor Reload from Union Assurance



CEO, Union Assurance
Marina Tharmaratnam

Motor insurance is a heavy burden on most vehicle owners, as insurance has to be purchased for the full year, and the annual premium has to be paid as a lump sum. With their latest product, Union Assurance has taken this burden away. Union Motor Reload allows vehicle owners the option of purchasing their motor insurance for 1 month, 3 months or 6 months from any Keells Super outlet.

Union Assurance and Keells Super have combined to make purchasing motor insurance as simple as shopping for your grocery items. Union Motor Reload is a monthly insurance cover to suit the income pattern of salaried and self employed individuals" said CEO, Union Assurance, Marina Tharmaratnam. We came up with the name Reload, because after purchasing the initial policy, customers can reload (renew) their policy for a given period as easily as obtaining a reload for a mobile phone, said Deputy CEO. Dirk Pereira.

In addition to the flexible coverage period which is easy on the wallet, the product retains the features of a standard insurance policy currently sold in the market. For example, in the event of an accident, the claim will be paid similar to a standard motor policy.

Another feature is that the premium will be fixed on an annual basis. Hence if a customer obtains a 1 month, 3 month or 6 month insurance cover, the premium will not change during the balance period up to 12 months. In addition, customers will also be entitled to earn UA's accelerated no claim bonuses after 12 months are completed.

If you are a first time Union Motor Reload customer, all you have to do is drive into any Keells Super outlet and submit your national identity card, vehicle identification certificate or vehicle registration book, together with the renewal notice of the previous insurance if applicable, and obtain a Union Motor Reload policy for a period of your choice, said , Senior Manager Union Assurance Kennedy Michael. Thereafter, to renew the policy, simply provide your vehicle number to the any Keells Super staff member, and they will take care of the rest.

We are very pleased to be working with Union Assurance on such an innovative product. We are very confident that this will be a win-win situation for both Union and Keells Super customers, said CEO Keells Super Charitha Subasinghe.

 

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