MAPFRE Middlesea is pleased to announce the availability of another benefit that is being added to its Private Motor Insurance Product. This new benefit is available as standard to those customers that purchase Third Party Fire & Theft or Third Party Only coverage. With effect from 1 August 2015, the MAPFRE Middlesea Private Motor Insurance Policy is being enhanced with Wise Protect. With this benefit, should an insured car be declared a total loss, MAPFRE Middlesea will compensate the client with the sum of €500 to financially assist in the purchase of another vehicle which is then insured with MAPFRE Middlesea.
Full details about this benefit are outlined in Section 7 of the MAPFRE Middlesea Motor Insurance Policy.
Keith Mallia-Milanes, Assistant General Manager at MAPFRE Middlesea said that “MAPFRE Middlesea aims to provide more than just insurance by continuously launching innovative insurance products. Wise Protect will contribute to the cost of purchasing another car following a total loss that is not protected by a comprehensive insurance policy.”
MAPFRE Middlesea p.l.c. (C-5553) is authorised by the Malta Financial Services Authority to carry on both Long Term and General Business under the Insurance Business Act, 1998. COM 09072015 939.