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MBI & Extended Warranty provides cover protecting customers against the costs associated with the repair or replacement of covered components of their vehicle due to an unforeseen mechanical or electrical failure.
Mechanical Breakdown Insurance (MBI) covers the repair or replacement costs of covered components of a vehicle following an unexpected mechanical or electrical breakdown. And Extended Warranty allows an OEM to extend their existing manufacturer warranty period using an insured product.
Between them they provide a variety of covers that protect customers against the costs associated with the repair or replacement of covered components of their vehicle which have experienced an unforeseen mechanical or electrical failure.
Provides a longer period of cover to your customers or extended warranty
Valuable additional revenue stream
Specialist underwriting and scheme management expertise of AXA’s centre of excellence for warranty
Customers receive a longer period of protection, differentiating your brand in the marketplace
Customers see your brand as one with an intention to protect its loyal customer base
Decreased vehicle ownership costs
Backing of an insurance company, knowing claims will be honoured in the event anything happens to the selling company