QBE Partners with Malayan Insurance to Enhance Auto Loan Protection
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 28 2026
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Source: Yahoo Finance
- Partnership Formation: QBE Automotive Protection collaborates with Malayan Insurance and Paramount Life to provide extended warranty services for Rizal Commercial Banking Corporation's auto loan customers, marking a significant industry standard enhancement.
- Extended Warranty Coverage: This solution extends vehicle protection up to five years or 150,000 km, offering two additional years of coverage beyond the typical three-year warranty, thereby boosting customer confidence.
- Critical Component Coverage: The extended warranty focuses on safeguarding vital internal components like engines and transmissions, bridging the gap left by traditional insurance regarding mechanical and electrical failures.
- Loan Term Protection: RCBC becomes the first bank in the Philippines to offer an automotive protection product that can be amortized throughout the loan term, enhancing the customer car ownership experience and ensuring high-quality repair services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
