AXA Affin General Insurance Berhad (AXA) has launched an enhanced product, ‘Business Advantage Plus (Enhanced)’ or BAPE, to provide small and medium-sized enterprises (SMEs) with continuous protection and financial support.
This business protection plan is the first-in-market that offers Inconvenience Allowance with two payout benefits on top of fire or insured perils damage claims to support prompt business recovery.
Chief executive officer Emmanuel Nivet said BAPE comes in four easy plans to choose from and also provides exclusive benefits for food and beverage, budget hotel and learning centres.
“Our all-in-one, cost effective business protection plan is customisable to one’s needs in the current business environment.
“Businesses at different stages are able to purchase the plan based on their needs and budget, and importantly withstand any untoward situation,” he said in the statement.
To provide added relief to SMEs, AXA has also introduced a special sanitisation benefit of up to RM2,000 in conjunction with the launch of BAPE, should any of the business’ employee be diagnosed with Covid-19.
In addition, SMEs who sign up for BAPE during the campaign period will be rewarded with a complimentary 1kg ABC dry powder fire extinguisher.