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HP Care
Hassle-free Motor Insurance and Road Tax assistance

OVERVIEW
An all-in-one package design to assist you with your Motor Insurance and Road Tax while allowing freedom and convenience.

Key Features


Key Features & Benefits

An option to finance future insurance renewals and financial protection upfront. The total payable premium and fees will be added to your approved Hire Purchase amount subject to your Total Debt Service Ratio (TDSR).

  • Competitive premium pricing and cost saving.
  • Free extended coverage including protection against flood, windscreen, No Claims Discount (NCD) protection and Excess Buy Back. Terms and conditions apply.
  • Spread your insurance premium over a period of up to 6 months at zero interest*. 
  • No deposit required for blue card collection. 
  • Option to also have your road tax renewed by us at a small fee. 
  • Delivery of your motor insurance and road tax documents right to your doorstep at a small fee.
  • Option to take up a Mortgage Reducing term Assurance/Mortgage Takaful Plan, a protection insurance designed to designed to cover your remaining Hire Purchase repayments in the event of death or Total Permanent Disability.

* An upfront deposit equivalent to 40% of the premium amount is payable.

Click here to subscribe.

  • Eligibility Criteria
  • Required Documents
  • Fees & Charges
  • Terms & Conditions
  • FAQs
  • Eligibility Criteria

    Eligibility Criteria
    Individual or corporate customers with newly approved or existing Hire Purchase.
  • Required Documents

    Required Documents

    • Latest Insurance Cover Note
    • Vehicle Registration Card / Book

  • Fees & Charges

    Fees & Charges
    • BND 30 Administration Fee for Insurance Instalment Plan.
    • BND 30 Administration Fee for Automated Insurance Renewal Option.
    • BND 10 Service Fee for Motor Road Tax Renewal Assistance inclusive of delivery.
    • BND 100 Penalty Fee per year for Loan Bundle Package Cancellation.
  • Terms & Conditions

    Terms & Conditions

    1. Your total motor insurance premium is calculated based on the standard yearly Non-claim Discount (NCD). If you make a claim on your policy where the insurer pays out at any time during the subscription period, you will generally lose some, or all, of your NCD and your motor insurance premium will increase. Any amount above the quoted motor insurance renewal premium will be charged to your HP account.
    2. Should you decide to settle your HP account before your HP Care package is fully utilized, the excess amount will be refunded to you. 
    3. If you cancel your HP Care package without full settlement of your HP account, a penalty fee of BND100 will be charged to your HP account for every year remaining in your HP Care package. 
    4. If you renew your motor insurance on your own, the total amount payable for the year under HP Care package will be forfeited. 
    5. Baiduri Finance may, at any time and without prior notice or liability to any party, decline, refuse or delay the processing of insurance and tax renewals. 
    6. For any adjustment, cancellation or refund, visit the nearest Baiduri Finance branch for assistance. For more information, contact us at 2426800 extension 6811/8818/8819 during business hours.

  • FAQs
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