FREE insurance promo of BPI Family Auto Loan extended until October

MANILA, Philippines - BPI Family Auto Loan is extending its FREE 1 year comprehensive insurance with Acts of Nature coverage promo! The promo, which remains exclusive to BPI clients, is extended to cater to auto loan clients who intend to purchase vehicles this rainy season until October 9, 2012.

The FREE insurance promo, a pioneering promo from BPI Family Auto Loan, aims to protect newly-purchased cars from the adverse effects of calamities as well as to relieve clients from shelling out money for insurance. Comprehensive insurance usually amounts to about three percent of the vehicle’s market value. The extension is timely as this is the same time when typhoon Ondoy submerged numerous vehicles in floods. Thus, BPI Family Auto Loans wants to address the needs of the market.

“Since we began this promo, we’ve helped thousands of clients to secure their vehicles. Encouraged by their response, we are further extending our FREE Insurance Promo to help even more Filipino car owners,” shares Mr. David Sarmiento, Jr., SVP and Head of Auto Loans Division. “We want to make car ownership easy for BPI clients and make them feel safe owning and driving their brand new cars despite the rainy season.”

Posting steady growth as of the end of the 1st half of 2012, the auto loan business is seen to continue growing in the remainder of the year as the auto industry continues to recover from the setbacks of last year and the growing remittances from overseas Filipino workers. BPI Family Auto loan remains optimistic that the auto loan industry would continue to grow as the bank continues to employ promos and perks for its clients.

To apply for an auto loan and learn more about the promo extension, please log on to bpiloans.com or visit any of the over 800 BPI/BPI Family Savings Bank branches nationwide. You may also call (02) 8456777.