Payment Protection Program

Mechanism:

• Applicable for retail sales of Hyundai The all-new KONA Electric, IONIQ 5, IONIQ 6, STARGAZER, STARGAZER X, or CRETA models that utilize Hyundai Finance as the financing partner (Maybank Finance, MTF, Bank Shinhan Indonesia, SKBF).
  


• This guarantee is valid for 1 year after the vehicle handover date to the customer.
  


• The insured party under this program is the individual registered as the debtor in the contract with Hyundai Finance.
  


• This guarantee does not apply to purchases made in the name of a business entity or company.
  


• Customers must report the accident to the Hyundai call center within a maximum of 30 days after the date of the accident..
  


• The condition of the insured party who is entitled to receive coverage under this program if he is involved in a traffic accident on his The all-new KONA Electric, IONIQ 5, IONIQ 6, STARGAZER, STARGAZER X, or CRETA unit which results in permanent physical disability (disability) , among others:
  
  
  
  • Loss of vision.
    
  
  
  • Loss of both hands.
    
  
  
  • Loss of both legs
    
  
  
  • Disability that causes the customer to lose the ability to work (earn a living)
    
  
  
  • The waiting period for evaluation of the medical condition of the customer submitting the claim is 180 days after the claim is received.
    
  
  


• Each customer must submit the following documents when claiming this program:
  
  
  
  • Traffic accident report from the police station.
    
  
  
  • Letter of diagnosis from a doctor at the hospital treating the customer.
    
  
  
  • Copy of the financing contract with Hyundai Finance partners.
    
  
  


• Things that can void the guarantee under this program, including:
  
  
  
  • The vehicle has been sold to another party.
    
  
  
  • Vehicles used for rental purposes.
    
  
  
  • Accidents caused by the driver violating the rules.
    
  
  


• Hyundai Motors Indonesia has the right to refuse to submit a claim for this guarantee program if it does not comply with the regulated provisions.