by AdminWaiver of Betterment — Drive Worry-Free with Full Repairs
🚗 What is Betterment?
When your car is damaged and needs repairs, sometimes brand new original parts are used to replace old ones. This may leave your car in better condition than before the accident. In such cases, insurance companies may require you to pay a portion of the repair cost — this is called Betterment.
The older your car, the higher the percentage you might have to pay.
Here’s a common scale:
| Car Age | Betterment You Pay |
|---|---|
| Less than 5 years | 0% |
| 5 years | 15% |
| 6 years | 20% |
| 7 years | 25% |
| 8 years | 30% |
| 9 years | 35% |
| 10 years and above | 40% |
❓ What is Waiver of Betterment?
Waiver of Betterment is an optional add-on for your motor insurance that allows you to avoid paying the betterment charges.
✅ With this add-on, the insurer will cover 100% of the cost for new original parts, no matter how old your car is.
💡 Why Choose Waiver of Betterment?
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No Extra Charges during repairs using brand new parts.
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Peace of mind even if your car is older than 5 years.
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You keep more money in your pocket after an accident.
🧮 Example Without Waiver:
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Your 7-year-old car needs RM5,000 in repairs.
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Betterment rate = 25%
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You pay: RM1,250
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Insurance pays: RM3,750
🧮 Example With Waiver:
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Same scenario, but you have Waiver of Betterment.
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You pay: RM0
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Insurance pays: RM5,000
📝 How to Add Waiver of Betterment?
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Available for Comprehensive Private Car policies only.
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Car must be within 10 years old.
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Add it when you renew or purchase your insurance.