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Launch of “Residual Value Insurance” for ORIX COSMOS Hassle-Free Loan Program

23 May 2022 |

Hong Kong – May 23, 2022 – Sompo Insurance Hong Kong Co., Ltd. (“SOMPO") announced today the launch of Residual Value Insurance (RVI) in April 2022.

 

SOMPO HK’s residual value insurance provides protection to the buyback value of the asset. In the hassle-free loan program for Tesla customers, we guarantee as high as 40% buyback value of the car after 3 years under the buyback arrangement assisted by our partner ORIX Asia.

 

As a leading non-life insurance company, we have forged strategic partnerships to access a wider network of resources and distribution to provide the best solutions for our customers, while keeping up with the evolving trends of digitalization and innovation. 

 

Please click here for more information about the program.

 

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