What are the qualifications for MultiYear Protect?

• A. Individual, Brand new car for private use, loan term: min 36 months, max 60 months. Loan amount min P500K.
• B. Any used car with any loan term.
• C. Only commercial vehicles.
• D. A motorcycle loan is eligible.

Answer: (B)

MultiYear Protect is designed to cover a broad range of auto loans by focusing on the vehicle being financed rather than its age or how the loan is structured. The key idea is that eligibility includes any used car and any loan term, rather than restricting to brand-new vehicles, private-use only, a minimum loan amount, or specific vehicle types. That flexibility is what makes the option describing “any used car with any loan term” the best fit. The other choices impose restrictions—new cars, private-use only, specific loan terms, or being limited to commercial vehicles or motorcycles—which don’t align with this flexible eligibility.