Added protection for m-cycle under 245cc
Allianz General Insurance Co (Malaysia) Bhd has officially become the first insurer to provide motorcycles under 245cc with added protection at no extra cost.
Motorcyclists will be able to choose coverage from Allianz Motorcycle Plus (comprehensive) or Allianz Motorcycle Plus (third party only).
The comprehensive product comes with accident cover of RM5,000 for death or permanent disablement, hospital income of RM50 a day for up to 60 days and the all-special perils full sum-insured protection covering flood, landslides or any natural disasters.
The third-party-only package offers accident cover of RM5,000 for death or permanent disablement as well as hospital income of RM50 a day for up to 60 days with no added premium.
Allianz Malaysia Bhd chief executive officer Zakri Khir said insurers’ products and services should not only be curated and packaged to build brand affinity, but should also be thoughtful and could serve a larger purpose of providing protection and meet customers’ needs.
“With Allianz Motorcycle Plus, we want to reach out to the masses. We want to offer the millions of motorcycle owners out there an affordable product with the best protection and coverage that money can buy,” he said at the official launch of the motor insurance, here, yesterday.
Last year, the Road Safety Department’s Road Safety Statistics Book of 2018 revealed that as at September 2018, there were close to 13.6 million motorcycles on Malaysian roads, making up about 46 per cent of the country’s road users.
The report also showed that motorcycles were the leading cause of motor vehicle fatalities with 3,179 deaths.
Meanwhile, as part of the launch campaign from May 1 to July 31, all new policyholders of Allianz Motorcycle Plus stand a chance to win six SYM SM Sport 110cc motorcycles.
Winners will be selected through a raffle from the pool of eligible policyholders.