KUALA LUMPUR: Allianz Malaysia has announced the launch of three more products under the Rahmah Insurance Initiative, namely the "Private Car Rahmah Package" for comprehensive and TPFT (third party, fire and theft) cover and a new life insurance product called "Allianz Kasih4All", addressing affordable insurance solutions for private cars and life insurance, respectively.
This brings Allianz Malaysia's Rahmah Insurance basket to five products after PerlindunganKu Allianz4All and Allianz Motorcycle Plus launched in June.
Chief executive officer Sean Wang said Allianz Malaysia has become the first insurer in the industry to introduce a Rahmah life insurance product - Allianz Kasih4All.
Allianz Kasih4All is a yearly renewable, non-participating term plan with coverage up to 71 years old.
The product comes in two available plans with premium rates for Plan 1 and 2 starting at RM35 and RM55 for those in the age band between 16 and 40.
"Allianz Kasih4All is a new life insurance product which captures the essence of Rahmah Insurance. We firmly believe that every Malaysian, regardless of their income level, deserves to lead a dignified life and have the assurance that they will leave a legacy for their loved ones," he told reporters after launching the new Rahmah Insurance products.
The Private Car Rahmah Package features special Rahmah benefits which include personal accident relief of RM5,000 in the event of death or disablement, hospital allowance of RM50 per day for 60 days as a result of hospitalisation from an accident and a one-time flood relief benefit of RM3,000.
"This package is automatically offered to Allianz private car third party, fire and theft (TPFT) policyholders as well as private car comprehensive customers with cubic capacity (cc) 1,500 and below and Sum Insured RM 30,000 and below," the company said in a statement.
The Rahmah private car package combines its best-in-class insurance solutions with broader safety nets for policyholders.
"Our comprehensive policyholders can rely on the trusted Allianz Road Rangers to take over, whether it be on-the-spot fixes or towing your car to a reliable workshop. That professional, hassle-free way is the real Allianz experience," Wang continued. "Our Rahmah package includes a flood relief benefit that provides temporary relief for our policyholders when faced with flood disaster."
Allianz Malaysia said it is committed to further expanding its portfolio of insurance solutions to meet the ever-changing needs of Malaysians.
For further information on the Private Car Rahmah Package and Allianz Kasih4All as well as other Rahmah Allianz Malaysia products, please visit https://www.allianz.com.my/personal/whats-new/rahmah-insurance-bm.html. – BERNAMA