Allianz Malaysia unveils three more Rahmah insurance products

The insurer now has five products under its Rahmah Insurance porftolio.

Allianz Malaysia has introduced three new products as part of its Rahmah Insurance Initiative, which includes the "Private Car Rahmah Package" offering Comprehensive and Third Party, Fire & Theft (TPFT) coverage, as well as a new life insurance product called 'Allianz Kasih4All'. 

These offerings aim to provide affordable insurance solutions for private cars and life insurance.

The Private Car Rahmah Package includes special Rahmah benefits such as RM5,000 personal accident relief in case of death or disablement, a hospital allowance of RM50 per day for up to 60 days due to accident-related hospitalization, and a one-time flood relief benefit of RM3,000. 

This package is automatically available to Allianz Private Car TPFT policyholders and Private Car Comprehensive customers with a cubic capacity (cc) of 1,500 and below and a sum insured of RM30,000 and below.

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Allianz Malaysia CEO, Sean Wang, highlighted the comprehensive support provided by the Private Car Rahmah package, which combines insurance coverage with additional safety measures. He emphasised the convenience and peace of mind that policyholders can rely on, including the assistance of Allianz Road Rangers for on-the-spot repairs or towing to a reliable workshop.

In addition to the Private Car Rahmah package, Allianz Malaysia introduced Allianz Kasih4All, a yearly renewable, non-participating term life insurance plan that offers coverage up to 71 years old. 

The product is said to offer easy enrollment with no health questions or medical examinations required at the time of enrollment. It offers two available plans with premium rates starting at RM35 and RM55 for individuals between the ages of 16 and 40.

These new additions expand Allianz Malaysia's Rahmah Insurance portfolio, which now consists of five products, including PerlindunganKu Allianz4All and Allianz Motorcycle Plus.