KUALA LUMPUR, May 17 – MSIG Insurance (Malaysia) Bhd (“MSIG Malaysia”) has launched a new motor add-on for selected comprehensive private car insurance called “EZ-Mile”. The motor add-on allows new and existing MSIG motor insurance customers to reduce their comprehensive motor insurance premium by choosing any of the three mileage-based usage plans between 5,000km, 10,000km and 15,000km – each of which offers premium savings on selected comprehensive motor insurance packages.
This provides MSIG customers, particularly those who drive low mileage each year, flexibility to choose whichever package that best reflects their expected car usage and yet still benefit fully from the protection offered by MSIG’s comprehensive motor insurances. MSIG Malaysia Chief Executive Officer Mr. Chua Seck Guan said, “The new EZ-Mile Motor Add-on gives people a good reason to drive less and, in the process, reduce their carbon footprint, which is in line with MSIG’s support of the United Nation’s Sustainable Development Goals (SDGs), particularly SDG13 – Climate Action.
In addition, we are also aware that driving behaviours have changed over the past few years primarily due to changing employment models. We recognised this trend and being responsive to customer needs, created this innovative add-on to let car users pay a premium based on how much they drive, while still providing all the benefits of a comprehensive insurance coverage. We hope this will go some way to lightening the burden of Malaysian road users.
Customers who opt for MSIG EZ-Mile Motor Add-on will have their mileage measured by a small wireless device called a Microtag that links via Bluetooth to their smartphone. When the mileage allowance looks likely to be exceeded, the motorist can purchase a ‘top-up’ to maintain their Comprehensive motor insurance. The Microtag also enables more effective roadside assistance with two services called eCall and bCall. The eCall feature will automatically call for assistance when an impact is detected to make sure that in the event of an accident, emergency services are alerted early.
In the event of breakdown, the user can also use the bCall feature to quickly get in touch with the 24-hour assistance hotline. Further details on the terms and conditions of MSIG EZ-Mile Motor Add-on can be found at https://www.msig.com.my/personal-insurance/products/ez-mile/. Mr. Chua concluded, “MSIG EZ-Mile Motor Add-on has been designed with our customers in mind. We wanted to provide them with an option which saves them money on their insurance if they drive less. This is a win for our customers and also for the environment and we believe this new option will be well received.”