PolicyStreet’s modus operandi has always been to pick and curate the best insurance of each category to brought forward to the attention of our target audience, and this time we like to share a little bit about car insurance in Malaysia! Therefore, we have recently partnered with MSIG to distribute their car insurance on our platform, for the many valid reasons we are about to share with you at the bottom!
In a nutshell, these are the 8 things why MSIG Insurance should be your preferred car insurance in Malaysia, thus MSIG should be your preferred car insurance provider.
MSIG Insurance (Malaysia) Bhd (MSIG) is a subsidiary of Mitsui Sumitomo Insurance Company, Limited and a member of MS&AD Insurance Group – one of the largest general insurance groups in the world. The Japanese high performance culture is evident in the local MSIG entity, as MSIG Malaysia has achieved considerable amount of revenue growth over the past 12 months, as compared to their industry peers, thanks to their superior offerings, widened agents network and synergistic partners.
Thorough and comprehensive car insurance in Malaysia for your vehicle driven in Malaysia, Singapore & Brunei.
This car insurance in Malaysia provides insurance against liabilities to other parties for injury or death, damage to other parties’ property, and accidental or fire damage to your vehicle or theft of your vehicles.
This policy covers:
– Third Party bodily injury and death;
– Third Party property loss or damage; and
– Loss or damage to your own vehicle due to accidental fire, theft or accident.
Taking a trip to Singapore and Brunei? No problem! Your car is covered!
One of the most competitive in prices right now!
After detariffication of motor insurance industry last July, MSIG has positioned themselves in the market to be one of the most competitive when it comes to premiums pricing for car insurance in Malaysia, all thanks to internal reduced operational rework and also dynamic pricing models from their actuaries 😉
We hear from inside news that Japanese-made cars like Toyota can get a pretty good bargain by renewing their motor policy from MSIG #justsayin
There are many add-ons that may be useful to customers of car insurance in Malaysia! Just to name a few, MSIG Motor Insurance too offers an innovative Smart Key Shield (Non-Tariff) add-on to cover the loss or damage of your Smart Car Key!
MSIG have also come up with limited special perils to protect your vehicles from flood and nature-related damages. You know how rampant flash floods are happening in the city! So to avoid your car becomes a messy place after a flood, claim the damages and repair work needed from MSIG, just by adding this add-on!
For more information, you may check out this funny video by popular influencer So I’m Jenn explaining these add ons. *laughs out loud*
Switching is no sweat!
Worried about potentially losing your NCD when you switch car insurance providers? Rest assured that your NCD is well taken care of. Switching over to MSIG from another insurance company is also a breeze as you may transfer your NCD over in full. NCD is tied to your name and not a car, and certainly not an insurance provider. Thus, NCD is completely transferable and can be accumulated.
Service is fast and efficient
Don’t just take our word for it! 173 customers have ranked MSIG to be 3.4/5 stars when it comes to service quality and customer service, as seen on iBanding.
Your policy comes with FREE Roadside Assistance!!
In the unfortunate event of an accident involving your vehicle or should a breakdown occur, MSIG is at your side to help you. You are entitled to this accident/roadside service assistance without any surcharge to your policy premium. MSIG has a nationwide network of recommended motor repairers, ready to provide you with prompt, efficient and convenient service, whenever the need arises. Kindly contact 1-300-880-833 or click here for more details about Motor Assist.
Claims process is easy peasy too!
All you need to do is to provide a written notice to MSIG with full details within seven (7) days upon receiving notice of or sustaining any accident, loss or damage. You may contact any MSIG Branch or your Insurance Adviser aka us PolicyStreet to obtain a copy of the claim form. Do submit the completed claim form to MSIG together with all relevant documents as soon as possible!
BEST PART? MSIG Car Insurance is available online!
MSIG Motor Insurance is one of the few car insurance in Malaysia available online, and PolicyStreet is the exclusive InsurTech to carry this product! Since it is available online, you do not need to pay any commissions, therefore you get instant 10% rebate, which is more premium savings!
You don’t need to lift your butt off your sitting position to buy a car insurance in Malaysia anymore! This is because you can now complete the purchase directly from the comfort of your home, whilst you are travelling overseas, whilst you’re taking a dump (Oops, too much information right there).
You could even buy an insurance at 3am if you like, or weekends, without obligation to set an appointment to meet with any representatives.
All you really need is just a stable internet connection and an online bank account or credit card to complete the sale.
There you have it! These are the 8 things why MSIG Insurance should be your preferred car insurance in Malaysia. We hope we have sufficiently shared all that you need to know about MSIG to be a preferable brand to switch to, when it comes to car insurance renewal. Feel free to reach out to us for free insurance advice, or enquiries on how to go about using our website.