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Allianz boosts coverage, challenges rivals

Allianz General Insurance Company (Malaysia) Berhad is enhancing personal accident protection by offering a 25% extra coverage on its Allianz Shield Plus and Allianz Lifestyle Protect policies. This initiative marks Allianz Malaysia’s 25th anniversary, aiming to reward customer loyalty and reinforce its commitment to safeguarding what matters most.

Chief Executive Officer Sean Wang expressed gratitude to customers, stating, “This campaign is our way of saying thank you for 25 incredible years of trust and support.” The additional coverage is designed to provide greater financial security and peace of mind, addressing needs such as protecting loved ones and managing unexpected events.

Under the campaign, customers aged 40 and below purchasing a new Allianz Shield Plus policy will receive a 25% Special Bonus on the Principal Sum Insured. Existing policyholders renewing with new individuals added, also aged 40 and below, will benefit from the same bonus. The Allianz Shield Plus offers worldwide personal accident insurance, covering up to RM3m for accidental death and permanent disablement.

Similarly, new Allianz Lifestyle Protect policyholders will enjoy 25% Extra Coverage for selected Lifestyle and Living Benefits, tailored to individual needs. Existing policyholders adding new individuals will also receive this additional coverage. Benefits include coverage for smart devices, credit card indemnity, and online purchases.

This campaign runs from 1 January to 31 December 2026, providing comprehensive protection and support for unexpected events.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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