Allianz Malaysia Berhad has announced its support for the government’s Perlindungan Tenang Voucher (PTV) 3.0 programme through its PerlindunganKu Allianz4All product. This initiative aims to provide comprehensive insurance coverage at affordable premiums, made more accessible with the PTV3.0 vouchers. The programme is designed to enhance social protection, particularly for lower-income households, by offering individual coverage for personal accidents, medical needs, and emergency relief.
Sean Wang, CEO of Allianz Malaysia, stated, “We are committed to supporting the government’s initiative to provide financial security to all eligible Malaysians through the PTV3.0 programme. PerlindunganKu Allianz4All is designed to offer the best coverage in times of need with affordable premiums, ensuring peace of mind for you and your loved ones.”
The PTV3.0 programme is available to two million eligible recipients of Sumbangan Tunai Rahmah (STR) on a first-come, first-served basis, with a redemption period from 1 September to 31 December 2025. STR recipients can redeem a RM30 voucher subsidised by the government to purchase simple and affordable insurance or takaful products.
PerlindunganKu Allianz4All offers two plans tailored to meet diverse needs. Plan 1 provides coverage of up to RM30,000 for death or permanent disablement due to accidents, with additional benefits for hospitalisation and medical expenses. Plan 2 offers higher coverage of up to RM50,000, with increased benefits for hospital income and medical expenses. Both plans include emergency relief in the event of evacuation due to floods.
A unique aspect of PerlindunganKu Allianz4All is the allocation of 53.5% of the premium to a Claims Allocation Fund (CAF), used to pay out claims. Surplus from the CAF is distributed to charitable causes, with a portion allocated to the government for policyholders using PTV3.0. In 2024, Allianz Malaysia distributed a surplus of RM219,148 from the CAF to charitable causes, highlighting its commitment to social responsibility.
PerlindunganKu Allianz4All can be purchased through authorised distributors using PTV3.0 vouchers.
