Allianz Malaysia adds 25% cover to push policy sales

Shield Plus users aged 40 and below qualify for the enhanced principal sum insured.

Allianz Malaysia Berhad has launched a campaign offering 25% additional coverage on selected personal accident and lifestyle protection policies, as it marks its 25th anniversary.

In a statement, its general insurance arm, Allianz General Insurance Company (Malaysia) Berhad, said customers who purchase new Allianz Shield Plus or Allianz Lifestyle Protect policies will receive the extra coverage during the campaign period.

The promotion runs from 1 January to 31 December 2026 and applies to both new and existing policyholders who add new individuals to their plans.

Customers aged 40 and below who take up Allianz Shield Plus will receive a 25% bonus on the principal sum insured.

Those who opt for Lifestyle and Living Benefits under the policy will receive an additional 25% coverage.

Allianz Shield Plus provides 24-hour worldwide personal accident coverage, including up to $0.75m (RM3m) for accidental death and permanent disablement, as well as cashless hospital admission and discharge for accident-related medical expenses.

Meanwhile, customers who purchase Allianz Lifestyle Protect will receive 25% extra coverage for selected lifestyle and living benefits.

The policy includes protection such as up to $1,250 (RM5,000) for smart devices, $1,250 (RM5,000) for credit card and loan indemnity, and $375 (RM1,500) for online purchases.

($1.00 = RM3.95)