, Malaysia
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MSIG launches motor add-on insurance EZ-Mile

Customers can choose between three usage plans.

Malaysia’s MSIG Insurance has launched a new motor add-on called “EZ-Mile.”

The 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 offers premium savings on selected comprehensive motor insurance packages, giving MSIC customers–especially those with low mileage driven each year– flexibility to choose whichever package best reflects their expected car usage, MSIG said.

ALSO READ: HSBC Singapore, MSIG enter 15-year bancassurance partnership

Mileage will be 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.

Customers can use the Microtag to access two roadside services called eCall and bCall. The eCall feature will automatically call for assistance when an impact is detected. In the event of breakdown, the user can use the bCall feature to quickly get in touch with the 24-hour assistance hotline. 

MSIG Malaysia CEO Chua Seck Guan said that the new motor add-on gives people “a good reason to drive less and, in the process, reduce their carbon footprint.”

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