AIG has been providing insurance policies and securing Malaysian citizens lives since 1953. The insurance provider offers services to individuals and corporate customers. You can apply for a plan through number of distribution channels, such as branch offices, agents, and other online platforms. Here are the insurance plans and schemes offered by AIG.
Types of Insurance Offered by AIG
AIG offers 6 types of insurance. Each of the type and the policy schemes under them are listed below:
AIG provides a comprehensive car protection plan that covers the damage caused to your car due to theft, fire, and accident. The policy also covers third-party liabilities, such as damage to the other party’s car and bodily injury.
- Domestic & Overseas Travel Insurance: The policy provides coverage for personal accident, medical assistance, travel inconvenience, and 24-hour worldwide travel assistance. You can add-on optional coverage, such as for adventure sports and scuba diving.
- Student Overseas Travel Insurance: AIG provides Student Assist plan—an insurance plan to cover all the unexpected expenses when you are overseas for educational purpose. The coverage is provided when you are studying at one of the recognized educational institutions.
Personal Accident Insurance
The policy provides a personal accident cover to you and your family in the case of an accident. The policy also works as a life insurance product since it provides death and TPD benefits.
Get comprehensive medical care in Malaysia and abroad with the AIG Medical Insurance policy. The policy covers the pre-hospitalisation, hospitalisation, post-hospitalisation, and outpatient treatment costs.
AIG provides 2 variants of home insurance—Premier Client Solutions and Standard Home Insurance.
- Premier Client Solutions: This policy covers not just your house, but other belongings and other valuables inside the house as well. The policy is designed to protect your lifestyle from all kinds of risks.
- Standard Home Insurance: It is a comprehensive home insurance that covers your house and its belongings from burglary, armed robbery, fire, and other risks.
Snatch Theft Insurance
Snatch Theft Insurance protects you against robbery, burglary, theft, and ATM fraud. You can get medical expenses coverage in addition to cash recovery and personal valuables’ coverage.
Features and Benefits of AIG Insurance
- The policy ensures the fastest claims turnaround time.
- Enjoy 24-hour road assistance, all 7 days of the week.
- Get an instant update on JPJ status and road tax renewal.
- Anyone aged between 22 years and 75 years with a valid driving license can get the insurance policy.
Domestic & Overseas Travel Insurance
- Get covered of up to RM1 million for overseas medical expenses.
- A coverage of up to RM300,000 is provided for personal accidents based on the policy underwriting.
- In the case of trip cancellation, the policy reimburses the non-refundable expenses.
- Anyone who travels within Malaysia or overseas for personal or business purposes can get the coverage.
- Travel to the following regions are not covered by the policy:
- North Korea.
Student Overseas Travel Insurance
- Your age must be between 15 years and 45 years to be eligible for the policy.
- Also, you must be joining an accredited educational institution for higher education outside your home country to get the benefits of the policy.
- Stay financially secured with the insurance plan in the case of the death of your sponsor.
- Get all medical expenses covered in the case of injury or illness when you are overseas.
- In case of study interruption due to selected reasons, the policy will reimburse the non-refundable portion of the tuition fees.
- Get hospitalisation benefits with the policy.
- The policy is renewable up to an age of 85 years.
- Lump sum paid on permanent disability and death.
- Get compassionate assistance and funeral expense cover with the policy.
AIG Medical Insurance
- No medical check-up required to purchase the policy.
- 36 critical illnesses are covered under the policy.
- Hospitalisation, home nursing, and surgical expenses are covered.
- You are eligible to buy the policy if your age is between 18 years and 60 years.
AIG Home Insurance
Premier Client Solutions:
- Get unlimited jewellery coverage and alternative accommodation expenses covered.
- Get coverage for all your personal valuables worldwide.
- Damage caused to your house due to natural disasters are covered.
AIG Standard Home Insurance:
- Get protected against any damage caused by natural disasters.
- Financial help is provided for an alternative accommodation if the house is damaged and cannot be inhibited.
- 24/7 protection is provided for home content inside or outside the house.
- The policy also covers your injuries caused in the home during the burglary.
AIG Snatch Theft Insurance
- Get a coverage of up to RM20,000 in the case of identity theft anywhere in the world.
- You must be aged between 18 years and 65 years to be eligible for the coverage.
|General and Product-related Enquiries||1800 88 8811|
|24-hour Travel Assistance||+603 2772 5600|
|24-hour Road Assistance||1800 88 6990|
|Operating Hours||Monday to Friday—9:00 a.m. to 5:00 p.m.|
Now you have a fair idea on each of the products of AIG. So, you can go ahead and get a quote according to your needs and financial background. You can also perform many insurance-related transactions on the official website of AIG, such as policy renewal and claims submission.
Q. What does a cooling-off period mean?
A. A cooling-off period is a duration of 15 days during which you can cancel the purchase of an insurance policy. If you are not satisfied with the policy, you can return it to AIG and get a full premium refund excluding the medical expenses incurred.
Q. Can I buy more than one personal accident policy to get higher coverage?
A. No. You can get a coverage of only 1 personal accident policy. Purchasing multiple policies are not allowed.
Q. What are the optional benefits available with a car insurance?
A. The following optional benefits available with a car insurance:
- Riot, strike, and civil commotion.
- Windscreen damage.
- Passenger liability cover.
- Damage arising due to flood and landslide.
- Transportation fare.
- Vehicle break-in.
- Car loan support.
- Key replacement.
- Tires and rims replacement/repair.
Q. Can I get an insurance coverage for a commercial vehicle?
A. Yes. AIG provides coverage for commercial vehicles in addition to private vehicles. The duration of coverage will be 1 year. You can renew the coverage annually.
Q. Is the travel coverage available only for a 2-way journey?
A. No. The travel coverage need not always have to be a 2-way journey. You can get the travel coverage for a 1-way trip. In this case, the coverage ends in 5 days from the date of your departure from Malaysia.