Touch ‘n Go Group has launched a first-of-its-kind Personal Accident insurance/takaful, ParkInsure for users who utilise the Touch ‘n Go card for entry to parking sites.

With a premium of only RM5 per month, ParkInsure caters to the affordability of all Touch ‘n Go card users and can be subscribed seamlessly via GOprotect, the digital insurance/takaful hub on Touch ‘n Go eWallet.

They can opt for takaful underwritten by Zurich General Takaful Malaysia Berhad or conventional insurance underwritten by Allianz Malaysia Berhad. Besides the cashless convenience, users can rest assured that their transactions are safe and secure.

Chief Executive Officer of TNG Digital Sdn Bhd, Alan Ni said, “We are pleased to introduce our latest insurance/takaful product on GOprotect, which provides personal accident insurance/takaful protection for our users who use the Touch ‘n Go card for payment at parking sites.

ParkInsure is unique in the sense that it is a value-added service of the Touch ‘n Go card, expanding its utility beyond mobility purposes such as parking, transit and tolls.”

The benefits of ParkInsure include reimbursement of up to RM70,000 for permanent disablement or accidental death caused by accident while within the car park compound; a
snatch theft inconvenience benefit of up to RM1,500 for snatch theft cases within the car park compound; as well as reimbursement of up to RM1,500 for forcible car break-ins within the car park.

Users will also be given a key reimbursement fee of up to RM200 should their car key be
stolen or damaged during the period of coverage. Additionally, under the conventional plan, users will be given a transport reimbursement fee of up to RM200 should there be transportation charges incurred for admission to the hospital due to accidental cause within the car park compound as well as a RM10 reimbursement fee, should users lose their enhanced Touch ‘n Go card due to snatch theft within the car park compound.

Separately under the takaful plan, users will be given an inconvenience benefit reimbursement of up to RM200 should their car be damaged due to an accident within the car park compound.