AXA Affin General Insurance Berhad (AAGI) has launched a motor insurance add-on to provide e-hailing drivers with a comprehensive 24/7 protection and peace of mind named AXA SmartDrive-Sharing.
E-hailing services have been growing rapidly in Malaysia, with 180,000 drivers operating in the country.
This number is expected to increase with the announcement in the 2018 Budget that a RM5,000 grant to buy a new car will be given to registered taxi drivers intending to shift to e-hailing.
The recent legalisation of e-hailing services will pave way for the protection of e-hailing drivers as comprehensive private motor insurance does not cover e-hailing services.
This also means e-hailing drivers are exposed to risks from not being covered by their private motor insurance and potential claims by passengers in the event of accidents.
AXA SmartDrive-Sharing was launched in line with the government’s initiative and ensuring both e-hailing drivers and passengers are protected in the event of accidents that may result in injuries or damage to their belongings,
The plan covers loss or damage to driver’s vehicle; liability to third party; legal liability to or of passenger; driver’s personal accident up to RM10,000.
“When you get behind the wheels, you want to be able to drive knowing that you and your passengers are protected.
“Which is why we have come up with this plan to empower e-hailing drivers to drive and earn with complete peace of mind,” said AAGI chief executive officer, Emmanuel Nivet.
Drivers will also enjoy AXA’s suite of value-added services such as fast claims approval in 5 working days upon full documents submission and roadside assistance with AXA SmartDrive Assistance Plan including 24 hours hotline service, towing, 6 months repair warranty and more.