23 Apr - 2 min read
MSIG Insurance has partnered with Oyen Sdn Bhd to launch a digital insurance platform which allows owners to digitally buy and manage medical insurance policies for their pets.
Oyen’s pet insurance policies offer vet medical benefits of up to RM8,000 for surgical, medication, diagnosis costs, and more. Besides that, Oyen also covers costs for accidental damage or injuries to others as well as burial or cremation costs. Premiums start from only RM25 per month and there are plans for both dogs and cats.
According to Oyen founder and CEO Kevin Hoong, medical costs for pet care can be surprisingly large, and an unexpected and unwelcome expense for many owners. He also added that more people are now working from home and looking increasingly to pets to provide companionship and help manage their stress. Many of these new pet owners are first-timers and often millennials, who are more digitally savvy.
“That is why we thought it was the perfect time to launch this digital pet insurance option in Malaysia,” Kevin said. “We want to lower the barrier to entry and offer a service which can provide pet owners, especially first timers, with some reassurance and peace of mind in these turbulent times.”
MSIG Malaysia CEO Chua Seck Guan said that MSIG is delighted to have been able to work with Oyen to develop this unique digital pet insurance offering. “We hope that our position as one of the world’s top ten general insurers, with over 100 years of operation in Malaysia, will provide reassurance and confidence to Malaysian pet owners looking to use Oyen to cover their pets’ medical expenses,” he said.
You can buy the policy online and get coverage within minutes. Visits with registered vets in Malaysia are claimable and you can submit your claims wholly online as well. Find out more about getting your pet covered on the Oyen website.
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