6th December 2023 - 2 min read

Insurtech Qoala has launched its new personal accident insurance product called Qoala Care, which can be used to complement your existing insurance plans – especially vehicle insurance plans – for improved coverage. Among other things, it offers a lump-sum payout of up to RM100,000 in the event of accidental death or total permanent disability (TPD), coverage of medical and funeral expenses of up to RM1,000, as well as daily hospital allowance of up to RM50.
On its website, Qoala noted that there are three plans that are available under its Qoala Care product, with premiums starting from RM49 for a one-year subscription:
| Basic (Premium: RM49) | Gold (Premium: RM89) | Platinum (Premium: RM119) | |
| Death benefit | Up to RM30,000 | Up to RM60,000 | Up to RM100,000 |
| TPD benefit | Up to RM30,000 | Up to RM60,000 | Up to RM100,000 |
| Medical treatment expenses | N/A | Up to RM1,000 | Up to RM1,000 |
| Daily hospital allowance | Up to RM50 per day | Up to RM50 per day | Up to RM50 per day |
| Funeral costs | N/A | Up to RM1,000 | Up to RM1,000 |

In addition to these benefits, you are also entitled to an e-hailing claim of up to RM20 within 48 hours after your accident (inclusive of toll fee and driver tips), as well as a complimentary tow claim of up to 50km for roadside emergencies (within 48 hours after your car accident, capped at RM50). There is a dedicated support hotline to assist with the claim process as well.
Country manager of Qoala Malaysia, Jonathan Ong said that the launch of Qoala Care allows the company to better help Malaysians who are in need of improved protection and coverage. “Our comprehensive protection ensures our customers enjoy a worry-free experience from start to finish, offering them peace of mind,” he stated.
(Sources: Qoala Care, FintechNews Malaysia)
Subscribe to our exclusive weekly newsletter and we’ll bring you the week’s highlights of financial news, expert tips, guides, and the latest credit card and e-wallet deals.
Stay tuned for what’s to come next in the personal finance world
Comments (0)