ShopeePay Partners with Allianz General to Offer Affordable Insurance from Just RM20

RM30 Perlindungan Tenang Vouchers Available to Help B40 Malaysians Access Essential Coverage 

ShopeePay announced the introduction of two new Personal Accident insurance plans in partnership with Allianz General Insurance Company (Malaysia) Berhad, aimed at making protection more accessible and affordable for Malaysians under its ‘Simple Finance for All’ mission.

Priced at RM50 and RM75 respectively, the plans are eligible for the government’s Perlindungan Tenang Voucher (PTV) Programme, which provides a RM30 subsidy to up to two million Sumbangan Tunai Rahmah recipients, as announced under the National Budget 2025.

This means eligible customers can enjoy comprehensive coverage from as low as RM20 (excluding SST). Available on both the ShopeePay and Shopee apps, the plans aim to provide essential protections and coverage for all Malaysians.

Providing two different options and coverages, the plan details are as below:

 

	Plan 1	Plan 2
Annual Premium	RM50 (excluding SST)	RM75 (excluding SST)
Annual Premium with Perlindungan Tenang Voucher *For Sumbangan Tunai Rahmah recipients only	RM20 (excluding SST)	RM45 (excluding SST)
Annual Premium with Voucher and 8% SST	RM24	RM51
Eligibility	Malaysian Citizens, aged 18 - 59	Malaysian Citizens, aged 18 - 59
Benefits	Sum Insured (RM)
Death or Permanent Disablement	30,000	50,000
Hospital Income – Government Hospital only (up to maximum thirty (30) days per year)	50 per day	100 per day
Medical Expenses – Government Hospital only (up to)	500	750
Emergency Relief (in the event of evacuation due to flood) (lumpsum/once during the policy period)	500	750

Claiming and Using Your Perlindungan Tenang Voucher

On the ShopeePay or Shopee app, users can simply tap “Tenang” on the Insurance Homepage, confirm their eligibility for the Perlindungan Tenang Voucher, and provide the required personal information. Next, review the coverage details and click “Pay Now” to complete the purchase. Applicants will be notified via email if their application is successful. Successful applicants will also receive a RM10 Shopee voucher with no minimum spend.

Through this initiative, we are proud to support Bank Negara Malaysia’s Perlindungan Tenang programme, which promotes financial inclusion by making essential protection more accessible to underserved communities. This effort is also in line with ShopeePay’s ‘Simple Finance for All’ mission, which focuses on breaking down barriers so that everyone can access financial products with ease.