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The Article

Allianz General Insurance Company (Malaysia) Berhad (“Allianz General”) understands the importance of public safety and wants to create awareness to customers and members of the public alike to be protected when performing transactions, especially withdrawals from ATM machines during the festive season. This is in accordance with recent news reports of several robberies related to withdrawals from ATM machines.

“Snatch theft incidences and ATM robberies certainly raises great concern on safety. We see people being snatched off their personal belongings even in a moving vehicle. Realising that it is important to protect people from incidences such as this, we introduced ATM Shield several years ago. The ATM Shield cannot stop the unforeseen from happening, but it can play a supporting role for the insured person and his/her family to fall back on while dealing with situations such as these,” said Zakri Khir, CEO of Allianz General Insurance Company (Malaysia) Berhad.

The Allianz  ATM Shield is essentially a personal protection plan in that it provides 24-hour cover for injury or loss sustained as a result of snatch theft, attempted snatch theft, robbery or attempted robbery. Additionally, it also provides compensation for cash lost due to snatch theft or robbery occurring within 24 hours of any ATM withdrawals worldwide.

Allianz policy benefits come as Plan A and Plan B.  For both plans, if the insured person is hurt and hospitalised for more than 12 hours due to a snatch theft, a daily benefit for up to 30 days will be given. These plans also provide coverage for the loss of personal effects such as Identity Card, passport, driver’s licence, credit cards, ATM cards, access cards to building/parking lots as well as eye and sunglasses, camera, house keys, hand phones, wallets, purses and handbags.

Besides these, the Death and Permanent Disablement benefit will help in ensuring that the insured person or his/her loved ones are taken care of during difficult times. Plan B provides an added benefit and reimburses for medical expenses as a result of injury sustained during a snatch theft or attempted snatch theft.

“Being able to claim back or cover medical expenses if any is an assurance we can offer the insured. It is always better to take precautions. This plan is available for those who are from 18 to 70 years old and a small amount of ringgit is worth investing in as it is a value that will be even more significant should the unforeseen happen,” concluded Zakri.”

Those who wish to know more about ATM Shield can log on to Allianz Malaysia’s website at www.allianz.com.my . Alternatively, they can also contact the Allianz Customer Service Centre at 1-300-88-1028 or email customer.service@allianz.com.my