Tune Protect Malaysia has launched its Home Easy and Home Shield Policy, a HouseOwner and HouseHolder insurance which provides coverage for residential buildings and home contents against loss or damage due to fire, lightning, explosions, flood, or burst pipe among others.
Both home insurance products offer attractive savings in premium more than 40 percent compared to the tariff rate, while providing greater flexibility to homeowners to tailor their plan with optional add-ons to meet their individual needs.
William Foo, Chief Executive Officer of Tune Protect Malaysiasaid, “Buying a new home is exciting. However, with the steady increase in house prices coupled with the effects of the pandemic on personal budgets, customers have become more price-sensitive and will value any opportunity for savings. We are disrupting the market to be the insurance partner that provides the much-needed home protection at a fraction of the cost.”
He also added that many homeowners may not be aware of the amount of annual insurance premium they are paying, and he wishes to urge them to explore the potential saving they may obtain by getting a quote of these new products.
Home Shield will be distributed via Tune Protect Malaysia’s widespread agency network nationwide. By purchasing through the Company’s agents, customers will get to enjoy a Safety Net benefit – a ten percent financial buffer in addition to the total sum insured of the residential building (HouseOwner).
In addition, homebuyers or homeowners can enjoy complimentary benefits which includes reimbursement of water bill due to burst water pipes, and a Personal Liability Insurance coverage of up to RM250, 000 if they opt for both the HouseOwner and HouseHolder coverage for their homes.
This is additional to the plans for the optional Top Up Packs to tailor their protection needs. The Top Up Packs include Landlord Insurance, Mortgage Loan Protection, Home Care and Smart Home Devices Protection.
For homeowners or homebuyers who may have existing protection but intend to purchase this new plan, Tune Protect Malaysia provides a Switchover Guide to assist them to exercise their choice better through Tune Protect agents.
In conjunction with the launch, Tune Protect will be joining hands with Yayasan Chow Kit (“YCK”) for its children’s health fund, Madhya’s Gift. Tune Protect pledged to contribute RM6 for every Home Easy policy sold from now until December 31 2021.
Madhya’s Gift was set up by YCK to provide healthcare to children from less privileged families who are in need of medical treatment.
For every purchase from the Company’s online channels, customers will get to enjoy an additional 15 percent direct rebate on premium and earn 5 BIG Rewards Points for every RM1 premium for redemption of attractive rewards from an extensive list of BIG Rewards lifestyle partners.
Home Easy is an online home insurance product for Tune Protect Malaysia where customers can purchase through its website (www.tuneprotect.com) or the Tune Protect mobile application that is available on the Apple App Store and Google Play Store.
