Boost Introduces Complete Car Insurance Coverage in Your Pocket
The new car insurance ‘CarProtect’ offers new in-app Emergency Button to gain 24/7 access to car assistance
Kuala Lumpur, 15 September 2021 – Homegrown eWallet Boost today announced it has expanded its insurance offerings with the launch of CarProtect, a car insurance with comprehensive coverage for private cars. CarProtect offers customers protection in your pocket, alongside a seamless and convenient way to customise their car insurance plan best suited to their needs. Additionally, customers can also renew their road tax at the same time and have it conveniently delivered to their doorstep.
As an added safety feature, Boost built in an Emergency Button for CarProtect customers that gives them 24/7 access to car assistance. The Emergency Button is a fast and convenient way that directs users to the emergency contacts including insurance claims, panel of workshops as well as Boost’s roadside assistance partners in the event of an accident or breakdown. With this, users no longer have to frantically search the Internet or their phone book for help during an already stressful emergency situation.
CarProtect offers a one-year coverage for damage to the car insured due to accident, theft or accidental fire, as well as liabilities to third parties including bodily injuries, death, property loss or damage. Additionally, it also features customizable add-on coverages for windscreen, flood & special perils as well as a waiver of compulsory excess (inclusive of additional drivers). This insurance plan is underwritten by Great Eastern General Insurance (Malaysia) Berhad.
Sheyantha Abeykoon, CEO of Boost said, “The launch of our new car insurance protection is another step forward in driving innovation within the Malaysian insurtech space. With the addition of CarProtect, Boost now offers a total of 15 insurance protection plans to offer users protection in your pocket. There are insurance/takaful plans that serve the lifestyle needs of SME owners, entire families, fitness enthusiasts and now, car owners. As we continue to develop more affordable insurance plans for the future, we will continue to emphasize on customization to give users the flexibility of crafting the right plan at the right price to protect themselves and their loved ones.”
From now until 31 December 2021, the first 5,000 users to purchase their car insurance with Boost will receive RM100 cashback in the Boost Partner Wallet, whereas subsequent users will receive RM50 cashback. The cashback in the Boost Partner Wallet can be used to pay for any Boost transaction.
CarProtect can be easily accessed via the ‘Insurance’ button on the Boost app homepage or the ‘Do More’ tab. Users can easily purchase CarProtect in four easy steps:
- Key in car details to get a quotation
2. Customize the desired coverage by selecting relevant add-ons
3. Fill in car owner details
- Pay, and you’re covered!
Once purchased, all insurance coverage details are easily accessible in the Boost app for quick reference.
For more information, users can stay tuned by following Boost’s official social media channels on Facebook (facebook.com/myboostapp) and Instagram (instagram.com/myboostapp).