ShopeePay and Allianz launch affordable Personal Accident Insurance with RM30 government subsidy

[ENG KV] Perlindungan Tenang Programme.jpg 

ShopeePay is stepping up its fintech game with the launch of two new Personal Accident insurance plans, developed in collaboration with Allianz General Insurance Company (Malaysia) Berhad. The move aligns with ShopeePay’s ongoing mission—‘Simple Finance for All’—to make financial protection more accessible and affordable for everyday Malaysians.

 

RM30 Government Subsidy via Perlindungan Tenang Voucher

The new plans, priced at RM50 and RM75 annually (excluding SST), are eligible under the government’s Perlindungan Tenang Voucher (PTV) Programme, which offers a RM30 subsidy to up to two million Sumbangan Tunai Rahmah recipients. That means eligible users can enjoy comprehensive coverage starting from just RM20.

Users can purchase the plans directly through the ShopeePay or Shopee app. Just tap “Tenang” on the Insurance homepage, verify your eligibility, and complete the purchase. Successful applicants will also receive a RM10 Shopee voucher with no minimum spend.

 

Plan Comparison at a Glance

Features Plan 1 Plan 2
Annual Premium (excl. SST) RM50 RM70
Premium with PTV (excl. SST) RM20 RM45
Premium with PTV + 8% SST RM24 RM51
Eligibility Malaysians aged 18–59 Malaysians aged 18–59
Benefits Sum Insured Sum Insured
Death/Permanent Disablement RM30000 RM50000
Hospital Income (Govt. Hospital) RM50/day (max 30 days) RM100/day (max 30 days)
Medical Expenses (Govt. Hospital) Up to RM500 Up to RM750
Emergency Flood Relief RM500 lump sum RM750 lump sum

 

Check Your Eligibility

This initiative supports Bank Negara Malaysia’s Perlindungan Tenang programme, which aims to extend essential financial protection to underserved communities. ShopeePay’s latest offering is a strong step toward democratizing access to insurance and empowering Malaysians with simple, digital-first financial tools.

To see if you qualify for the RM30 Perlindungan Tenang voucher, visit myptv.my. For more details on ShopeePay’s insurance offerings, head to the Shopee or ShopeePay app today. Stay tuned for more trending tech news at TechNave.com.