Touch n' Go launches the first off-street parking insurance: ParkInsure.


Ever heard of insurance for your parking? Today, local conglomerate Touch n’ Go has launched the first-ever off-street parking insurance/takaful. This feature is called ParkInsure. That said, what should you know about ParkInsure?

For your information, ParkInsure is available for users who utilise the Touch ‘n Go card for parking sites. This feature will cost you RM5 monthly. You can get this feature by subscribing to GOprotect, the digital insurance/takaful hub on Touch ‘n Go eWallet.

In addition, you can choose between takaful by Zurich General Takaful Malaysia Berhad or conventional insurance by Allianz Malaysia Berhad. Benefits of ParkInsure include reimbursement of up to RM70,000 for permanent disablement or accidental death caused by an accident while within the car park compound. Furthermore, you are entitled to a snatch theft inconvenience benefit of up to RM1,500 for snatch theft cases within the car park compound; as well as reimbursement of up to RM1,500 for forcible car break-ins within the car park.


You will also be given a key reimbursement fee of up to RM200 should your car key be stolen or damaged during the period of coverage. As per the conventional insurance, you are also eligible for a transport reimbursement fee of up to RM200 should there be transportation charges incurred for admission to the hospital due to accidental causes within the car park compound. Chief Executive Officer of TNG Digital Sdn Bhd, Alan Ni said:

“We are pleased to introduce our latest insurance/takaful product on GOprotect, which provides personal accident insurance/takaful protection for our users who use the Touch ‘n Go card for payment at parking sites. ParkInsure is unique in the sense that it is a value-added service of the Touch ‘n Go card, expanding its utility beyond mobility purposes such as parking, transit and tolls.”

Once subscribed, you can file your claims through the 24/7 insurers’ claim hotline. You can also keep track of the policies/certificates through the “My Policies” tab on your eWallet app. Hopefully, more initiatives like this will arrive in the future.

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