Kuala Lumpur, Malaysia – Allianz Life Insurance Malaysia Berhad has unveiled its latest offering, Allianz EliteChoice, a comprehensive life and health insurance plan tailored specifically for small and medium enterprises (SMEs).
The plan is designed for businesses with 3 to 350 employees and provides extensive coverage that includes both life and health benefits.
Key features of Allianz EliteChoice include group hospitalisation and surgical (GHS) coverage with a room and board limit of up to MYR600, as well as an overall annual limit of up to MYR500,000. It also covers in-patient mental illness treatment and genomic testing for cancer. Additional options for outpatient clinical and dental services are available.
The insurance plan further offers group term life coverage, which includes protection for death, total and permanent disability, partial and permanent disability, and accidental death and disablement.
To enhance the plan’s coverage, optional riders are available, providing added protection for critical illness, accelerated and additional benefits, and repatriation of mortal remains.
“This product provides a comprehensive range of benefits at an affordable price, offering peace of mind for both employers and employees,” said Charles Ong, CEO of Allianz Life Insurance Malaysia Berhad.
With Allianz EliteChoice, Allianz Life aims to deliver essential life and health protection to Malaysia’s growing SME sector.
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