KUALA LUMPUR: Berjaya Sompo Insurance Bhd is joining in the mileage-based motor insurance coverage with its Sompo MotorSafe product that appeals to low mileage drivers.
Pacific & Orient Insurance Co Bhd pioneered the concept of "drive less, pay less" comprehensive insurance with its Promilej product in April 2020.
Like Pacific & Orient, Berjaya Sompo also offers the same 3-tier mileage plans of up to 5,000 km, up to 10,000 km and up to 15,000 km.
Customers can top up to the next available plan or full-mileage plan if they are about to exceed the chosen mileage.
"With Sompo Motorsafe, we have designed a policy that allows customers to choose a coverage according to their mileage needs at the discounted premium rates while still enjoying comprehensive protection," said Berjaya Sompo CEO Tan Sek Kee.
"By using telematics technology, we are able to safeguard our customers' driving journeys without them having to face any financial difficulties."
However, unlike ProMilej, Berjaya Sompo's product comes with a twist.
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Each Sompo MotorSafe policy makes use of a Bluetooth-enabled, battery-powered Sompo Tag paired with a Sompo MotorSafe app to track the vehicle's mileage use as well as provide safety assistance.
If the car breaks down or during an emergency, the driver simply needs to hold down the button for 2 seconds, and the Sompo helpline will call the driver to provide assistance, named bCall and eCall respectively.
Additionally, the Sompo Tag is equipped with an automatic Driver Recognition system which can detect severe crashes via your smartphone. To instil good driving practice, the insured driver will also receive real-time friendly "beeping" alerts should he or she text and drive.
The Sompo MotorSafe app also has a feature to remind policyholders to top up their mileage plan.
Sompo MotorSafe covers loss or damage to the vehicle due to accident, fire and theft, third-party injury, death, or property damage if travelled within the chosen mileage. Other benefits under the policy include Sompo 24-Hour Rakan auto assist, Sompo repair warranty of 12 months, all-drivers cover, and special perils coverage.
