Fatberry Offers Zero-Interest Keluarga Malaysia Vehicle Insurance Financing Scheme Up To 10-Months Installment

Permanent employees, consultants and contractors with the federal government of Malaysia will be able to purchase insurance coverage on their personal vehicles through the Keluarga Malaysia Vehicle Insurance Financing scheme, according to Dato Sri Ismail Sabri, Prime Minister of Malaysia. Ismail Sabri noted that this change will benefit some 1.6 million Malaysians and make insurance coverage more affordable and accessible, especially given current economic circumstances in Malaysia.

Keluarga Malaysia Vehicle Insurance Financing programme for civil servants launched

The Keluarga Malaysia Vehicle Insurance Financing programme was launched on the 5th of July in conjunction with the National Day celebrations. Ismail Sabri said that this is a boon for civil servants and their families as it covers all vehicles used by the civil servants and their family members including those owned by children. Coverage includes up to RM500,000 for death or permanent disability, personal injury coverage up to RM500,000 and vehicle damage coverage up to RM100,000 for private use vehicles used by Government Servants as well as their family members.

Who are eligible for the insurance?

The Keluarga Malaysia Vehicle Insurance Financing scheme is set to benefit some 1.6 million civil servants, permanent and contracted. Ismail Sabri noted that the Keluarga Malaysia Vehicle Insurance Financing programme will be expanded to GLCs, GLICs and private sector.

How does it work?

The Keluarga Malaysia Vehicle Financing programme works by providing a zero interest monthly loan for civil servants who need financing for a car insurance. There is no down payment and customers can have the option of paying the installment with salary deductions or using their credit card for monthly installments. Fatbrry is current working with MyEzyCover to offer the most affordable takaful premiums in Malaysia, which makes it an ideal choice for car buyers looking to take advantage of this financing scheme. MyEzyCover has also teamed up with Keluarga Malaysia Auto Care Centre – a government-owned company that sells cars at discounted rates to help provide people with low income options when it comes to getting their first set of wheels or upgrading their current vehicle.

Major Flood Prediction in Nov 2022 – Is Your Car Insured Sufficiently?

The Malaysian Meteorological Department has just issued an alert about heavy rains in the central and northern regions of Malaysia in late November. This weather pattern, driven by monsoon winds from the Philippines, could result in major floods by November 22nd or 23rd if not managed properly by local authorities and state disaster response agencies. If you own a car in Kuala Lumpur, make sure it’s insured against flooding and special perils so you don’t suffer financial losses from this predicted event!

Check The Flood Coverage On Your Motor Insurance

It’s been predicted that major floods are coming to Kuala Lumpur by the end of November. However, have you checked to see if your car insurance includes coverage for floods? You should contact your agent and find out what is included in your policy so you can make a more informed decision about flood risks and act accordingly.

If you have purchased motor insurance with Fatberry, feel free to contact us at +601126128112 to check on your flood coverage.

How Much Does Flood Coverage Cost?

Flood coverage can range anywhere from 0.2% to 0.5% of your vehicle’s sum insured, depending on how comprehensive the plan is and how likely it is that flooding could be an issue in your area. Different insurance company has different tariff on flood coverage rates. The good news is that flood coverage typically only costs a small investment. This would mean if you drive a Perodua Myvi 1.3 the flood coverage will cost between RM 27 and RM 72 per year.

Furthermore, an insurance company might refuse to provide flood coverage during the event of heavy flooding.

Save Yourself From The Hefty Repair Cost

The secret to avoiding expensive car repairs from flood damage is by making a small investment in flood insurance. For example, a driving institute in Taman Sri Muda faced a hefty repair bill of around RM 350,000 following the flash flood on 18 December 2021. In total, the residents of Taman Sri Muda suffered a staggering loss of RM3.7m due to the flood. Imagine all the repair costs without coverage of insurance!

Paying a small monthly fee for the next year is just enough to give you peace of mind and allow you to avoid the costly cost of repairs caused by flooding. These days, it’s hard to predict which area might be submerged in water, so don’t wait until it’s too late!

Road Sign in Malaysia: 6 Types Of Signs You Need To Know

Road Sign in Malaysia: 6 Types Of Signs You Need To Know

Road Sign in Malaysia

While driving in Malaysia, without a doubt you’ll come across several road signs. You probably also notice how they come in different colours, symbols and shapes. If you have no idea what some of these road signs mean, read on to find out!

See Also: Fatberry’s Comprehensive Guide To Buying The Best Car Insurance

What are road signs?

Road signs are arranged and placed along the roads where drivers or pedestrians are supposed to obey them or refer to them. Other than stating the rules, road signs also provide useful information about the city or area as well as directions to prevent anyone from getting lost.

These road signs usually consist of a few consistent colours, shapes and symbols. In order to prevent confusion, there isn’t a wide variety of them.

Why do we need to know all the road signs in Malaysia?

There have to be rules when it comes to driving on the road for the sake of the safety and well-being of everyone. Imagine a world where there are no rules on the road – it can get chaotic!

The road signs are also made to manage the overall traffic flow so that there won’t be heavy traffic and prevent accidents from happening. With road signs, pedestrians and cyclists are able to wander about on the road while being safe.

What happens if we don’t obey the road signs?

For certain road signs such as prohibited signs, you might be fined or thrown into jail.

Type of Road Sign in Malaysia #1: Warning Signs

 
Road sign in Malaysia
Warning signs are usually yellow and are diamond in shape. The meaning of warning signs is to warn drivers against certain road conditions up ahead.

For instance, drivers are required to slow down upon seeing road signs such as Steep road or Slippery winding.

Junction road signs are when drivers are required to signal before making a turn. Stop signs are one of the common road signs in Malaysia as well that requires drivers to stop their cars for those who are either blind, disabled or school children.

Type of Road Sign in Malaysia #2: Prohibited Signs

 
Road sign in Malaysia
Prohibited signs are usually in red colour with a white background. Sometimes, these road signs can be in yellow or blue backgrounds. Drivers are required to obey these types of road signs. If not, they could face several consequences.

For example, some of the common prohibited road signs would be weight, height or width limits that will be placed just before a tunnel or car parks that are underground. Hence why certain lorries can’t enter certain tunnels because they could potentially get stuck.

Type of Road Sign in Malaysia #3: Guide Signs

Guide signs are either in blue, green, white, brown or yellow. These types of road signs in Malaysia involve direction or a particular distance to a road, tourist attraction, highways or expressways as well as to a certain direction.

For instance, the road signs in blue background are used on state roads, federal roads and municipal roads while the ones in green background are regularly used on highways or toll expressways.

Type of Road Sign in Malaysia #4: Information Signs

 
Road sign in Malaysia
Information signs are everywhere – they can be in blue, white, brown, yellow, red or green. These types of road signs are providing general or extra information about the road.

The road signs which are white pictograms and in green backgrounds are usually placed on highways. For instance, historical buildings or tourist attractions that are nearby, the road that’s linked, and public amenities such as police stations, hospitals or petrol stations.

Type of Road Sign in Malaysia #5: Temporary Signs

Temporary signs are usually in orange and black while being in diamond or rectangular shapes. These types of road signs in Malaysia are mainly used for road maintenance or if construction is going on.

Type of Road Sign in Malaysia #6: Speed Limit Signs

Road sign in Malaysia
Speed limit road signs vary in colour such as red, white, yellow and orange. This type of road sign is when drivers are required to follow as it shows the particular speed limit for the road.

The speed limits are to prevent potential accidents or mishaps from occurring. If a driver goes over the speed limit, it might cause the car to skid.

If drivers fail to follow the speed limit, they’ll be at risk of getting fined when caught by the police.

Helpful Information About Road Signs in Malaysia

1. The letter ‘E’ in road signs

You might not know that the letter ‘E’ represents a highway road while federal roads are only the ones with numbers.

2. Blue road signs are toll-free

Blue background road signs indicate that there are no tolls throughout the road as well.
Road sign in Malaysia
 

3. Tourist attractions are road signs in maroon

If you spot a road sign on the highways or roads with maroon backgrounds, it represents a certain tourist attraction.

4. Yellow text on green road signs

When you see road signs with green background and yellow text, it represents a government institution.

5. Length of distance is from top to bottom

 
Road sign in Malaysia
The road signs on highways and roads always start from the furthest destination (at the top) to the nearest destination (at the bottom).

6. White text on blue road signs

Those road signs with blue backgrounds and white text actually represent a certain area or city.

7. Mixture of numbers and letters

The road signs which have both numbers and letters in the yellow box on a blue background represent a state road.

8. Yellow text on blue road signs

The blue road signs that have yellow text on them are usually the name of a specific road.

9. Road signs that only have numbers

These road signs that have only numbers in yellow boxes on blue backgrounds represent federal roads.

Keep yourself safe with car insurance!

Now that you know and understand the road signs in Malaysia, you’ll also have to keep yourself safe and secure with car insurance. If you’re not sure which car insurance to get, compare your options with Fatberry and get a free quote! You can also renew your insurance or road tax with Fatberry in a few simple steps.

*The content provided is for informational purposes only. Fatberry makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. Should you require more information on our products, please refer to fatberry.com or contact us. 

 

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Best Car Insurance in Malaysia (2022)

Best Car Insurance in Malaysia (2022)

Best Car Insurance in Malaysia

Fatberry offers a convenient way to compare, customize and buy the best car insurance in Malaysia without having to physically interact with anyone. 

See Also: Fatberry’s Comprehensive Guide To Buying The Best Car Insurance

Available Car Insurance in Malaysia

At Fatberry, we have up to 17 car insurance providers in Malaysia where you can compare, customize and get an instant quote 24/7. Fatberry’s platform also offers only the best car insurance in Malaysia deals alongside the lowest premiums around.

Below are some of the key benefits for each car insurance provider: 

ALLIANZ FREE 24/7 towing up to 150km
FREE coverage for second drivers
FREE battery change service
E-hailing coverage provided
AMGENERAL FREE 24/7 towing up to 100km
FREE coverage for all drivers
FREE key care service up to RM500
AXA MALAYSIA 24/7 emergency roadside assistance
Nationwide access to preferred and panel workshops Windscreen coverage
Special perils add-ons
All Driver coverage option
Legal liability to passengers
BERJAYA SOMPO 24/7 emergency roadside assistance
Complimentary all drivers policy
0% Interest instalment plan up to 12 months
ETIQA 24/7 emergency hotline
CASHBACK if there are no claims
All authorised drivers automatically covered
ETIQA TAKAFUL FREE 24/7 towing up to 200km
FREE coverage for all drivers
CASHBACK if there are no claims
GREAT EASTERN GENERAL FREE 24-hour Emergency towing up to RM 300
FREE 1 Additional Driver
FREE 24-hour roadside assistance program
FREE 24-hour claim assistance
KURNIA 24/7 Towing Assistance – Breakdown & Accident (up to RM200)
24/7 Emergency Roadside Assistance
3 Years Warranty Period for Workmanship
LONPAC 24/7 Emergency Roadside & Breakdown Assistance)
FREE Towing Service Up To RM400 Per Event
FREE Cover for All Drivers
MPI GENERALI 24-hour breakdown and accident assistance
24-hour Nationwide Accident Towing
24-hour Customer Service Hotline
Emergency Battery Delivery
MSIG FREE 24-hour Emergency towing up to RM 300
FREE 1 Additional Driver
FREE 24-hour roadside assistance program
FREE 24-hour claim assistance
E-hailing coverage provided
RHB FREE 24/7 towing up to 200km
FREE 24/7 claim assistant
FREE fuel delivery service
SYARIKAT TAKAFUL MALAYSIA FREE 24/7 towing up to 50km
FREE coverage for all drivers
CASHBACK up to 7.5% if there are no claims
Nationwide workshop panel
Complimentary PA coverage of RM15000 for each driver and passenger
TOKIO MARINE FREE 24-hour Emergency towing up to RM 300
FREE 1 Additional Driver
FREE 24-hour roadside assistance program
FREE 24-hour claim assistance
TUNE PROTECT 24-hour Emergency Auto-Assist
Authorised Panel Workshop Guarantee
Nationwide Authorised Workshop (more than 300)
ZURICH FREE 24/7 towing up to 200km
FREE up to 3 registered Name Drivers
FREE jumpstart service
FREE battery change service
E-hailing coverage provided
ZURICH TAKAFUL FREE 24/7 towing up to 200km
FREE up to 3 registered Name Drivers
FREE jumpstart service
FREE battery change service
E-hailing coverage provided

Why Choose Fatberry?

Available 24/7

You can buy, customize and compare the best car insurance in Malaysia at your own convenience for FREE. It doesn’t matter what time or day it is, you can get an instant quote within 3 simple steps.

Lowest Price Guarantee

We at Fatberry only offer the best deals in the market where you can save up to RM500. You won’t find it difficult to get the best price for each car insurance provider as you can compare with ease.

Registered & Licensed Insurance Agent

Rest assured, it’s absolutely safe to renew or purchase car insurance from Fatberry as we are a registered and licensed insurance agent.

Frequently Asked Questions Regarding Car Insurance in Malaysia

1. What is car insurance?

Car insurance is a motor or auto insurance signed contract between the driver and the insurance company. The driver is required to pay a certain fee every year. The insurance company will take care of all your finances when it comes to any damage or loss encountered during an accident. You’ll be required to pay a fee every year to ensure the insurance company protects you financially.

2. Why do you need car insurance?

Car insurance helps to protect you financially if you encounter any accidents or mishaps that make you liable for another person’s damages or injuries. It also includes the medical bills if anyone gets injured, including yourself. This applies to the other driver that doesn’t have insurance. Besides, it’s also mandatory for all vehicle owners to have car insurance in Malaysia.

3. How does car insurance work in Malaysia?

Car insurance in Malaysia works similarly to other types of insurance. Essentially, you’ll have to pay a certain premium to the insurance company in order to receive assurance for specific losses. Let’s say something happens to you while on the road and you’ll probably encounter losses on your car, yourself, or even the third party or their car. With car insurance, you’ll be protected financially for all the costs.

4. What are the 3 types of car insurance?

There are 3 different types of car insurance in Malaysia you can choose from as stated below:

Type of Car Insurance in Malaysia #1: Third-party coverage

This type of car insurance is the most common one and is compulsory for all car owners to have. Basically, you will have protection in terms of payment when the other car is damaged during an accident. It’s considered cheap among the other two.

Type of Car Insurance in Malaysia #2: Third-party, fire & theft coverage

This type of car insurance protects your vehicles against fire or theft damages. For instance, if your car caught fire, was stolen, or broken into. The overall cost is average compared to the two.

Type of Car Insurance in Malaysia #3: Comprehensive coverage

For comprehensive coverage, as the name suggests, you will be able to claim your own vehicle damages as well as the other person’s repair costs. Additionally, your vehicles will be covered for fire or theft damages. As this is the most expensive compared to the other two, it’s commonly bought by those who own expensive cars.

5. What is not included in car insurance policies?

The common car insurance coverage will not include your own death or bodily injury that happens during a car accident. Aside from that, any damage or loss caused by nature won’t be included.

6. How much does car insurance cost in Malaysia?

There is no best car insurance in Malaysia as it ultimately depends on your budget as well as every insurance provider offers different features. However, you can compare yourself with Fatberry’s online platform to see which insurance provider suits you best.

7. What should I look for in car insurance in Malaysia?

Before choosing the best car insurance in Malaysia, there are several factors to consider:

Coverage

Take note of the kind of coverage every policy offers as some of them include certain features such as personal injury, collision, and so on.

Budget

Not everyone is able to afford car insurance in Malaysia. For each different insurance provider, there are different prices. Hence, know your budget before purchasing car insurance.

Available Workshops

Most insurance companies have a wide network of car workshops where you can repair your vehicles. It’s best to choose the insurance company which provides a large number of workshops under their network to make it easy to repair your vehicle.

Insurance Company

Before buying insurance, make sure you’ve done your research to ensure it’s a legitimate insurance company. Check out the customer reviews and see whether the insurance claims are accurate.

Buying Insurance Online

You’ll also have to consider whether you can buy the insurance online. For example, with Fatberry, you can compare, customize and buy insurance online from top insurance providers such as Allianz, AXA, Etiqa, and so on.

8. Who are the top five insurance companies in Malaysia?

Based on the majority of customer reviews, the top five insurance companies in Malaysia are Allianz, Etiqa, AXA, Tokio Marine, and MSIG. But bear in mind, if you’re looking for the best car insurance in Malaysia from these insurance companies, you should find one that suits your needs and requirements. 

9. What is full coverage car insurance?

Full coverage car insurance combines several coverage types such as property damage liability, bodily injury liability, collision coverage, and comprehensive coverage, to name a few.

10. What happens if you crash without insurance?

If you crash without insurance, you’ll be required to bear all of the financial burdens by yourself. You could possibly get sued as well based on the damage or injury.

11. Is driving without insurance illegal?

In Malaysia, yes, driving without insurance is illegal. All vehicle owners are required to have car insurance.

12. How to purchase or renew car insurance in Malaysia?

You can quickly purchase or renew car insurance on Fatberry! In just three steps, you can get a quote emailed to you.

Need more help with your car insurance? 

Are you looking to renew your car insurance online? Check for the best car insurance in Malaysia deals from Fatberry! For more helpful articles like this, check out our blog

*The content provided is for informational purposes only. Fatberry makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. Should you require more information on our products, please refer to fatberry.com or contact us. 

 

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Renew Your Car Insurance Now at Fatberry with PAYLATER Malaysia!

Renew Your Car Insurance Now at Fatberry with PAYLATER Malaysia!

 

Introducing PAYLATER Malaysia, the perfect option for hassle-free installments. Paying for your favorite insurance is now more affordable. PAYLATER Malaysia is a payment solution that enables you to “Buy Now, Pay Later” (BNPL). Amongst the benefits are:

  • Up to RM3,500 instant shopping limit 
  • Installment with debit or credit card
  • First checkout with only 25% payment
  • 4-months ZERO-FEE installments 
  • Flexible tenure (up to 24-months) *T&Cs apply
  • No maximum shopping amounts

Search for the desired insurance for your car and enjoy four months’ interest-free installments plus an RM50 instant rebate voucher if you check out with the PAYLATER Malaysia app.

Signing-up with PAYLATER Malaysia

 

You will have to sign up for a user account with PAYLATER Malaysia on a smartphone. Follow these steps to sign in:

Step 1 – Installing the PAYLATER Malaysia app. Download the app PAYLATER Malaysia in App Store (iOS), Google Play Apps (Android) or Huawei AppGallery

Step 2 – Complete the registration process and click Sign Up. 

Step 3 – Fill out the information and request a one-time password (OTP). 

Step 4 –  Key in your OTP to continue.

Step 5 –  Click START KYC to apply for the shopping limit. The shopping limit can be adjusted later. Take a selfie and click Scan Face. Next, take a photo of your NRIC (front and back) and click NEXT.

After that, you will receive a confirmation email.

Increase Shopping Limit

If your instant shopping  limit is lower than the price of insurance that you want to purchase, the limit can be increased by following the steps below:

Step 1 – Click on the PAYLATER Logo 

Step 2 – Click INCREASE LIMIT to apply a higher shopping limit

Step 3 – Enter the item name and price that you want to buy and click NEXT

Step 4 – Fill up the Information and click NEXT

Step 5 – Select your employment status and click NEXT

Step 6 – Upload your latest mandatory documents (payslip, utility bills, bank statement) and click NEXT

You can add another ONE MONTH PAYSLIP as a supporting document in the Optional Document section. Please ensure all the documents submitted are not password protected. All higher shopping limit applications are subjected to PAYLATER Malaysia terms and conditions for approval.

Also, please note that increasing the shopping limit will take about 1 – 3 working days to succeed.

You may also need to re-submit some documents due to incorrect submission or insufficient information.

Don’t Forget to Checkout with Your RM50 Instant Rebate Cash Voucher

In the checkout process, you will be redirected to the PAYLATER Malaysia app. Remember to select your RM50 VOUCHER at the checkout page. Please follow the instructions below to claim the voucher:

Step 1 – Check your purchase amount and installment plan. The user needs to select the RM50 VOUCHER from the Select Voucher section

Step 2 – Enter your 6 digits security PIN to proceed

Don’t Hesitate, Get Covered Now

For folks who need to plan their budget this month, the PAYLATER Malaysia app is the perfect solution for you. With zero-fee installment plans for up to 4-months, you can worry less about managing your monthly budget. Plus, with a cash rebate of up to RM50, you can buy your insurance at Fatberry and even save more money. If 4-months is not enough, you can always extend your installment tenure to the duration that you want! *T&Cs apply. 

Head over to Fatberry.com to get the best deal for your car insurance now and get the PAYLATER Malaysia vouchers while stock lasts!

Woohoo, RM1 Road Tax Promo Is Extended!

Woohoo, RM1 Road Tax Promo Is Extended!

It’s been 2 years since we’ve balik kampung for Hari Raya, but this year there is no more travel restrictions.  To celebrate finally being able to balik kampung for Hari Raya this year, Fatberry brought back the crowd’s favourite RM1 road tax deal and we're extending...