Should You Get An Electric Car in Malaysia?

Should You Get An Electric Car in Malaysia?

 

Electric Car in Malaysia

These days, many people are trying to save the Earth and prevent global warming. Thus, the invention of electric cars! In countries such as Europe and China, electric cars are pretty popular.

In Malaysia, it’s no exception how they are slowly getting popular too. With that being said, if you’re thinking of owning an electric car in Malaysia, read on to find out everything you need to know about it!

What is an electric car?

Electric cars are automatic vehicles that use electric motor power to function. The electric car does not use diesel or petrol engines nor do they have gears. Electric cars are all automatic. If you’re thinking of buying an electric car in Malaysia, it’s pretty much the same here as well. 

How does an electric car work?

Electric cars take electricity from a charging point and store electricity in rechargeable batteries which go to the electric motor. This is how the wheels are turned. The rest of the electrical parts of the car will work together to enable the car to function.

The different types of electric cars in Malaysia

There are only three main types of electric cars in Malaysia which are:

Plug-in hybrid electric vehicle (PHEV)

These types of electric cars are made with an electric drive motor, battery, and internal combustion engine (ICE). The car is able to be driven with either the electric drive motor or ICE, or both of them. Once the electric battery reaches its capacity, the car can be driven in hybrid mode (no range limitation). 

Battery-electric vehicle (BEV)

This means that the electric car is 100% powered by electricity, nothing else. It can only be charged with a charge point.

Extended-range electric vehicle (E-REV)

The E-REV is another type of plug-in hybrid, except the E-REV cars, come with an extra small diesel or petrol generator. Most of the time the electric motor will take over while the ICE takes over once the battery dies off.

Benefits of an electric car

1. Better for the environment

The main reason why electric cars were developed in the first place is to tackle the issue of carbon emissions emitted by gas-powered cars. Electric cars are battery-operated using only pure electricity, Therefore, no gas is emitted through the exhaust pipes.

2. Overall costs are cheaper

Maintaining an electric car is much cheaper because there is no need to change the oil or change mechanical components. Gas-powered cars require regular maintenance to change the engine oil.

3. Better safety features

Since electric cars don’t have gas, when an accident occurs, the chance of the car catching fire or exploding will be close to none. Electric cars will immediately cut the electrical supply of the battery.

4. Smoother drive

Normal gas-powered cars are either manual or automatic, but with electric cars, all of them are automatic. You won’t face the common problem of stalling like you would with manual cars.

In terms of the brake process, normal cars will release frictional heat from braking, which is a waste of kinetic energy. The energy that gets released in electric cars from braking gets transferred to charge the car’s batteries instead.

Cons of an electric car

1. Not many charging stations around

Unlike other countries such as Europe or China, owning electric cars in Malaysia may be somewhat of an inconvenience when it comes to charging them. It can be hard to look for charging stations in every part of the country. To date, there are about 300 charging stations under ChargEV network.

2. Upfront costs are quite steep

As the options for electric cars are quite limited, the price range for most electric cars is around RM100,000 and above. If you wish to buy your own electric car charges, it might cost up to RM10,000. Essentially, the upfront costs will be more expensive than buying an affordable normal gas car.

3. Car service may be limited

Not all car service workshops are familiar with servicing electric cars. Although electric cars require less maintenance, it still requires regular servicing. Your best bet would be to send it to the official service centre of your electric car.

4. Might take a long to charge

Unlike gas cars which take less than 10 minutes to pump petrol, charging an electric car could possibly take up to 8 hours. However, certain charging stations which offer fast charging may take 30 minutes, but again this is considered quite long in comparison with pumping petrol. Hence why you need to plan your drive properly just in case your car runs out of battery.

Available Electric Cars in Malaysia

As electric cars in Malaysia are still relatively new, here are some of the common models available as of date:

  • Hyundai Kona Electric
  • MINI Cooper SE
  • Volvo XC40 Recharge Pure Electric
  • BMW iX3
  • Porsche Taycan
  • Mazda MX-30
  • Renault Zoe
  • Mercedes-Benz EQS

Electric Car Insurance

If you own an electric car in Malaysia, you don’t have to worry about car insurance as most insurance providers such as Etiqa as well as RHB offer insurance and takaful coverage.

In fact, Etiqa even offers insurance and takaful coverage for electric vehicle (EV) home charges. This can be added on to your Etiqa private car insurance. It includes reimbursements for up to RM12,000 to repair or replace the EV home charger. This is during an event of damage or loss due to fire, lightning, explosion, theft, natural disasters or overflowing/bursting of water pipes or tanks.

Summary

When you compare the pros and cons of owning electric cars in Malaysia, ideally it all depends on your budget since the initial costs are quite high. So if you have no financial problems, getting an electric car would be ideal! Plus, if you care about the environment, you’ll find joy in helping the environment by reducing carbon emissions.

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Fatberry is a comprehensive platform with a wide range of car insurance in Malaysia where you can buy your preferred car insurance online instantly. You can choose from the available insurance brands and select the plans that suit your needs as well as requirements.

*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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How To Claim Covid-19 Insurance?

How To Claim Covid-19 Insurance?

HOW TO CLAIM COVID-19 INSURANCE WITH FATBERRY

STEP 1 Seek medical treatment from a qualified and certified Physician

STEP 2 Duly completed claim form together with the supporting documents to Fatberry

STEP 3 Submit filled-up forms to Fatberry at customer.service@fatberry.com

DOCUMENTS REQUIRED 

  1. Click to Download – Claim form & E-Payment form 
    EXAMPLE
  2. PCR/RTK Test Report (positive) approved by a physician or doctor.
  3. Insured IC copy
  4. Click to Download – Questionnaire
    EXAMPLE
  1. Click to Download – Claim Form
    EXAMPLE
  2. Must be a PCR test report (positive)
  3. Screenshot of MySejahtera (HSO) (sample)

If you have further enquiries, please reach out to us at +601126128112 or customer.service@fatberry.com

RHB Medical Insurance FAQ

RHB Medical Insurance FAQ

What is Medical Insurance?
Medical Insurance provides for hospitalization and surgical expenses incurred due to accidents or illnesses covered under the policy.

How does renewal work?
The policy is renewable at the option of the Policyholder. If there is no claim incurred in the first year of policy inception, we will not impose any exclusion upon you on the subsequent renewal in the later years. The renewal premiums payable is not guaranteed and it is subject to age banding and portfolio premium revision. If there are claims incurred within the first year of policy inception, you would still qualify for the renewal, subject to exclusions or premium increases.

Who is eligible?
The policy shall cover eligible persons between the age of 30 days to 70 years, renewable up to 100 years. Your policy may cover your spouse and dependent children subject to the following:
i. A legally married spouse aged below 70 years old at the time of first inclusion. Once included, the spouse may continue to be included up to the age of 100 years.
ii. Unmarried children between 30 days and 19 years old. For dependent children who are full-time students of institutions of higher education, the age limit is 23 years old.

What are the cover / benefits?
HOSPITAL BENEFITS
1) Hospital Room & Board (up to 200 days)
2) Intensive Care Unit (Up to 200 days)
3) Hospital Supplies & Services
4) Operating Theatre

SURGICAL & MEDICAL BENEFITS
1) Pre-Hospital Diagnostics Test (incl Medicines / Drugs)
2) Pre-Hospital Specialist Consultant (incl Medicines / Drugs)
3) Second Surgical Opinion (incl Medicines / Drugs)
4) Surgical Fees
5) Anesthetist’s Fees
6) In-Hospital Physician Visit
7) Post-Hospitalization Treatment
8) Organ Transplant

OUT-PATIENT BENEFITS
1) Emergency Accident Out-Patient Treatment
2) Out-Patient Physiotherapy Treatment
3) Annual Out-Patient Kidney Dialysis Treatment
4) Annual Out-Patient Cancer Treatment

OTHER BENEFITS
1) Protheses / Wheelchair Benefit
2) Home Nursing Care
3) Daily Cash Allowance at Government Hospital
4) Insured Child’s aily Guardian Benefit
5) Ambulance Fees
6) Medical Report Fees
7) Blood & Plasma
8) ID Band & Registration Fees”

Is this a Non-Cashless or Cashless Plan?
This is a Cashless Plan. You will be given a Medical card to facilitate admission to panel hospitals without the need to pay upfront

What is a Deductible Programme?
This option allows you to pay a fraction of the entire annual premium but you need to settle the first RM5,000, RM10,000, RM20,000, RM30,000, RM50,000 or RM100,000 (as per your choice) of eligible expenses on your medical bills. This benefit is especially good if you already have a Hospitalisation and Surgical Insurance policy.

How long is the waiting period?
The eligibility for benefits under the policy will only start 30 days after the Effective Date of the Policy.

Claims Procedure
In the event of cashless admission, kindly contact Asia Assistance at 03–7628 3777 or 03–7841 5777. In the event of claims, kindly contact RHB Insurance

Importance of Keeping the Official Receipt Claims Procedure
After the premium has been paid, please make sure you have been given an Official Receipt as a proof of payment. You are strongly advised to keep the Official Receipt for any future references.

What are the major exclusions under this policy?
a) Pre-existing illness
b) Specified illness occurring during the first 120 days of continuous cover. (Hypertension, Diabetes mellitus, Cardiovascular disease, Tumours, Cancers, Cysts, Nodules, Polyps, Stones of in the urinary and biliary system, Ear, Nose (including sinuses) and Throat conditions, Hernias, Haemorrhoids, Fistulae, Hydrocele, Varicocele, Endometriosis including disease of the Reproduction system, Vertebro-spinal disorders (including disc) and Knee conditions.)
c) Any medical or physical conditions arising within the first 30 days of the Insured Person’s cover or date of reinstatement whichever is latest except for accidental injuries.
d) Plastic/Cosmetic surgery, circumcision, eye examination, glasses and refraction or surgical correction of nearsightedness (Radial Keratotomy) and the use or acquisition of external prosthetic appliances or devices such as artificial limbs, hearing aids, implanted pacemakers and prescriptions thereof.
e) Dental conditions including dental treatment or oral surgery except as necessitated by Accidental injuries to sound natural teeth occurring wholly during the Period of Insurance
f) Private nursing, rest cures or sanitaria care, illegal drugs, intoxication, sterilization, venereal disease and its sequelae, AIDS (Acquired Immune Deficiency Syndrome) or ARC (AIDS Related Complex) and HIV (Human Immunodeficiency Virus) related diseases except the infection of HIV arose as a result of blood transfusion, and any communicable diseases requiring quarantine by law.
g) Any treatment or surgical operation for congenital abnormalities or deformities including hereditary conditions
h) Pregnancy, childbirth (including surgical delivery), miscarriage, abortion and prenatal or postnatal care and surgical, mechanical or chemical contraceptive methods of birth control or treatment pertaining to infertility. Erectile dysfunction and tests or treatment related to impotence or Sterilization.
i) Hospitalization primarily for investigatory purposes, diagnosis, X-ray examination, general physical or medical examinations, not incidental to treatment or diagnosis of a covered Disability or any treatment which is not Medically Necessary and any preventive treatments, preventive medicines or examinations carried out by a Physician, and treatments specifically for weight reduction or gain.
j) Suicide, attempted suicide or intentionally self-inflicted injury while sane or insane.
k) War or any act of war, declared or undeclared, criminal or terrorist activities, active duty in any armed forces, direct participation in strikes, riots and civil commotion or insurrection.
l) Ionising radiation or contamination by radioactivity from any nuclear fuel or nuclear waste from the process of nuclear fission or from any nuclear weapons material
m) Expenses incurred for the donation of any body organ by an Insured Person and costs of acquisition of the organ including all costs incurred by the donor during organ transplant and its complications.
n) Investigation and treatment of sleep and snoring disorders, hormone replacement therapy and alternative therapy such as treatment, medical service or supplies, including but not limited to chiropractic services, acupuncture, acupressure, reflexology, bone setting, herbalist treatment, massage or aromatherapy or other alternative treatment.
o) Care or treatment for which payment is not required or to the extent which is payable by any other insurance or indemnity covering the Insured and Disabilities arising out of duties of employment or profession that is covered under a Workman’s Compensation Insurance Contract.
p) Psychotic, mental, or nervous disorders, (including any neuroses and their physiological or psychosomatic manifestations)
q) Cost/expenses of services of a non-medical nature, such as television, telephones, telex services, radios or similar facilities, admission kit/pack and other ineligible non-medical items.
r) Sickness or Injuring arising from racing of any kind (except foot racing), hazardous sports such as but not limited to skydiving, water skiing, underwater activities requiring breathing apparatus, winter sports, professional sports and illegal activities.
s) Private flying other than as a fare-paying passenger in any commercial scheduled airlines licensed to carry passengers over established routes.
t) Expenses incurred for sex changes
Note: This is non-exhaustive. Please refer to policy documents for full details

Can I cancel my policy?
You may cancel your policy by giving a written notice to the insurance company. Upon cancellation, you are entitled to a partial refund of the premium provided that you have not made a claim on the policy.

Period not Exceeding Refund of Annual Premium
15 days (applicable to renewal only) 90%
1 month 80%
2 months 70%
3 months 60%
4 months 50%
5 months 40%
6 months 30%
7 months 25%
8 months 20%
9 months 15%
10 months 10%
11 months 5%
Period exceeding 11 months No refund

What do I need to do if there are changes to my contact details?
It is important that you inform us of any changes in your contact details to ensure all correspondence reaches you in a timely manner. You can reach us at customer.service@fatberry.com or +6011 2612 8112

 

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Khairat Care FAQ

Frequently Asked Questions

What is Khairat Care?

Khairat Care is designed to reimburse the charges incurred for Funeral expenses incurred when the insured passes away.

I have a pre-existing condition. Can I buy this?

A Person Covered may be considered to have reasonable knowledge of a pre-existing condition where the condition is one for: –

  • which existed or developed prior to the commencement date of coverage; or
  • where there exists manifestation of illnesses prior to the commencement date of coverage; or
  • which based on normal medically accepted pathological development of the illness, such illness would have existed prior to the commencement date of the coverage

No Benefit shall be payable if the death is due to a Pre-Existing Condition unless at the time of death, the Person Covered has been covered for more than twelve (12) months from the Master Certificate Commencement Date and the Person Covered has duly disclosed such Pre-Existing Condition and has been fully underwritten and accepted in writing by the Takaful Operator prior to the inception of the Takaful coverage.

How long am I covered for?

This coverage plan is auto-renew yearly until 70 Years Old.

What if I fail to renew my Coverage on time?

We give a grace period of 30 Days from the date of expiry for renewal, at which point your coverage will continue from the date of expiry until the next renewal period. If you fail to renew your coverage within the grace period, then your coverage will be cancelled and you will have to apply for a new coverage plan and all benefits will be reset.

How does my Nominated Beneficiary make this Claim?

Your Nominated Beneficiary must fill in the claim form at https://member.carewise.my/khairat-claim, within 90 days and provide the following supporting documents as per required:

  • Copy of NRIC of Person Covered
  • Copy of NRIC of Claimant
  • Certificate of Death of Person Covered
  • Burial Certificate of Person Covered
Claim Form

What happens if someone other than my Nominated Beneficiary makes this Claim?

In the event that someone other than the Nominated Beneficiary makes this Claim, CareWise will do due diligence in contacting the Nominated Beneficiary and seek approval to release the Claim to the Claimant.

Who is eligible?

  • Malaysian Citizens (this product is not available for Non-Malaysians and / or Permanent Residents of Malaysia)
  • Aged between 18 – 65 Years Old
  • Free of HIV, AIDS and/or any AIDS related diseases

What are the Exclusions for Khairat Care?

No Funeral Expense benefit shall be payable if death results directly or indirectly from:

  • whether sane or insane commit suicide within one (1) year from the date of inception of the Certificate; or
  • HIV infection, AIDS or any AIDS related complex unless the death arose as a result of blood transfusion or occupationally acquired

When does my coverage start?

Your coverage date will start from the date of Payment Made.

Can I cancel my Khairat Care plan?

We do not allow cancellation for the covered year.

How long to receive the claim?

Upon review and approval of the claim, CareWise will release the covered amount in two tranches:

  • First Tranche: RM1,500.00 within One (1) Business Day
  • Second Tranche: The remaining balance within Thirty (30) Business Days

Can I change my Nominated Beneficiary?

Yes, to change your Nominated Beneficiary, please email the request to hi@carewise.my

RHB Car Insurance 2022: Plans, Benefits & More!

RHB Car Insurance 2022: Plans, Benefits & More!

RHB Car Insurance

RHB has been in the banking industry for many years, making them one of the top banks in Malaysia and all across ASEAN. Founded in 1994, RHB is the fourth largest fully integrated financial services group in Malaysia. Other than insurance, RHB also has up to 6 other core businesses.

RHB Car Insurance Plans

Currently, RHB only offers one type of RHB Car Insurance plan.

RHB Private Car Insurance

What’s Included In RHB Private Car Insurance

  • Free towing up to RM300. You only need to pay up to RM300 per breakdown. Your vehicle will be taken to the preferred or panel repair workshop.
  • Offers NCD (No Claim Discount). 1st Renewal Year – 25%, 2nd Renewal Year – 30%, 3rd Renewal Year – 38.33%, 4th Renewal Year – 45%, 5th & subsequent Renewal Year – 55%.
  • Wide coverage for your vehicle. You’ll be protected for any damage or loss to your car such as theft, fire, impact damage, accident and malicious acts. That way, you can drive without any worries or stress.
  • Third-party liability coverage. You’ll be protected with unlimited liability against death or bodily injury caused by a third party. There is a RM3 million liability limit for any third party property loss or damage.
  • Claims are easy. You don’t need to have proof of liability to make your claims. Whether it is the fault of an authorised driver or co-driver, you’ll still get paid.

Available Premiums/Adds-ons for RHB Private Car Insurance

You may opt for these premiums/add-ons along with your RHB Private Car Insurance plan:

  • Protection against natural disasters such as typhoons, floods, storms, hurricanes, earthquakes, and so on.
  • Spray your vehicle with full body painting
  • Repair & replacement of windscreen
  • Unlimited towing services for breakdowns (Non-Tariff)

Benefits of Buying RHB Car Insurance

RHB Banking Group is a well-known banking company that offers a wide range of financial services. WIthout a doubt, the RHB Car Insurance does not disappoint! Here are some of the reasons why you should buy RHB Car Insurance:

Fast & Efficient Customer Service. RHB prioritises their customers. You don’t have to wait long to get yourself a car insurance plan. All you need to do is let them know your details and you can purchase car insurance with ease.

Exceptional recognition. Throughout the years, RHB has won multiple awards and been rewarded for various achievements. That makes them a reputable banking company that customers can trust.

Easy to locate anywhere. RHB is widely known all across Malaysia. This means you can easily head to any of their physical outlets should you require further information regarding the RHB car insurance plans. If you encounter any problem applying online, they are able to assist you at any physical RHB bank outlets.

Benefits of buying RHB Car Insurance with Fatberry

1. Get an instant quote

With Fatberry, you can get an instant quote within 3 minutes. So you don’t have to waste time waiting for the sales representative of RHB to contact you through phone call or email. Plus, it’s 100% free to receive a quote from Fatberry.

2. Lowest prices in the market

Here at Fatberry, we take pride in ensuring we only offer the lowest prices around. You don’t have to worry about paying a hefty amount for your car insurance as you’ll be given the lowest prices.

Not convinced? No worries – you will get a refund if you managed to see prices lower than ours on other websites. Just be sure to screenshot and show us proof! Then, we’ll give you back the difference within 7 working days.

3. Compare various insurance brands easily

On Fatberry’s platform, you can compare and go through up to 16 different insurance brands in Malaysia. In just a single page, you can compare the benefits and prices of all the available insurance plans. Don’t worry – it’s not complicated! You just need to perform a few clicks and you can compare them with ease.

How RHB Car Insurance Claim works

To make a claim for your RHB car insurance when you encounter an accident, here are the steps you’ll need to take:

1. Remember to stay calm and don’t panic!

2. Get the name and address of the drivers involved in the accident. You’ll also have to take note of the driver’s license numbers, model & registration number of all vehicles, as well as the names and addresses of any witness involved.

3. Make a police report in less than 24 hours once the accident occured. Immediately notify RHB.

4. You can opt for a third party claim or your own damage claim if the damaged vehicle is yours. If you opt for your own damage claim, be sure to request for additional assistance from RHB.

5. Once that’s done, you can go to any of the panel workshops listed under RHB insurance. You may not be able to make your claims if you send to a workshop that is not under the panel workshop list.

What you need for RHB Car Insurance Claim

You’ll need to get ready the following documents as follows:

Total Loss Claim

  • 2 copies of form JPJ k3 duty signed rubber stamped
  • Police report (original copy)
  • Completed claim form
  • A copy of policyholder’s as well as driver’s identification card and driving license
  • Borang 9 (Certified Copy) – Memorandum of Business Registration
  • A complete full set of keys to the vehicle
  • Insurance & Insurance Policy (Original Certificate)
  • Signed registration card (Original Copy)
  • All the necessary photos of the damages & scenes at the accident
  • Letter of subrogation and discharge (must be signed by Hire Purchase Owner and Insured)
  • Current outstanding statement from Hire Purchase owner
  • Release letter (Original copy) from Hire Purchase owner

Own Damage Claims

  • Police report (original copy)
  • Completed claim form
  • A copy of policyholder’s as well as driver’s identification card and driving license
  • A copy of vehicle ownership certificate
  • All the necessary photos of the damages & scenes at the accident
  • A copy of Road Tax Disc

Theft Claims

  • 2 copies of form JPJ k3 duty signed rubber stamped
  • Police report (original copy)
  • Completed claim form
  • A copy of policyholder’s as well as driver’s identification card and driving license
  • Borang 9 (Certified Copy) – Memorandum of Business Registration
  • A complete full set of keys to the vehicle
  • Insurance & Insurance Policy (Original Certificate)
  • Signed registration card (Original Copy)
  • All the necessary photos of the damages & scenes at the accident
  • Letter of subrogation and discharge (must be signed by Hire Purchase Owner and Insured)
  • Current outstanding statement from Hire Purchase owner
  • Release letter (Original copy) from Hire Purchase owner

Common F.A.Q for RHB Car Insurance

1. How do I make a purchase online if I wish to go for RHB car insurance?

Purchasing RHB car insurance online is super simple with Fatberry! You’ll be required to provide them with your personal details. Then, you’ll receive several quotes whereby you can choose the one that is within your budget. Once that’s done, make your payment and then you can get the RHB car insurance immediately!

2. How do I know whether RHB Car Insurance is for me?

We advise you to go through all of the available car insurance plans before going ahead with your purchase. Compare each of the car insurance benefits and prices. If you need additional help, the friendly team at Fatberry will be able to assist you!

3. What are the rates of RHB Car Insurance?

To get an instant quote, simply reach out to the friendly team at Fatberry!

4. How do I contact RHB Car Insurance?

If you have questions regarding the RHB car insurance plan, you can simply contact RHB directly at 03-92068118 or send them an email to customer.service@rhbgroup.com.

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Fatberry is a comprehensive platform with a wide range of car insurance in Malaysia where you can buy your preferred car insurance online instantly. You can choose from the available insurance brands and select the plans that suit your needs as well as requirements.

*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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