PolicyStreet pitches free road tax for selected Proton and Perodua models

KUALA LUMPUR: PolicyStreet is offering owners of Perodua Axia and Bezza as well as Proton Saga and Iruz free road tax when they renew their car insurance through its car insurance renewal platform.

This offer is valid until Feb 28.

The promotion is an extension of the company's existing promotion, offering Malaysians up to 70% in discounts for road tax.

In addition, PolicyStreet is offering a 0% interest Easy Payment Plan, allowing customers to pay for their car insurance in 3, 6, or 12-month instalments with credit cards from nine participating banks, including Maybank, CIMB Bank, and Public Bank.

This flexible payment option aims to ease the financial burden on Malaysians while ensuring they remain protected amid rising insurance premiums.

This latest initiative is part of the company's broader efforts to drive change in the insurance industry by making coverage more purposeful and simple for Malaysians, it said.

As part of its mission to close the protection gap, PolicyStreet partners with industry leaders such as Shopee, foodpanda, and Carsome to embed new-to-market insurance products into their ecosystems. These include micro-policies tailored for gig workers and customised SME packages, all designed to be affordable and accessible.

PolicyStreet is a regional full-stack insurance technology (insurtech) group of companies providing digital insurance solutions to businesses and consumers in Southeast Asia and Australia.

PolicyStreet works directly with over 40 life, general, and Takaful providers globally to offer a comprehensive range of products and services, which includes but is not limited to embedded insurance, customised employee benefits, financial advisory and aggregation of insurance, as well as the development of digital insurance solutions.