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Uni.Asia General Launches “SmartCover"
A personal accident insurance plan provides smart cover at the lowest cost


KUALA LUMPUR, 26th December 2007
- Uni.Asia General Insurance Berhad today announced the availability of a new Personal Accident Insurance product – SmartCover. This product is an important addition to Uni.Asia General’s existing suit of fix premium offerings as it starts with a flexible scheme with premium as low as 14 cents per day which allow consumers to top-up anytime in the future.

Consumers may not realise how likely it is that they may experience an accident, but according to the Ministry of Health Facts 2006, one in ten Malaysians sought medical attention for an accidental injury in a one year period. At the same time, they may also underestimate how expensive accidents can be.

“Given the many unexpected costs that can be incurred by just one accident, this product can offer important financial protection for consumers,” says Mohd Fauzi Yaakub, Chief Operating Officer of Uni.Asia General. “Consumers may not recognise all the costs that can be associated with accidents, which can include everything from corrective dental or cosmetic surgery to rehabilitation or hospital stays to traveling expenses incurred by your family members while visiting you when you are hospitalised. SmartCover provides a direct payment to the insured which they may use to help offset some of these unplanned expenses.”

“When an accident-related loss of life occurs, an accidental death benefit is paid in addition to any other life insurance policy benefit an individual has. This can provide needed assistance to the insurer’s beneficiaries faced with funeral expenses, debts and medical costs they may have inherited,” adds Fauzi. “In many ways, this personal accident insurance product works like the more costly, single trip travel insurance policies that people purchase at airports, but it is much more affordable. It provides complete 24-hour personal accident coverage for the entire year, regardless of the cause of the accident or your location. It’s a real value at a low cost of RM50 yearly premium for every RM10,000, in coverage per year.”

SmartCover is available to eligible customers from 18 to 60-year old nationwide at all authorised Uni.Asia General agents, branch offices, UOB Bank Branches and EON Bank Branches. It covers accidents that may happen in the home, at work, at school or whilst traveling abroad. And it allows renewal up to 70-year old.