Drive Less Save More Insurance

During these Covid-19 times, many of you have encountered movement restrictions and are driving less. Etiqa understands the financial challenges and would like to offer cash refunds for your reduced mileage on the road. The less you drive, the more you gain! Just select the Drive Less Save More Insurance add-on at no extra cost when you sign up for your Etiqa Motor Insurance plan.

How Does It Work?

Upon signing up for an Etiqa Motor Insurance plan, upload the image of your car odometer reading & car number plate via the Etiqa Smile App.

1 month from the start date of your Etiqa Motor Insurance plan, upload the image of your car odometer reading and car number plate. Repeat this monthly.

Upon expiration of your Motor Insurance plan, a final submission of your car odometer reading is required.

Get cash refunds of up to 30% a year when you add on the Drive Less Save More benefit.
 
The cash refund is calculated on a monthly basis, as a percentage of your net premium based on the table below: 
 
Tier Monthly Kilometer Range Monthly Refund %
1 0km – 400km 2.5%
2 401km – 800km 1.5%
3 801km – 1,250km 0.80%

Eligibility

Age of Insured Person 25 – 80 years old
Age of Vehicle 0 – 15 years
Sum Insured RM12,000 and above
Category Used for private purposes
 
 

Enjoy more savings when you drive less now.

Learn how the Drive Less Save More Insurance works:

Frequently Asked Questions

What is the Drive Less Save More benefit?

There has been a reduction in driving activity due to the Covid-19 pandemic with more people working from home. Etiqa understands the economic challenges faced by all and would like to provide support for people who are driving less with our new add-on benefit. Enjoy a monthly cash refund of up to 2.5% of net premium when you sign up for an Etiqa Motor Insurance comprehensive plan with the Drive Less Save More add-on benefit.

How can I purchase the Drive Less Save More benefit?

You can only add-on this benefit when you sign-up for an Etiqa Motor Insurance plan via online at the moment. The success of the product via our online channel will be a key determinant factor for it to be available via other sales touch points such as Agency, Banca and branches.

Will there be additional premium charged for the Drive Less Save More add-on?

No, the Drive Less Save More add-on is free of charge.

I did not add on the Drive Less Save More benefit when I signed up for my Motor Insurance. Can I do it now?

No, you can only add-on the Drive Less Save More benefit at the time of your Motor Insurance sign-up or renewal.

Can I still enjoy the No Claim Discount (NCD) with the Drive Less Save More add-on benefit?

Yes, you are still entitled to the NCD for your Motor Insurance. The Drive Less Save More cash refund is calculated as a percentage of your premium, net of the yearly NCD (if any).

Kindly download the full FAQ here

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Underwritten by Etiqa General Insurance Berhad (197001000276)
(Licensed under the Financial Services Act 2013 and regulated by Bank Negara Malaysia)