Tan Chong Insure Launches Shariah-Compliant Go Ansuran Mudah

Tan Chong Insure has announced the launch of Go Ansuran Mudah plan. It is a Shariah-compliant instalment plan designed to make the cost of motor takaful policies and road tax renewals more affordable. The plan is underwritten by finance broker Direct Lending.

This new offering falls in line with Malaysia’s overall goal of becoming a global leader in Islamic finance and takaful.

Go Ansuran Mudah highlights

Currently the local takaful market is still less saturated compared to conventional insurance. Go Ansuran Mudah can help to make motor takaful policies more accessible to more Malaysians.

Go Ansuran Mudah  top benefits:

• Flexible financing from RM300 to RM5,000 with 3, 6, 9, or 12 months instalments
• Profit rates from as low as 1.5% per month, based on customer’s credit profile.
• Fast approval from 15 minutes — no credit card required.
• Open to all Malaysians aged 18-65 with privately registered vehicles and online banking accounts.

Making motor insurance accessible for everyone

Offering financing to fund the cost of renewing motor insurance will open up access to a broader range of customers.

“Now, with our Shariah-compliant financing options, both Muslim and non-Muslim customers can enjoy peace of mind knowing they are using a financial product that adheres to Islamic principles while benefiting from the convenience of modern financial services,” said Joshua Yong, Head of Tan Chong Insure.

The introduction of Go Ansuran Mudah allows Tan Chong Insure to lower the barriers to access for customers, making it easier for them to secure their motor takaful policy and renew their road tax.