Allianz General Insurance Company (Malaysia) Berhad is offering complimentary financial assistance to small and medium enterprises (SMEs) facing unexpected business closures, and complimentary coverage for foreign workers.

Staff Reporter

, Malaysia

SMEs facing forced closures of complete 48 hours tin get up to MYR20,000 ($5,100).

Allianz General Insurance Company (Malaysia) Berhad is offering complimentary financial assistance to mini and mean enterprises (SMEs) facing unexpected business closures, and complimentary sum for overseas workers.

Allianz’s Foreign Workers Hospitalization and Surgical (FWHS) argumentation issued betwixt February to December 2026 will see a complimentary one-year group individual mishap coverage. It offers up to MYR10,000 (over $2,500) for accidental decease and imperishable disablement.

Corporate policyholders pinch an progressive Allianz Business Shield, Standard Fire, aliases Commercial Fire argumentation will person a one-off financial support of up to MYR20,000 (about $5,100) if a covered arena nether nan policies causes nan insured premises to adjacent for 48 hours aliases more.

“We are proud to connection financial assistance to businesses facing closures of 48 hours aliases much owed to unexpected events, alleviating nan load during difficult times,” said Sean Wang, CEO of Allianz General.

SMEs lend astir 40% to nationalist gross home merchandise (GDP) and employment almost half of Malaysia’s workforce, according to Allianz General. 

The caller financial support schemes purpose to safeguard some assets and group against unforeseen challenges, it added.

(US$1 = MYR3.89)

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