Allianz General signs Memorandum of Understanding with Malaysian Youth Council

KUALA LUMPUR: Allianz General Insurance Company (M) Bhd signed a memorandum of understanding with the Malaysian Youth Council (MYC) to support government efforts to increase social protection for young people B40.

In a statement released on Friday, Allianz said the memorandum of understanding underscored a shared commitment to encourage B40 youth to take out Allianz General’s Allianz PerlindunganKu under the government’s banner Perlindungan Tenang, affordable insurance plans.

Through this collaboration, young people eligible for the Perlindungan Tenang (PTV) voucher will be encouraged to use their vouchers to purchase the Allianz PerlindunganKu font.

“Our young people need to understand that having adequate insurance protection means having financial and social resilience. Everyone deserves to be protected, and getting protection is like investing in yourself. They should ask themselves, “Am I worth this investment?” Allianz CEO Sean Wang said.

“Through this partnership with the Malaysian Youth Council and with our product Allianz PerlindunganKu, we want our young people to see that protection is not a benefit but a very accessible safety net that can protect them against some of the unexpected events of the world. life, ”he added.

Allianz General and MYC are both aiming to have 500,000 young people in the B40 group registered with MYC to exchange PTV for an Allianz PerlindunganKu police.

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