Etiqa General Insurance Bhd and Syarikat Takaful Malaysia Am Bhd (Takaful Malaysia) emerged as the winner at this year’s Motor Insurance and Takaful Award 2021/22, an annual honour accorded to top Motor Insurance and Takaful companies in the country.

Hosted by an independent, knowledge-based insurance education provider iBanding Services Sdn Bhd (iBanding), the awards aim to offer the public true insights as they are based on actual consumer experiences with their insurance/takaful providers.

Now in its sixth year, the awards are based on the results of extensive research conducted by iBanding that ranks insurance and takaful companies based on actual feedback from Malaysian motorists with valid motor insurance policies. The final score is calculated based on multiple factors, such as customer satisfaction, years with the company and claims experience. Over 5,000 Malaysians participated in this year’s survey. Besides helping to find the best companies in Malaysia, survey participants could win electronic gadgets and cash vouchers.

Motor Insurance Award 2021/22

Motor Takaful Award 2021/22

Our Motor Insurance and Takaful Survey of 2020 has ended and we are very honored to finally announce the two winners.

Join me in congratulating our two winners:

Suhasri Ismail

&

Zubaidah Yusoff 

Our winner with the most tickets is Suhasri Ismail. Suhasri managed to secure 1,198 tickets to his name by just sharing his special link with friends and family. If you remember, for every successful referral, participants get 3 extra tickets.

Our Lucky Draw winner is Zubaida Yusoff. We have randomly generated a ticket number and Zubaida’s ticket number won.

You did not win?

We are sorry that it did not work out for you. As a small consolation, know that your response is helping us to make it visible how the service is that Malaysian insurance companies provide. It is like the star rating on google maps, agoda or booking.com. Your review helps you and others to choose the Best Car Insurance/takaful. We will announce the Best Companies in Malaysia soon. You can check out the winners from last year here: Malaysian Motor Insurance and Takaful Award 2019 /2020

Stay tuned. We conduct the survey every year, so maybe next year you have a chance to win.

How hard is it to win RM100 sitting at home? It never has been easier. Participate in iBanding’s monthly lucky draw and win RM100.

We are giving out RM100 to three (3) lucky survey participants. What do you need to do to participate in the lucky draw? Just a few simple steps:

If you have not filled out the survey this year:

1. Fill out this survey
2. Click on the Facebook post below and comment “I want to be a monthly winner”
3. You’re part of the lucky draw!

If you have already filled out the survey:

1. Click on the Facebook post below and comment “I want to be a monthly winner”
2. You’re part of the lucky draw!

Facebook Post

We will pick three (3) lucky winners among all valid Facebook comment. So, make sure to comment on the Facebook post and your email address is valid. What are you waiting for? Fill out the survey now and be one of our lucky winners!

Check out what our past winners have to say

Deadline: 06/11/2020

Need to renew your car insurance in Malaysia? Are you looking for insurance that follows Shariah principles? Check out our independent Top 3 list of the Best Car Takaful in Malaysia.

iBanding is an independent insurance and takaful education webpage committed to providing you with unbiased information. We research and collect reviews and ratings from actual Malaysian car owners and help you find the right takaful for your car.

Malaysia has over 20 insurance and takaful companies that sell car or motorcycle insurance, and it is not easy to find which one is the best. The choice becomes easier when you are looking for Shariah-compliant car insurance that is called car takaful. In Malaysia, four big companies sell car takaful.

• Etiqa Takaful
• Syarikat Takaful Malaysia
• Takaful Ikhlas
• Zurich Takaful

Every year we conduct an online survey with over 10,000 Malaysian car owners to find the best car takaful company. Out of the four takaful companies, three companies received a 5-star rating, and one company received a 4-star rating. This rating is similar to the quality level at hotels. A 5-star hotel provides better service than a 3-star hotel. A 5-star takaful company has proven to provide better service to its customer than a 4-star takaful company.

Here are the three companies that received a 5-star rating in 2019.

Top 3 Car Takaful Companies (reverse order)

3. Takaful Ikhlas

2. Syarikat Takaful Malaysia

1. Etiqa Takaful

2019 Top 3 Car Takaful Companies in Malaysia

1. Etiqa General Takaful
2. Syarikat Takaful Malaysia
3. Takaful Ikhlas

Top 5 Car Insurance Companies in 2019 for Malaysia

Top 5 Travel Insurance in 2019 for Malaysia

Need to renew your car insurance in Malaysia? Check out our independent Top 5 list of the Best Car Insurance in Malaysia. 

We are an independent insurance education webpage committed to providing independent information. We research and collect reviews and ratings from actual Malaysian car owners and recommend insurances.

Malaysia has over 20 insurance and takaful companies that sell car or motorcycle insurance, and it is not easy to find which one is the best. Every year we conduct an online survey with over 10,000 Malaysian car owners to find the best car insurance companies. Five insurance companies have received 5-star ratings from us. This rating is similar to the quality level at hotels. A 5-star hotel provides better service than a 3-star hotel. A 5-star insurance company has proven to provide better service to its customer than a 3-star insurance company.

Here is the complete list of the top 5 Malaysian insurance companies of 2019 that have received 5-stars from their customers.

Top 5 Car Insurance Companies in 2019 for Malaysia (reverse order)

5. MSIG Malaysia

4. Etiqa Malaysia

3. Tokio Marine

2. Allianz General

1. AXA Affin General Insurance

2019 Top 5 Car Insurance Companies in Malaysia

1. AXA Affin – AXA SmartDrive and AXA FlexiDrive Car Insurance
2. Allianz General – Motor Comprehensive
3. Tokio Marine – Tokio Now Car Insurance
4. Etiqa – MyEtiqa Car Insurance & Takaful
5. MSIG – Car Insurance

Top 3 Car Takaful Companies in Malaysia

We have a winner! After weeks of number crunching, verifying email addresses and survey data, we are proud and happy to announce that the Lucky Draw Winner of the Car Insurance Survey 2019 is 

Afifah from Shah Alam

This is our 4th year that we ran our survey to find the Best Car Insurance and Takaful company in Malaysia and we managed to remain independent. This means that we have not received any money from companies to change our results. The results are independent and solely dependent on the feedback that you provide.

If you are not Afifah, we are sorry that you are not the Lucky Winner. The Winner is selected randomly from the ticket number that survey participants get. For every referral participants get 3 extra tickets. This year we received 8,000++ responses and the average number of shares was 2. So on average each person had 7 tickets (1 + 6 tickets for referrals).

As a small consolation, know that your response is helping us to make it visible how the service is that Malaysian insurance companies provide. It is like the star rating on google maps, agoda or booking.com. Your review helps you and others to choose the Best Car Insurance / takaful. We will announce the Best Companies in Malaysia soon. You can check out the winners of last years here. Malaysian Motor Insurance and Takaful Award 2017 /2018

If you need to renew your car insurance or takaful, click on the banner below to see what vouchers you can get.

We are launching our annual 2018/19 Motor Insurance and Takaful Survey to find Malaysia’s Best Car Insurance and Takaful company. In the next 4 months Malaysian drivers can fill out a survey to share their experience with insurance companies. Every week, we give out Cash Prizes and at the end of the campaign we will raffle away smart phone to all the participants. Terms & Conditions apply.

Malaysia has over 20 car insurance and takaful companies that each provide different prices and quality of service. This is similar like hotels. Some hotels cost more, but provide 5 star service. Some hotels are low-budget, but provide less services to the customer and only have 1-2 stars. Our independent math model shows you which insurance company provide 5 star service to the customer and can cost more.

This year you can win weekly prizes of cash and a grand prize of either an iPhone 8 or Samsung S9. You choose.

Check out our page about past winners and prizes here. 

This year is the 4th time that iBanding is running the Motor Insurance Survey. Last year Etiqa Takaful and Takaful Malaysia won the Award for Best Takaful company. Etiqa won the Best Car Insurance Award for conventional insurance.

The ranking and awards are based on actual feedback from thousands of Malaysians that have a valid motor insurance. This is important, because only if you drive a car and have insurance, you can have experience with your car insurance. The survey is not a popularity contest, in which the company with the most vote wins. Through scientifically proven questions, the actual customer experience of drivers are captured to rank the insurance companies against each other.

Advantages of iBanding’s Car Insurance and Takaful Ranking

• Ranking is based on customer experience, not popularity vote
• Winners are selected by an independent math model, not from a panel of paid judges
• Survey is not sponsored by insurance companies

Step 1:
Fill out the survey

Click on the link to start filling out the survey. They survey has 10-15 questions and can be filled out in less than 5 minutes.

Step 2:
Confirm your email

You will get an email to verify your email address. This is important to make sure that your entry is valid.

Step 3:
Share for extra chances

You will get an individual Lucky URL that you can share with your friends to increase your chances of winning. Every time a friend fills out the survey with your Lucky URL you get 3 extra tickets to win the grand prize.

Have questions? Leave us a comment below

With these rankings as a guide, we hope the consumers are able to make more informed decision when choosing the company to insure their cars.

And to those who intend to purchase theirs from Syarikat Takaful Malaysia, the number one motor takaful company as voted by the Malaysian consumer for two consecutive years, we hope that this article will help guide you through the process.

Let’s start

The car takaful plan from Syarikat Takaful Malaysia can be purchased online from their online portal called Click for Cover or here.

It is a well streamlined and easy to use web portal and we assure you that anyone can do it within a few minutes. However, to ensure accuracy of information, it is advised that you have your vehicle registration card or renewal notice from your previous insurance / takaful company ready.

The first thing you need to do is key in a few information such as your NRIC number, car registration number (plate number), postcode and email address.

Step 1 – Get Quotation

If there’s a tricky part about the purchasing process, this could be it. But if you have a good knowledge about your car, or if you have your card with you, this step shouldn’t be an issue.

Information required here is largely vehicle and model-specific, such as variant, import type (local assembly, complete knocked down etc), type of anti-theft device fitted. You are also required to disclose what type of parking you have at your residence, if the car is still under bank loan and how many permitted drivers will be driving the car.

Once you’ve entered all the info, you should be able to see the preliminary price for your car takaful on your right.

Rebate 10%

This is the discount that you get for buying (or renewing) your insurance (or takaful in this case) online. This discount is not specific to Syarikat Takaful Malaysia. You should be getting this discount when buying directly from any insurance and takaful companies ONLINE.

Cash Back

It says: You may be entitled to an estimated Cash Back subject to financial performance, applicable tax deductions and no claims incurred during the coverage period.

According to Syarikat Takaful Malaysia, they are the only takaful operator to consistently offer this cash back as a reward for their clients who have not made any make within the coverage period. For more explanation about cash back, read here.

Personal Accident Coverage

As a Takaful Malaysia’s customer, you are entitled to a RM15,000 Personal Accident coverage for each passenger and driver. This comes at no additional charge to you.

Step 2 – Add Additional Coverage

Here you can add additional coverage that you would like to have. One of these is mandatory for you to add and that is the Named Drivers. Here you need to key in the number of drivers allowed to drive your car and be covered by your insurance policy. The first two drivers are free. You will not be able to leave this page as long as you have not put in a number.

Other additional coverage that you may choose are:

• Cover for Windscreens, Windows and Sunroof (highly recommended!)
• Legal Liability to Passengers
• Legal Liability of Passengers
• Strike, Riot & Civil Commotion
• Inclusion of Special Perils
• Compensation for Assessed Repair Time (CART)
• Extension of Cover to Thailand

All these come with a brief and helpful description. Once you add them to your policy, you will notice the quoted price to the right changes.

Step 3 – Certificate Owner Info

Easy step of keying in your personal and contact information.

Step 4 – Driver Info

Another easy step. Here you need to fill in the name, NRIC number, gender and relationship of the ‘named drivers’. The number of drivers that you will need to fill is according to the number chosen by you in step 2. If you only chose 1 driver, then there isn’t much for you to do here. Simply continue.

Step 5 – Confirm & Pay

Time to check that everything is alright and make payment.

Please note here that it says:

You will have to bear a compulsory excess of RM400 in the event of claim if your vehicle is driven by a person who is not named in your certificate or if the driver holds a Learner (L) driver’s licence. The excess is the first amount that you have to bear in respect of each and every claim.

So make sure that if your car is often driven by others, such as a spouse, a sibling, friend or child, they are nominated as named drivers in step 2. As mentioned, the first 2 (this includes you) are free. The rest are chargeable at RM10 per person.

Once you are happy with the coverage, you can make payment via credit card or bank transfer. The transaction is swift and secured. Voila. You have yourself a takaful cover for your car, at a 10% direct discount, and 15% cash back if you don’t make a claim within the next 12 months.

What are the benefits that you will be getting with the car takaful policy you just purchased you may asked? Well, let’s look at them here.

1. Comprehensive coverage – this means that in case of an accident, not only your plan will cover for the damage and injury of the third party (if the accident is caused by you), but also the damages suffered by your own car. For more information about the different types of car insurance policies, click here.

2. 24/7 roadside assistance program – the round-the-clock emergency car assistance Tele Bantuan Program offers:
– Minor roadside repair: jump start services, change of battery or tires, emergency delivery of petrol and/or minor wiring work with free labour costs up to 2 hours
– Towing service: free towing service up to 50km per incident from breakdown scene to the nearest Takaful Malaysia’s panel workshop and maximum of RM200 to the nearest Takaful Malaysia’s panel workshop in case of accident

3. Cash back reward no claims – You car insurance will be cheaper with extra cash back if you do not file a claim and the company is doing well.

4. Complimentary Personal Accident coverage – for both you and your passengers up to RM15,000 per person.

Sounds good! Ready to purchase? Click here.

Category Most Referrals Gained

Nor Azhan Nordin from Bandar Baru Bangi

with 1,155 confirmed referrals

Category Lucky Winner

Peter Siew from Klang