Posts tagged with: detariffication

Our avid readers who have been following our blog for some time would have realized by now how much focus we at ibanding.my have placed on the issue of motor detariffication in Malaysia. Implemented in July 2017, the move is...
Did you know, that your driving behaviour can determine the price of  your car insurance? And that it no longer follows the predetermined tariff structure by Bank Negara Malaysia? This change happened on the 1st of July 2017, where the detariffication or...
It has been three months since the 2nd phase of the Motor Detariffication came into effect in Malaysia. iBanding has again made an effort to test its outcome (refer to our previous article on motor insurance comparison). This time we...
  The Malaysian Transport Ministry is studying the possibility of implementing a flexible road tax payment system that will be calculated based on vehicle conditions, mileage and drivers’ traffic offences, according to a report by The Malay Mail. “This flexible...
In less than two months we will be facing with one of the biggest changes we’ve ever seen taking place in the Malaysian insurance and Takaful industry. This change will affect all of us who own or drive a motorized...
Many Malaysians are still unaware that come July 2017 when the Detariffication starts, their motor insurance premium will never be the same again. How? Well first let’s try to understand how the current system works, and how it has been...
By now, many may have already heard of motor de-tariffication also known as phased liberalization that is slowly being implemented here since June of this year. Here’s the nutshell version of what it is for those who don’t know what...
It is official, Motor Detariffication in Malaysia been launched and now live since July 2016! But has anything changed? Not really! We will explain why. PIAM (Persatuan Insurans Am Malaysia) has published additional information on the Detariffication this month for...
If you visit our Facebook page often, you would have noticed we spoke a lot about the coming implementation of Motor Detariffication. This is because we find that this subject important as it affects all Malaysians who own a vehicle....
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