since 1976
since 1976
Tan Chong Insure — one of the largest corporate insurance agents in Malaysia, with motor insurance as its core business — is officially launching Go Ansuran Mudah, a Shariah-compliant instalment plan designed to make motor takaful policies and road tax renewals more accessible to Malaysians, underwritten by finance broker Direct Lending.
This new offering is in line with Malaysia continuing its journey to becoming a global leader in Islamic finance and takaful; as the local takaful market is still less saturated compared to conventional insurance, this presents the perfect opportunity for insurance players to fill a crucial gap for a broader range of customers.
“This collaboration with Direct Lending, a trusted digital financing marketplace offering Shariah-compliant financing solutions, reinforces our commitment to meeting the evolving needs of the Malaysian public,” said Joshua Yong, Head of Tan Chong Insure (formerly Tan Chong Insurance Business Stream). “Our primary goal is to make insurance — particularly motor insurance, which has been at the core of our business — more accessible and straightforward for everyone. 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.”
Go Ansuran Mudah customers will be able to finance between RM300 and RM5,000 for their motor takaful policies and road tax. This flexibility is designed to ensure they have access to adequate coverage without overwhelming their budgets, as instalments can be spread across 3, 6, 9, or 12 months, depending on the customer’s preferences and financial situation.
With this, not only is Go Ansuran Mudah tailored to provide further ease in managing payments, another highlight is its profit rate, which can go up to 1.5% per month depending on the customer's credit profile. Moreover, with approval times as fast as 15 minutes, customers can receive the financing they need almost immediately, making the process efficient and stress-free — and all without the need for a credit card. In fact, all Malaysians with privately registered vehicles and an online banking account are eligible, provided they meet the age requirement of 18 to 65 years.
By lowering the barriers to access, Tan Chong Insure is making it easier for all customers to secure their motor takaful policy and renew their road tax. By introducing Go Ansuran Mudah, the brand continues to widen its contribution to a safer and more protected driving community across the country.
Customers seeking flexible financing options for their motor insurance are invited to visit any of Tan Chong Insure’s ETCM Showrooms, TCEAS Service Centres, or Customer Service Centres, where the application process is quick and seamless. Simply scan the QR code, fill in your details, upload the necessary documents, and finalise the process with your signature and first payment. For those who prefer a digital approach, Go Ansuran Mudah is also available online through the GoInsuran website.
