What is Liberty FlexiCare about?
Liberty FlexiCare is a 24-hour comprehensive personal accident policy that provides a financial blanket for you and your family in the event you are injured, disabled or might have died in an accident.
What benefits will I get from this PA policy?
This personal accident insurance policy can be customized to meet your lifestyle needs at affordable rates. There are 8 benefits offered under Liberty FlexiCare with more enhanced features and coverage amount.
Also, you will also get three types of allowances from Liberty Insurance such as Travel Allowance, Funeral Allowance and Hospital Income. This is in addition to Rehabilitation Benefit, Dental/Corrective Cosmetic Surgery and Repatriation Expenses reimbursement.
Do I get discount for renewal?
Yes. A renewal bonus, i.e. non-claim discount, of 10% per year will be granted upon your next policy renewal. That’s not all, this bonus is applicable up to 5 years of renewal, provided that you did not make any claim during the period of coverage.
Is the premium inclusive of other fees and charges?
Yes, it is. Your protection plan will be subject to a risk category, which will determine the amount of premium you should pay annually. Thereon, a GST of 6%, agent commission of 25% and a stamp duty of RM10 will be applied to the total premium.
Can I cancel the policy after purchasing it?
Liberty Insurance requires a written notice from you before you can make any cancellation. You will be entitled for a refund of premium based on short period rate; i.e. the unexpired period of insurance, on a condition that you have not made any claims within the period.