Allianz launches bicycle insurance in Malaysia

In partnership with broker Howden, Allianz General Insurance Company (Malaysia) Berhad (Allianz General) has brought the first bicycle insurance policy to the Malaysian market.

The new product provides coverage for accident and theft as well as accessories and spare parts.

Allianz also provides an additional individual accident cover "Allianz Shield Plus" which gives other optional benefits including death, permanent disability and medical expenses.