If you own a car and drive it frequently, you need to pay for car insurance and road tax. According to the Ministry of Transport, e-hailing drivers must now obtain a PSV licence as well as E-hailing insurance when they use their vehicle for e-hailing services such as Grab. This regulation became effective in 2019.
What is e-hailing add-on? how is it different from regular car insurance?
As defined by the Road Transport Act 1987, private car insurance covers you only when your car is used for social, domestic, or recreational purposes, or for the policyholder's business. When you use your car to provide E-hailing services and charge passengers, you fall under the private car insurance Exception List. If you are involved in an accident and file a claim while operating your Grab vehicle, your claim will be denied due to a violation of your private car insurance policy.
E-hailing is an add-on insurance that you can purchase to overcome above problems. E-hailing add-on is specifically designed for E-hailing drivers to minimise legal and financial risks that they might run into. Berjaya Sompo Insurance is one of the top online car insurance companies that offers E-hailing insurance.
Under Berjaya Sompo Private Hire Car Endorsement or E-hailing add on, the coverage includes:
|(No of passenger permitted by law)||x||Total claim awarded|
|(No of passenger carried at time of Incident)|
|Payable Injury||Scale of Compensation (RM)|
|Total and irrecoverable loss of sight in both eyes||10,000|
|Total loss by physical severance at or above the wrist or ankle of both hands or both feet or of one hand together with one foot||10,000|
|Total loss by physical severance at or above the wrist or ankle of one hand or one foot together with the total and irrecoverable loss of sight in one eye||10,000|
|Total and irrecoverable loss of sight in one eye||10,000|
|Total loss by physical severance at or above the wrist or ankle of one hand or one foot||10,000|
|Total disablement from engaging in or giving any attention to such person’s occupation||RM50 per week for a period not exceeding 26 consecutive weeks.|
Berjaya Sompo Insurance offers E-Hailing add-on for RM480 per annual. This affordable price is to ensures that you are protected against unforeseeable incidents while remaining within your budget. The daily plan is suitable for part time E-Hailing driver because it allows you to obtain E-Hailing add-on on an as-needed basis. When you are not On-Call, you are not requires to pay the additional fee. The annual plan, on the other hand, is suited for a full-time E-Hailing driver. By far, Berjaya Sompo Insurance offers the most affordable annual insurance for E-Hailing drivers, RM480 and you can opt in the e-hailing add-on when you are renewing your car insurance online.
Starting from 1st June, 2022, the e-hailing add-on is only available for existing customers only.