Free Personal Accident Microinsurance Micro Financing Clients
Get free microinsurance in Malaysia when you take Micro Financing on microLEAP. Comprehensive protection at no cost, so you can focus on growing your business.
Why Insurance Matters
Protecting your business and your future with comprehensive coverage
Essential Risk Management
Insurance is an important aspect of life. It ensures you have enough funds to cover unexpected events and helps you manage risks effectively. The expenses from an accident leading to disability or death may exceed any savings accumulated over time.
Accessible Protection for Everyone
Not everyone has access to insurance due to high premiums and limited availability. Microinsurance bridges this gap, – providing affordable insurance in Malaysia for the low-income segment against specific risks.
What's Covered
Comprehensive protection for your business and peace of mind
Accidental Death (Item A)
100% of the outstanding financing amount is paid out in the event of accidental death within 365 days from the date of the accident.
Permanent Total Disablement (Item B)
100% of the outstanding financing amount is covered for total paralysis, permanently bedridden, loss of two limbs, loss of both hands or all fingers and both thumbs, total loss of sight of both eyes, loss of an arm, hand, leg, or eye.
Focus on What Matters Most
With comprehensive insurance coverage, you can concentrate on the most important aspect of your business – growth and expansion. We've got your back.
Automatic & Free Coverage
Together with our insurance partner, your microinsurance is automatic at no cost.
100% Free
No additional cost or premium payments required
Automatic Enrollment
All details captured during financing application
No Extra Paperwork
No additional information or forms needed
Our Insurance Partner
Trusted protection backed by industry-leading expertise
Two Degrees Sdn Bhd
A Malaysian insurance partner working with microLEAP to administer the Personal Accident microinsurance coverage for Micro Financing Issuers.
Coverage Details
Designed as accessible income protection insurance for Malaysian micro-business owners
Age Requirements
Coverage available for individuals aged 16 to 70 years old
Who's Covered
Main applicant insured or alternative key person
Occupation Restrictions
Certain restrictions apply based on the occupation of the insured person.