Budiey
AirAsia, Tune Money, AIA Bhd. collaborate to offer AirAsia INSURE Lifestyle Protection Programme
Exclusive Insurance Protection Programme for AirAsia guests in Malaysia
KUALA LUMPUR, 10 Aug 2011 – Tune Money Sdn Bhd, in cooperation with American International Assurance Berhad (AIA Bhd.), will be offering a range of insurance protection products exclusively for AirAsia guests in Malaysia. Tune Money is the appointed Insurance Manager for AirAsia’s Direct Insurance Business and manages AirAsia INSURE Lifestyle Protection programme and supports operationally AirAsia INSURE Travel Protection programme to AirAsia guests.
Under the AirAsia INSURE Lifestyle Protection Programme, AirAsia guests will be offered life, accident and health insurance protection products that are tailor-made to meet their needs for comprehensive insurance coverage.
Among the protection plans that are being promoted via telemarketing channel are ‘Cancer Shield Rider Plan with Refund of Premium’ and ‘Critical Illness Plan with Refund of Premium’. More innovative products are being developed in order to continuously meet the lifestyle needs of AirAsia guests.
Commenting on the collaboration, the Chief Executive Officer of AIA Bhd., Mr Khor Hock Seng said: “AIA Bhd. is delighted to work with Tune Money in supporting AirAsia INSURE Lifestyle Protection Programme to provide the protection for AirAsia’s guests. Very often people are underinsured without realizing it. As a leading provider of protection in Asia we are focused on ensuring our customers and our partners’ customers are aware of any protection gap they may face and how they can close it.”
Peter Miller the CEO of Tune Money said: “Tune Money is delighted to be working with AIA Bhd. for the AirAsia INSURE Lifestyle Protection Programme. This is an extension to our AirAsia INSURE Travel Protection that has been hugely popular amongst AirAsia guests.”
Meanwhile, AirAsia’s Regional Head of Financial Service and Loyalty, Johan Aris Ibrahim, said: “AirAsia has always strived to maintain its value and reputation at the highest standard at all times. Having flown over 100 million guests over the past 10 years in Malaysia and regionally, and recently won the World’s Best Low Cost Airline in the annual World Airline Survey by Skytrax for a third consecutive year, we are in a better position than ever to understand our guests. Together with our partners, AirAsia INSURE Lifestyle Protection Programme was developed exclusively for our guests. In line with our objective of continuing to provide our guests added value and security, we believe this extended product range can offer our guests the chance to experience the best insurance coverage.”
About AirAsia and AirAsia X
AirAsia, the leading and largest low-cost carrier in Asia, services the most extensive network with approximately 139 routes covering destinations in Asia, Australia and Europe. Within 10 years of operations, AirAsia has carried over 100 million guests and grown its fleet from just two aircraft to approximately 104. The airline today is proud to be a truly Asean (Association of Southeast Asian Nations) airline with established operations based in Malaysia, Indonesia and Thailand, servicing a network stretching across all Asean countries, China, India, Bangladesh, Sri Lanka and Australia. This is further complemented by AirAsia X, its low-cost long-haul affiliate carrier that currently flies to destinations in China, Australia, Taiwan¸ Iran, Korea, UK, Japan, France and New Zealand. AirAsia is the regional carrier with the largest destination network and highest flight frequencies. AirAsia was named the World’s Best Low Cost Airline in the annual World Airline Survey by Skytrax for three consecutive years (2009, 2010, 2011)
For more information, visit www.airasia.com
About Tune Money
Tune Money is a universal financial services company offering affordable prepaid cards as well as life and general insurance products. Tune Money has been operating since 2007 and together with sister companies TuneTalk and Tune Hotels are creating a digital and lifestyle community. Tune are working with AirAsia to integrate the Tune consumer community with that of AirAsia, the world’s best low cost airline that shares the same co-owners and founders with the Tune Group in Tan Sri Tony Fernandes and Dato’ Kamarudin Meranun.
About AIA Malaysia
American International Assurance Bhd. (AIA Bhd.) began operations in Kuala Lumpur, Malaysia in 1948 as a branch of American International Assurance Company, Limited (AIA). With over 60 years of local market presence, AIA Bhd. has now become one of the country’s largest life insurers, with a network of 23 branches nationwide. The company’s focus is on designing new and innovative products to meet the changing needs of the market. AIA Bhd. is a member of the AIA Group.
About the AIA Group
AIA Group Limited and its subsidiaries (collectively “the AIA Group” or “the Group”) comprise the largest independent publicly listed pan-Asian life insurance group in the world. It has wholly-owned main operating subsidiaries or branches in 14 markets in Asia Pacific – Hong Kong, Thailand, Singapore, China, Malaysia, Korea, the Philippines, Australia, Indonesia, Taiwan, Vietnam, New Zealand, Macau and Brunei and a 26% joint venture shareholding in India.
The Group traces its origins in Asia back more than 90 years. It is a market leader in the Asia Pacific region (ex Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It has total assets of US$107.9 billion (as at 30 November 2010).
The AIA Group meets the savings and protection needs of individuals by offering a comprehensive suite of products and services including retirement planning, life insurance and accident and health insurance. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of more than 260,000 agents and over 21,000 employees across Asia Pacific, the Group serves the holders of over 23 million individual policies and over 10 million participating members of group schemes.
AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code ‘1299’.
