Kuala Lumpur, 23 February 2026 – Allianz General Insurance Company (Malaysia) Berhad (Allianz General) is committed to supporting small and medium enterprises (SMEs) and the commercial sector through complimentary financial assistance for unexpected business closures and complimentary coverage for foreign workers.
With SMEs contributing nearly 40% to national gross domestic product (GDP) and employing almost half of the workforce, Allianz General aims to empower SMEs and commercial entities with comprehensive protection strategies that safeguard both assets and people against unforeseen challenges.
“In today's challenging economic landscape, it is important for businesses to have reliable support systems in place. We are proud to offer financial assistance to businesses facing closures of 48 hours or more due to unexpected events, alleviating the burden during difficult times,” said Allianz General Chief Executive Officer, Sean Wang.
“Additionally, our Foreign Workers Hospitalization and Surgical policy now includes complimentary one-year Group Personal Accident coverage, designed to ease the financial burden on employers in the event of an accident, while providing foreign workers with extra financial protection,” Sean added.
Allianz Business Resilience Campaign
For business owners, a forced shutdown of operations can be extremely damaging, particularly when closures extend over long periods of time. To ease this burden, corporate policyholders with an active Allianz Business Shield, Standard Fire or Commercial Fire policy will receive one-off financial support up to RM20,000 if a covered event under these eligible policies causes the insured premises to close for 48 hours or more.
This campaign leverages the comprehensive protection offered by Allianz Business Shield, which allows customers to tailor their coverages and sum insured to their specific needs.
It also complements the Standard Fire and Commercial Fire policies, which provide comprehensive safety nets to cover financial losses caused by fire and can be extended to cover further risks such as aircraft damage, floods, damage from falling trees, and more, ensuring businesses are well-protected against a wide range of potential disruptions.
The campaign runs from 1 February 2026 to 31 December 2026 or until the total financial relief paid out reaches RM2.5 million.
Foreign Workers Hospitalization and Surgical (FWHS) Campaign
As many SMEs and commercial entities across a wide range of industries employ foreign workers, Allianz General offers enhanced protection for business owners through the Foreign Workers Hospitalization and Surgical (FWHS) policy.
Amid rising hospitalisation and surgical costs, the FWHS scheme is specially designed to reduce the financial burden on employers of foreign workers in the event that their foreign workers are hospitalised due to accident or illness.
Accidents that cause death or permanent disablement can still leave gaps, causing employers to pay out-of-pocket to support foreign workers and their families. To provide further assistance for employers, every FWHS policy issued between 1 February 2026 to 31 December 2026 now includes complimentary RM10,000 one-year Group Personal Accident (GPA) coverage for accidental death or permanent disablement.
This complimentary GPA coverage provides relief from unexpected costs for business owners, while also offering foreign workers extra financial protection.
For more information on the campaigns and policies, please refer to the links below:
Allianz Business Shield: https://www.allianz.com.my/corporate/liabilities-operations-and-asset-protections/fire-and-property/allianz-business-shield.html
Allianz Standard Fire and Commercial Fire Insurance: https://www.allianz.com.my/corporate/liabilities-operations-and-asset-protections/fire-and-property/fire-insurance.html
Foreign Workers Hospitalization and Surgical: https://www.allianz.com.my/corporate/group-protection-and-personal-accident/worker-and-employee-benefits/foreign-workers-insurance.html
This content is provided by Allianz Malaysia Berhad
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