To address accessibility problems in Sabah and Sarawak, insurance for taxis and buses would be made available in the two states
The Malaysian Motor Insurance Pool (MMIP) has declared that insurance covers will be accessible to the general public at Pos Malaysia outlets – reported in Bernama.com.
The General Insurance Association of Malaysia (PIAM) has stated that private car and motorcycle owners would have the ease of purchasing the MMIP’s insurance covers from Pos Malaysia outlets nationwide, including Sabah and Sarawak.
In order to immediately address accessibility problems in Sabah and Sarawak, insurance for taxis and buses would be made available in the two states as well. The insurance for taxis and buses in other states would be available on July 24.
In the current situation where the motor insurance market is plunging down, many insurers have either declined or are scaling back on underwriting risks, especially for third party insurance. As such, an increasing number of motorists are turning to the MMIP for insurance cover.