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PolicyStreet Doubles Down on Consumer Segment, Extends 10+10 Promo Amid Rising Cost Pressures
Press releases | 30 Apr 2026

PRESS RELEASE | PolicyStreet Malaysia

PolicyStreet Doubles Down on Consumer Segment, Extends 10+10 Promo Amid Rising Cost Pressures

30 April 2026

The insurtech extends its uncapped 10% discount on car insurance and Free Road Tax up to RM90 through the end of May, reinforcing its focus on accessibility and value.

Preview

KUALA LUMPUR, 30 APRIL 2026 — PolicyStreet is doubling down on its consumer segment with the extension of its 10+10 Promo and Free Road Tax campaign, as more Malaysians navigate rising costs of car ownership and seek greater value and flexibility in their insurance choices.

The extension builds on strong traction since its initial launch in January, as more Malaysians become increasingly deliberate about how they manage everyday expenses. Amid ongoing fuel price pressures globally, alongside rising maintenance and household costs, customers are placing greater emphasis on keeping their insurance spend practical and cost-effective.

“For many Malaysians, a car is not a luxury but a necessity. It’s how we get to work, support our families, and manage daily responsibilities. With costs rising across the board, we believe insurance shouldn’t add to that burden. Extending this campaign is our way of helping to ease that pressure, and making sure essential protection remains within reach,” said Wilson Beh, Chief Operating Officer of PolicyStreet. 

With the 10+10 Promo, customers who renew their car insurance with PolicyStreet enjoy an uncapped 10% off their base premium after NCD, plus an additional RM10 off at checkout, no promo code required. The promotion runs from 1 to 24 May 2026, with two daily sale windows from 10:00 AM to 11:00 AM and 10:00 PM to 11:00 PM. For drivers with base premiums of RM1,000 and above, this translates into at least RM100 in savings, with higher premiums unlocking even greater value.

From 25 to 31 May 2026, the campaign shifts to the Free Road Tax with Drive+ Membership offering. Customers who opt in for PolicyStreet’s Drive+ Membership can enjoy free road tax capped at RM90, alongside partner benefits including discounts on car battery replacement and trade-ins with Bateriku, courtesy car rental discounts from Chillax2U, and an additional RM20 off their next renewal with PolicyStreet.

For Malaysians looking to unlock even more value, PolicyStreet’s Refer-a-Friend programme offers an additional layer of savings. Customers will receive a unique referral code after their purchase, allowing both the referrer and the referred customer to enjoy RM30 TNG eWallet Reload PIN for each successful renewal. With up to five referrals per customer, this adds up to an extra RM150 in rewards on top of the campaign’s existing benefits.

Customers can compare quotes across multiple insurers and complete their car insurance and road tax renewal in just minutes at www.policystreet.com.my, with flexible payment options designed to suit different needs. For full terms and conditions, visit www.policystreet.com.my/tnc.

The benefit(s) payable under eligible certificate/policy/product is(are) protected by PIDM up to limits. Please refer to PIDM’s TIPS Brochure or contact Allianz General Insurance Company (Malaysia) Berhad or PIDM (visit www.pidm.gov.my).
Payment Methods:
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Banks for EPP (3/6/12 months):
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Quotation and Policy issued by PolicyStreet Malaysia, a brand under Polisea Sdn. Bhd. (Reg No. 201601041144 (1212085-T)) a Financial Adviser approved by Bank Negara Malaysia.