CIMB, Berjaya Sompo introduce Secure Home

PETALING JAYA: CIMB Bank Bhd in collaboration with Berjaya Sompo Insurance Bhd have introduced Secure Home, a first online all risks protection insurance plan that covers both household goods and personal belongings in your home against loss and damage, on a first loss basis.

Secure Home, along with selected Sompo Motor and other general insurance products distributed by CIMB, can now be purchased seamlessly via CIMB’s website, URL link shared by staff or QR code scanning at CIMB branches nationwide. Customers will be led to a dedicated application portal, providing those who are onthe-go with a fast, secure, and seamless call to action.

Types of risk covered under Secure Home include fire or lightning, floods, thefts and accidents, with an insured sum of up to RM60,000 depending on the selected plan. Secure Home is a simple and hassle-free all risks home content insurance offering that even covers theft by visitors to your home. Furthermore, no upfront declaration of full value is required, and therefore it pays up to sum insured with no penalty for underinsurance.

Apart from Secure Home, the latest addition to CIMB’s suite of insurance products, customers can also now purchase or renew selected Sompo motor insurance, travel insurance, personal accident insurance and home content insurance offered by Berjaya Sompo digitally end-to-end.

CIMB group consumer banking CEO Samir Gupta said it is delighted to offer this first-of-its-kind all risks home insurance protection that will provide homeowners with peace of mind and convenience.

“Its easy accessibility for online purchase is timely, given customers’ increasing reliance on secure and seamless processes that are integrated into today’s digital lifestyles. The launch of Secure Home and introduction of an end-to-end digital process to purchase or renew insurance represent two main pivots of CIMB’s Forward23 strategy, namely customer centricity and technology and data. Besides offering the right financial products and services for our customers, we are also committed to continuously enhancing customer experience.”

“With the launch of Secure Home, we aim to provide our customers a hassle-free way to purchase or renew their insurance digitally. Recognising the current economic condition, we will continue to look for avenues to offer our customers greater protection at an affordable rate.”

Distributed by CIMB and underwritten by Berjaya Sompo, Secure Home is available exclusively through all CIMB Bank branches and digital channels from Aug, 2020.

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