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Worried that your TNG eWallet deposit is not safe? You can buy deposit insurance with RM1

01/11/2021

Touch ‘n Go eWallet is offering a 4% extra return on GO+ micro-investment service, which allows users to enjoy an extra 4% annual return on their money deposited into GO+. Are you tempted to participate in this micro-investment campaign, but are worried about the security?

TNG Digital, a subsidiary of One Touch Group, has partnered with AIA to launch the WalletSafe Insurance Plan, which offers deposit and accident insurance protection for a fee of RM1.00. The coverage period is 6 months.

With the Wallet Safe Insurance Plan, you can receive up to RM25,000 in the event of unauthorised transactions on your Touch ‘n Go eWallet or GO+ account. In fact, Touch ‘n Go eWallet already comes with a full money back guarantee, WalletSafe is just a further guarantee.

In addition, in the unfortunate event that a user suffers from a coronary disease or dies in an accident, the family will be entitled to 10 times the amount of the deposit. If the user has a deposit of RM120 with Touch ‘n Go eWallet, then he/she will receive RM1,200. The maximum amount of compensation is RM25,000 and will be handled by AIA Insurance.

To purchase WalletSafe, you must be between 18 and 70 years old and must have verified your identity with Touch ‘n Go eWallet. ‘n Go eWallet and click on the WalletSafe icon on the home page, then you can buy 6 months of cover for as low as RM1.00.

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