PolicyStreet, an insurtech based in Malaysia, is shifting gears with the launch of its customer loyalty program, Drive+ Membership.
Designed to put Malaysian drivers in the “fast lane” of savings and convenience, the Drive+ membership features benefits such as “an 80% discount on road tax, waived handling fees, 0% interest flexible payment options, and exclusive loyalty rewards.”
Yen Ming Lee, Co-founder and Group Chief Executive Officer of PolicyStreet said:
“The Drive+ Membership is our way of enhancing the value we bring to our customers. While we continue to uphold our ‘Cheapest Road Tax in Town’ promise, the Drive+ Membership aims to empower drivers with practical benefits that ease the financial stress that comes with owning and maintaining a car.”
The Drive+ Membership brings various benefits, “transforming car insurance and road tax renewals into a smoother, more affordable experience.”
These benefits include:
- Discount of up to 80% on Road Tax
- Members can enjoy up to 80% discount on their road tax, available for immediate use.
- 0% Interest Instalments with Flexible Payment Options
- Spread the cost of car insurance renewals effortlessly with PolicyStreet’s interest-free Easy Payment Plan.
Launching at a price of RM39.90, the annual Drive+ Membership will officially replace the current “Betul-Betul Cheapest Road Tax” offer starting 12 February 2025.
Yen Ming Lee added:
“Our Drive+ Membership benefits mark the beginning of a larger effort to deliver even greater value to our customers. We are actively working to expand our network of partners to provide more meaningful savings—not just during car insurance and road tax renewals, but throughout their everyday driving and car ownership journey. This reflects our unwavering commitment to enhancing Malaysians’ financial resilience and simplifying their experience with insurance renewals.”
In addition to the Drive+ Membership, PolicyStreet has introduced a series of benefits, available through its car insurance renewal platform.
These perks allow users to customize their coverage “according to their needs and budget, offering targeted benefits beyond standard protection.”
Starting 12 February, customers can reportedly get their Drive+ Membership and add-ons at checkout when “renewing car insurance and road tax.”