Kuala Lumpur, Malaysia, 14 November 2022 — Garmin today announces its collaborative initiative with YAS Digital Malaysia, a blockchain-based insurtech company and licensed insurance agency of Etiqa General Insurance Berhad to extend its ACTYVE 3 sports insurance to new and existing Garmin users across Malaysia for free.
The ACTYVE 3 entails a 3 times use-on-demand coverage that protects its users and their belongings for up to 24 hours per use. Furthermore, the ACTYVE 3 plan expands on providing coverage for medical expenses and personal effects up to RM 2,000.00 and accidental death or partial disability brought on by a selected activity up to RM 10,000.00. Most essentially, the YAS ACTYVE plan covers a diverse selection of sports not limited to running, cycling, gym, yoga, water activities and much more.
Kindly visit YAS’s website for more in-depth information on the types of activities insured.
How to redeem and activate your ACTYVE 3 passes:
Step 1: Download the ‘YAS Malaysia’ app on your smartphone
Step 2: Utilise the promotional code: ‘GARMIN’
Step 3: Tap ‘GO’ to kickstart your protection (before the activity begins) and ‘END’ once it is completed.
Step 4: Enjoy your activity knowing that we’ve got your back.
Users can access third party apps such as Spotify, WhatsApp and more once the protection has been activated within the YAS Malaysia app. Should their smartphone run out of battery in the midst of working out, the protection carries on.
In the case of any unfortunate events, users will need to simply provide their relevant details and necessary information when submitting for claims. For more information, kindly refer to this page.
Important to note* This redemption is only available until the 31st of December 2022 and the plans will last up to 3 months in total from the date of redemption.
“We are committed in helping our customers get the best out of their activities and this initiative with YAS Digital Malaysia is part and parcel of ensuring that our users can focus on their training and having the most fun without worrying about injuries and personal items. Said Mr. Ivan Ong, General Manager, Aeco Technologies (Garmin Distributor). He continued, “ For example, if you damage your Garmin smartwatch on a hike, your repair or replacement is insured up to RM 2,000.00. You can go right back to doing what you love after”.
Andy Ann, the Co-Founder of YAS added, “We are very excited to launch this partnership with Garmin Malaysia. At its core, Garmin and YAS technology align in our objectives to be an essential part of our users’ daily lives. Garmin users can now try our coverage plans and have the ability to Track, Analyse and Protect themselves on the go.”
Together, Garmin and Yas Digital Malaysia is looking forward to exploring a technological integration whereby users can opt to automatically have their sports activities insured with just a click on their Garmin device. This would set a new standard and innovate how digital insurances can strengthen the value of global IOT devices.
Additionally, those interested can purchase the plans in packages of 3 or 12 units of activities for the affordable prices of RM 3.00 and RM 10.80 respectively.
For more information on the sports insurance plans, please visit YAS Malaysia’s official website:https://my.yas.io/