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What happens if I miss renewing my vehicle insurance on time?

If you happen to miss the renewal date for your vehicle insurance, it’s important to be aware of the consequences. One significant outcome is that your vehicle will no longer have insurance coverage, which means it’s exposed to potential financial risks in case of accidents, damages, or other unfortunate events. Additionally, driving without insurance is against the law in many jurisdictions, including Malaysia. As a result, you may face legal penalties, fines, or other legal actions if caught driving without the necessary insurance coverage. To avoid these complications and ensure both financial security and legal compliance, it’s crucial to renew on time. But don’t worry if you renew your vehicle using iLyF we will remind you at least 2 weeks before your policy expires.

Published on January 23, 2025

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