Micashback™

Get 10% of your premiums back 
after just two claim-free years. Ts and Cs apply

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Get 10% back

after two claim-free years

We’ll call you now

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Micashback™ means 
when you don’t claim, 
you gain!

You get 10% of your premiums back in cash every two years. Just make sure you make no claims and there’s no break in your cover.*

It’s just one more way for us to make your life a little easier, with a whole lot more value.

Here’s how it works

You need at least one qualifying Miway product for your Micashback™ bonus to kick in. That’s how it all begins!

01
Get a quote

Fill in your details to get 
a call-back and a quote on a qualifying product.

02
Accept the quote

Accept the quote, sign your contract and pay your first premium on time.

03
Go claim-free for 2 years

Pay all your premiums so there’s no break in your cover and 
make no claims.

04
Get 10% cash back*

After two years from the start date of your policy, get 10% of your premiums back. Ts and Cs apply

Read through all the Micashback terms and conditions so you know what to expect.

Need some answers?

As a Miway policyholder with at least one qualifying product, your Micashback™ cycle starts automatically when it is first noted on your policy. If you remain claim-free, pay your premiums in full and on time, and maintain continuous cover, you can earn 10% cashback on your qualifying paid premiums every two years. Your bonus is paid 30 days after the end of the 2-year Micashback™ cycle.

You can find your latest Micashback™ information, including your projected payout amount and expected payout date, on the Miway App.

Yes, you can submit a claim before your Micashback™ payout date. However, your payout depends on remaining claim-free throughout the entire Micashback™ cycle.

If a claim is still in progress when your Micashback™ payout becomes due, your Micashback™ payout will be placed on hold until the claim is finalised. If the claim is withdrawn, your Micashback™ will be paid out. If the claim is approved, your Micashback™ will be forfeited.

Claims submitted after the end of the Micashback™ cycle will not affect your current payout, provided the incident did not occur during that completed Micashback™cycle.