Over 14,000 takaful plans purchased from PruBSN using EPF Account 2
KUALA LUMPUR: More than 14,000 takaful protection plans have been purchased from Prudential BSN Takaful Bhd (PruBSN) by Employees Provident Fund (EPF) members under the i-Lindung initiative. PruBSN chief executive officer Wan Saifulrizal Wan Ismail said the second iteration of the EPF i-Lindung initiative will assist more people in protecting themselves and their families against […]
Insurance, takaful industry broadens reimbursement eligibility for Covid-19 Test Fund
KUALA LUMPUR: The Life Insurance Association of Malaysia (LIAM), Persatuan Insurans Am Malaysia (PIAM) and the Malaysian Takaful Association (MTA) have broadened the reimbursement eligibility to encourage more insurance policyholders/takaful certificate holders to undergo Covid-19 tests. In a joint statement, they said under the revised eligibility, policyholders/certificate holders can claim from the Covid-19 Test Fund (CTF) if they: have acute respiratory […]
FWD Takaful launches Medical Rider, Medical Executive Rider
KUALA LUMPUR: FWD Takaful Bhd today launched two new takaful medical riders — the FWD Medical Rider and FWD Medical Executive Rider. In a statement today, FWD Takaful said the FWD Medical Rider offers comprehensive coverage and benefits for Malaysians for hospitalisation or surgery due to sickness or accidental injury. The FWD Medical Executive Rider, meanwhile, offers […]
Insurance, Takaful services continue amid movement restrictions
KUALA LUMPUR: Insurance companies and Takaful operators will remain open to provide services to their customers during the 14-day Movement Control Order that starts from today until March 31. Life Insurance Association of Malaysia (LIAM), Persatuan Insurans Am Malaysia (PIAM) and the Malaysian Takaful Association (MTA) said proactive steps would be taken to ensure that essential […]
Takaful myClick MozzCare coverage for Covid-19
KUALA LUMPUR: Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) through its general takaful arm, Syarikat Takaful Malaysia Am Bhd, has introduced its latest affordable online protection plan, Takaful myClick MozzCare, that provides coverage against dengue and Zika infection as well as a complimentary extension of coverage for the 2019 novel Coronavirus (Covid-19). Group chief executive officer Datuk […]
mySalam Scheme insufficient to meet B40 takaful needs
KUALA LUMPUR: The benefits of the free National Health Protection Scheme, mySalam, may not be sufficient to meet the takaful needs of the Bottom 40 per cent household income (B40) group and make a significant penetration in this segment, said a research consultant. Dr Schanz, Alms & Company partner Henner Alms said the demand for […]
