National Association of Malaysian Life Insurance Fieldforce and Advisers (Namlifa) president James Bong
BEGINNING next year, insurers must offer pure protection products through a direct channel without commissions under the LIFE Framework – a Bank Negara effort to bring costs down as most Malaysians are under-insured.
With new technologies and new markets, liberalisation isn’t something we can stop, shrugs National Association of Malaysian Life Insurance and Family Takaful Advisors (Namlifa) president James Bong.
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