X Close

Archives

Published: Monday November 16, 2009 MYT 2:44:00 PM
Updated: Monday November 16, 2009 MYT 2:58:22 PM

Prudential BSN Takaful launches new medical plan

KUALA LUMPUR: Prudential BSN Takaful (PruBSN), introduced its latest medical plan - the Takaful Health - a "first" for the Takaful industry in Malaysia with its annual No Claim Bonus (NCB).

PruBSN is a joint venture company between Bank Simpanan Nasional (BSN) and Prudential PLC (Prudential).

Its chief operating officer Azim Mithani said Takaful Health provides comprehensive hospital and medical coverage until age 80 as an extension to the Takafulink and Takaful Cerdik, the company's pioneering investment-linked protection and educational insurance plans respectively.

"However, unlike other medical plans, Takaful Health also pays our customers to stay healthy through its innovative NCB feature of up to RM500, depending on the package.

"Basically, if they don't make a claim, we pay our customers," he told reporters after the product launch here on Monday.

The new product has received an encouraging response since commencing sales on November 12.

"As such, PruBSN expect it to be a significant contributor to our business," he added.

He also said there was enormous potential for the Takaful industry to grow, due to the still low take-up by Muslims for Takaful coverage.

"I am confident that with the strategies in place, we will be able to help accelerate the development and growth of the Malaysian Takaful industry," he added.

Azmi also said PruBSN will also be introducing several products next year.

PruBSN has about 300,000 customers at present. - Bernama

advertisement

  1. Karpal Singh dies in car accident
  2. Johor man first person in Asia to succumb to MERS
  3. High time for the leaders to act
  4. I am Sabahan - and that is that
  5. Water tunnel to function soon
  6. AirAsia Group says will move into KLIA2 by May 9 (Update)
  7. India's highest court recognises transgenders as 'third gender'
  8. MH370 search: Remark on solving mystery in one second illogical, says Najib
  9. Crane falls off 11-storey building, killing operator
  10. Burst pipe along Jalan Universiti sparks anger

advertisement

advertisement