LIAM lauds proposal on employers’ health insurance

THE Life Insurance of Malaysia (LIAM) has welcomed the government's proposal for employers to provide medical and health insurance to employees.  

But LIAM said it hoped the government would seriously consider its proposal to increase the personal tax relief for life insurance premiums to RM5,000 (from the current relief of up to RM3,000 for education and medical policies) as it would encourage more Malaysians to take up their own medical and health insurance.