KUALA LUMPUR: Etiqa Family Takaful Bhd believes it is high time for the insurance industry to start providing medical coverage to people with pre-existing illnesses which are at the early stage due to developing trends in modern day medical advancements that allow for more efficient disease detection.
The company, which is the second biggest family takaful provider (or life insurance provider in conventional insurance) in the country, said providing medical coverage for those with early stage diseases can increase the insurance penetration rate in the country and spur industry growth.