Life insurers, family takaful operators offer relief measures to assist flood victims


LIAM President Loh Guat Lan

KUALA LUMPUR: Life insurance and family takaful policyholders affected by the floods have been offered a range of support and relief measures, including an extra timeline of a few months for payment of premiums/contributions.

These measures, which are subject to insurers’ and takaful operators’ terms and conditions, were announced by the Life Insurance Association of Malaysia (LIAM) and Malaysian Takaful Association (MTA) in a joint statement today.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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LIAM , MTA , Life insurance , Takaful , Flood victims

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