Insurer to contribute to B40 Health Protection Fund

FOLLOWING its announcement to the Singapore Exchange, Great Eastern Holdings Limited reaffirmed its commitment to support the B40 Health Protection Fund announced by Finance Minister Lim Guan Eng during the budget speech earlier this month.

The B40 Health Protection Fund is an initiative piloted by the Federal Government in partnership with the private insurance industry. The fund’s objective is to help Malaysian households become more financially resilient through insurance and takaful protection.

Great Eastern Holdings group chief executive officer Khor Hock Seng said: “We are grateful to Lim for the opportunity to participate in the B40 Health Protection Fund as we strongly believe in the good that it will do.

“Our earlier communications could have resulted in some misinterpretation of our intent and we regret the inconvenience.

“We are committed to collaborate closely with the relevant authorities towards the success of the B40 Health Protection Fund.”

Through its contribution to the B40 Health Protection Fund, Great Eastern is supporting the Government to address social welfare protection coverage and help the lower income segment in the community.