Lack of life insurance a ticking time-bomb, says industry

Raya cheer: Some 200 children from five charitable homes enjoying themselves at the event in Kuala Lumpur. — Bernama

KUALA LUMPUR: Less than half of the Malaysian population is insured, according to industry players who urged the public to have adequate medical coverage to handle unexpected illnesses in their old age.

They said this is important especially as the country is moving towards an ageing society.