KUALA LUMPUR, The Life Insurance Association of Malaysia (LIAM) on Wednesday launched the Starter Pack Insurance Fund (SPIF) through its i-MULA 50 initiative, designed to make life insurance more accessible and affordable for 100,000 eligible Malaysians.
LIAM chief executive officer Mark O’Dell said the initiative provides a one-off RM50 subsidy for each qualifying life insurance policy, with coverage including benefits for death, total and permanent disability, critical illness, medical expenses and hospital income.
