Zurich Malaysia has announced two new medical riders catering to different customer needs to provide greater access to medical plans for peace of mind.
The new business premiums (NBPs) for the life insurance and family takaful industry is anticipated to chalk up a higher single-digit growth in the second half of 2022 and 2023 amid the challenging market conditions, said RAM Rating Services Bhd.
Financial planners need to embrace technology to better serve their clients, as digital tools can enhance the effectiveness and efficiency of their services, as well as increase their appeal to more technology-savvy investors such as the younger generation.
The government needs to further intensify programmes and initiatives on financial planning literacy among low-income families (B40) in Malaysia, so that they are aware of the importance of insurance and takaful.
AIA Public Takaful Bhd (AIA Public Takaful) has launched a product to help Malaysians achieve financial security and has gone the extra mile to empower the Bumiputera segment to build wealth in the post-pandemic era.
Allianz Life Insurance Malaysia Bhd has launched Allianz Legacy Plus, a limited-pay, universal life plan which covers policyholders up to the age of 88 years, which was crafted with the aim of securing our customer's legacy for their loved ones.
AIA Malaysia has partnered with ThoughtFull, a digital mental health platform based in Southeast Asia, to provide the insurer's corporate customers with end-to-end mental health support as part of its corporate solutions portfolio.
This year's Asia Trusted Life Agents & Advisers Awards (the Awards) ceremony on 26 July saw 16 winners from seven markets celebrated for their contributions to the life insurance industry. The winners were chosen from 65 finalists shortlisted from 222 nominations from 12 markets. Due to the uncertain nature of the COVID-19 pandemic, the organisers have chosen to hold the awards presentation virtually.
Within a week of its launch on July 12, about 6,000 of some 15 million Employees Provident Fund (EPF) members had subscribed to its i-Lindung platform under the Members Protection Plan.
Employees Provident Fund (EPF) contributors will now be able to buy insurance and takaful products at an affordable premium from Account 2 with the launch of the EPF Members Protection Plan, i-Lindung, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
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