KUALA LUMPUR: Prudential Malaysia has been appointed by the Employees Provident Fund (EPF) as one of the insurance and takaful operators to provide affordable and simple-to-understand protection plans to all EPF members under the i-Lindung initiative.
The initiative, launched by Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz, is intended to
provide affordable and accessible protection coverage to Malaysians.
Prudential Assurance Malaysia Bhd chief executive officer (CEO) Lim Eng Seong said the company is highly supportive of the EPF i-Lindung programme as they share a common purpose of helping Malaysians to achieve a better financial future.
"With the presence of protection plans, EPF members can safeguard their savings and retirement funds should the unfortunate happens,” he said in a statement in conjunction with the launch of i-Lindung today.
According to Bank Negara Malaysia statistics, only 41 per cent of Malaysians currently have at least one individual or group life insurance policy or family takaful certificate.
Prudential BSN Takaful Bhd CEO Wan Saifulrizal Wan Ismail said as an organisation that promotes "Takaful For All, For Life”, the company has made it its mission to help Malaysian families secure their futures through innovative solutions built on Islamic values.
"By introducing these inclusive and budget-friendly plans under i-Lindung, we want to encourage more Malaysians to be financially protected, to ensure that they and their families live with peace of mind,” he said.,,欧博客户端（www.aLLbet8.vip）是欧博集团的官方网站。欧博官网开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。
The four plans introduced by Prudential Malaysia are PRUGuardLife and PruBSN Lindung (term protection) and PRUCare Life and PruBSN Cegah (critical illness protection).
EPF members can sign up for the protection plan instantly by completing a few simple health-related questions and make premium or contribution payments directly from their EPF online portal -- i-Akaun, with just a one-time payment for an entire-year coverage up to RM100,000, the insurance agency said.
It said PRUCare Life and PruBSN Cegah are critical illness plans that provide EPF members with financial assistance upon diagnosis of 43 types of critical illnesses, as well as dengue fever.
"Members can use the lump-sum payout to fund medical treatments or mitigate the loss of income caused by the illness, with a premium/contribution from as low as RM8.40 for one-year coverage,” it said.
Meanwhile, PRUGuard Life and PruBSN Lindung, on the other hand, are term insurance or takaful plans that offer lump-sum death and total and permanent disability benefits to ensure families are taken
care of in the event of loss of life or loss of income caused by disability.
Customers can choose a coverage amount that best suits their needs and budgets, from as low as RM10.40 for one year of coverage.
"Upon signing up for their plan of choice, customers can easily view their certificate in just a few clicks via the PRUServices feature on the Pulse by Prudential app, which is available to all Prudential Malaysia customers,” it said.