Prudential Malaysia launches insurance, takaful plans for EPF members


KUALA LUMPUR: Prudential Malaysia has been appointed by the Employees Provident Fund (EPF) as one of many insurance coverage and takaful operators to supply reasonably priced and simple-to-understand safety plans to all EPF members beneath the i-Lindung initiative.

The initiative, launched by Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz, is meant to

present reasonably priced and accessible safety protection to Malaysians.

Prudential Assurance Malaysia Bhd chief govt officer (CEO) Lim Eng Seong mentioned the corporate is extremely supportive of the EPF i-Lindung programme as they share a standard function of serving to Malaysians to realize a greater monetary future.

“With the presence of safety plans, EPF members can safeguard their financial savings and retirement funds ought to the unlucky occurs,” he mentioned in a press release together with the launch of i-Lindung at the moment.

According to Bank Negara Malaysia statistics, solely 41 per cent of Malaysians at present have a minimum of one particular person or group life insurance coverage coverage or household takaful certificates.

Prudential BSN Takaful Bhd CEO Wan Saifulrizal Wan Ismail mentioned as an organisation that promotes “Takaful For All, For Life”, the corporate has made it its mission to assist Malaysian households safe their futures by way of revolutionary options constructed on Islamic values.

“By introducing these inclusive and budget-friendly plans beneath i-Lindung, we need to encourage extra Malaysians to be financially protected, to make sure that they and their households dwell with peace of thoughts,” he mentioned.

The 4 plans launched by Prudential Malaysia are PRUGuardLife and PruBSN Lindung (time period safety) and PRUCare Life and PruBSN Cegah (crucial sickness safety).

EPF members can enroll for the safety plan immediately by finishing a number of easy health-related questions and make premium or contribution funds immediately from their EPF on-line portal — i-Akaun, with only a one-time fee for an entire-year protection as much as RM100,000, the insurance coverage company mentioned.

It mentioned PRUCare Life and PruBSN Cegah are crucial sickness plans that present EPF members with monetary help upon analysis of 43 sorts of crucial diseases, in addition to dengue fever.

“Members can use the lump-sum payout to fund medical remedies or mitigate the lack of earnings attributable to the sickness, with a premium/contribution from as little as RM8.40 for one-year protection,” it mentioned.

Meanwhile, PRUGuard Life and PruBSN Lindung, however, are time period insurance coverage or takaful plans that supply lump-sum loss of life and complete and everlasting incapacity advantages to make sure households are taken

care of within the occasion of lack of life or lack of earnings attributable to incapacity.

Customers can select a protection quantity that most closely fits their wants and budgets, from as little as RM10.40 for one yr of protection.

“Upon signing up for their plan of selection, prospects can simply view their certificates in just some clicks by way of the PRUServices characteristic on the Pulse by Prudential app, which is on the market to all Prudential Malaysia prospects,” it mentioned.

In addition, Prudential Malaysia prospects may also submit their claims by way of PRUServices and preserve monitor of the up-to-date declare standing.

In conjunction with the launch of i-Lindung, Prudential Malaysia has additionally launched the MyRezeki marketing campaign, whereby EPF members who’ve bought or subscribed to Prudential Malaysia’s insurance coverage or takaful plans by Sept 30, 2022, will stand an opportunity to win prizes price over RM100,000.

For extra data, please go to and – Bernama

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