Committed to supporting the national agenda for achieving social well-being

KUALA LUMPUR, Feb 27 (Bernama) -- FWD Takaful Berhad (“FWD Takaful”) is introducing two new takaful plans for members of the Employees Provident Fund (EPF). The improved plans, with added benefits, are auto-renewable on a yearly basis and offer coverage to include EPF members as well as their spouses and up to 10 children. EPF members can participate in the FWD i-Lindung Term Takaful Plan and FWD i-Lindung Critical Illness Plan at low contribution rates, using funds from their EPF Account 2.

Salim Majid Zain, Chief Executive Officer, FWD Takaful, said, “The FWD i-Lindung Term Takaful Plan and FWD i-Lindung Critical Illness Plan are innovative products that reinforce our commitment to protect the financial well-being of our customers while also offering a unique opportunity to channel funds from members’ EPF Account 2 towards comprehensive protection. By extending the option to utilise EPF Account 2 funds, we are supporting the national agenda for achieving social well-being and empowering our customers to make the most of their existing resources, while securing their future as well as that of their loved ones. These new plans are testament of FWD Takaful’s customer-led approach and dedication towards inclusivity and diversity, as well as making quality healthcare accessible.”
 
The FWD i-Lindung Term Takaful Plan is an affordable auto-renewable yearly term plan that offers coverage from RM10,000 to RM200,000. The coverage includes death and total & permanent disability (TPD) benefits, 200% payout for death and TPD due to accidental causes, RM500 one-time payment upon first diagnosis of infectious diseases, and a compassionate death benefit of RM3,000.
 
According to FWD Takaful claims data as at December 2022, cancer, heart attack, and stroke make up approximately 78% of all critical illness claims. In view of that, FWD i-Lindung Critical Illness Plan is an auto-renewable yearly 2-in-1 Critical Illness (CI) plan that provides critical illness benefits from early to advanced stages as well as full payment of sum covered upon death. The plan offers the sum covered from RM10,000 to RM200,000. The benefits provided are death benefits due to all causes, and CI benefits for Carcinoma-in-situ (CIS) or cancer, heart attack and stroke. Other major medical treatment covered by this plan include dialysis, angioplasty, intensive care unit (ICU) stay for 7 days, non-invasive procedures for heart conditions, complex surgery, and major organ transplant.
 
The plans are offered to EPF members aged 17 and above via the new KWSP i-Akaun mobile application. Participate in the ‘Protect with i-Lindung’ campaign to receive Touch ‘n Go eWallet vouchers worth up to RM200. Customers must use the code ‘LINDUNG’ before checkout, when signing up for either plan. Limited quantities available, the 2-month campaign starts on 7 February 2024 and ends on 31 March 2024. To find out more about FWD i-Lindung Term Takaful Plan and FWD i-Lindung Critical Illness Plan, please visit  https://www.fwd.com.my/direct/i-lindung-epf/. Alternatively, call 1300 13 7988 or email contact.my@fwd.com for more information about the importance of protection and how you can bring meaningful life plans into action. Terms and conditions apply.

The benefit(s) payable under eligible certificate is protected by Perbadanan Insurans Deposit Malaysia (PIDM) up to limits. Please refer to PIDM's TIPS Brochure or visit www.pidm.gov.my or contact FWD Takaful Berhad.

FWD Takaful Berhad is a member of PIDM.

About FWD Takaful Berhad

FWD Takaful Berhad (“FWD Takaful”) is part of FWD Group, a pan-Asian life insurance business with more than 11 million customers across 10 markets, including some of the fastest-growing insurance markets in the world. FWD reached its 10-year anniversary in 2023. The company is focused on making the insurance journey simpler, faster and smoother, with innovative propositions and easy-to-understand products, supported by digital technology. Through this customer-led approach, FWD is committed to changing the way people feel about insurance.

FWD Takaful is a takaful provider in Malaysia that offers family takaful services, licensed under the Islamic Financial Services Act 2013 and is regulated by Bank Negara Malaysia.

Visit fwd.com.my.