takaful

BNM orders insurers to review premium hikes, offer fairer options

The central bank steps in to ensure policyholders have access to affordable coverage amid rising healthcare costs

Life, general insurance premiums hit RM20 bil from Jan to June: BNM governor  

Family and general takaful sectors also had strong growth with total contributions of over RM7 billion 

New co-pay policy for medical insurance, takaful can hit low-income customers, says Fomca

Consumer group suggests co-payment be implemented on a sliding scale so that those earning less would pay less or zero

Co-pay now mandatory for medical insurance, takaful products, says MoF

Ministry announces that implementation will begin in third quarter of this year, aiming to mitigate rising premium costs

New rules require min RM500 co-pay for medical insurance to cut costs, curb unnecessary claims

BNM’s policy document stipulates operators to offer at least one product with minimum co-pay amount alongside existing products, effective Sept 1 
Load more

◉ Popular

Sarjit admits tough Australia tour key to Speedy Tigers’ growth

National coach prioritises player development over results in challenging six-match series

Leaked gas vapours easily ignited, leading to massive explosion in Putra Heights: fire expert

KUALA LUMPUR – The gas pipeline fire in Putra Heights, Subang Jaya, today is believed to have been caused by a “boiling liquid expanding vapour explosion” (BLEVE), according to a retired senior...

Budget 2025: KBS urged to collaborate with KPKT for grassroots talent development

National junior hockey coach calls for increased funding and joint efforts between Youth and Sports Ministry and Housing and Local Government Ministry to utilise underused facilities and nurture future athletes for the 2027 SEA Games

Copyright © 2023. All rights reserved.