Kuala Lumpur, 5 December 2019 – FWD Takaful Berhad (formerly known as HSBC Amanah Takaful (Malaysia) Berhad) (“FWD Takaful”) today launched its first online Family Takaful cancer plan, FWD Care Direct. The plan is quick and easy to apply for and provides instant coverage from RM100,000 to RM250,000, offering a 100% pay-out upon diagnosis including early stage of cancer to assist customers with covering the cost of cancer treatment.
Salim Majid Zain, Chief Executive Officer of FWD Takaful said, “FWD Takaful understands the importance of early detection for Malaysians, which increases the chances of successful treatment. We strive to ensure that families can always have confidence, knowing that FWD Takaful has got them covered with new and innovative plans.”
This launch also marks an important milestone for FWD Takaful in being inclusive to all the different and underserved segments of society. Deaf or hard of hearing individuals in Malaysia will now be able to take up and participate in two Takaful products, available online at no additional cost, providing them with much needed protection.
“At FWD Takaful, we believe in creating an inclusive culture where people with different abilities are welcome. We strive to provide coverage to all segments of society, which is in line with our vision of empowering people to live fulfilled lives, through all our product offerings,” Salim added.
FWD Care Direct also provides Takaful coverage to a family of four under one plan similar to our first online product. Non-smoking parents in their mid-thirties with two young children can obtain a family plan offering RM150,000 in coverage for each family member for as low as RM76 a month for the entire household. FWD Takaful will continue to provide full coverage for each of the remaining three family members once the cancer benefit is paid to the certificate owner.
Single persons may also sign up for FWD Care Direct. A 35-year old non-smoking single can obtain a plan which offers RM150,000 in coverage with monthly contributions of as low as RM28 for men and RM44 for women.
FWD Care Direct covers anybody, from children as young as a month old to 60 year old seniors. Participants may opt for coverage for up to 30 years, subject to expiry age of 75 for an adult and 25 for a child.