4 March 2021 | Kuala Lumpur
FWD Takaful Berhad (“FWD Takaful”) has launched a RM1 Million COVID-19 Vaccine Special Fund for all eligible customers in the event of hospitalisation or death due to any complications or side effects arising from COVID-19 vaccinations.
Salim Majid Zain, FWD Takaful’s Chief Executive Officer, said, “It’s heartening to know that the COVID-19 vaccine is now available to protect Malaysians from the virus. In the meantime, we’ve launched a special fund for all our customers* to be prepared for all possibilities.”
As an inclusive Takaful provider, FWD Takaful is dedicating the special fund to all our customers*, including those in the underserved segment who take up our micro-takaful plan, FWD Kasih, and our plan dedicated for the disabled segment, FWD SpecialCare Direct, to help secure their future.
FWD Takaful will cover all new and existing customers* with additional protection and benefits of the COVID-19 Vaccine Special Fund without any additional contribution. The fund provides coverage as follows:
Benefits |
Certificate Owner/ Person Covered |
Hospitalisationat any Malaysian government/private hospital due to any complications or side effects arising from COVID-19 vaccinations |
MYR 200/day up to 7 days |
Deathdue to any complications or side effects arising from COVID-19 vaccinations |
MYR 20,000/person |
About FWD Takaful Berhad
FWD Takaful Berhad (“FWD Takaful”) is a Takaful provider in Malaysia that offers family Takaful services. FWD Takaful is licensed under the Islamic Financial Services Act 2013 and is regulated by Bank Negara Malaysia.
It is a Takaful business unit of FWD Group (“FWD”) – which spans Hong Kong & Macau, Thailand, Indonesia, the Philippines, Singapore, Vietnam, Japan and Malaysia; offering life and medical insurance, general insurance, employee benefits, Shariah and family Takaful products across a number of its markets.
FWD is focused on creating fresh customer experiences and 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 aims to become a leading pan-Asian insurer that changes the way people feel about insurance.
Established in Asia in 2013 with a trailblazer mentality, FWD is the primary insurance business of investment group, Pacific Century Group.
For more information, please visit fwd.com.my.