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Etiqa supports the RAHMAH affordability initiative by launching RAHMAH Personal Accident Insurance and Takaful plans

Malaysia

 

Etiqa today launched RAHMAH Personal Accident Insurance and RAHMAH Personal Accident Takaful in support of the Ministry of Domestic Trade and Cost of Living’s ‘Insurans RAHMAH’ and ‘Takaful RAHMAH’ initiative. Underwritten by Etiqa General Insurance Berhad and Etiqa General Takaful Berhad, these affordable plans will help encourage more Malaysians, especially those in the B40 category, to secure insurance or takaful coverages. The plans are available at all Etiqa branches, nationwide.

Etiqa’s RAHMAH PA Insurance and RAHMAH PA Takaful will compensate participants suffering from permanent disablement due to an accident or illness, or death from accidents with coverage worth up to RM80,000. Participants of the plan also have the flexibility to pay the premium or contribution either monthly at only RM5 or annually at RM36. Malaysians are eligible to participate the plan as long as they are between 16 to 65 years old and their plans are renewable until the age of 70. The benefits of the plan are listed in the table below:

No

Benefits

Sum Insured / Sum Covered (RM)

Sum Insured / Sum Covered (RM)

 

PLAN 1 – Monthly payment of RM5

  

1

Death from accidents

Up to 80,000

2

Permanent Disability from accidents

 

Total and Permanent Disability (TPD)

Up to 80,000

Loss of arm or hand at wrist – one or both

Loss of leg – one or both

Total loss of sight of – one or both eyes

3

Funeral Allowance in the event of Death from accidents

1,000

 

 

  
 

PLAN 2 – Annual payment of RM36

  

1

Death from accidents

Up to 40,000

2

Permanent Disability from accidents

 
 

Total and Permanent Disability (TPD)

 

Up to 40,000

 

Loss of arm or hand at wrist – one or both

 

Loss of leg – one or both

 

Total loss of sight of – one or both eyes

3

Funeral Allowance in the event of Death from accidents

 

1,000

Kamaludin Ahmad, Group CEO of Etiqa Insurance & Takaful said, “Etiqa is honoured to collaborate on this initiative to offer affordable insurance and takaful coverage for all Malaysians. Etiqa’s RAHMAH Personal Accident Insurance and Takaful provides Malaysians with a budget friendly choice to secure their peace of mind. As this is an accident plan, medical check-ups are not needed, hence policy and certificate holders are protected immediately upon enrolment.

Supporting the Government’s ‘Insurans RAHMAH’ dan “Takaful RAHMAH” initiative are in line with Etiqa’s vision of Making the World a Better Place. Customers are able to sign-up or subscribe to the plan by visiting our branches, which makes the underwriting process Fast and Easy while getting the Best Advice, reflecting Etiqa’s organizational culture,” he added.

For further information, customers may reach Etiqa Oneline at 1300 13 8888 or visit our website at www.etiqa.com.my