Takaful Malaysia Provides Personal Accident Coverage to LPPSA Customers under the i-Prihatin Programme

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Kuala Lumpur, 26 July 2021 – Syarikat Takaful Malaysia Keluarga Berhad (“Takaful Malaysia”), the FIRST Islamic insurance company in Malaysia through its General Takaful arm, Syarikat Takaful Malaysia Am Berhad (“STMAB”) has collaborated with Lembaga Pembiayaan Perumahan Sektor Awam (“LPPSA”) to introduce an affordable personal accident plan exclusively for LPPSA customers.

Group Chief Executive Officer of Takaful Malaysia, Dato’ Sri Mohamed Hassan Kamil said, “The introduction of our Takaful myProtect PA to LPPSA customers mark another landmark in our established long-standing partnership. Currently, we are one of the insurance panels for LPPSA in offering the Mortgage Reducing Term Takaful (“MRTT”) for home financing offered to employees in public sectors. Our Takaful myProtect PA offering through the LPPSA’s i-Prihatin Programme is a testament to our ongoing commitment in providing insurance solutions to meet the diverse needs of LPPSA customers and add value to the products and services we offer.”

Takaful myProtect PA provides comprehensive personal accident coverage in the event of accidental death, total and permanent or partial disability up to RM100,000. LPPSA customers are eligible to apply for the additional protection plan with an affordable contribution of only RM100 per year, which offers a wide range of benefits and coverage, including additional protection for accidental death or total and permanent disability due to an accident when traveling abroad or in a public conveyance. Takaful myProtect PA also provides other benefits and coverage such as Badal Hajj, medical expenses and ambulance fee, funeral expenses, snatch theft injury allowance, loss due to ATM robbery, dengue recuperation allowance, and accidental daily hospital allowance.

LPPSA’s Chief Executive Officer, Mohd Farid Dato’ Haji Nawawi explained, “This collaboration with our insurance panels through the i-Prihatin programme serves as part of our responsibility in providing a product that can fulfil the needs of our customers in difficult situations, and such collaborations will help us to identify and anticipate the protection needs of our customers. This product is offered on an optional basis for existing LPPSA active account holders, and it provides additional protection and benefits apart from the coverage accorded from the existing MRTA/MRTT which is included in the financing. We strongly believe that the added enhancement in the personal accident coverage will provide peace of mind and added financial security to LPPSA customers when it is needed the most.”

“We make it simple and easy for LPPSA customers to sign up the personal accident coverage, which can be completed in minutes through the LPPSA portal. LPPSA customers will receive an e-Certificate upon a successful transaction, and they can access their certificate details, update their personal particulars, as well as access other relevant info available through our customer portal. For other comprehensive online protection plans, LPPSA customers can visit our Click for Cover Online Sales Portal and discover the right plan to suit their needs, such as motor insurance, medical coverage, and more,” said Dato’ Sri Hassan Kamil in conclusion.