KUALA LUMPUR, July 13 – FWD Takaful Berhad (“FWD Takaful”) introduces two takaful plans to eligible Employees Provident Fund (“EPF”) members. EPF members can now withdraw from their Account 2 and participate in the FWD eTerm Takaful Plan and FWD eCritical Illness Plan through the i-Lindung platform within the EPF i-Akaun (Member) portal at kwsp.gov.my.
Salim Majid Zain, FWD Takaful’s Chief Executive Officer, said, We’re committed to expanding social well-being for all Malaysians, including EPF members. As such, we’re grateful to EPF for giving us the opportunity to empower EPF members by making takaful coverage accessible, affordable and convenient. The application process for FWD eTerm Takaful Plan and FWD eCritical Illness Plan is simple with no medical examination needed.
This initiative presents another key milestone in our vision of changing the way people feel about Takaful. FWD eTerm Takaful Plan provides coverage of up to RM200,000 for death and total and permanent disability (TPD). With this plan, EPF members are entitled to a double coverage benefit for death or TPD due to accidental causes for up to RM400,000. To ease the financial burden of customers’ next of kin, the plan provides an immediate funeral expense benefit of RM3,000.
As well as an option to donate part of the covered amount to a selected charity body. FWD eCritical Illness Plan, on the other hand, is a unique and affordable 2-in-1 plan which covers up to RM100,000 for both death and critical illness. The critical illnesses covered are the main 3 which is cancer, heart attack and stroke with comprehensive coverage from early to advanced stages.
