KUALA LUMPUR, March 26 (Bernama) — The Life Insurance Association of Malaysia (LIAM) and the Malaysian Takaful Association (MTA) are pleased to announce that all life insurance companies and family takaful operators have extended the 3-month deferment premium / contribution payment initiative for policy/certificate holders who are financially affected by the pandemic to 30 June 2021.
During this period, life insurers and family takaful operators will continue to provide insurance and takaful protection to the affected policy/certificate holders including those who are unable to earn an income to have a grace period of three months (or 90 days) to pay premium/ contribution due.
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