KUALA LUMPUR, April 19 (Bernama) — FWD Takaful Berhad (“FWD Takaful”) has launched FWD Big 3 Critical Illness, a simple and consumer-friendly online product that provides coverage against cancer, heart attack or stroke. To meet the fundamental life protection needs, this regular contribution plan offers up to RM20,000 death benefit, with options to enhance the plan via the neurological and heart disorders benefit rider.
There is a lack of coverage among Malaysians for critical illnesses even though they’re the top three death causes, specifically cancer, stroke and heart attack. These three critical illnesses also make up 85%¹ of critical illness claims. Furthermore, only 6.15%² of Takaful certificates issued online were from the critical illness category.