KUALA LUMPUR, June 1 (Bernama) — Malaysians recognise the importance of having a financial plan to secure enough savings for retirement and the essential part insurance plays in such planning, as they expect to retire younger than their peers in Asia and experience the early onset of age-related health issues, according to new research by Manulife.
The Malaysia section of the new Manulife Asia Care Survey 2023* shows that nearly all Malaysians surveyed (96%) have health related anxieties, notably relating to the cost of treatment (42%) and possible loss of income because of illness (38%). It also shows that respondents view insurance favourably with 76% intending to purchase it during the coming year.
