KUALA LUMPUR, Feb 27 (Bernama) — FWD Takaful Berhad (“FWD Takaful”) is introducing two new takaful plans for members of the Employees Provident Fund (EPF). The improved plans, with added benefits, are auto-renewable on a yearly basis and offer coverage to include EPF members as well as their spouses and up to 10 children. EPF members can participate in the FWD i-Lindung Term Takaful Plan and FWD i-Lindung Critical Illness Plan at low contribution rates, using funds from their EPF Account 2.
Salim Majid Zain, Chief Executive Officer, FWD Takaful, said, “The FWD i-Lindung Term Takaful Plan and FWD i-Lindung Critical Illness Plan are innovative products that reinforce our commitment to protect the financial well-being of our customers while also offering a unique opportunity to channel funds from members’ EPF Account 2 towards comprehensive protection. By extending the option to utilise EPF Account 2 funds, we are supporting the national agenda for achieving social well-being and empowering our customers to make the most of their existing resources, while securing their future as well as that of their loved ones. These new plans are testament of FWD Takaful’s customer-led approach and dedication towards inclusivity and diversity, as well as making quality healthcare accessible.”