FWD Takaful Berhad is rolling out two fresh takaful schemes tailored for members of the Employees Provident Fund (EPF).
These upgraded plans, now with added perks, are automatically renewable yearly and extend coverage to EPF members, their spouses, and up to 10 children.
EPF participants can enrol in the FWD i-Lindung Term Takaful Plan and FWD i-Lindung Critical Illness Plan at economical contribution rates, utilising funds from their EPF Account 2.
FWD Takaful Chief Executive Officer Salim Majid Zain, explained: “The FWD i-Lindung Term Takaful Plan and FWD i-Lindung Critical Illness Plan are innovative offerings that underscore our dedication to safeguarding the financial interests of our clientele.
“Moreover, by enabling the utilisation of EPF Account 2 funds, we align with national objectives of enhancing social well-being and empowering our customers to optimise their resources to secure their and their families futures.
“These additions exemplify FWD Takaful’s client-centric ethos and commitment to inclusivity, diversity, and accessible healthcare.”
The FWD i-Lindung Term Takaful Plan offers affordable yearly coverage ranging from RM10,000 to RM200,000. It includes;
• Death and total & permanent disability (TPD) benefits, with additional features such as a 200 per cent payout for accidental death and TPD,
• A one-time payment of RM500 for infectious diseases, and
• A compassionate death benefit of RM3,000.
Based on FWD Takaful’s claims data up to December 2022, cancer, heart attacks, and strokes constitute approximately 78 per cent of all critical illness claims.
In response, the FWD i-Lindung Critical Illness Plan is a yearly auto-renewable 2-in-1 Critical Illness (CI) plan providing benefits from early to advanced stages and full sum coverage upon death, ranging from RM10,000 to RM200,000.
Covered ailments include Carcinoma-in-situ (CIS) or cancer, heart attacks, strokes, dialysis, angioplasty, intensive care unit (ICU) stays, non-invasive heart procedures, complex surgeries, and major organ transplants.
These plans are accessible to EPF members aged 17 and above through the new KWSP i-Akaun mobile app. Additionally, participants in the “Protect with i-Lindung” campaign can receive Touch ‘n Go eWallet vouchers worth up to RM200 using the code ‘LINDUNG’ during sign-up.
