THERE is a wide range of insurance and takaful coverage that can enhance quality of life and safeguard against unforeseen medical costs.
However, Malaysians still struggle to understand the coverage offered by insurance and takaful plans.
These plans are often seen as complicated and inaccessible, when in reality, they can actually be conveniently obtained online.
Etiqa, an insurer and takaful operator, provides protection for individuals and families.
In collaboration with EPF, Etiqa is introducing a term and critical illness plan under Etiqa Life Insurance Berhad (ELIB) and Etiqa Family Takaful Berhad (EFTB).
These affordable plans are specially curated to assist the B40 and M40 groups, and payment can be made online through their EPF Account 2.
There are two types of plans under this scheme — Etiqa Term Plus / Etiqa Term Takaful Plus and Etiqa Critical Care Plus / Etiqa Critical Care Takaful Plus.
Etiqa Term Plus / Etiqa Term Takaful Plus is a term plan that offers protection for the insured/covered and their dependents.
It offers coverage for death and disability, as well as flexible protection options up to RM200,000 and more.
It is easy and guaranteed to be approved without the need for a health check.
This plan is suitable for all members aged between 17 and 65 years and includes children aged between 14 days and 16 years.
Meanwhile, Etiqa Critical Care Plus / Etiqa Critical Care Takaful Plus is a critical illness plan that covers 42 types of critical illnesses.
This plan grants an additional 50 per cent payment in the event the insured/covered is diagnosed with cancer.
The registration process is simple — the insured/covered and their spouse only need to answer four questions. Children under the plan will not need to answer any questions.
The following are some of the other benefits offered by these plans, subject to terms and conditions:
Etiqa Term Plus / Etiqa Term Takaful Plus
- Guaranteed approval
- Protects family in one plan
- Protection of up to RM200,000
- Hassle-free withdrawal from EPF Account 2
- Affordable premium/contribution from as low as RM12 per year
- Flexible protection starting from RM10,000 up to RM200,000
Etiqa Critical Care Plus / Etiqa Critical Care Takaful Plus
- Protects 42 types of critical illnesses
- Protects family in one plan
- Protection of up to RM200,000
- Hassle-free withdrawal from EPF Account 2
- Affordable premium/contribution from as low as RM16 per year
- Additional 50 per cent of the sum insured/sum covered when diagnosed with cancer
- Easy registration process
Click here for more information on the Etiqa Critical Care Plus / Etiqa Critical Care Takaful Plus plan. For the Etiqa Term Plus / Etiqa Term Takaful Plus plan, visit this link.