EDITION
  • English
  • 中文
  • Bahasa
  • eCommerce
Monday, January 18, 2021
uLearnMoney Subscription Events
No Result
View All Result
Money Compass

Media and partner organizations:

cmc bmc ulearnmoney mylife mcm
  • HOME
  • NEWS
    • Global Market News
    • Local Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE
Subscription
Newsletter
Money Compass
  • HOME
  • NEWS
    • Global Market News
    • Local Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE
No Result
View All Result
中文 Bahasa eCommerce
Money Compass

uLearnMONEY


FWD Takaful launches FWD SpecialCare Direct to cover children with learning disabilities

by moneycompass
December 3, 2020
in Lifestyle
0
FWD
Share on FacebookShare on Twitter

KUALA LUMPUR – FWD Takaful Berhad (FWD Takaful) introduced on 3 December the FWD SpecialCare Direct, a unique online Takaful plan designed to cover children with learning disabilities associated with Autism Spectrum Disorder, Tourette’s Syndrome and Attention-Deficit Hyperactivity Disorder.

The regular contribution plan will also provide coverage for their parent or legal guardian. Salim Majid Zain, FWD Takaful’s Chief Executive Officer said, “Any parent would want the comfort of knowing that their children’s future is secure.

FWD SpecialCare Direct is a first of its kind coverage that allows parents and legal guardian to ensure that financial safety nets are available for their children when they are no longer there or able to fully care for them. We’re proud to be supporting different segments of the community, especially those traditionally uncovered, with dedicated Takaful plans via our digital channel, staying true to our vision to change the way people feel about takaful.”

This plan requires no underwriting and guarantees acceptance for both the child and parent or the legal guardian. There is no coverage waiting period for the child, and a one-year waiting period is applicable for the parent or legal guardian.

“Wan Ahmad Najib Wan Ahmad Lotfi, FWD Takaful’s Chief Strategy & Digital Distribution Officer added, “At FWD Takaful we want to empower and be inclusive to all segments as much as we possibly can. Typically, children diagnosed with learning disabilities face challenges in getting protection plans.”

“Therefore, we’re creating this opportunity by giving them easy access to an affordable online protection plan which provides meaningful benefits for both child and parent or the legal guardian.”

With a minimum coverage term of five years, FWD SpecialCare Direct is offered together with the FWD Compassionate Rider – a complimentary rider which provides a funeral benefit of RM10,000 for the child.

The plan is offered to children with learning disabilities aged 4 to 20 years old, with parent or legal guardian aged 17 to 55 years old. The coverage expires once the child reaches 25 years of age or the parent or legal guardian reaches 75 years of age, whichever is earlier.

 

Read more: Company contributes RM400,000 to Tabung Pahlawan 

Tags: FWD Takaful
ShareTweetShareSendSend
Previous Post

IRB: MyTax can minimise leakage, improve revenue collection

Next Post

i-Sinar open to all EPF members whose income is affected by COVID-19

Related Posts

Southeast Asia
Lifestyle

Cybersecurity trends to watch out for in Southeast Asia in 2021

07 Jan 2021
Cuti-Cuti Malaysia
Lifestyle

Inviting Malaysians to Cuti-Cuti Malaysia like never before

06 Jan 2021
malicious files
Lifestyle

The number of new malicious files detected every day increases by 5.2% to 360,000 in 2020

22 Dec 2020

Discussion about this post

loader

MOST POPULAR

  • market overview US

    How to Start Trading on the Malaysian Stock Market

    5 shares
    Share 5 Tweet 0
  • Tiffany Gemstone Lamps by the Secret Garden (TSG 1895): a Perfect Harmony of Nature, Heritage and Quality Craftsmanship

    0 shares
    Share 0 Tweet 0
  • Company introduces Malaysia’s first dedicated Covid-19 insurance plan

    0 shares
    Share 0 Tweet 0
  • MYDIN MOHAMED HOLDINGS BERHAD

    3 shares
    Share 3 Tweet 0
  • HR Asia Announces Malaysia’s Best Companies to Work for in Asia

    0 shares
    Share 0 Tweet 0

MEMBERSHIP SUBSCRIPTION

Subscribe Now

Sign Up for Our Free Newsletters

Stay up-to-date with the latest personal wealth-related articles, breaking financial market news, and more.

loader

Follow us on Social Media

News
Special Feature
Compass
Money Tube
Smart Lifestyle
Corporate Profile
Advertise
Subscriptions
Career
Contact Us
eLearning
Events
Privacy Policy
Terms of Use
Strategic Partners

Copyright © . Money Compass. All Rights Reserved.

Design and Development by Ant Internet Sdn Bhd

No Result
View All Result
  • HOME
  • NEWS
    • Global Market News
    • Local Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE

© 2020 Money Compass

loader

Career