KUALA LUMPUR – A majority of life insurance companies in the country are extending financial assistance to their policyholders who may develop side effects or complications resulting in hospitalisation from COVID-19 vaccination, reported Bernama.
Life Insurance Association of Malaysia (LIAM) said the coverage includes hospitalisations costs that were medically necessary and reasonable due to side effects from COVID-19 vaccination under the National COVID-19 Immunisation Programme.
“A number of life insurance companies are also offering cash relief programme for side effects under the respective COVID-19 vaccine fund or medical assistance programme,” it said in a statement on March 11.
It said the assistance includes reimbursement of medical bills for COVID-19 patients and post COVID-19 vaccination support for hospitalisations due to vaccine side effects, medical assistance and special death benefits, hospitalisation income, and cash relief.
Chief executive officer Mark O’Dell advised policyholders to contact their insurance company to find out more about the assistance offered if they may develop side effects due to the COVID-19 vaccine.
While applauding the government’s proactive efforts to protect the people, he also urged Malaysians to play their part in the COVID-19 battle by registering for the immunisation programme via MySejahtera application.