KUALA LUMPUR, 11 May 2021 – The Life Insurance Association of Malaysia (LIAM), Persatuan Insurans Am Malaysia (PIAM) and Malaysian Takaful Association (MTA) are pleased to announce that the industry has topped up another RM2 Million to the existing RM8 Million COVID-19 Test Fund (CTF) which was launched since March last year.
To date, the RM8 Million CTF has benefitted over 42,000 policy/certificate holders, exceeding the early estimates that the fund would assist nearly 27,000 people, which means in excess of 15,000 policy/certificate holders have further benefited from it. The CTF which was aimed to support the Government’s efforts to conduct more tests on Malaysians who are exposed to the COVID-19 virus, provides a cash reimbursement ranging from RM50 up to RM300 per test.
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