EPF offers members life, critical illness insurance option

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PETALING JAYA: Employees Provident Fund (EPF) contributors will now be able to buy insurance and takaful products at an affordable premium from Account 2 with the launch of the EPF Members Protection Plan, i-Lindung, says Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

Consisting of life and critical illness protection, the insurance and takaful offerings are available to EPF members with immediate effect, he said.

“This is a challenge that will be faced by Malaysians as we get closer to achieving the status of an ageing nation as early as 2030. “I understand that the EPF will also continue to target the informal and self-employed sectors to ensure that all Malaysians will benefit from retirement savings,” he said.

 

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