Home Health Centre General Wellness Takaful and Wellness Conflicted on whether to spend that extra disposable income on a new phone or getting financial coverage? What if you can have both!

Conflicted on whether to spend that extra disposable income on a new phone or getting financial coverage? What if you can have both!

FWD Insurance: Your Key to Peace of Mind as an EPF Member

Discover simple and reliable coverage exclusive for EPF members. Easily accessible via the KWSP i-Akaun app, FWD Takaful offers 2 affordable protection plans that you can pay using your EPF account balance!

When it comes to financial protection, we all know it is an important aspect of our lives. Despite that, most Malaysians have no financial coverage, with cost being a major factor of consideration. For many of us, getting financial protection plan would eat into our monthly disposable income, leaving us with less to spend on lifestyle wants or unexpected expenses. As a result, we often find ourselves torn between investing in a financial protection plan or having extra cash in hand to spend.

Here's the thing – the reality is, having disposable income for a rainy day and takaful protection are both equally important. And with FWD i-Lindung, you don’t have to choose between the two!

FWD i-Lindung plans are designed to meet various needs, providing straightforward, reliable, and affordable protection that can be managed conveniently through the KWSP i-Akaun app, with contributions deducted directly from your EPF account funds.

What you need to know about FWD i-Lindung plans

  1. Comprehensive protection plans: FWD i-Lindung provides one term takaful plan and one critical illness plan that provide comprehensive benefits tailored to meet a variety of needs. You can also enjoy tax relief on your contributions.
  2. Flexible coverage: Both plans offer a wide range of coverage options from RM10,000 to RM200,000, catering to your personal requirements and preferences. You can choose to cover just yourself or with your family up to 10 children, ensuring that you and your loved ones are well-protected for the future.
  3. Quick and easy application: These cost-effective plans are easy to apply for on the KWSP i-Akaun app with no medical examinations required. Just answer simple health questions!
  4. Ease of management: Integrated into the KWSP i-Akaun app, you can apply for and manage your FWD i-Lindung protection plans along with all your other EPF-related matters on the app, enabling seamless accessibility. 

A closer look at the 2 FWD i-Lindung plans:

FWD i-Lindung Term Takaful Plan

Term takaful protection plan with double coverage benefits

FWD i-Lindung Critical Illness Plan

Comprehensive 2-in-1 coverage for top 3 critical illnesses in Malaysia and death

  • Coverage from RM10,000 to RM200,000
  • Death and Total & Permanent Disability (TPD) benefits (accelerated1).
  • 200% payout for Death and TPD due to accidental causes.
  • Infectious disease benefit2: RM500 one-time payment upon first diagnosis and confined to a hospital for 5 or more consecutive days as a result of the disease.
  • Compassionate benefit of RM3,000.
  • Optional: Donate a portion of the benefits to a specified charity body.
  • Coverage from RM10,000 to RM200,000.
  • Critical illness benefit (accelerated3): Carcinoma-in-situ (CIS) or cancer from early stages, heart attack or stroke.
  • Death benefit due to all causes.
  • Major medical treatment benefit (accelerated3) - Dialysis, ICU stay for 7 days, angioplasty, non-invasive procedure for a heart condition, complex surgery, major organ transplant.

Note:

1Accelerated means that your coverage will terminate upon payment of the Total and Permanent Disability benefit.

2Infectious diseases include - Malaria, dengue, tuberculosis, viral hepatitis, cholera, typhoid and Japanese encephalitis

3Accelerated means that the sum covered will reduce upon any payment of CI benefit.

Take action and use your EPF funds to secure your loved ones’ future today

We get it, every ringgit counts, and sometimes it's hard to justify spending on something that doesn't offer immediate benefits. However, securing your financial future with an affordable financial protection plan is a non-negotiable! Thanks to FWD i-Lindung, you no longer have to choose between having financial security and disposable income. 

Get peace of mind and a reliable friend in the face of health uncertainties. Check out the FWD i-Lindung Term Takaful Plan,  which provides benefits exclusive to EPF members on KWSP i-Akaun app.

The benefit(s) payable under eligible product is(are) protected by PIDM up to limits. Please refer to PIDM’s TIPS Brochure or contact FWD Takaful or PIDM (visit www.pidm.gov.my).

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Written By DoctorOnCall Panel Doctor, DoctorOnCall Panel Doctors are certified and registered with KKM with vast experience in medical field. on

Reviewed By DoctorOnCall Panel Doctor