FWD Takaful Offers Micro-Takaful Plan with FWD Kasih
FWD Takaful Berhad recently launched FWD Kasih, an online micro-Takaful plan dedicated to support Malaysia’s lower-income group, with a monthly contribution from as low as RM2.03¹ a month for women and RM2.54² for men.
This aims to empower the lower-income communities by making Takaful accessible, affordable and convenient. We’re happy to be able to play our part in the community and help protect these families while lessening their financial burden due to unforeseen events
FWD Kasih provides cover from the age of 19 until 54 years old for those with a monthly household income of up to RM5,000 per month, paying the full sum covered upon death due to natural causes and Total and Permanent Disability (TPD), and 200% of the sum covered on death due to accidental causes.
FWD Takaful collaborated with the Research and Innovative Management Centre of Universiti Utara Malaysia last year, to fund RM250,000 for industrial research to examine a suitable Takaful plan and distribution channel for the B40 community. FWD Kasih was developed based on B40 respondents’ preference and understanding of takaful specific needs from different demographic backgrounds and product structuring.
All eligible Malaysians can sign up for FWD Kasih directly online at fwd.com.my/direct/kasih.