Insurers announce interim steps to support those affected by repricing

The Life Insurance Association of Malaysia (Liam), the Malaysian Takaful Association (MTA) and Persatuan Insurans Am Malaysia (Piam) today announced interim measures to support policyholders and participants impacted by the recent premium and contribution repricing.

In a joint statement today, the associations said these measures are aimed at easing the financial burden on policyholders and participants so they can continue to be covered by medical and health insurance or takaful (MHIT)…