Insurance companies are to look for ways to ease the financial burden of those seeking treatment at private hospitals.
In a joint statement today, the Life Insurance Association of Malaysia, General Insurance Association of Malaysia and Malaysian Takaful Association said pandemic-related risks are general not covered under any insurance and takaful plans worldwide. However, most life insurers and takaful operators in Malaysia had provided supplementary benefits such as daily hospital income to be paid to the affected policy holders, the associations said.
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