Mandatory for Tekun entrepreneurs nationwide to have business insurance, says minister | Malay Mail

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Mandatory for Tekun entrepreneurs nationwide to have business insurance, says minister | Malay Mail
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KUALA LUMPUR, Feb 6 — Micro-entrepreneurs under the National Entrepreneur Group Economic Fund (Tekun) will be required to have a business insurance scheme to protect them from any risks. Minister of Entrepreneur and Cooperative Development (Medac), Tan Sri Noh Omar said the scheme implemented...

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KUALA LUMPUR, Feb 6 — Micro-entrepreneurs under the National Entrepreneur Group Economic Fund will be required to have a business insurance scheme to protect them from any risks.

“The purchase of insurance is mandatory after realising its importance to entrepreneurs, especially when faced with challenging times such as floods. “I will announce the details later as through this scheme, they will get insurance coverage like the vehicle insurance policy but in this case, it will be managed by Tekun,” he told reporters after officiating at the opening of the Prestige Legacy insurance company administration building in Wangsa Maju, here. today.

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Guessing there is only one insurance 'agent' - SOCSO. No other options eh?

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