A protection plan for financiers like banks, finance companies and cooperative loan societies to protect their financial interest on the credit facilities granted to their borrowers, should there be an event of non-repayment due to death or Total and Permanent Disability.
Financiers like banks, finance companies and cooperative loan societies.
The benefit(s) payable under eligible certificate is protected by Perbadanan Insurans Deposit Malaysia (PIDM) up to limits. Please refer to PIDM’s Takaful and Insurance Benefits Protection System (TIPS) Brochure or contact Takaful Malaysia or PIDM (visit www.pidm.gov.my/en).
