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Tokio Marine Life Launches Online Service To Check Unclaimed Monies
Last update: 25/08/2017

KUALA LUMPUR, Aug 25 (Bernama) --†Tokio Marine Life Insurance Malaysia Bhd, the first Japanese-owned life insurance company in Malaysia, has launched an online service for the public to check unclaimed money status.

Chief Executive Officer Toi See Jong said†the introduction of the service was part of the company's on-going digitisation process in providing a seamless customer experience.

"We envisage our customers can benefit from this online checking facility. By providing this service, we hope it will encourage other financial institutions to follow suit so that the public is aware of the forgotten monies," he said in a statement today.

The unclaimed money checking facility comes from the recently launched e-Claims service, which allowed†customers to submit online claims via its customer portal.

He said†the paperless service expedited the claims process and enabled claim payout faster, through direct remittance to customer's bank accounts.

"We will soon introduce an application in quarter four by giving customers the convenience and flexibility to access policy details and perform transactions," Toi added.

The online facility was available at



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US 3.9030/9080
S'pore 2.9544/9597
100 Yen 3.6507/6564
Sterling 5.4431/4521
Euro 4.8030/8104
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Bankerís Cheque, Bank Draft and Cashierís Order. Do you think this additional charge is justified?

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