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Public awareness of takaful, insurance protection still low
Last update: 23/04/2018

Takaful Ikhlas Bhd (Takaful IKHLAS) Chief Executive Officer, Datuk Ab Latiff Abu Bakar

BATU†PAHAT, April 23††(Bernama) --†The level of public awareness†of the importance of having takaful†and insurance protection is still low despite various awareness and educational programmes†carried out.

Takaful†Ikhlas†Bhd (Takaful IKHLAS) Chief Executive Officer, Datuk†Ab Latiff†Abu Bakar†said only 15 per cent of the people in this country realised the importance of insurance coverage.

"The issue is the†importance of insurance protection, where†many people who are not covered by such protection often give†the excuse of not being able to pay the monthly premium although the rates are low.

"The public can see that even Bank Negara Malaysia has†introduced an insurance scheme called 'Skim Perlindungan†Tenang' which is affordable for the†low and the middle-income groups," he told reporters after the handing-out†of school aid to†184 pupils at†Sekolah Kebangsaan Jelutong, here, today.

Nevertheless, he said, Takaful†IKHLAS as would continue to intensify its awareness campaign†and educational programme†via various channels and platforms of the importance of takaful/insurance protection.

Through†the IKHLAS†For Community programme, the 184 SK†Jelutong†Year One†to Six pupils from families with a monthly household income of RM3,000 and below were selected to each receive†the contribution of a school bag, school uniform, shoes and socks†and stationery worth RM250,†in conjunction with the Malaysian†Unit Trust Week (MSAM) 2018 held in Batu Pahat†district.

"This Takaful†IKHLAS†contribution is one of the ways we can embrace the spirit of mutual help in line with the takaful†system based on the concept of cooperation and specific responsibilities to the community.

"We hope this contribution will ease the burden of†the recipient's family and spur them†to excel in their studies†and school activites," Ab Latiff† said.

Takaful†IKHLAS†also contributed 100 books to the SK Jelutong library.



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Source: Bank Negara Malaysia

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