The Life Insurance Association of Malaysia (LIAM) and Malaysian Takaful Association (MTA) wish to inform that all life insurance companies and takaful operators will provide hospitalisation coverage/treatment due to Novel Coronavirus (2019-nCoV) to their policyholders/certificate holders.
The World Health Organisation (WHO) has just declared the outbreak of the coronavirus as a global health emergency.
“Even though a majority of the medical policies/certificates carry an exclusion on communicable diseases requiring quarantine by law, the Malaysian life insurers and takaful operators are responding to an immediate need of the nation by waiving the exclusion on quarantine by law in light of the increasing number of people who have been affected,” announced by Mr Mark O’Dell, Chief Executive Officer of LIAM.