Insurance News
Brief insurance news and digest for the busy executives. A handy insurance news archive with main focus on Malaysia. Disclaimer: While all attempts are made to ensure the accuracy of the news herein, we will not be liable for any loss arising from the use of any information contained in this blog. You may reproduce materials published here provided the source (news.actuaries.com.my) is properly acknowledged.
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Sunday, 2 August 2009
Maid Protector
RHB launched a new product named Maid Protector, to be distributed through Pos Malaysia.Product features:
- Personal Accident product
- Cover legal foreign maids
- Premium: RM60 to RM95 per year
- Up to RM30,000 SA on accidental death and TPD
- Reimbursement of medical expenses due to accidents
- Weekly hospital income benefits
- Reimbursement of repatriation expenses of the insured maid following accident, disease, death or total disablement
- Reimburses third party on accident or damage due to negligence of the maids
- Policy term: 12 & 24 months
Target premium: RM1.2 mil in 1st year
Foreign maids in the country: 300,000
Source: Business Times, Bernama
Labels: Business Targets, Products, RHB Insurance
About Me
- Name: Teh Loo Hai
- Location: Kuala Lumpur, Malaysia
Loo Hai is an actuarial recruiter cum actuarial consultant. He has over 20 years of work experience gained in Malaysia and Australia in the actuarial, insurance, takaful and pension fields.
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