Licensed Insurance Companies & Takaful Operators

No.	Licensed Insurance Companies	Category of License, Approval, or Registration
1	AIA Berhad	Life Insurance Business
2	AIG Malaysia Insurance Berhad	General Insurance Business
3	Allianz Life Insurance Malaysia Berhad	Life Insurance Business
4	AmMetLife Insurance Berhad	Life Insurance Business
5	Berjaya Sompo Insurance Berhad	General Insurance Business
6	Chubb Insurance Malaysia Berhad	General Insurance Business
7	Etiqa Life Insurance Berhad	Life Insurance Business
8	FWD Insurance Berhad (formerly known as Gibraltar BSN Life Bhd)	Life Insurance Business
9	Generali Life Insurance Malaysia Berhad (formerly AXA Affin Life)	Life Insurance Business
10	Great Eastern Life Assurance (Malaysia) Berhad	Life Insurance Business
11	Hong Leong Assurance Berhad	Life Insurance Business
12	Liberty General Insurance Berhad (formerly AmGeneral Insurance)	General Insurance Business
13	Lonpac Insurance Berhad	General Insurance Business
14	Manulife Insurance Berhad	Life Insurance Business
15	MCIS Insurance Berhad	Life Insurance Business
16	MSIG Insurance (Malaysia) Bhd	General Insurance Business
17	Pacific & Orient Insurance Co. Berhad	General Insurance Business
18	Pacific Insurance Berhad	General Insurance Business
19	Progressive Insurance Berhad	General Insurance Business
20	Prudential Assurance Malaysia Berhad	Life Insurance Business
21	QBE Insurance (Malaysia) Berhad	General Insurance Business
22	RHB Insurance Berhad	General Insurance Business
23	Tokio Marine Life Insurance Malaysia Bhd	Life Insurance Business
24	Tune Insurance Malaysia Berhad	General Insurance Business
25	Zurich Life Insurance Malaysia Berhad	Life Insurance Business

No.	Takaful Insurance Company	Category of Business
1	AIA PUBLIC Takaful Berhad	Family Takaful Business
2	AmMetLife Takaful Berhad	Family Takaful Business
3	Etiqa Family Takaful Berhad	Family Takaful Business
4	Etiqa General Takaful Berhad	General Takaful Business
5	FWD Takaful Berhad	Family Takaful Business
6	Great Eastern Takaful Berhad	Family Takaful Business
7	Hong Leong MSIG Takaful Berhad	Family Takaful Business
8	Prudential BSN Takaful Berhad	Family Takaful Business
9	Sun Life Malaysia Takaful Berhad	Family Takaful Business
10	Syarikat Takaful Malaysia Am Berhad	General Takaful Business
11	Syarikat Takaful Malaysia Keluarga Berhad	Family Takaful Business
12	Takaful Ikhlas Family Berhad	Family Takaful Business
13	Takaful Ikhlas General Berhad	General Takaful Business
14	Zurich General Takaful Malaysia Berhad	General Takaful Business
15	Zurich Takaful Malaysia Berhad	Family Takaful Business

No. Name Ownership


1 AIA Berhad
USA company


2 AXA Affin Life Insurance Berhad
affin bank group


Dear Valued Customer

On 30th August 2022, Generali Asia completed the purchase of the remaining 51% of MPI Generali shares adding to its existing 49% share ownership, making Generali the sole owner of MPI Generali (Find out more) .


On the same day, Generali also acquired approximately 53% of AXA Affin Ge neral Insurance Berhad (AAGI), whilst Affin Bank owns the remaining 47%. Generali has submitted a proposal to integrate the business of MPI Generali into AXA Affin General Insurance Berhad.


This business transfer is in accordance with Bank Negara Malaysia (BNM)’s single presence policy, where a shareholder can only own one General and one Life Insurance license.

We had previously communicated that this is expected to take effect on 28th February 2023.


However, we are now working towards a new date; 1st Apri 2023 or such a date as may be approved by the Court. When this happens, then the integrated company will be fully reremaining 30% branded “Generali”.


Upon the completion of this integration, Generali will hold 70% of the combined business and Affin Bank will hold the We would like to assure you that the benefits and terms of your insurance policies with us will not be affected as we undergo proposed business transfer and name change. Your rights and obligations under MPI Generali’s insurance policies wil to you.


I remain the same. We are committed as ever to be of service Once the business transfer is approved, our documents will showcase the new company name and inclusion of “formerly known as AXA Affin General Insurance Berhad” as is required by the regulations.


Following the launch of the newly branded company, the remaining integration activities will take place over an extended period of time. e insurer in Malaysia.

The future combined company and unified brand will form the second largest general insurer and an emerging lif This is yet another significant milestone for us and we are delighted as we countdown to introducing Generali to all Malaysians.



Generali is one of the largest global insurance and asset management providers.


Established in 1831, it is present in over 50 countries in the world, with a total premium income of € 81.5 billion in 2022.


192 years !!!!!

With 82,000 employees serving 68 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America.


Generali is Italian company


Global Fortune 500 (#72);


Generali has a direct presence in 34 countries.

3 Allianz Life Insurance Malaysia Berhad

Germany company

4 AmMetLife Insurance Berhad ambank group


MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company, better known as MetLife, and its affiliates.


USA


5 Etiqa Life Insurance Berhad
Maybank group



6 Gibraltar BSN Life Berhad

bank simpanan nasional


It's Now Known As BSN Life

30 Apr 2014

HERE COMES GIBRALTAR BSN LIFE


KUALA LUMPUR - After just over a decade in operation, life insurer Uni.Asia Life Assurance Bhd (UAL) has ceased to exist, and is now known as Gibraltar BSN Life Bhd, following the entry of new owners Prudential Financial, Inc (PFI) of the US and Bank Simpanan Nasional (BSN).

PFI holds a 70% stake in Gibraltar BSN Life through its subsidiary, The Prudential Insurance Company of America (PICA), and BSN the remaining 30%, following a RM518 million acquisition of UAL which was completed in January 2014.


7 Great Eastern Life Assurance (Malaysia) Berhad
ocbc group singapore


8 Hong Leong Assurance berhad

HONG LEONG FINANCIAL GROUP BHD
KLSE (MYR): HLFG (1082)



9)MCIS Insurance Berhad
sanlam group

South africa



10 Manulife Insurance Berhad

Canada company

11 Prudential Assurance Malaysia Berhad

Uk company

12 Sunlife Malaysia Assurance Berhad

Sun Life Financial Inc. is a Canadian financial services company


13 Tokio Marine Life Insurance Malaysia Bhd
Japan company

14 Zurich Life Insurance Malaysia Berhad

Switzerland company


15 Syarikat Takaful Malaysia Keluarga Berhad
TAKAFUL (6139)


But nowadays no much more medical card that is not ILP

A lot of people find this hard to accept. Maybe when they bought their cards, their advisor or agent told them, “This is cheap, right?”



After that, we think the 5 years, normally, the cost of this medical card increase every 5 years, there is one rate, the next 5 years, there is a different rate to pay.


Then, you say, “Hey, how come it keeps on increasing?”


That is how a

standalone medical card


is structured, and you must be prepared for that.




Bersusah-susah dahulu, bersenang-senang kemudian
=
ILP medical card




Renewal Conditions


Most standalone policies provide a guarantee that your policy will be renewed even though you’ve been diagnosed with an illness before your next renewal date.


This is good to have. Here’s the reason why. Say if you were diagnosed with diabetes this year, and your policy is not a guaranteed renewal policy, the company has every right to reject your renewal.

Now, you’re left with zero coverage for next year. Adding to that, other insurance companies won’t accept your application either, because now you have diabetes and it’s a risk they are usually not willing to take.



Bersenang-senang dahulu, Bersusah-susah kemudian =
Standalone medical card

This post has been edited by plouffle0789: Nov 20 2023, 01:17 PM

So what product you buy?

But nowadays no much more medical card that is not ILP

A lot of people find this hard to accept. Maybe when they bought their cards, their advisor or agent told them, “This is cheap, right?” After that, we think the five years, normally, the cost of this medical card increase every five years, there is one rate, the next five years, there is a different rate to pay. Then, you say, “Hey, how come it keeps on increasing?”


That is how a

standalone medical card


is structured, and you must be prepared for that.




Bersusah-susah dahulu, bersenang-senang kemudian = Rider





Renewal Conditions


Most standalone policies provide a guarantee that your policy will be renewed even though you’ve been diagnosed with an illness before your next renewal date.


This is good to have. Here’s the reason why. Say if you were diagnosed with diabetes this year, and your policy is not a guaranteed renewal policy, the company has every right to reject your renewal.

Now, you’re left with zero coverage for next year. Adding to that, other insurance companies won’t accept your application either, because now you have diabetes and it’s a risk they are usually not willing to take.





Bersenang-senang dahulu, Bersusah-susah kemudian = Standalone

You means ilp medical card is bad?

But it is guarantee renew

But standalone medical card is not guarantee renew right??

So insurance company make the standalone medical card a bad way

Gibraltar BSN Life Berhad have standalone medical card only

You can check on it

How much year limit?

Prudential BSN Takaful Berhad


It is under prudential insurance


But not unlimited lifetime limit right???

Just inside cash value will decrease right???

What insurance company???

general practitioner


means clinic right???

what is inside Life Takafool Zurich (takafoolink) ???

how many percent of rerurn???
must be projected

how much???

what plan?

What is A-EnrichGold-i?



A-EnrichGold-i is a Shariah-compliant Takaful coverage product which consists of Ordinary
Family Takaful and investment-linked portion which provides you with increasing Lifestyle
Benefit and maturity value. It also offers you the potential of upside investment gains and
the flexibility in managing your savings.
On top of that, it also provides coverage on death and Total and Permanent Disability (TPD)
and double Takaful coverage on accidental death and TPD.


what is special about takaful??
more safe?

how old are you??

did you buy all in one??




36 Critical Illnesses,
Total and Permanent Disability (TPD),
death，
medical card?????

This post has been edited by plouffle0789: Dec 31 2019, 01:31 PM

But it is not guaranteed any return

Aia public takaful???

Parents plus 3 children?
Per month rm567?

When you buy your medical card?
Nowadays medical card mostly unlimitee lifetime limit.
Both is ilp??

Why the rider so complicated?

This post has been edited by plouffle0789: Dec 31 2019, 06:39 PM

At which year when you buy your prudential medical card?
It is ilp or standalone?

This post has been edited by plouffle0789: Dec 31 2019, 06:38 PM