Bank Negara Launches New Insurance Platform for Persons with Disabilities
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Bank Negara Malaysia (BNM), the country's insurance regulator, has launched a new insurance platform for persons with disabilities in Malaysia. The platform is designed to make it easier for this group to obtain insurance coverage.
According to a report by Asia Insurance Review, the platform offers insurance options suited to the needs of persons with disabilities. Until now, many people in this group have faced difficulties obtaining insurance coverage because some insurance companies considered their risks to be too high.
With this new platform, persons with disabilities and their families are expected to be able to plan their finances with greater confidence. Authorities also hope that more insurance companies will join this initiative in the future.
So far, further details about the products offered and how the platform works have not been fully disclosed. Members of the public who are interested are advised to monitor official statements from Bank Negara Malaysia for the latest information.
Sources: Asia Insurance Review
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