MPP is an initiative to allow members to withdraw funds from their Account 2/ Account 55 / Akaun Emas to purchase insurance and to participate in takaful products from EPF approved insurance companies and takaful operators.

This initiative was introduced to provide social protection and financial security to EPF members who meet the eligibility criteria, in case of any unfortunate events.

i-Lindung is a self-service platform on i-Akaun (Member) which aims to facilitate the purchase of insurance and takaful products under the EPF MPP.

ITO is an Insurer/Takaful Operator. It is an insurance company or a takaful operator approved by EPF to offer products customized for EPF members at affordable premiums/contributions.

a.     Seamless journey
The simplest way to purchase protection products with no medical check-ups required
b.     Quick quotation
Get quotation online for all products offered
c.      Information centre
Able to access and analyse useful information on all products offered before deciding to purchase
d.     Single view
Able to view all details of the policies or certificates purchased
e.      Anytime, anywhere
Flexibility to purchase protection products anytime, anywhere.

   a. Malaysian (member and dependent); 
   b. Have a savings balance in an EPF account; and
   c. i-Account (Member) Users

No. Products under MPP are only eligible for Malaysian. 

a. EPF Member (Myself / Primary Protected Person);
b. Spouse (Dependent); and
c. Children (Dependent)

Note:
The definition of children includes biological children, stepchildren, and legitimately adopted children.

There a four coverage options available under the MPP as following:

a. EPF members (Self) only;
b. EPF members (Primary Covered Person) and Spouses (Dependents); or
c. EPF members (Primary Covered Person), Spouses (Dependents) and Children (Dependents); or
d. EPF members (Primary Covered Person) and Children (Dependents)

No. The purchase of insurance and takaful products for the protection of dependents under the MPP must be made with the  Primary Covered Person, which is the EPF member themselves.

• Options as follows for example:
   

  1. Myself (as the EPF Member and Primary Covered Person) AND my spouse (as the Dependent); or

  2. Myself (as the EPF Member and Primary Covered Person) AND my child/children (as the Dependent(s)); or

  3. Myself (as the EPF Member and Primary Covered Person), my spouse AND my child/children (as the Dependents).

  Yes. You may purchase multiple product subject to the maximum coverage amount for the product offered by ITO and your balance in EPF Account. 

Yes. Subject to the maximum coverage amount for the product offered by ITO and the EPF Account balance (whichever is the lowest).

The participation age limit and the amount covered are subject to the products offered by the ITO.

You may purchase coverage for each wife per policy subject to your balance in EPF Account.

The maximum number of children covered under the MPP is ten (10) people per policy/ certificate. If you have children over 10, you need to make purchase of two separate policies/ certificates.

Yes, you are eligible to purchase products under the MPP as long as you have a minimum of RM100 in Account 55 and / or Akaun Emas. In addition, your eligibility is also based on the participation age limit for products offered by ITO.

Note:

1. For EPF members who have yet to reach the age of 55 years, payment for MPP is via withdrawal, based on the total annual premium/contribution (for the duration of one (1) year) of their selected product, and subject to the EPF member's available balance in their Account 
2. For EPF members aged between 55 and 59 years, payment for MPP is via withdrawal from their Account 55; and
3. For EPF members who are aged 60 years and above, payment for MPP is via withdrawal from their Account 55/Akaun Emas.

Applications for MPP can only be made online via KWSP i-Akaun. Nevertheless, if you are present at the EPF Branch, the EPF staff will assist you in applying using your electronic device or through the EPF e-Service centre.

The only way to purchase insurance/takaful products for family members is through the new KWSP i-Akaun application. 

You can download the new KWSP i-Akaun application by clicking here or please make sure the KWSP i-Akaun application is the latest version.

No. You can purchase the products under MPP through i-Lindung platform in i-Akaun (Members). 

There is no restriction to purchase if you are a Shariah account holder. However, muslim members are strongly advised to participate in takaful products as the Fatwa Committee of the National Council of Islamic Religious Affairs Malaysia has resolved that conventional insurance is a non Shariah-compliant transaction (haram).

Members with disability or their representatives can contact or liaise with the ITOs to obtain products that suit their respective needs.

It is important for a Muslim to participate in takaful products as insurance products are not Shariah-compliant, and the Fatwa Committee of the National Council of Islamic Religious Affairs Malaysia has resolved that:

a. Conventional insurance is a non Shariah compliant transaction (muamalah) that contains elements that are contrary with Shariah principles i.e. uncertainty (gharar), gambling (maysir) and usury (riba)

b. Compensation (sum assured) from insurance (excluding the amount of premium paid) is a Shariah non-compliant asset that cannot be utilised or inherited

c. The compensation shall be disposed of by channeling to Baitulmal of relevant states Islamic Religious Council or donated to charity including the poor and needy (the heirs of the policyholder who are among the poor and needy as verified by the authorities or local committee may utilise the compensation for their necessity).

You are advised to contact the ITO that offers PPA products regarding the need to enter the account number as well as claim matters.