EPF Launches i-Lindung Phase 2 To Extend Insurance And Takaful Coverage To Families
KWASA DAMANSARA, 5 February 2024: The Employees Provident Fund (EPF) launches i-Lindung Phase 2 under the Members Protection Plan which allows members to use the funds in their Akaun Sejahtera to purchase insurance and takaful products consisting of life and critical illness protection for their immediate family members.
Members who wish to purchase insurance and participate in takaful products offered by EPF-approved insurance companies and takaful operators for themselves or their immediate family members can do so via the i-Lindung platform within the EPF i-Akaun (Member) mobile application.
Since its launch in July 2022 until December 2023, more than 102,301 members have purchased a total of 118,166 policies and takaful products through i-Lindung platform, covering life and critical illness insurance protection at affordable premiums. Capitalising on this encouraging response, the EPF has introduced key upgrades, focusing on policy and certificate management, geared for extended coverage exceeding one (1) year.
These improvements mark a significant stride in the i-Lindung platform’s evolution, integrating long-term protection products for EPF members and their loved ones. The upgraded platform now offers enhanced user-friendly features that facilitate streamlined policy management, convenient recurring payments for long-term protection.
For more information on i-Lindung, members can refer to the EPF website at www.kwsp.gov.my or contact the EPF Contact Management Centre at 03-8922 6000.
Issued by the EPF Media Desk
Corporate Affairs Department
5 February 2024
About the Employees Provident Fund (EPF)
The Employees Provident Fund® (EPF®) is Malaysia’s premier retirement savings fund, helping its members achieve adequate savings for a comfortable retirement. This is in line with EPF’s vision to help members achieve a better future and its mission to safeguard members’ savings and deliver excellent services. The EPF has evolved significantly from a transaction-centric to a professional fund management organisation with a strong focus on retirement security. The EPF is guided by a robust and professional governance framework when making investment decisions. It continues to play a catalytic role in the nation’s economic growth and seeks to cultivate a savings and investment culture among its members to improve the country’s financial literacy level.