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 Account 2 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 one of the oldest retirement funds in the world. Established in 1951, the EPF® is a social-security organisation focused on safeguarding member savings and delivering excellent services. In recent years, in line with its vision of helping members achieve a better future, the EPF® has expanded its role to encompass the creation of a comprehensive social well-being ecosystem. Today, the EPF® remains steadfast in its commitment to members through consistent efforts to update and improve itself, in order to build the foundation for sustainable, holistic and equitable well-being for all Malaysians.