Press Release

Gibraltar BSN, Pos M'sia in insurance tie-up - The Star (Online)

- 10 Feb 2016, Kuala Lumpur -

KUALA LUMPUR: A new agreement between Gibraltar BSN Life Bhd and Pos Malaysia Bhd will see dedicated officers placed at Pos Malaysia outlets to provide professional advice on insurance products.

These financial services officers (FSO), who will be placed at selected outlets across the country, are jointly accredited and trained by Gibraltar BSN and Pos Malaysia.

The agreement, inked yesterday, marked the new distribution agreement for insurance products sold at Pos Malaysia branches nationwide.

"This collaboration brings a unique and differentiated model to our outlets, with FSOs utilising iPads and specialised workstations to serve customers, ensuring a seamless and comfortable experience for all.

"We are confident that this new model will deliver positive results and look forward to expanding our team of FSOs to more Pos Malaysia branches in the months to come," said Pos Malaysia Group Chief Executive Officer Datuk Mohd Shukrie Mohd Salleh in a statement.

Through the collaboration, Gibraltar BSN said it aimed to create a broader understanding about the benefits of life insurance and to educate customers on the advantages of financial protection.

Customers, it said, would have access to expert advice, be able to purchase insurance instantly via a simple process, and a range of affordable products to fit their individual needs.

"With products available from as low as RM3.33 per day, we aim to provide all Malaysians with affordable yet quality financial protection tailored to their specific needs, as we work to bring 'a refreshing approach to life insurance' to our customers," said Gibraltar BSN Chief Executive Officer Vincent Kwo.

Gibraltar BSN and Pos Malaysia currently offer the "Pos Hayat" and "Pos Bestari" life insurance plans at Pos Malaysia outlets.

Pos Hayat is a basic life insurance cover which includes dengue protection benefits, while Pos Bestari is a comprehensive life protection plan with savings, guaranteed cash payouts and maturity benefits.