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Gibraltar BSN Expands COVID-19 Coverage to All Products

08 Jan 2021
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Kuala Lumpur, 8 January 2021 – In light of the recent surge in COVID-19 cases in Malaysia, Gibraltar BSN Life Berhad (“Gibraltar BSN”) today announced that it will be offering complimentary COVID-19 coverage to all of its products[1]

For Gibraltar BSN’s existing customers, the complimentary coverage begins on 1 January until 31 December 2021 while new customers will enjoy 12 months coverage from the issuance date of their policy.

Rangam Bir, President and Chief Executive Officer of Gibraltar BSN said, “Just yesterday, there were 3,027 new cases recorded across Malaysia, making it the highest recorded number of positive cases in a day. Without a sense of responsibility, there can be no sense of community. As Malaysia’s Community Protection Champion, it is our responsibility to ensure our customers are sufficiently protected. By expanding the COVID-19 coverage to our various protection products, we are also lessening the financial burden of our customers should they be diagnosed with the virus. I also urge everyone to keep practising proper safety protocols as curbing the spread of the virus will not only save lives, it will also save livelihoods.” 

The complimentary COVID-19 coverage benefits include an additional death benefit[2] for death due to a COVID-19 infection of RM10,000 and a hospitalisation income benefit of RM150 per day up to a maximum of 30 days. Gibraltar BSN will also continue to waive the exclusion of quarantine by law for hospitalisation treatment if a policy holder is diagnosed with a COVID-19 infection. 

For more information on the complimentary COVID-19 coverage, please click on our FAQ.

 


[1] Products excluded from COVID-19 Coverage include Dengue Cover+, EZ Protect, POS Hayat/Sinar Insurans and Credit Life Products.

[2] Payable if person aged below 60 years old.