Malaysia Approves Testing for Asymptomatic Insurance and Takaful Policy Holders to Curb the Spread of COVID-19

The Life Insurance Association of Malaysia (LIAM), Malaysian Takaful Association (MTA), and General Insurance Association of Malaysian (GIAM) have broadened the eligibility criteria of the COVID-19 Test Fund (CTF).

A joint statement issued on the 23rd of December 2020, stated that the CTF now includes all asymptomatic individual and group medical health insurance policy as well as Takaful certificate holders in Malaysia.

According to the statement, this guideline was initiated in view of the spike in COVID-19 cases in Malaysia. All asymptomatic policy and Takaful certificate holders could claim from the CTF for any COVID-19-related tests done at any Ministry of Health-approved medical facility or laboratories.

The CTF reimbursement is restricted to one test pe...