• Whole Life Insurance, Endowment Insurance, Child Insurance, Education Insurance and Annuity Products are amongst the products that are GST free.
    Kuala Lumpur, Friday, 6 March 2015: Life insurance are exempt from the Goods and Services Tax (GST). This means that policyholders who have purchased or intend to purchase life insurance products such as Whole Life Insurance, Endowment Insurance, Child Insurance, Term Insurance (including mortgage insurance), Education Insurance and Annuity products will not have to pay the 6% GST on their life insurance premiums.
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    LIAM President
    Deputy Governor, BNM
LIAM continues to raise public awareness on life insurance products through the industry-driven programme entitled Consumer Education Programme (CEP). Known as Insuranceinfo, this consumer education programme is a joint effort between Bank Negara Malaysia and the insurance and takaful industry... Read More

Why Do I Need Life Insurance?
Smart Investor - Life Insurance Association of Malaysia details some
compelling reasons of why it is important to have a
life insurance policy. Click here


Why do we need life insurance protection? It is because our life is filled with uncertainties and risks. Therefore it is important to get adequate protection for ourselves and our loved ones should the unexpected happen.

How to get protected? By opting for Life Insurance, you can gain protection against unforeseen events such as early death, disability or critical illnesses. Click here to find out more.