Malaysia Building Society Berhad

Products & Services

Bancassurance

Bijak Malaysia

MBSB has formalised a strategic bancassurance distribution partnership arrangement with Amlife Insurance Berhad (Amlife). Through this distribution partnership, MBSB will be marketing and promoting Bijak Malaysia. A regular premium whole life insurance plan that guarantees triennial cash plan and maturity benefits with affordable monthly premiums.

Bijak Malaysia is a popular product, first developed and introduced in 2007 by National Insurance Association of Malaysia, as a national insurance programme specially catered to meet the needs of Malaysians who require complete yet affordable life coverage for family security.

As opposed to typical life insurance plans where one has to provide comprehensive personal information before being covered, Bijak Malaysia requires minimal policyholder information along with a completed health declaration form for one to get started, while there are four different monthly premium packages, ranging from RM100, RM200, RM300 and RM500 with flexibility to buy multiple policies.

Your Smart Choice for Life Protection

It's most certainly not just another whole life insurance plan. Bijak Malaysia is a bancassurance product engineered to meet your growing life protection needs, whatever your age and station in life may be.

Choose to insure your life and that of your loved ones from as young as 30 days right up to the age of 50, all at the convenience of affordably priced premiums. A non-participating whole life plan with limited premium payment (up until 55 years old, the typical retirement age in Malaysia), it provides comprehensive coverage against death as well as Total and Permanent Disability (TPD) due to natural and accidental causes.

Life's precious
  • What can be a better gift than living life to the fullest?
  • Are you prepared for the unexpected and unfortunate events in life?
  • What's more rewarding and fulfilling than ensuring that the financial needs of your loved ones are taken care of when you're no longer around?
  • Let's face the hard facts of life - you take each day as it comes and strive to give nothing but your best, all the way through and at all times, too.
  • You take great pride in planning the major events in both your professional and personal life so that everything goes on smoothly.
  • But what if the unexpected happens?
  • What if tragedy strikes ... when you are least prepared to face it?
  • How will you or your family ... cope in the face of adversity?
  • Have you ever thought about these?

Unique Features

While many whole life plans out there are each claiming to be superior than the other, Bijak Malaysia certainly stands out from the rest.

Check out the unique features of Bijak Malaysia for yourself:
  • Whole life superior protection coverage
  • Affordable premiums ranging from RM1,200 to RM6,000 annually
  • Extra protection coverage during productive / working years
  • Guaranteed Triennial Cash Payment for life @ 5% of Sum Assured until age 88
  • Guaranteed Maturity Benefit
  • (Full Sum Assured is payable)
  • Pre-packaged, easy enrollment & hassle free (only requires a simple health declaration to get started)
  • Initiated by the National Insurance Association of Malaysia (NIAM)
  • A bancassurance product with extensive distribution network, for your added convenience

Contact your nearest MBSB Branch for more details on this great product.

*Tax relief- This policy may qualify you for personal tax relief subject to the final decision of the Inland Revenue Board Malaysia.

 

MBSB I-Medic

Why do you need better healthcare planning?

No matter how you plan for the future, sometimes life throws you unexpected surprises. And while it's good to hope for the best, it pays to prepare for the worst. Consider there alarming facts

Health statistics in Malaysia1
  • 1 out of 7 Malaysians is at risk of suffering Cancer
  • Heart disease is the no.1 cause of death in hospitals in 2008
  • 4.52 new cases of Cornonary Disease is diagnosed every 1 hour

1Berita Harian Online artical on 18/07/2010

Introducing MBSB i-Medic

You and your family deserve the best healthcare so the last thing you need to worry is how to afford it. And with the rising costs of hospital care, you need a medical and health plan that understand your needs and offers you comprehensive, value for money coverage.

Enjoy optimal care with MBSB i-Medic

MBSB i-Medic is a standalone medical and health plan that provides you comprehensive coverage on medical and hospitalization expenses from hospital room and board charges, surgical fees to emergency accidental out-patient treatment due to disability. Through this Takaful plan, you will enjoy optimal care with benefits that ensures more than just your well-being.

How does MBSB i-Medic cares for you and your family?

MBSB i-Medic offers 3 medical plans namely; AM 150, AM 250 and AM 350. Each plan corresponds to the amount of medical and hospitalization coverage as stated in the Schedule of Benefits1.

Choose the best protection plan that meets your needs and budget

MBSB i-Medic is specially designed to cater for both your needs and budget. With a choice of 3 plan types, you only pay for the coverage you need.

Entry Age
Person Covered: 4 weeks old to 60 years old
Spouse: 16 years old to 60 years old
Dependent Child*: 2 weeks old to 23 years old (unmarried child and is still on full time higher education)

Sum Covered

  • 3 plans are available: AM 150, AM 250 & AM 350.
  • Maximum Limit: Adult - R&B (Room & Board) 500 per life
  • Housewife/student/retiree /Juvenile - R&B 350 per life
  • Up to 4 children only.

Coverage Term

Cease when the person covered attains age 99 (last birthday) on the certificate anniversary.

Table Of Benefits

No Benefit Limits RM 150 RM 250 RM 350
1 Hospital Room and Board
(120 days maximum per Certificate Year and daily maximum not to exceed amount as shown)
150 250 350
2 Additional Hospital Room and Board Whilst Overseas
(120 days maximum per Certificate Year and daily maximum not to exceed amount as shown)
150 250 350
3 Intensive Care Unit Benefit
(120 Days maximum per Certificate Year)
Reasonable and Customary charges subject to Co-Takaful and Annual Limit
4 Hospital Supplies and Services
5 Surgical Fees Benefit
6 Operating Theatre Fees Benefit
7 Anaesthetist's Fees Benefit
8 In-Hospital Physician Visit
(240 days maximum per Certificate Year)
9 Pre-Hospitalization Benefit
(within 60 days prior to Hospitalization)
  • Pre-Hospital Diagnostic Tests Benefit
  • Pre-Hospital Specialist Consultation Benefit
10 Post-Hospitalization Treatment Benefit
(within 120 days after hospitalization)
  • Post-Hospitalization Out-patient Diagnostic X-ray and Lab Tests Benefit
  • Post Hospitalization Medical Expenses and Consultation Benefit including Acupuncture and Physiotherapy
11 Day Procedure Benefit**
12 Home Nursing Care per confinement
(180 days lifetime limit)
3,000 5,000 7,000
13 Organ/Bone Marrow Transplant
(not subject to Co-Takaful) per Certificate Year
Reasonable and Customary charges up to Annual Limit
14 Daily-Cash Allowance at Government Hospital per day
(120 days maximum per Certificate Year)
45 55 65
15 Daily Guardian Benefit per day
(120 days maximum per Certificate Year)
90 130 190
Overall Annual Limit (Item 1 to 15) Per Covered Member 90,000 140,000 190,000
16 Emergency Accidental Out-Patient Treatment and 30 days Follow-up Treatment at Hospital and Clinic 2,000 for both 3,000 for both 4,000 for both
17 Emergency Accidental Out-Patient Dental Treatment
(per accident)
3,000 5,000 7,000
18 Out-patient Kidney Dialysis Treatment Benefit
(per Lifetime)
80,000 140,000 200,000
19 Out-patient Cancer Treatment Benefit
(per Lifetime)
112,500 217,500 322,500
20 Emergency Medical Evacuation Benefit
(per Lifetime)
500,000 500,000 500,000
21 Funeral Expense*** 3,000 4,000 5,000
Overall Lifetime Limit per Covered Member NA NA NA