Can Budget 2021 Boost Life Insurance?
Mark O'Dell, CEO, Life Insurance Association of Malaysia (LIAM)
You can share this podcast by copying this HTML to your clipboard and pasting into your blog or web page.
What does the life insurance sector want in Budget 2021? We speak to LIAM CEO, Mark O'Dell, to find out.
Earlier this year, the Life Insurance Association of Malaysia (LIAM) and the Malaysian Takaful Association (MTA) announced the option to defer the payment of life insurance premiums/takaful contributions from April 1st to Dec 31st. With that, it was reported in early September that more than a million people affected by the pandemic opted to defer their life insurance premium payments for three months, with LIAM estimating that the total amount of premium payments deferred was more than RM1 billion.
We ask Mark about the current situation, pressing concerns, and LIAM's Budget 2021 wishlist.
Brought to you by Mah Sing.
Produced by: Roshan Kanesan
Presented by: Lyn Mak, Noelle Lim, Roshan Kanesan
This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.
Categories: SME, Markets, Politics, Law and Legal Matters, Health Policy, Diseases and Conditions, Mental Health, Healthy Living, Fitness, Science, Social Issues, Medical Innovation and Technology, Investments