Thursday, July 2, 2020

Boost Launched Microinsurance

Microinsurance Network Mission Statement, Employees and Hiring ...Axiata Digital’s e-wallet Boost and its digital financing platform Aspirasi launched - Aspirasi Protect – a microinsurance plan which provides affordable, accessible and on-demand protection to Malaysians (underwritten by Great Eastern Life).

For RM1.50, the ‘Aspirasi Protect’ 7-day insurance coverage offers up to RM37,500 for accidental death of various causes, RM12,500 for critical illness protection for major head trauma or coma, and RM5,000 bereavement benefit upon accidental death.

The plan comes with additional financial assistance in the form of RM200 daily hospitalization cash assistance upon diagnosis of COVID-19 up to a maximum of 60 days of hospitalization and RM20,000 financial assistance upon fatality due to the virus. COVID-19 Assist is an additional financial assistance program offered by Great Eastern Life Assurance (Malaysia) Berhad.

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