The national life insurance penetration rate is still considered low in Malaysia. The B40 income group is under-insured relatively to the national population.
Mr Toi See Jong, CEO of Tokio Marine Life Insurance Malaysia Bhd. (TMLM) shares his view on supporting Bank Negara's initiative - Perlindungan Tenang by introducing TokioMarine - StarterPack, an insurance plan that is simple to purchase online with affordable premium as low as RM0.50 per day.
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