The Deposit Insurance System (DIS) is a system established
by the Government to protect depositors against the loss of their insured
deposits placed with member institutions in the event of a member institution
failure. Commercial and Islamic banks that are member institutions of PIDM are
also referred to as ‘member banks’.
Showing posts with label insurance. Show all posts
Showing posts with label insurance. Show all posts
Choosing the right type of insurance for your needs can be tricky. This guide looks at the different types of insurance available, how to choose the right cover and when and how to buy it.
Malaysia’s Islamic insurers are seeking to double policy holders in five years by investing more in digital technologies to attract a younger audience, according to the industry association’s head.
The Takaful and Insurance Benefits Protection System (TIPS) is a system established by the Malaysian Government to protect owners of takaful certificates and insurance policies from the loss of their eligible takaful or insurance benefits in the event that an insurer member fails and is unable to honour the takaful or insurance benefits. Takaful operators and insurance companies that are member institutions of PIDM are also referred to as ‘insurer members’.
Insurance is one of the important elements to protect your financial. However, you need to make sure you are not involved with mistrusted insurance or even scam.
Financially protecting yourself and your loved ones financially against
a death in the family means there is one less thing to worry about if the worst
should happen.
KUCHING, June 15, 2015: The recent earthquake disaster underscored the call by insurance providers such as Prudential Assurance Malaysia Bhd (Prudential) to prepare for the unforeseeable.
KUALA LUMPUR, 28 May 2015: Perbadanan Insurans Deposit Malaysia (PIDM) has strengthened its safety net for bank depositors, insurance and takaful policy owners from Deposit Insurance System (DIS) as well as Takaful and Insurance Benefits Protection System (TIPS).
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