MSIG Weekly Indemnity Insurance eases your financial burden by paying a weekly sum in the event of loss of income due to bodily injury resulting from an accident. Rest easy at home and recuperate in peace with the weekly indemnity benefit coverage of up to 12 weeks of recovery period.

Weekly Indemnity Insurance offers a protection plan that is affordable, easy to understand and with a convenient claims process that is made to serve those who need it most.

Important Note:

  • This product is available to all Malaysians between the age of 18 years and 69 years at the date of enrolment and may be renewed up to age 80 years.
  • This product only provides coverage for up to 3 payable claims. Each payable claim shall arise from a fresh bodily injury incident which is not related to any or earlier bodily injury incident which claim had been paid during the period of insurance.
  • The policy shall automatically and immediately be terminated upon payment of the 3rd payable claim during the period of insurance and shall not be renewable.
*Stamp duty is exempted until 31/12/2025. However, RM10 stamp duty shall be payable starting from 1/1/2026.

Note:

  • You are obligated to pay any applicable taxes (which include but not limited to service tax and stamp duty) imposed by the Malaysian tax authorities in relation to your Policy.
  • Effective 1 March 2024, an 8% Service Tax will be applied for all taxable general insurance policies. This includes policies commencing on or after this date or span across it (pro-rated). MSIG retains the right to collect any uncharged service tax for policies processed before 1 March 2024 where the insurance period spans across that date.

Learn More

MSIG Weekly Indemnity Insurance is an annual plan that offers weekly indemnity for the loss of income caused by accidental means.

Download the coverage details below to learn more.