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Malaysia Airlines launches Takaful travel protection product

| 12 March, 2018
 NST Business
Malaysia Airlines launches Takaful travel protection product
Photo: Airport staff wait in the shade under a<span class="highlight"> Malaysia </span><span class="highlight">Airlines </span>plane at Kuala Lumpur International Airport in Sepang,<span class="highlight"> Malaysia</span>, March 2, 2016. REUTERS/Olivia Harris

MARCH 12, 2018 | 3:05PM MYT | KUALA LUMPUR

Malaysia Airlines Bhd (MAB) is the first airline in Malaysia to offer travellers Takaful protection following the launch of MHinsure Travel Takaful.

MAB, Etiqa and Cover-More launched the MHinsure Travel Takaful, enabling MAB customers to purchase their travel protections with flight ticket.

MAB group chief executive officer Izham Ismail said there is currently a high demand for Takaful protection products from international travellers.

"We are excited to launch a comprehensive product that complies with Shariah law and at the same time offers our Muslim and non-Muslim customers comprehensive Takaful travel protection with outstanding assistance services,” he said in a statement today.

The travel protection offer travellers the same benefits of traditional travel insurance products with two additional benefits for Badal Hajj and Ihsarr, which cater for the Islamic pilgrimage.

The Takaful protection plan is underwritten by general insurance company, Etiqa, with assistance services provided by Cover-More, an integrated insurance and medical assistance provider.

Etiqa Group chief executive officer Kamaludin Ahmad said the partnership with MAB, which began in 2008, has elevated the business to a new level.

"The continued strategic alliance will further expand Etiqa’s global brand presence by leveraging on certain destinations served by Malaysia Airlines or its codeshare partners as well as Cover-More’s global network,” he added.

Cover-More global director of aviation Mark Fuller said the launch of MHinsure Takaful is the latest advance in its longstanding relationship with MAB and Etiqa.

"Together, we successfully launched travel insurance to Malaysia Airlines customers in 2012 and now we can provide our global medical assistance services to travellers who want the protection of a comprehensive Takaful product.

Malaysia Airlines, Etiqa and Cover-More’s association commenced in 2012 when the three companies developed a tri-partite relationship to offer conventional travel insurance policies to Malaysia Airlines passengers through the airline online ticket sales path.

MHinsure Travel Takaful is now available via the integrated MAB’s booking path.

Copyright New Straits Times

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