KUALA LUMPUR (Sept 24): Fi Life Sdn Bhd, an insurtech company, and its underwriter Tokio Marine Life Insurance Malaysia Bhd (TMLM) has launched a Covid-19 vaccination insurance that covers teenagers from the ages of 12 to 17 years.
The vaccination insurance is free and part of TMLM’s contribution to combating Covid-19 through its Covid Support Fund, noted Fi Life in a statement today.
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It is available to existing life policyholders of Fi Life or TMLM as well as non-policy holders, it added.
Fi Life said it will pay a daily hospital allowance if the teenager under the plan suffers severe side-effects that would require hospitalisation as a result of Covid-19 vaccination. The allowance ranges from RM120 to RM240 per day, depending on whether one is an existing policyholder of the insurance companies or not, the statement added.
The vaccination insurance will also apply to adults.
It noted that existing policyholders are automatically covered whereas adult non-policy holders who are interested can register themselves and their children to get the insurance cover.