The Bank has issued the exposure draft on Perlindungan Tenang which sets out the proposed requirements and guidance in providing microinsurance/microtakaful products under Perlindungan Tenang. The proposals in the exposure draft seek to accommodate further development of insurance and takaful products that respond to the needs of the unserved or underserved segments as well as to promote innovative, sustainable and inclusive insurance and takaful business models.

Bank Negara Malaysia invites written feedback on the proposals in this exposure draft issued on 1 December 2020, including suggestions on areas to be clarified and alternative proposals that the Bank should consider.

Details can be found in the following documents:

• Perlindungan Tenang