B40 govt servants can now buy car insurance in instalments

Human Resource Minister M. Saravanan announces a Social Security Organisation scheme that allows civil servants in the B40 group to pay their car insurance in instalments. – The Malaysian Insight file pic, November 24, 2021.

ABOUT 1.7 million civil servants, especially those from the B40 group, can now purchase or renew their vehicle insurance with interest-free instalments through MyezyCover scheme introduced by the government today.

Human Resource Minister M. Saravanan said the Syariah-compliant scheme was implemented with a RM100 million funding by Social Security Organisation (Socso), MyAngkasa Amanah Berhad (MAAB) and A Tech Insure Sdn Bhd (ATECH).

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