FWD Takaful, AEON Insurance to close protection gap among motorcyclists in Malaysia

FWD Takaful Bhd (FWD Takaful) and AEON Insurance Brokers (M) Sdn Bhd (AIBM) have partnered to offer a complimentary term takaful plan via the latter’s participating motorcycle merchants.

The plan is aimed at addressing the low protection rates among motorcyclists in Malaysia.

“This collaboration is set to revolutionise the way motorcyclists experience safety and protection on the open road,” FWD Takaful said.

“Motorcycles, as a mode of transportation, are essential to support the livelihood and lifestyle of Malaysians and due to their affordability, make up 46.6 per cent of all registered vehicles in the nation.”

In 2022, the number of total registered motorcycle sales reached an estimate of 720,000 units, representing an almost 40 per cent increase from the estimated number of 500,000 units sold in 2021.

In view of this, FWD Takaful and AIBM set out to play a more proactive role in protecting motorcyclists and their families.

In 2022, the number of total registered motorcycle sales reached an estimate of 720,000 units, representing an almost 40 per cent increase from the estimated number of 500,000 units sold in 2021.

In view of this, FWD Takaful and AIBM set out to play a more proactive role in protecting motorcyclists and their families.

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