Zurich Takaful Malaysia Berhad ("ZTMB") will be transferring its general takaful business to Zurich General Takaful Malaysia Berhad ("ZGTMB") through a Business Transfer Agreement ("Agreement") and Scheme of Transfer ("Scheme"). Both ZTMB and ZGTMB are part of the Zurich Insurance Group.
The Scheme, which has been approved by the Ministry of Finance, is expected to take effect on 1 May 2018, subject to the approval of the High Court of Malaya. On the effective date of the Scheme, all general takaful certificates under ZTMB will be transferred to ZGTMB. The Scheme does not affect the coverage, benefits nor administration of these general takaful certificates.
All family takaful certificates under ZTMB will continue to be administered by ZTMB.
Should you wish to view the Agreement and Scheme, please click on the link below. For more information about Zurich in Malaysia, please read our Zurich Story.