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EP3 - Tips about TIPS: Takaful and Insurance Benefits Protection System

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We've learned about PIDM, and we've gotten to know how they go about protecting our money in the bank. But do you know that they also insure our insurance and takaful through something called Takaful and Insurance Benefits Protection System or TIPS? This means that we don't have to worry about the premium we pay monthly going to waste, in case something bad happens to our insurance companies. Afiza Abdullah, General Manager of the Policy and International Division at PIDM joins us to help break TIPS down. More information about Perbadanan Insurans Deposit Malaysia (PIDM) can be found at its website www.pidm.gov.my

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Image source: Shutterstock

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