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Home » Corpcom & Publication » Archives » Past Events » Institute Provides Insurance Coverage for Members Updated : 01 August 2008
Institute Provides Insurance Coverage for Members  
MAICSA president Akbar Moidunny FCIS (left) and MSIG (KL Agency) insurance manager Shirly Yip signing the memorandum of understanding.

MAICSA president Akbar Moidunny FCIS (left) and MSIG (KL Agency) insurance manager Shirly Yip signing the memorandum of understanding.

From left: Akbar, Council member Paul Chan, Yip, MAICSA vice president Dr.Cheah Foo Seong, CEO Philip Tan and MSIG authorised agent Liang Voon Chiang.

From left: Akbar, Council member Paul Chan, Yip, MAICSA vice president Dr.Cheah Foo Seong, CEO Philip Tan and MSIG authorised agent Liang Voon Chiang.

MAICSA is providing its members an insurance coverage against accidental death and permanent disablement. “This is another significant investment move for the Institute in acquiring the Group Personal Accident Policy coverage for the benefit of our Fellows and Associate members,” said MAICSA president, Akbar Moidunny FCIS

A signing ceremony was held between MAICSA and MSIG Insurance (Malaysia) Bhd on 30 June 2008 at Bangunan MAICSA in Mid Valley City, Kuala Lumpur. Akbar signed on behalf of MAICSA while MSIG Insurance was represented by its KL agency manager, Shirly Yip. In his speech, Akbar said that the insurance coverage was part of the Institute’s corporate responsibility for its members which was an additional benefit for them.

Group photography at the end of the signing ceremony.

Group photography at the end of the signing ceremony.

“Our Fellow members are now covered by a policy of RM100,000 while Associate members are covered with a RM50,000 policy,” added Akbar. “This is also one way to thank our members for their support of the Institute for the past 49 years.”

The insurance policy which commenced on 1 July 2008 includes medical expenses of RM3,500 for Fellows and RM1,500 for Associates.

Also present at the signing ceremony were MAICSA vice president Dr Cheah Foo Seong FCIS, council member Paul W. Chan FCIS and CEO Philip Tan. Other representatives from MSIG Insurance were Liang Voon Chiang and Yong Chee Kiong.

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