BSN TAKAFUL SAKINAH PLUS: EMPOWERING MALAYSIANS WITH -FREE FINANCIAL PROTECTION

In its ongoing commitment to advancing financial inclusion and ensuring essential protection for all Malaysians, Bank Simpanan Nasional (BSN) and Prudential BSN Takaful Berhad (PruBSN) today unveiled the BSN Takaful

Sakinah Plus. This upgraded takaful plan builds on the success of its predecessor, BSN Takaful Sakinah, offering enhanced protection, seamless renewability, and expanded benefits, all while remaining one of the most affordable options in the market.

Since its launch in May 2021, BSN Takaful Sakinah has provided protection to over one million families, with total coverage surpassing RM13 billion. Emerging as a cornerstone of financial security for many Malaysians, BSN Takaful Sakinah continues to offer vital protection during life’s unpredictable moments. 

BSN Takaful Sakinah Plus is designed to provide essential protection for families, particularly those within the lower income group, ensuring they have access to the security they deserve. Individuals aged 19 to 60 are eligible to enroll without the need for medical examinations or health questionnaires, making it one of the most accessible and straightforward takaful solutions available today.

By leveraging BSN’s extensive branch network, BSN Takaful Sakinah Plus is easily accessible to customers across various locations. Customers can subscribe by visiting any BSN branch or through BSN’s website. Contribution payments are conveniently deducted directly from their BSN accounts, making management simple. Additionally, BSN tellers are available to guide customers through their options, ensuring they fully understand the plan’s benefits.

PruBSN’s Chief Executive Officer, Wan Saifulrizal Wan Ismail, said, “It’s concerning that 46% of Malaysians don’t have personal financial protection. Many in the lower income segment face barriers like limited financial resources, lack of takaful awareness, and complex enrollment processes. At PruBSN, we believe that financial protection should never be a privilege only a few can afford. By partnering with BSN and using its vast network, we bring financial security to those who need it most, helping Malaysians build a safer future in line with Prudential social sustainability commitment, to help provide simple and accessible protection to all levels of society. 

BSN Chief Executive, Jay Khairil, highlighted, “At BSN, we are deeply committed to championing financial inclusion. With BSN Takaful Sakinah Plus, we aim to make financial protection not only more accessible but also more attainable for all Malaysians. This plan aligns with our mission to build a more resilient and financially secure society, where no one is left behind in times of need. With a focus on affordability, auto-renewal, and expanded benefits, the plan ensures individuals have the resources they need to face life’s uncertainties without the burden of financial vulnerability.” 

BSN Takaful Sakinah Plus remains highly affordable, with contributions starting at just RM65 per year. Although it remains highly affordable, it ensures the continuity of all benefits without any compromise, thus affirms families are not left vulnerable in times of need. Key enhancements of this plan include increased protection, offering up to three times coverage for accidental death during festive seasons or while performing Hajj or Umrah.

Additionally, its auto-renewal feature with a 10% contribution rebate facilitates continuous protection without requiring customers to manually renew their coverage every year. This added convenience provides peace of mind, knowing that their takaful plan remains active without interruption. The plan also includes life protection and a khairat benefit to provide essential financial support to ease funeral expenses.

By eliminating obstacles and promoting affordability, BSN Takaful Sakinah Plus helps to extend protection to more families. Even in life’s most challenging moments, no one should feel unsupported or alone. This is our commitment to a future where every Malaysian has access to financial security, building a more resilient community.

For more information, please visit BSN Takaful Sakinah or contact your nearest BSN branch.