PTV insurance initiative for B40 group discontinued due to low claim rates, says Ahmad Maslan

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PTV insurance initiative for B40 group discontinued due to low claim rates, says Ahmad Maslan
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KUALA LUMPUR: The RM75 Perlindungan Tenang Vouchers (PTV) initiative has been discontinued due to the low claim rates compared to the allocation provided under the scheme, says Datuk Seri Ahmad Maslan.

KUALA LUMPUR: The RM75 Perlindungan Tenang Vouchers initiative has been discontinued due to the low claim rates compared to the allocation provided under the scheme, says Datuk Seri Ahmad Maslan .

"This means that very few people were protected by the PTV," he said in reply to a supplementary question from Pang Hok Liong during Question Time. Under the programme, 16 participating insurance companies and takaful operators offer a range of 22 protection plans providing coverage against key risks such as death, accident, fire, damage of properties and other unfortunate events.

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