MSIG Malaysia

Mandatory cover for your foreign worker

Taking good care of your workers will ensure the smooth running and success of your business operations. MSIG Foreign Worker Insurance Scheme, will take care of the needs of your foreign workmen while protecting your business from disruptions in the event of illnesses or accidents.

Foreign Worker Insurance Guarantee (FWIG)

Foreign Worker Insurance Guarantee is a guarantee required by Immigration Department under Regulation 21 of the Immigration Regulations from Employers as a security deposit for the employment of foreign workmen in various sectors.

In the event that any of the foreign workman(men) is/are to be repatriated to their home country, this insurance serves as a guarantee to the Director General of Immigration Department up to the maximum aggregate sum of the guarantee value.

The Insurance Guarantee offered under this scheme does not include foreign maids.

Mandatory cover for your valuable asset

Taking good care of your workers will ensure the smooth running and success of your business operations. MSIG Foreign Worker Insurance Scheme, will take care of the needs of your foreign workmen while protecting your business from disruptions in the event of illnesses or accidents.

Foreign Worker Compensation Scheme (FWCS)

The Workmen’s Compensation Act 1952 was amended in August 1996. Under Section 26(2) of the Amended Act, it is mandatory for every employer to insure all the foreign workmen employed by him under an Approved Insurance Scheme in respect of any liability he may incur under the Workmen’s Compensation Act 1952.

Any employer who fails to insure the foreign workmen under the Approved Insurance Scheme is guilty of an offence and shall be liable, on conviction, to a fine not exceeding RM20,000 or to imprisonment for a term not exceeding two years or both.

Mandatory cover for your valuable asset

Taking good care of your workers will ensure the smooth running and success of your business operations. MSIG Foreign Worker Insurance Scheme, will take care of the needs of your foreign workmen while protecting your business from disruptions in the event of illnesses or accidents.

Foreign Worker Hospitalisation & Surgical Scheme (FWHSS)

In view of increasing Hospital and Surgical charges, this Scheme is specially designed to reduce the financial burden of the Employers of foreign workers in the event of hospital admission of their foreign workers due to accident or illness.

Note:

Service Tax implementation effective 1 September 2018

Please be informed that a 6% Service Tax will be charged with effect from 1st September 2018 for all taxable general insurance policies with period of insurance commencing on or after 1st September 2018 or policies spanning across 1st September 2018 (pro-rated charge).

You are obligated to pay any applicable taxes (which include but not limited to service tax and stamp duty) imposed by the Malaysian tax authorities in relation to this Policy.

We are in the midst of updating our brochures and product materials to reflect the Service Tax. The materials will be ready in due course.

Customer Service Hotline

Our dedicated Customer Service Officers and staff will be happy to assist with your queries.