Takaful Malaysia Partners Agrobank In Offering Protection Plans For Farmers and Fishermen

Syarikat Takaful Malaysia Keluarga Berhad has entered into a strategic bancatakaful partnership with Agrobank where the farmer’s bank will now offer takaful protection plans to its customers.

Under the partnership, Takaful Malaysia Keluarga and Takaful Malaysia Am are now accessible to Agrobank’s customer base, branch network, and sales forces. Agrobank will promote and market credit-related family and general takaful products in addition to developing the advisory family takaful business.

Nor Azman Zainal, Group Chief Executive Officer of Syarikat Takaful Malaysia Keluarga Berhad, said, “Our collaboration with Agrobank is timely to further strengthen our bancatakaful portfolio as one of our key business drivers by identifying market opportunities to maintain our strong foothold in the takaful industry.”

“We also allocated RM1 million yearly throughout this bancatakaful partnership for Agrobank customers who are Asnaf or tithe recipients, in line with our corporate philosophy of improving lives and contributing towards a caring society,” said Nor Azman Zainal.

Dato’ Tengku Ahmad Badli Shah Raja Hussin Agrobank CEO, said, this agreement provides takaful solutions to all Agrobank
customers, with the target to introduce at least two (2) takaful products per year (protection plans) designed carefully to cater the needs of the agriculture business communities as farmers (crop and livestock breeders) and fishermen which have not been the focus of industry players.

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