fomca logoSeptember 15, 2020 @ 7:06pm
KUALA LUMPUR: Insurance companies were urged not to increase insurance premium, especially medical insurance, which has become a necessity these days.

Federation of Malaysian Consumers Association (Fomca) president Datuk Dr N. Marimuthu said insurance companies were not portraying what they were championing, health care protection at a time of need.

"The insurance companies are increasing their medical premiums at the time when not only our nation but the whole world is under the attack of the pandemic Covid-19," he said in a statement today.

He said the economy of many countries were at stake, including Malaysia. Many Malaysians of all walks of life had lost their jobs and some even had to take substantial pay cut.