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May 2019

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Malaysia: LIAM seeks more incentives from government

Source: Asia Insurance Review | Nov 2014

The Life Insurance Association of Malaysia (LIAM) said it is pleased to note the increase in tax relief for treatment of serious diseases such as cancer, kidney failure and heart attack from MYR5,000 to MYR6,000 (US$1,500 to $1,800) in the country's latest Budget statement, as well as an allocation of MYR23.3 billion to improving the healthcare services and facilities for the rakyat (people).

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