13th October 2025
In the recently announced Belanjawan 2026, one of the key highlights is the expansion of tax relief for life insurance and takaful premiums.
Under the new measure, Malaysians can claim up to RM3,000 in relief, now extended to include policies covering children as well as the policyholder and spouse.
At KKSB, we welcome this move as it encourages greater financial protection for families. This aligns with our mission to support the rakyat’s financial well-being. We believe that cooperatives and policy reforms must go hand in hand together, we can help Malaysians safeguard their futures.