Kuala Lumpur, 10 February 2021 – Berjaya Sompo Insurance Berhad (“Berjaya Sompo”) is set to provide small and medium-sized enterprises (“SME”) policyholders a Premium Payment Flexibility (“PPF”) plan to ease their financial burdens and cash flow constraints due to the pandemic and the current MCO 2.0 phase. Under the PPF plan, SME policyholders can apply to defer their premium payments for a period of up to six (6) months, provided they meet the eligibility criteria set by Berjaya Sompo.

PPF plan is only applicable for policies with inception dates between 1 January 2021 to 31 March 2021. Berjaya Sompo is committed to helping SME policyholders to continue receiving insurance protection while facing temporary financial setbacks due to the pandemic. Our existing SME policyholders are encouraged to speak to their servicing agents for further information.

Download a copy of the press release here