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| FOREIGN WORKERS COMPENSATION
SCHEME INSURANCE |
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| INTRODUCTION |
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Under Section 26(2) of the Amended Workmen’s
Compensation Act 1952, it is mandatory for every employer to insure
all foreign workers employed by him under an approved insurance
scheme in respect of any liability that he may incur under the
said Act.
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Any employer who fails to insure the foreign
workers under the said scheme shall be guilty of an offence and
shall be liable, on conviction, to a fine not exceeding RM20,000.00
or to imprisonment for a term not exceeding 2 years or both.
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Kurnia Insurans has been appointed
by the Ministry of Human Resources as one of the insurers to provide
coverage for employment accidents to foreign workers. Employers
may therefore insure all their foreign workers under the Insurance
Scheme with Kurnia Insurans to fulfill the requirements
of the Act.
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| SCOPE OF COVER
AND BENEFITS |
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Section 1: Workmen’s Compensation
This section covers the Insured’s foreign worker against
personal injury by accident or disease arising out of or
in the course of employment with the Insured.
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| Scope
of cover |
Benefits |
| Accidental death due to employment
injury |
60 months earnings or RM18,000.00
whichever is less
Additional payment of RM7,000 as provided under
FWCS. |
| Permanent Total Disablement |
60 months earnings or RM23,000.00 whichever is
less |
| Permanent Partial Disablement |
A sum of money based on the capital sum of RM23,000
calculated in accordance with the First Schedule
of the Workmen’s Compensation Act. |
| Temporary Total / Partial Disablement |
A sum of money calculated in accordance with
Section 8(e) of the Workmen’s Compensation
Act. |
| Hospitalisation and Medical Expenses |
Pays in accordance with the provisions of the
Workmen’s Compensation Act (max. RM750) |
| Occupational Disease |
as per Second Schedule of the Act. |
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Note:
Compensation shall not be payable for first 4 days of disablement
unless the disablement lasts for a period of at least 14
days. |
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Section 2: Repatriation Expenses
This section will indemnify the Insured for the actual repatriation
expenses incurred or RM4,800.00 whichever is the lesser,
in the event the insured worker dies or suffers permanent
total disablement. |
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Section 3: Personal Accident Insurance (Off-Work
Hours)
This section will pay to the Insured person or his legal representative
for personal injury sustained in an accident, which occurs
outside the working hours |
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| Scope
of cover |
Benefits |
| Accidental Death (occurring within
12 months of the accident) |
Compensation sum of RM23,000 |
| Permanent Total Disablement (occurring within
12 months of the accident) |
Maximum compensation sum of RM23,000 |
| Permanent Partial Disablement |
A sum of money based on the capital sum of RM23,000
calculated in accordance with the First Schedule
of the Workmen’s Compensation Act |
| Temporary Disablement |
A sum of money calculated in accordance with
Section 8(e) of the Workmen’s Compensation
Act. |
| Medical Expenses |
Pays in accordance to the provisions of the Workmen’s
Compensation Act (max. RM750). |
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| PREMIUM |
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The minimum annual premium is RM 72.00
(RM 67.00 + SPPA service fee RM5.00) per foreign worker
(Before RM10.00 Stamp Duty and 5% service tax, if applicable)
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SPPA service fee is a fee charged for
electronic link-up service for “Skim Pampasan Pekerja
Asing (SPPA). Insurer will act as collection agent on behalf
of Labour Department and shall not be responsible for all
matters arising out of the service for which the fee is levied.
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| PRODUCT DISCLOSURE SHEETS |
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| Click
here to view Product Disclosure Sheets (PDS). |
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| HOW TO BUY |
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