By: MediSavers | 30 June 2022

The Group Term Life is the latest collaboration between MediSavers and Manulife Insurance

There was lots of excitement leading up to the product launch as this is the first such mutual collaboration


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MediSavers Prime Life 48 Membership Program New Launch

Image credit: MediSavers

Kuala Lumpur 30th June 2022 – The Group Term Life Membership Program is the latest collaboration between MediSavers and Manulife Insurance that was announced during an event of 40 attendees at the Menara Manulife. The product launch was officiated by an opening speech by Manulife Insurance Bhd. the Group Chief Executive Officer (GCEO) of Manulife Holdings Bhd, Ms. Vibha Coburn welcoming our Group President and CEO of Pathlab Health Management (M) Sdn. Bhd. and MXM International Sdn. Bhd., Dato’ Marcus Kam. There was lots of excitement leading up to the launch as this is the first such mutual collaboration. The MediSavers Group Term Life will be introduced later in July and further updates on the details will be announced on social media and other platforms.

Image credit: MediSavers

Providing Quality Life and Critical Illness Protection to the MediSavers Network

Image credit: MediSavers

MediSavers Membership Program is committed to provide a quality and affordable Term Life and Critical Illness Protection for our Health Advisors and members. As our CEO announced during the launch, the Group Term Life is aimed to provide a conventional prevention program for the health of our members and avoid an extended stay during hospital admission.

As MediSavers has adopted a more digital transformation on their platform, all member applications can be submitted online via MediSavers app with a seamless onboarding system. To make the enrolment process more convenient, the Group Term Life will be available through the mobile app for all services and online submissions. The reaction from both sides has been well received and this launch is just the beginning of this new partnership as MediSavers is looking forward in developing more offerings in the future.

About MXM International

Image credit: MediSavers

MediSavers is the Fintech platform established in 2002 under MXM International. The platform offers a series of innovative products ranging from various categories including healthcare, lifestyle and finance. With its unique Healthcare Membership Program in Malaysia, MediSavers is confident of being the market leader in providing quality and comprehensive healthcare protection for all. As MediSavers isstriving to be a technologicallydriven platform, the aim is to transition more than 60,000 members on the mobile app to gain better access quality to medical protection.

About Manulife Malaysia

Manulife Malaysia was first established in 1963 as a branch of Bahamas-based British American Insurance Co. It became a public limited company in 1981 and changed its name to British American (Malaysia) Insurance Berhad. In 1994, the company was renamed John Hancock Life Insurance (Berhad) to reflect our association with John Hancock Mutual Life Insurance Company in USA. Later, the Company changed its name to Manulife Insurance (Malaysia) Berhad following the large-scale global merger between Canadian-based Manulife Financial Corporation and US based John Hancock Financial Services, Inc in 2004. Manulife Malaysia underwent a restructuring exercise in 2008 and effective 1st October 2008, Manulife Insurance (Malaysia) Berhad became Manulife Holdings Berhad.

Manulife Malaysia is a progressive company, not just in the products and services we offer but also in the way we do business. We aspire to be the trusted and most preferred financial services provider in Malaysia by making our customers’ decisions easier and lives better. Subsidiary companies under Manulife Holdings Berhad are Manulife Insurance Berhad, Manulife Investment Management (M) Berhad and Manulife Insurance Labuan Limited.

Manulife Holdings Berhad is listed on the Bursa Malaysia. Its assets under management as at 31 March 2022 is over RM13 billion.

Manulife Holdings Berhad is a member of Canada-based Manulife Financial Corporation, a leading Canadian-based financial services group.

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