Free Webinar: LINDUNG 24 JAM

Summary

Key Points

• Lindung 24 is a government initiative providing 24/7 social security protection to Malaysians, addressing the gap left by existing Perkeso schemes that primarily cover work-related injuries. 1:48
• The scheme was introduced to adapt to the evolving nature of work and lifestyle changes, covering non-work-related accidents that previously resulted in 38,000 rejected claims between 2015 and 2025. 4:56
• Key benefits include long-term income replacement for temporary or permanent disablement, comprehensive medical treatment with no limit (based on government rates), and rehabilitation services like physiotherapy, vocational training, and lifelong provision of prosthetic limbs or wheelchairs. 12:33
• Additional benefits extend to funeral expenses (RM3,000) and educational loans or grants for the children of contributors, ensuring family continuity and a second chance after an accident. 15:00
• Contributions for July and August will be refunded to the employer (who then refunds the employee) if an employee opts out within the specified window, but the June contribution is non-refundable as protection was already provided. 34:28
• All Malaysians covered by Perkeso were automatically enrolled in Lindung 24 with the June contribution, with a one-time opt-out window from July 13 to August 31; opting out after this period is generally not permitted. 38:55
• New employees joining after August 31 are automatically covered and cannot opt out, while coverage ceases during extended periods of unemployment but is continuous if employment transitions directly. 38:55
• Eligibility extends to Malaysian permanent residents (with opt-out option) and is mandatory for all legally working foreign employees, with no age limit for contributions as long as they remain employed. 65:27
• Lindung 24 is a separate scheme from existing Perkeso funds to ensure transparency, actuarial soundness, and clear governance, and it complements rather than overlaps with private insurance policies by offering long-term, defined benefits. 73:31
• Accidents resulting from pre-existing medical conditions or natural disasters are covered if they lead to a physical trauma, and Perkeso actively works with hospitals to provide guarantee letters for treatment, ensuring timely care. 82:43