Kuala lumpur: CIMB Bank Berhad ('CIMB' or 'the Bank') has launched a first-of-its-kind salary account linked with complimentary Takaful coverage under its CIMB@Work programme ('the Programme'), reinforcing its commitment towards encouraging financial resilience among the Malaysian workforce. The Bank is offering salaried individuals practical and accessible ways to extend meaningful financial protection benefits without additional payment or administrative complexity through the programme.

According to BERNAMA News Agency, the new CIMB Salary Account provides Takaful protection of up to RM200,000 covering 36 critical illnesses, including cancer, heart attack, Alzheimer's disease, stroke, and kidney failure, and more. The Takaful protection also includes coverage for Death and Total and Permanent Disability ('TPD'). No health screening or health declaration is required, except for exclusions relating to pre-existing conditions, providing easy enrolment with no contribution payments. To be eligible for the Takaful protection, the account holder needs to maintain a monthly average balance ('MAB') of at least RM2,500 to initiate protection, and an MAB at or above this threshold to remain protected. The Takaful coverage is underwritten by Sun Life Malaysia Takaful Berhad, a bancassurance partner of CIMB.