AEON Bank and Zurich Malaysia have expanded their collaboration to provide affordable Takaful protection through the AEON Bank app. The partnership introduces two micro-Takaful plans—Personal Accident Takaful and Term Takaful—designed for Malaysians aged 18 to 59. These plans, starting at RM5 and RM18 per month respectively, offer a fully digital enrolment process, making Shariah-compliant coverage more accessible.
The initiative, launched on 29 October 2025, builds on a partnership established in May 2024. It aims to meet modern consumers’ demands for security and convenience by integrating essential protection plans into the digital banking ecosystem. AEON Bank’s CEO, Raja Datin Paduka Teh Maimunah Raja Abdul Aziz, emphasised the importance of providing affordable protection seamlessly through the app, which customers already use for daily financial activities.
Zurich Malaysia’s Country CEO, Junior Cho, highlighted the collaboration’s role in making ethical and inclusive protection accessible. “This partnership harmonises AEON Bank’s digital innovation and Zurich’s global protection expertise,” he stated, noting Zurich’s 150-year history of providing reliable protection solutions.
The Personal Accident Takaful plan covers total permanent disablement or accidental death, with coverage options up to RM80,000. The Term Takaful plan offers broader protection, including death or total permanent disability from all causes, with coverage up to RM80,000. Both plans are available 24/7 via the AEON Bank app, ensuring easy management and enrolment.
Looking ahead, AEON Bank and Zurich Malaysia plan to continue developing inclusive Takaful solutions to cater to the fast-paced digital lifestyles of Malaysians.
