Foreign Workers
- August 26, 2024
- Posted by: [email protected]
- Categories:
FOREIGN WORKERS
Travel to any corner of Malaysia and it’s impossible not to find foreign workers performing laborious duties in all industries. Consequently, and with their constantly on the rise, and without the benefits of EPF and SOCSO like their local counterparts, it is important for these workers to have also have a m protection against the unforeseeable. Therefore, it is now mandatory that all foreign workers in Malaysia be covered by the Foreign Workers Insurance during the tenure of their service in this country.
FOREIGN WORKERS INSURANCE GUARANTEE (FWIG)
This insurance guarantee is a bond required by the Malaysian Immigration Department to cover any repatriation and penalty costs incurred should they require the worker to be returned to his/her country of origin before the completion of his/her work contract in Malaysia. These bonds should have a standard validity of eighteen (18) months or more in accordance to the worker’s nationality
FOREIGN WORKERS COMPENSATION SCHEME (FWCS)
Under Section 26 of the Workmen’s Compensation (Amendment) Act, 1996, employers in Malaysia are required to insure their foreign workers under this insurance scheme. The FWCS coverage includes accidental death, permanent disablement, temporary disablement, hospitalisation and medical expenses, and repatriation expenses.
FOREIGN WORKERS HOSPITALISATION & SURGICAL INSURANCE SCHEME (SPIKPA/FWHS)
Employers are also required to insure their foreign workers under the FWHS / SPIKPA to assist with the burden of hospitalisation and surgical costs in the event of accident or illness during their stay in Malaysia. This policy carries a standard annual limit of RM10,000.00 and allows insured foreign workers cashless admission into government run hospitals nationwide.