Fomca: Majority buy insurance without knowing coverage
A survey on insurance policyholders revealed that a majority of them don’t understand the contents of their insurance policies, says Federation of Malaysian Consumers Associations (Fomca) president Datuk Dr Marimuthu Nadason. As such, he said Bank Negara should help resolve the problem. He said Fomca carried out a survey and found that 73% of the[…]