Funding & Debts CancellationJanuary 15, 2024by William WongNavigating the Allocation and Disbursement of Insurance Policy Funds in Malaysia Upon the Demise of the Insured
In Malaysia, assets held within insurance policies are expressly exempted from the estate of the deceased individual. This provision is designed to protect the entitlements of the insured’s spouse and children with respect to the insurance proceeds, thereby mitigating any prospective claims from the creditors of the deceased. The legal foundation for this exclusion is...

























