Press Statements & Articles

Support full-time workers through the NECF Foundation and Group Insurance Scheme

30 October 2013

Support full-time workers through the NECF Foundation and Group Insurance Scheme

THOSE who preach the gospel should receive their living from the gospel, Scripture says in 1 Corinthians 9:14.

In keeping with this principle, the NECF Foundation was launched in 2004 and the following year, a group insurance scheme was initiated for full-time workers. The scheme, known as the NECF-Great Eastern Life Group Multiple Benefits Insurance Scheme (GMBIS), provides a comprehensive insurance coverage at low cost. If you have never heard of this opportunity before or know a pastor of full-time worker who would benefit from this, now is a good time to get acquainted with what the NECF Foundation can offer.

The group scheme is open to all pastors, church workers, church members, their spouses and children who worship in churches under the NECF umbrella. It is also open to associate members of NECF and employees of para-churches or organisations as long as they are members of NECF.

For a premium of RM30.00 per month, participants can enjoy the following benefits:

Critical Illness coverage of RM30,000 or
Natural death coverage of RM30,000 or
Accidental death coverage of RM60,000 or
Total & Permanent Disablement (due to illness) of RM30,000 or
Total & Permanent Disablement (due to accident) of RM60,000.

Bereavement (death claim) benefit of RM2,000 &
Maturity benefits at age 65 if there has been no claim.

The maximum amount that can be taken is RM250,000 inclusive of other such group schemes with Great Eastern Life. Participants must be below 55 years of age and for children 1 month old. All cases will be subject to underwriting.

Since the commencement of the scheme till December 2012, the number of cases claimed are 29 and the total amount paid out is RM1,229,589.

Those who qualify for the scheme according to the criteria mentioned earlier and who wish to participate or obtain further information, please contact:

Lawrence 019-3382 687
Laura 013-3367 088
Sharon 012-6596 216
Office 03-4294 7673

 

You can also donate funds to help the Foundation sponsor the premium for full-time workers who cannot afford the full amount. The Foundation subsidises 50% of the insurance coverage for nearly 300 pastors from East Malaysia.

In addition to subsidising insurance premiums, the Foundations also provides welfare support and education loans. Our ability to provide such assistance relies on donations. For 2012, the amount received was RM88,389 compared to the RM181,801 received in 2011.

To know more about receiving such assistance, please email enquiries@necf.org.my.



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