Gibraltar BSN Widening Protection for Malaysians with latest Critical Illness Plan, GoXtra Care


Kuala Lumpur, 22 February 2021 – According to the Ministry of Health Malaysia, one in 4 Malaysians will suff­er from Cancer before age 75[1]. Other surveys state that one in five Malaysian deaths are due to Heart Diseases and one in ten deaths that occur are due to stroke[2].

Despite the prevalence and rising healthcare costs for critical illness conditions, many Malaysians remain under protected and are open to financial impact from a significant life event. Households surveyed under the National Health and Morbidity Survey 2019 show that only 8.1 percent of Malaysian households utilise their insurance to pay for health services. The majority of Malaysians (81.4 percent) pay their health bills from their current income, 35.8 percent use their savings, while 10.9 percent pay with monies borrowed from family and friends. [3]

Realising the heavy financial burden of recovering from a critical illness condition to the patient, family, and society, Gibraltar BSN today launched GoXtra Care, a comprehensive critical illness plan that provides multiple lump sum payments of up to RM2,000,000 for 151 conditions from early to advanced stages and 10 special conditions.

Addressing a timely need, Lee Kok Wah, Chief Executive Officer of Gibraltar BSN Life Berhad said, “With Malaysia’s increasing medical inflation, treatment for critical illness conditions can be extremely costly, resulting in financial burden to the customer. With that in mind, we designed GoXtra Care to cover our customer’s extensive financial needs by allowing multiple claims from different illness groups and the automatic reset of coverage back to 100% if no other claims are made within 12 months after the first Early Stage critical illness claim.”




[3] Fact Sheet, National Health and Morbidity Survey 2019