The public will be able to check if they are eligible for the MySalam insurance scheme for the bottom 40 percent (B40) income group from March 1 onwards. 

The checks can be performed on the www.mysalam.com.my website which was launched today. 

Online registration for MySalam – Putrajaya's new insurance scheme for the bottom 40 percent (B40) income group – was launched today.

Announcing this in a statement, Finance Minister Lim Guan Eng reiterated that policyholders would benefit from a one-off payment of RM8,000 should they suffer from one of the 36 critical illnesses listed.

In the event of hospitalisation, policyholders will also be able to claim RM50 a day in reimbursement for loss of income for up to 14 days, a maximum of RM700 a year.

"This initiative became a reality due to participation from Great Eastern Holdings, which contributed RM2 billion for MySalam.

"This is a model for true public-private partnerships in building a social safety net for Malaysians," said Lim.

Although anyone who is already registered under Bantuan Sara Hidup (BSH) scheme is automatically registered as a participant of the scheme, potential policy holders are encouraged to check the MySalam website, to see ensure that his/her name has been properly recorded. 

The website also contains a section on frequently asked questions about the scheme.