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- All students who receive the PTPTN loan must take insurance coverage. The appointment of an insurance company and payment of premium (deducted from the loan total) will be handled by PTPTN.
- Starting Jun 2008, PTPTN has recalculated the insurance deduction on a new premium rate. All current PTPTN loan borrowers will undergo an insurance deduction for the purpose of protecting their loan based on their study period and loan repayment period. Insurance deduction will be done every semester when the loans are disburse. The insurance deduction amount is RM0.96 for every RM1,000 of loan amount. For current loan borrowers whose insurance deduction before this is less than the amount stated, the amount will be recalculated and extra deduction will be made.
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