Hi, I currently have a sole-prop company with around 15 to 20 workers.
If I buy a company policy for my workers (e.g. https://www.aia.com.my/en/our-products/employee-benefits.html),
is there any way to ensure I have the required documents ( death certificate) if one of my workers has unfortunately passed away?
Also, after asking the insurance agent, the sum of insured is paid to the company, and whether the amount is to be split between company and worker is up to the agreement of the employer and employee.
So if the deceased has signed a contract to split the amount insured, must the spouse or relative of the deceased adhere to the contract signed?
Unable to provide any info about that type of insurance you mentioned. Better don't deal with agent but deal direct with the insurance company. Personally go to their office and make inquiry. But what I can say is that it is required by law that employers must cover their workers with SOCSO insurance.