In Malaysia, there are 3 types of foreign worker insurance:-
1) Foreign Workers Insurance Guarantee
Foreign Workers Insurance Guarantee is a guarantee required by Immigration Department from Employers as a security deposit for the employment of foreign workers in various sectors.
The amount and the period of guarantee are pre-determined by the Department. They will be based on the nationality of the workers. The amount of guarantee ranged from RM 250.00 to RM 3,500.00. The duration required ranged from thirteen (13) to thirty six (36) months. The most common duration required is eighteen (18) months.
The guarantee will be called by the department if the repatriation of the workers becomes necessary.
2) Foreign Workers Compensation Scheme (FWCS)
Under Section 26 the Workmen’s Compensation (Amendment) Act 1996, it is mandatory for Employers to insure all the foreign workers employed by them under the Foreign Worker’s Compensation Scheme.
3) Foreign Worker Hospital and Surgical Insurance Scheme (SKHPPA)
This Foreign Workers Hospitalization and Surgical Insurance Scheme (FWHS) or better known as SKHPPA is specially designed in view of increasing Hospital and Surgical charges and to reduce financial burden of the Employers of foreign workers in the event of hospital admission of their foreign workers due to accident or illness.