Brunei Darussalam Central Bank has issued financial literacy guidance encouraging consumers to prepare for unexpected financial shocks through appropriate takaful or insurance coverage. Consumers should assess their protection needs based on their income, debts, dependents and stage of life, while ensuring premiums or takaful contributions remain affordable over the long term. Before committing, consumers should review each product’s coverage, benefits, exclusions, costs, waiting periods and claims conditions. Coverage should complement emergency savings, fit the consumer’s circumstances and budget, and be purchased only from takaful operators or insurance companies licensed by the central bank.
2026-08-31Central Bank of Brunei Darussalam
Brunei Darussalam Central Bank issues guidance on choosing takaful and insurance protection
Brunei Darussalam Central Bank has advised consumers to select takaful or insurance coverage that reflects their financial needs, dependents and budget. Consumers should understand product terms and claims conditions, maintain affordable protection and deal only with licensed providers.