It was tabled:
“Personal relief for EPF and life insurance schemes to be increased to RM7,000.” Excerpt from thestar.com.my
SO its up another RM1,000 here. That translate to atleast RM2,000 tax relief inclusive of the increased in Personal tax relief. 
Must go tambah Insurance but don’t get the wrong policies. Make sure it is for annuity.
Brief summary : Budget 2010
This relief seems more helpful. It help mid class income people (more than RM4,000 monthly). If without increase, the EPF potion has take up the relief of RM5,280 and it only has RM720 for any annuity or life insurance. Which who has insurance more than RM720 annually is taxable. now it help reducing tax payment.
Well for lower income people, is time for you to get more annuity or protection for your retirement planning. if not, you have to depend on your luck. Why not getting something that do not need to gamble your luck.