Introduction
IKHLAS ACCIDENTAL
DEATH TAKAFUL RIDER is a Takaful Rider
Plan, which can only be attached to a Basic Plan.
This plan provides protection
against death, total and permanent disability (TPD)
or partial and permanent disability (PPD) due to
accidental causes of the participant within the term
of the policy. This is an Individual Level Takaful
cover for protection purposes.
What
does IKHLAS Accidental Death Takaful Cover
?
IKHLAS ACCIDENTAL DEATH TAKAFUL RIDER covers the
following :-
ACCIDENTAL DEATH BENEFIT
In the event of accidental death of the participant
within the term of the policy, the Sum Cover (SC)
plus the balance in the participant’s Personal
Risk Investment Account (PRIA) will be payable to
the participant’s beneficiary or next of kin.
ACCIDENTAL TPD BENEFIT
In the event of accidental total and permanent disablement
of the participant within the term of the policy,
the SC plus the balance in the PRIA will be payable
to the participant.
ACCIDENTAL PPD BENEFIT
In the event of accidental partial and permanent
disablement of the participant within the term of
the policy, the SC plus the balance in the PRIA will
be payable to the participant’s beneficiary
or next of kin. Payment of the SC is as per the Schedule
of Indemnity.
MATURITY BENEFITS
Upon maturity of the certificate, you will receive
a lump sum payment from the investment income and
accumulated amount from the Personal Investment Account
and net surplus from Ta’awuni Account Pool
from the Risk Fund.
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Why
IKHLAS Accidental Death Takaful?
SUM COVERED
You can choose the amount of coverage up to five
(5) times the Basic Plan Coverage.
Takaful IKHLAS MODEL
• The Takaful IKHLAS Model
allows the Company to optimize investment return
to the participants.
• Upon expiry, the outstanding contributions inclusive
of return will be distributed accordingly to participants.
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