IKHLAS TERM TAKAFUL
RIDER is a Takaful
Rider Plan, which can only be attached to a Basic
Plan. This is an Individual Level Takaful cover with
greater coverage and wider benefit scope. The plan
provides protection against death and total disablement
of the participant within the term of the certificate.
does IKHLAS Term Takaful
Rider cover ?
In the event of death of the participant within the
term of the policy, the Term Rider Sum Covered (TRSC)
plus the balance in the participant’s Personal
Risk Investment Account (PRIA) will be payable, in
one (1) lump sum, to the participant’s beneficiary
or next of kin.
Total and Permanent Disability
In the event of total and permanent disablement
of the participant within the term of the policy,
the TRSC plus the balance in the PRIA will be payable,
in one (1) lump sum, to the participant.
Upon maturity of the certificate, participant will receive the accumulated amount in the Personal Risk Investment Account (PRIA).
Age and issue limits
||30 days – 60 years old, age next birthday, male/female
||Minimum - RM10,000 SC
Maximum - 5 x Basic Sum Covered, subject to underwriting approval
||Upon attaining age 75, age next birthday
||Minimum - 5 years
Why IKHLAS Term Takaful
You can choose the amount of coverage up
to five (5) times the Basic Plan Coverage.