Kuala Lumpur, 24 April 2011 – Takaful Ikhlas Sdn Bhd (Takaful IKHLAS), the company which provides takaful services signed a memorandum of understanding with Koperasi Pekerja-pekerja Bandaraya Ipoh Berhad. The signing ceremony was held at the Takaful IKHLAS Minggu Saham Malaysia 2011 exhibition area.
The protection schemes agreed by the Cooperation and Takaful IKHLAS are Group Credit Takaful Plan and Group Takaful Comprehensive Scheme - Flexi EB which protect the borrowers from death calamity, permanent disability, partial permanent disability, hospitalization allowance, funeral benefits, critical illnesses and savings.
“This effort was done to meet the needs of Ipoh City Council employees by providing them with suitable plans based on the capability of the cooperative members. Takaful IKHLAS is so proud to be able to work with Koperasi Pekerja-Pekerja Bandaraya Ipoh Berhad. We will always strive to provide the best and quality services,” shares the President and Chief Executive Officer of Takaful IKHLAS, Dato’ Haji Syed Moheeb bin Syed Kamarulzaman.
“The schemes are only offered to cooperative members up to the age of 60 years old and the protection coverage is 24 hours around the world while the benefits can be enjoyed by their spouse and children under their care only,” explains Syed Moheed.
“The management is confident that both plans will be able to meet the requirements of the cooperative members. The schemes are able to provide invaluable ease of mind to those participating to obtain protection. The management of Takaful IKHLAS believes that the schemes are able and will increase the company’s contribution gains. We target that the annual contribution returns is 700,000 for Group Credit Takaful plan and 800,000 for Group Takaful Comprehensive - Flexi EB Scheme,” adds Syed Moheeb.
The benefits offered in the plans for the Koperasi Bandaraya Ipoh Berhad members are compensations of death caused by natural death or illness, death caused by accident, full permanent disability caused by illness and full permanent disability caused by accident and partial disability caused by accident based on Indemnity Table.
In addition, members participating in the plans will obtain compensation of 40 critical illnesses, funeral expenses for spouse and children (up to three deaths) which will be paid immediately upon receiving the death confirmation letter. Besides, cooperative members will also receive savings benefit upon reaching retirement age and hospitalization daily income benefit for at least six (6) hours.
“Financial planning and protection is very important for every individual regardless of age, race or occupation. Having a good financial planning and protection will provide a stable life and economy to an individual and his family, and hence provides better preparations for the future,” says Syed Moheeb.
Takaful IKHLAS always emphasizes on customers’ satisfaction factor and has won various accolades for the products and services it offers since the Company’s inception in 2003. To date, Takaful IKHLAS has more than 1.7 million registered certificate (policy) holders. The takaful company which strives to be the chosen Shariah-based financial protection services also registers more than 7,000 agents who are always ready to provide their services and explanation regarding the needs of takaful in the society throughout Malaysia.
Takaful IKHLAS started its operation in July 2003. A subsidiary company of MNRB Holdings Berhad, an investment holding company listed in the main board of Bursa Malaysia of which the major share holder is Permodalan Nasional Berhad through Skim Amanah Saham Bumiputera.
Takaful IKHLAS has a service center at its Corporate Head office in Bangsar South, Kuala Lumpur and also regional offices in Klang, Kota Bharu, Johor Bahru, Sungai Petani, Sarawak, Melaka, Sabah, Pahang, Ipoh, Kuala Terengganu and Putrajaya.