CancerCare

CancerCare

Protect yourself against the rising cost of cancer treatment.

Cancer is a frightening word that many consider a death sentence. 45,000 Malaysians are told that they have cancer annualy. With healthcare costs constantly increasing, our CancerCare certificate is designed specially to prevent serious financial strain on you and your loved ones while battling against cancer so you can focus on recovery.

  • Comprehensive cancer plan that covers all forms of cancer excluding conditions listed under Exclusions.
  • Uniquely designed, to pay benefits at both early and advanced stages of cancer.
  • Covers up to RM500,000 against cancer.
  • If diagnosed cancer is under Gender Specific Cancer (GSC), additional 25% of Cancer Sum Covered up to RM50,000 is payable.
  • The contributions made are entitled to income tax relief in addition to your other family takaful or life insurance plans, subject to the final decision of the Inland Revenue Board of Malaysia (IRB).
  • 50% Surplus Sharing to the participant if no claims are made.
*Note: All contribution and fees shown in this document may be subject to tax or other government levies.

Benefits at a glance

1. Cancer Benefit

1. Upon diagnosis of Carcinoma In Situ (CIS):

  • Payable only to CIS for Gender Specific Cancer.
  • 25% of Cancer Sum Covered is payable. However any claims made under this benefit shall reduce the Cancer Sum Covered accordingly.
  • 25% of Cancer Sum Covered or RM50,000, whichever is lower, will be payable according to the chosen plan.

2. Upon diagnosis of Invasive Cancer:

  • The remaining of 75% of Cancer Sum Covered after payment of CIS benefit is payable.
  • If diagnosed cancer is under Gender Specific Cancer (GSC), additional 25% of Cancer Sum Covered is payable.

3. Maximum Cancer Coverage: 125% of Cancer Sum Covered (100% of Cancer Sum Covered if there is no claim on CIS benefit and additional 25% of Cancer Sum Covered if diagnosed with GSC).

4. Cancer Sum Covered amount depends on plan type.

5. The certificate shall terminate upon full payment of Cancer Benefit.

2. Funeral Expenses

RM10,000 will be payable upon death due to any causes.

This plan covers anyone from the age of 30 days old up to 65 years old. However, the Participant/Applicant must be at least 18 years old and above.

Zurich Takaful operates under the principle of Wakalah, whereby the Takaful Operator acts as an agent to the Participant for managing the operations of the Takaful business. A Wakalah Fee will be charged up-front from the contributions made. Tabarru’ (donation) will be deducted to the Participant Risk Investment Account (PRIA), where it will be used for mutual aid and assistance, based on the concept of Takaful. The benefits are paid from the PRIA only upon a covered loss, and not upon maturity or surrender of the certificate. Surplus Sharing (if any) at the end of each financial year will be shared between the Participant, and Zurich Takaful at a 50:50 ratio. The investment profit earned on the Participant Investment Account (PIA) is derived from the return on underlying assets and Zurich Takaful charges a Wakalah Bi al-Istithmar Fee (Investment Agency Fee) for managing these assets. The investment risk in PIA is fully borne by the Participant. 100% of investment profit earned, net of tax, less the aforementioned Wakalah Bi al-Istithmar Fee, will remain in the PIA for the benefit of the Participant. There will be no further sharing of the investment profit arising in the PIA with Shareholders.