Takaful SureCover
Guaranteed acceptance Family Takaful plan with no medical check-ups.
You’ve reached the point in your life where you would need to consider your future and your family’s well-being. How would your loved ones carry on with life should the unexpected happens to you?
Now, more than ever, it’s becoming necessary to plan ahead. We know that financial planning isn’t easy, especially when you consider the many factors involved in the process. What if there is a takaful family plan that has made everything easier for you? A simple and affordable takaful plan with no medical check-ups required?
Introducing Takaful SureCover, a shariah-compliant regular contribution Family Takaful plan that offers you protection till age 90, this plan is guaranteed acceptance - we’ll never turn down your application regardless of your health conditions. This plan safeguards you against the unexpected and help ease the financial burden faced by your loved ones.
Takaful SureCover Product Features and Benefits
Guaranteed Acceptance from age 35 up until age 80
As its name suggests, Takaful SureCover has a unique Guaranteed Acceptance features which provides coverage for Person Covered from age 35 till 80 years old. It is an ideal solution for individuals who are looking for protection for themselves and their parents
Easy and hassle-free application with no medical check-up required
With no medical check-ups and no health questions asked, this plan is hassle-free! We’ll never turn down your application regardless of your health conditions.
Coverage up to age 90
You can now enjoy the rewards of a well-lived life. This plan will provide you with coverage up to age 90 for your peace of mind. So just sit back and relax, and let us protect you while you take care of your loved ones.
Level Contribution Throughout Certificate Term
From RM75 per unit, you can enjoy the great benefits specially designed with you in mind. Best of all, the contribution is level throughout the term of the Certificate.
Rewarding Maturity Benefit
This plan rewards you with Maturity Benefit at the end of certificate year after your 90th birthday. You will receive Participant Investment Account (PIA) value as Maturity Benefit.
Repatriation Benefit
If any unfortunate event happens to the Person Covered whilst traveling outside of Malaysia, this plan provides a reimbursement up to RM3,000 to send the Person Covered’s mortal remain back to their home country.
Death Benefit with high Accidental Death Benefit
Be ready when life throws you a curveball. In the event that the Person Covered met with an untimely demise, benefits payable are as follows:
| NON-ACCIDENTAL DEATH | ||
| CERTIFICATE YEAR | BENEFIT PAYABLE | |
| Within 2 years from certificate inception | Refund of Total Contribution Made | |
| After 2 years from certificate inception |
Basic Sum Covered or Total Contribution Made, whichever is higher; and Participant Investment Account (PIA) |
|
| ACCIDENTAL DEATH | |
| PERSON COVERED'S ATTAINED AGE AT THE DATE OF DEATH | BENEFIT PAYABLE |
| 35-65 | 500% of Basic Sum Covered or Total Contribution Made, whichever is higher; and Participant Investment Account (PIA) |
| 66-80 | 300% of Basic Sum Covered or Total Contribution Made, whichever is higher; and Participant Investment Account (PIA) |
| 81-90 | 200% of Basic Sum Covered or Total Contribution Made, whichever is higher; and Participant Investment Account (PIA) |
The Basic Sum Covered for your certificate will be obtained as per your entry age, gender, and the number of units of takaful coverage chosen. For example, if a female who is 35 years of age subscribes 10 units of Takaful coverage, her Basic Sum Covered would be 10 times the amount stipulated in the Sum Covered Schedule. So, it will be RM33,243 X 10 units = RM332,430.
Anyone between 35 years old and 80 years old can participate.
What is Takaful SureCover?
Takaful SureCover is a family takaful plan that complies with Shariah laws and offers health coverage to you and your loved ones with guaranteed acceptance, so that they won’t have to face any financial challenge in the event of any unfavorable situation. This family takaful plan is an ideal solution for individuals who are looking for protection for themselves and their parents. From RM75 per unit, you can enjoy the benefits of this family health protection plan, till the age of 90, without the hassles of medical check-ups.
Will my contribution increase with my age?
The contribution that you will make for the Takaful SureCover family plan will be leveled until maturity. However, this is not a definite and guaranteed condition. If the contribution is revised by Zurich Takaful Malaysia, then you will be notified 3 months before your next certificate anniversary.
The benefits payable are protected by PIDM up to limits. Please refer to PIDM TIPS brochure or contact Zurich Takaful Malaysia Berhad or PIDM.
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.
