TAKAFUL TERM 80
Affordable Term Takaful to Protect the future of you and your loved ones.
The joys of coming home after a hard day's work to your welcoming family is every breadwinner's blessing. To protect this bliss, it's time to think about the future of your loved ones.
Zurich Family Takaful Term 80 is a flexible and regular contribution plan based on Shariah ideals, that has been specially designed to provide financial protection to your family, gaining the peace of mind you deserve.
Takaful Term 80 Product Features and Benefits
Why should I choose the Takaful Term 80 plan?
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24-hours protection with worldwide coverage.
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Affordable & level contribution1 until maturity.
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Provides guaranteed coverage until the age of 80.
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Flexible Payment Channel - Cash, Cheque, Credit Card, Easy Contribution Payment, Auto Debit, Zurich Takaful ATM Machine, Over-the-Counter (Zurich Takaful Branches or Head Office), BSN Giro, 2Public Sector Bank Standing Instruction, Internet Banking and ePayment facility.
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Provide financial security to your family.
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The contribution made may qualify for a personal tax relief maximum up to RM6,000 a year (subject to the final decision of Inland Revenue Board (IRB) of Malaysia).
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Surplus Sharing — every Participant is entitled to share the surplus if any, from the Risk Fund with the Takaful Operator based on a 50:50 sharing ratio. This is not guaranteed and subject to terms and conditions.
Notes :
1 Contribution is anticipated to be level until maturity and it is not guaranteed. The Company reserves the right to revise the contribution by giving 3 months notice.
2 Additional 2% will be added to the Wakalah Fee for payment under Public Sector.
Who is eligible for Takaful Term 80 plan?
This plan covers anyone from the age of 30 days old up to 70 years old. However, the Participant/Applicant must be at least 16 years old and above.
Enhance Your Plan with Takaful Term 80's Riders
Zurich takaful Term 80 plan provides several optional features that can make your future secure. Check them below:
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Critical Illness Plus coverage upon diagnosis of a critical illness.
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Critical Illness Super additional coverage for death, TPD, and critical illness.
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Waiver of contribution in the event of a critical illness.
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Waiver of contribution in the event of Death, TPD or upon diagnosis of a Critical Illness of the parent and spouse.
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Daily cash benefit for hospitalisation due to illnesses or injuries.
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Coverage for accidental death and dismemberment.
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Reimbursement for medical expenses for medical treatment required in the event of an accident.
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Weekly income coverage while the beneficiary is unable to work due to a temporary disability caused by accident.
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Additional coverage for TPD which occurs 90 days from date of accident.
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Khusus Protection. (Provides Funeral Expense)
Where can I get more information about Takaful Term 80?
Takaful Term 80 Frequently Asked Questions
How do I make my Term 80 contribution?
Zurich takaful offers the convenience of Flexible Payment Channel. Make your Takaful Term 80 contribution by - Cash, Cheque, Credit Card, Easy Contribution Payment, Auto Debit, Zurich Takaful ATM Machine, Over-the-Counter (Zurich Takaful Branches or Head Office), BSN Giro, Public Sector1 , Bank Standing Instruction, Internet Banking and ePayment facility. *Please refer to your Wealth Planner for further details.
What will happen if I do not make my Term 80 contribution?
If your contributions are not made by the due date, your Tabarru amounts will be automatically deducted from your Participant Investment Account (PIA) into the Participant Risk Investment Account (PRIA), until the PIA is insufficient, at which time your Takaful Term 80 Certificate shall lapse. You may reinstate the Certificate by paying RM50 for Reinstatement Fee.
What is the minimum and maximum term of coverage for this takaful life plan?
The minimum term of coverage is 5 years. Meanwhile, the maximum term limit of coverage will be until covered participant's age reaches 80 years old. For example, a covered participant entering with age 67 have a maximum term limit of 13 years.