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AmMetLife Takaful Launches Protectsecure-i Murni Family Plan For Muslims
Last update: 02/11/2017

KUALA LUMPUR, Nov 2 (Bernama) --†AmMetLife Takaful Bhd has launched ProtectSecure i Murni, a Shariah-compliant regular contribution family takaful plan†designed to cater specifically for Muslim needs and exclusively distributed†by†AmBank Islamic Bhd.

The plan provides protection against death or total and permanent disability (TPD), additional coverage while†performing the haj†and umrah, with waqf, haj badal†and funeral benefits.†††† ††††††††† †In a statement today, AmMetLife †Takaful said ProtectSecure-i Murni†offered four plans†for individuals from the age of 30 days to 60 years old and matures when the participant reaches 80 years old.

"ProtectSecure-i Murni†is a holistic takaful plan which has all the qualities of an ideal takaful plan to protect and serve our customers every step of the way from life's daily needs to their spiritual obligations.

"It is a testament to our commitment to be your preferred takaful companion as you take on the most important journey of your life, which is your spiritual journey," said Chief Executive Officer,†Azam Yusof.

The plan pays†100 per cent†of the basic sum covered plus the balance in Participant's Investment Fund (PIF) should death or TPD occur to the covered person.

"To help you reach your full devotion in fulfilling one of the five Islamic pillars, an additional 100 per cent of the basic sum covered will be payable should death or TPD occur while performing the haj†or umrah.

"There is also an additional of RM3,000 haj badal benefit, where the nominee may appoint a wakeel†(representative) to perform haj†on the participant's behalf, ensuring the deed can be done even when the participant has passed on," it said.

ProtectSecure-i Murni†will also assist in the haj†or umrah preparations by way of a RM1,500 special allowance payable from the PIF at the end of the third year and the insured will†be able to make withdrawals from the fund at the end of the fifth†certificate year to support their†financial needs in life. † AmMetLife Takaful†said another element embedded in this plan was that it provided waqf payout, whereby†RM1,000 will be channelled on the insured person's†behalf to an approved waqf organisation upon death or TPD, a†special feature in preparing for the afterlife as ongoing charity.†

The†plan also provides†an†additional lump sum of†RM5,000 upon death to cover costs related to the funeral arrangements and other expenses.

-- BERNAMA

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MON, DEC 11, 2017
US 4.0850/0880
S'pore 3.0188/0230
100 Yen 3.5941/5976
Sterling 5.4694/4746
Euro 4.8089/8128
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Bankerís Cheque, Bank Draft and Cashierís Order. Do you think this additional charge is justified?
 

 
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