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Business Term Takaful

Features & Benefits

Financing Settlement

In the event of death/TPD of the person covered within the coverage term, the sum covered will be payable in one lump sum to settle any outstanding financing balance.

Individual Family Takaful

A single contribution individual family Takaful plan that protects your loved ones against financial burden should the unexpected event happen to you during the coverage term.

Shariah Compliant

This plan applies the Shariah concepts of Wakalah and Tabarru'.

High Non-Medical Limit Up to RM1 Million

Hassle-free application without medical examination required for limit up to RM1 million.
* Non-Medical Limit (NML) up to RM1million is subject to health conditions and underwriting assessment.

Optional Financing Facility

Finance your Takaful contribution to ease your cash flow. 

Plan Options Based on Business Financing Term

Business Reducing Term Takaful (BRTT)

  • This is a single contribution individual family Takaful plan which provides Takaful protection with sum covered decreasing over the certificate years. It pays the reducing sum covered upon death or TPD of the person covered.

Business Level Term Takaful (BLTT)

  • This is a single contribution individual family Takaful plan which provides Takaful protection with level sum covered throughout the certificate years. It pays the level sum covered upon death or TPD of the person covered.

          DISCLAIMER:
          The above descriptions are only a brief summary. Please refer to the Takaful certificate contract for full Terms and Conditions.

          Eligibility

          • Entry Age Limit (age at last birthday)
            • BRTT
              • Minimum entry age: 18 years old next birthday
              • Maximum entry age: 65 years old next birthday
              • Maximum expiry age: 75 years old next birthday
            • BLTT
              • Minimum entry age: 18 years old next birthday
              • Maximum entry age: 65 years old next birthday
              • Maximum expiry age: 70 years old next birthday
          • Initial Sum Covered
            • Minimum sum covered: RM10,000
            • Maximum sum covered: No limit
              Subject to underwriting requirement
          • Coverage Term
            • Minimum coverage term: 1 year
            • Maximum coverage term: 30 years*
              *The maximum coverage term is subject to maximum expiry age

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          • Entry Age Limit (age at last birthday)
            • BRTT
              • Minimum entry age: 18 years old
              • Maximum entry age: 65 years old
              • Maximum expiry age: 75 years old
              • BLTT
              • Minimum entry age: 18 years old
              • Maximum entry age: 65 years old
              • Maximum expiry age: 70 years old
          • Initial Sum Covered
            • Minimum sum covered: RM10,000
            • Maximum sum covered: No limit
              Subject to underwriting requirement
          • Coverage Term
            • Minimum coverage term: 1 year
            • Maximum coverage term: 30 years*
              *The maximum coverage term is subject to maximum expiry age

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