Pengurus Simpanan Takaful

Buying a house, bringing up a family, education, saving for a holiday and retirement - all require substantial financial commitment. As well as saving for the future, you may need Takaful protection.

Wouldn't it be great - if you could combine your savings and Takaful protection in one flexible plan? With Pengurus Simpanan Takaful - you can.  

Pengurus Simpanan Takaful adopts the concept of Takaful in which each participant donates a portion of their regular Takaful contribution as a Tabarru'.

The Tabarru' fund will then be used to help fellow participants plan for such events as death, critical illness, disability or accident.

During every biennial Ramadhan, surplus arising from the Tabarru' fund will be shared amongst participants and the company on a 50:50 basis.

Basic Takaful Benefit and a choice of other Takaful Benefit
A basic Takaful Benefit is payable in the event of death. You can also choose to enhance your coverage with a wide choice of other optional benefits, including disability, critical illnesses and waiver of contribution benefits .

 

Flexibility:  

• A fixed-term investment-linked plan.  
• A choice of investment three Takaful funds to link to.  
• A wide range of optional Takaful benefits, such as death, critical illness, disability and accident benefits.  
• Switching facility to allow you to select either one Takaful fund or both.  
• Professional Fund Management.  
• Designed as a medium to long-term savings plan - you decide on the term of your savings ranging from 10 years to 40 years.  
• You decide on the level of contribution (at least $100 a month or $1,200 a year) with the flexibility to increase or decrease your contribution later on.  
• Flexibility to top up your investments at anytime.  
• You can have access to cash, through partial withdrawal of your units or through full surrender.  
• Maturity Option: At the end of your savings term, you can choose to withdraw your funds or to stay invested.  
• Proceeds are tax-free.  

Purification Process:  

In line with the International Islamic practice of purification, we deduct a percentage of all dividends earned by the fund for charity.  

Profit sharing: At every biannual Ramadan month, all in force Pengurus Simpanan Takaful will be entitled to share 50% of profits generated from the Takaful charges.  

Lets you save at your own pace
You can save systematically at a level suitable for you. Your contributions can start from as little as $100 a month in cash. Or you can invest yearly starting from $ 1,200, for as short as 10 years.