What is Insurance?
Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss.
It is a promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments..
Mesra
Are you planning for the future? At Etiqa Takaful, we make it our point to understand what it is you want so that we can help you meet them by providing you with the right solutions.
By helping you save as well as providing you with the coverage you need, you now have one less thing to worry about it, so you can enjoy life even more.
MESRA is a plan offering coverage and savings elements. From the fourth year of coverage, the contribution operation ratio is more towards savings which is as high as 75%.
BENEFIT
The MESRA benefit is paid out if death or total permanent disability occurs and for the total permanent disability, the benefit will be paid out in instalments for 5 years with a sum of 10% per year and the final instalment at the rate of 60%.
CONTRIBUTION
The annual contribution sum that will be paid will determine the coverage amount that will be attained by multiplying with the multiplier schedule based on the age and duration of the coverage. The contribution ratio for savings gets bigger when the contract duration gets longer.
Prima
At Etiqa Takaful, we want to help you meet your goals. By keeping your best interests at heart, we are able to provide you with the right plan to suit your needs; thus guiding you in the right direction towards achieving your goals.
Etiqa Takaful Prima is a special plan with scheduled returns and absolute freedom in the current financial planning… education, umrah and ziarah, travelling, investment etc.
BENEFITS
The total coverage lump sum will be paid out within the effective contract period should death happen.
If total permanent disability happens, the coverage sum will be paid in 3 payments: 20% of the coverage amount and the Accumulated Participant Account and profit from the Participant Account when the disability is confirmed; 40% at the end of the first and second year from the date of disability.
Survival Benefits – Every 3 years beginning from the end of the third year of contract: 10% of the coverage amount based on an investment return of 4% per year.
Scheduled survival benefit balance including Participant Account as well as the Participant Account’s profit and Excess Participant Special Account.
Sarjana
As we at Etiqa Takaful, try to help you maximize your life, we also hope to help you maximize the lives and future of your children. Not only do we ensure that your child will receive the education he deserves, we also ensure that your child is covered should anything unexpected happen to him.
The Etiqa Takaful Sarjana Plan combines savings and coverage and is an effort to provide a special fund for your child’s future education.
Your child’s future is in your hands. How bright it shines could depend on the sort of education he receives. With proper strategic financial planning and coverage, Etiqa Takaful Sarjana’s comprehensive plan is a must for the future of your child.
Coverage Benefits
• Should death or total permanent disability happen to the payer all the basic contributions including the Rider on the child except additional savings will be settled until the maturity date or when the child dies or experiences permanent total disability, whichever comes first.
• Should the child die, this contract will pay the Coverage Benefit together with the Participant Account and the accumulated profit.
• Should the child experience disability, this contract will pay a disability benefit as stated in the schedule.
ADDITIONAL BENEFIT
Educational Fund Disbursement – Withdrawal of money from the Participant Account (AP) is allowed 3 years before the maturity date.
MATURITY BENEFIT
Once this contract matures, the participant will receive the whole accumulated amount in the AP including the profit from the AP and the excess from the Participant Special Account.
Sakinah
Warisan
Ehsan
