Noor Hajj And Jerusalem Family Takaful Plan

What is this product about?

Important Notice

Participating In A Family Takaful Plan Is A Long Term Financial Commitment. You Must Choose The Type Of Plan That Best Suits Your Personal Needs. You Should Read And Understand The Takaful Certificate And Discuss With The Agent Or Contact Noor Takaful Directly For More Information.

This Plan offers a combination of takaful protection, savings, and investment for persons who intend to proceed on pilgrimage in the nearest future. The benefit is payable upon total and permanent disability before age 70 or death during the term of the certificate or at the maturity date of the certificate. Alternatively, this plan makes provision for the substitution of another person in place of the deceased participant to embark on the pilgrimage on behalf of the latter.

What are the covers/benefits provided?

Upon Death

Death Benefit is equal to Sum Covered plus balance in Participant Account (PIA), profit

Substitution of another person to embark on the pilgrimage on behalf of the late participant.

Upon Total Permanent Disability

Total Permanent Disablement Benefit is equal to Sum Covered, balance in PIA and , profit from PIA. However, there are fixed amount in respect of some TPD (e.g loss of one eye, limb etc).

Substitution of another person to embark on the pilgrimage on behalf of the late participant.

Upon Maturity

Amount accumulated in the PIA, inclusive of investment income from the PIA and distributable mortality surplus from the Participant Risk Fund (PRF), if any, is payable upon maturity.

The Certificate is extended to provide TPD Cover while the participant is on HAJJ or Jerusalem.

Takaful Certificate Surrender

Benefit Amount accumulated in the PIA, inclusive of investment income from the PIA, after deducting the administration fee is payable upon the surrender of the Takaful Certificate.