HLTMT i-Grad

What would be the acceptance procedure to participate?

You are required to fill in an Application Form. However, HLTM Takaful may require additional information from you if deemed necessary. This may include medical examination, the cost of which will be borne by us.

Charges/ Fees

Wakalah fee varies from 3.5% to 90% of the contribution depending on the terms of the Certificate.

Other charges

Withdrawal charge is RM15 per withdrawal

Mudharabah on Investment Return

10% of the investment return generated from the PA will be distributed to the Takaful Operator.

Exclusions to the coverage

No benefit shall be paid if:

• Death due to or arising from suicide or attempted suicide and/or other causes prohibited by civil and criminal laws. Under such circumstances, only the value of your PA at the time of Death will be payable.
• TPD due to AIDS or under the influence of intoxicants.

For full details of the exclusion list, please refer to your certificate contract.

Notes:

• The above charges and fees are of current rate. HLTM Takaful may change the rates by giving three (3) months written notice to the participants prior to certificate anniversary.
• For cases of unpaid contribution, your certificate will remain in force, as long as your PA value is enough to cover the Tabarru' deduction. If any contribution remains unpaid after the PA amount becomes insufficient to advance any Tabarru', the Certificate shall lapse.
• You should satisfy yourself that the scheme best serves your needs and the contribution is an amount you can afford.
• This leaflet is merely for brief information and is not intended to be the basis of a Takaful contract. The information contained in this leaflet may change without prior notice. The precise benefits, terms and conditions and other details of coverage are set out in the Takaful Certificate.