HLTMT i-Invest

Planning for tomorrow begins today

How can you and your family benefit from our HLTMT i -Invest plan?

• Assistance in times of misfortune
  In the event of Death, 125% of single contribution and the value of units in your Participant's Investment Account (PIA) will be paid to your beneficiary. For Total Permanent Disability (TPD), the same will be paid to you.
• Upon maturity
  You will receive the full value of your PIA units (based on the current unit price at the time of maturity).
• Easy withdrawal for greater financial flexibility
  The minimum amount you can withdraw is RM500 (subject to a minimum balance of RM3,000 to be maintained).
• Top-up anytime you want
  The minimum top-up is RM500.

Your Choice of Fund

• HLTMT i - Income Fund
  This fund aims to preserve capital and generate stable income by investing predominantly in Islamic debt securities and to a certain degree in equities.
• HLTMT i - Balanced Fund
  This fund targets medium to long-term capital growth as well as generates regular income through a diversified investment portfolio containing a mixed balance of Islamic debt securities and equities.

Both funds are invested in accordance with Shariah principles.

Tabarru'

Tabarru', which means donation, gift or contribution is the underlying principle of the Takaful concept, making it free from uncertainty (gharar) and gambling (maisir).

A Tabarru' charge/fee will be deducted monthly from your PIA and transferred into a pooled fund, known as Risk Fund. This fund will be used to pay out Death or TPD benefits.

The Tabarru charges are varied by sum covered, attained age, gender, occupation, smoking status and medical rating (if any).

How will your contribution be invested?

95% of your contribution will be allocated in PIA to create units in your choice of either HLTMT i -Income Fund or HLTMT i -Balanced Fund.

The profits from these funds are based on the actual performance of the funds. As with all types of investments, our HLTMT i -Invest plan also involves exposure to investment risks. This is because the value of HLTMT i -Invest plan is linked to the unit price of an investment fund, which fluctuates in tandem with the unit price. When the unit price increases, the value of your investment will also increase and vice versa.

How will your contribution in the PIA and Risk Fund be invested?

Both funds will be invested in compliance with Shariah principles. The investment profits shall be kept in the respective funds.

How are surpluses, if any, from the Risk Fund treated?

Any surpluses exceeding reserves may be donated by HLTM Takaful to selected charities as advised by our Shariah Advisory Committee.

What happens if the Risk Fund is insufficient to pay for the benefits?