Life Protection
Protect your loved ones’ future from life’s uncertainties.
{{title}}
{{label}}What is this product about?
AIA i-Starter Plan is a 1 year term family Takaful plan, which provides coverage upon death.
What are the Shariah concepts applicable?
Wakalah - the contract between Participant and AIA PUBLIC Takaful Bhd. (AIA PUBLIC, as Takaful Operator), where Participant authorises AIA PUBLIC to act on their behalf to conduct the affairs of Takaful business. AIA PUBLIC will take a portion of the Participants' Contribution as a Wakalah fee in return of these services.
Tabarru' - the balance of Contribution after deduction of Wakalah fee, which will be allocated into the Participants' Risk Fund (PRF) as a donation for the purpose of mutual help and assistance to fellow Participants in need.
Ju'alah - AIA PUBLIC will be entitled to earn up to 50% of the Surplus arising from the PRF as performance fee for managing the fund efficiently which result in the surplus. The remaining portion of the Surplus will be distributed to eligible Participants.
Al-Qard Al-Hasan - is an interest-free loan provided by AIA PUBLIC to the PRF in the event it becomes deficit to enable it to pay Takaful benefit(s) to eligible Participants. This amount will be recovered from the future Surplus prior to distribution.
What are the coverage/benefits provided?
This plan covers:
Description | Benefit |
---|---|
Death | RM{{SumInsured}} |
Duration of coverage: 1 year
How much Contribution do I have to pay?
The Contribution that You have to pay: {{Premium}} ({{PaymentMode}}).
You should be satisfied that the Contribution payable under the Certificate is the amount that You can afford.
What are the fees and charges that I have to pay?
The table below shows the Contribution allocation:
Certificate Year | Percentage (%) of Contribution | |
---|---|---|
Wakalah Fee | Contribution Allocation into PRF (Tabarru’) | |
1 | 40% | 60% |
Note:
This list is non-exhaustive. Please refer to the Takaful Certificate for more information on fees and charges under this product.
What are some of the key terms and conditions that I should be aware of?
Note:
What are the major exclusions under this Certificate?
Any death arising from the occurrence of the following is not covered:
Note: This list is non-exhaustive. Please refer to the Takaful Certificate for the full list of exclusions.
Can I cancel my Takaful Certificate?
You may cancel/surrender your Certificate by giving a written notice to AIA PUBLIC. Upon cancellation/surrender of the Certificate after Free Look Period, the unutilised Contribution from PRF and the unearned Wakalah Fee from the Takaful Operator’s fund (if any) will be payable to you, provided that you have not made a claim on the Certificate.
What do I need to do if there are changes to my contact details?
It is important that You inform AIA PUBLIC of any change in Your contact details such as Your address so that AIA PUBLIC can keep you informed of any important information. You should also notify AIA PUBLIC of any change in the address(es) of Your nominee(s) in order to facilitate payment of claim.
Where can I get further information?
Should You require additional information about Family Takaful, please refer to the insuranceinfo booklet on ‘Family Takaful’, available at all AIA Customer Centres or You can obtain a copy from the insuranceinfo website www.insuranceinfo.com.my.
If You have any enquiries, please contact:
AIA PUBLIC Takaful Bhd. (935955-M)
Menara AIA, 99 Jalan Ampang
50450 Kuala Lumpur
Customer Contact: 1 300 88 8922
Tel: 03 – 2056 1111
Fax: 03 - 2056 3690
Email: my.customer@aiapublic.com.my
Website: AIA.COM.MY
AIA PUBLIC is registered under Islamic Financial Services Act 2013 and regulated by Bank Negara Malaysia.
Other similar type of plans available
Please contact AIA PUBLIC Takaful Bhd. or visit our website at www.aia.com.my for other similar types of plans that We offer.
IMPORTANT NOTE:
PARTICIPATING IN A FAMILY TAKAFUL PLAN IS A LONG-TERM FINANCIAL COMMITMENT. YOU MUST CHOOSE THE TYPE OF CERTIFICATE THAT BEST SUITS YOUR PERSONAL CIRCUMSTAMCES. YOU SHOULD READ AND UNDERSTAND THE TAKAFUL CERTIFICATE AND CONTACT AIA PUBLIC TAKAFUL BHD. DIRECTLY FOR MORE INFORMATION.
THIS PRODUCT DISCLOSURE SHEET CONTAINS A SUMMARY OF THE PRODUCT AND IS NOT A TAKAFUL CERTIFICATE. THE TAKAFUL CERTIFICATE SHALL ALWAYS PREVAIL OVER THIS DOCUMENT.
The information provided in this disclosure sheet is valid as at {{currentDate}}.