Takaful ProInvest - Investment Linked Family Takaful
Takaful ProInvest – an Investment-linked Family Takaful plan is designed to optimize your investment returns, as well as overcome life’s financial uncertainties. Whether you want to build your wealth or improve your health, things fall into place with proper planning. Takaful ProInvest from Zurich Malaysia aims to safeguard your financial future as well as protect your health.
Your investments will work harder under our Shariah-approved investment funds, which are managed professionally with the aim of delivering attractive returns in local and foreign funds. Additionally, it also offers flexible comprehensive protection plans, so you can fulfill your life goals or build a secured future for you family.
Takaful ProInvest Product Features and Benefits
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Why should I choose Takaful ProInvest Plan?
Takaful ProInvest is a solution to life's unpredictability and helps you and your family have a secure financial future.
This Takaful certificate includes:
- Diverse Fund Selection: You can invest in Shariah-approved local and foreign funds as per your needs and risk tolerance. You will also be provided with thorough professional assistance.
- Disability Coverage: Get Total and Permanent Disability coverage and additional Golden Age Disability Support to enjoy a comfortable retirement devoid of financial worries.
- Family Care Privilege: If you succumb to a life-threating situation, this family takaful will provide protection for up to 4 of your legal spouses and/or children with the coverage amount of up to 25% Basic Sum Covered.
- High Protection and Accident Indemnity Benefits: It also offers financial protection for your family in the event of any unfortunate circumstances that you might face while you are traveling abroad.
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What benefits do I get with Takaful ProInvest?
High Protection with up to 300% of Basic Sum Covered (BSC)1*
Some things are beyond our control, but with Takaful ProInvest, rest assured that your family will be protected financially in the event of unfortunate circumstances:
100% of BSC + Participant Investment Account (PIA) value will be payable Death 200% of BSC + Participant Investment Account (PIA) value will be payable Balik Kampung Accidental Death2
300% of BSC + Participant Investment Account (PIA) value will be payable
Overseas Accidental Death3 Note:
1 Only the highest death benefit is payable.
2 In the event of death of the Person Covered within 365 days from the date of accident occurring during Malaysia’s National Public Holiday and at any of the Toll Expressway in Operation. The coverage of this benefit is up to age 75.
3 In the event of death of the Person Covered within 365 days from the date of accident while travelling overseas for not more than 90 consecutive days per trip. The coverage of this benefit is up to age 75.Disability Coverage Up to Maturity of Certificate*
Takaful ProInvest provides Total and Permanent Disability (TPD) support up to age 75 and Golden Age Disability (GAD) will provides you an additional disability coverage up to age 100. In the event of TPD or GAD and if such disability persists for at least 6 months, 100% of BSC and PIA value will be payable.*The accidental death and TPD benefit are subject to a maximum limit of RM10,000,000 per life whereas GAD benefit is subject to a maximum limit of RM2,000,000 per life.
Family Care Privilege
Takaful ProInvest provides protection for up to 4 of your legal spouses and/or children with the coverage amount of up to 25% of BSC without medical underwriting, subject to a maximum of RM300,000 per life.Flexibility to Suit Your Needs
You have the choice of your preferred coverage term ranging from 20 or 30 years, or up to age 70, 80, or 100. Furthermore, your coverage term will be auto-extended up to age 100 without medical underwriting. You may be required to make an additional contribution for the extension.
Enhance Your Coverage
You can give your family that comfort by enhancing your coverage with any of the following optional riders.
Optional Rider Description Family Benefit When the unexpected happens, RM2,000 will be compensated for each family member who passes away (comprising 1 legal spouse and up to 4 children) Payor Benefit All future contributions will be waived in the event that the Participant passes away, suffers Total and Permanent Disability (TPD) or is diagnosed with any of the selected Critical Illnesses. Payor Benefit on Regular Saver Contribution All future T-Saver contributions will be waived in the event that the Participant passes away, suffers TPD or is diagnosed with any of the selected Critical Illnesses. Waiver of Contribution on Critical Illness All future contributions will be waived in the event that the Person Covered is diagnosed with any one of the selected Critical Illnesses. Waiver of Regular Saver Contribution on Critical Illness All future T-Saver contributions will be waived in the event that the Person Covered is diagnosed with any one of the selected Critical Illnesses. For full details of the optional riders, please refer to the Product Disclosure Sheet and Takaful Certificate.
Note:
1. All benefits are subject to terms and conditions.
2. All benefits payable shall be deducted, less any amount due to us (if any).Protection that Goes Beyond
Takaful ProInvest offers Accident Indemnity (AI) Benefits for coverage up to the age of 75 as listed below:
Item Benefit Description (i) Accidental Death and Dismemberment Indemnity - Enhances your protection from accidents resulting in passing or loss of bodily functions.
- Covers up to RM100,000 per life.
(ii) Weekly Indemnity - Payout in the event that you are unable to work due to accident resulting in temporary total or partial disability.
- Pay up to RM1,000 for a maximum of 8 weeks per accident and only claimable up to 2 times per certificate year.
- Temporary total disability: 1% of AI Benefit
- Partial disability: 0.5% of AI Benefit
(iii) Permanent Disability Indemnity - Payout in the event that you are unable to work due to permanent, total and continuous disability within 90 days from the date of accident.
- A payable sum of 10% of AI Benefit on a yearly basis for a maximum of 10 years.
(iv) Accidental Medical Reimbursement - You will be reimbursed for medical and surgical treatment expenses from a hospital or clinic up to RM10,000 per accident within 104 weeks after accident.
(v) Double Indemnity - Pays double the amount of item (i) and (iii) should the accident injuries occurred in Public Transport, in an elevator or in a fire of a Public Building.
Note:
1. For any one accident, only one benefit out of item (i), (iii) and (v) is payable and any claim made under one of these 3 benefits shall automatically exclude the other respective benefits.
2. A claim may also be payable under item (ii) and (iv), provided the total amount of claims payable for 1 accident does not exceed the Accident Indemnity Benefit.
3. All benefits are subject to terms and conditions.
4. All benefits payable shall be deducted, less any amount due to us (if any).
5. For full details, please refer to the Product Disclosure Sheet and Takaful Certificate. -
How does Takaful ProInvest work?
Your life ambition could be – either a comfortable retirement, or a secure future for your family. Takaful ProInvest allows you to focus on your chosen ambition by offering benefits and features that prepare you for the worst, so you can have peace of mind while pursuing your heart’s interests.
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Who is eligible for Takaful ProInvest?The minimum entry age for this plan is 16 years old and maximum entry age is subject to your chosen coverage term.
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Investment Diversification options with Takaful ProInvest
Takaful ProInvest offers a wide range of diversified local and foreign funds, so you may better optimise your savings and investments with professional assistance.
Fund Name Description Fund Manager / Underlying Fund’s Manager Zurich Takaful Shariah Edge Fund - The fund aims to achieve consistent capital appreciation over the long term by primarily investing in Shariah-compliant securities with good growth prospects – companies with higher earnings growth than the market average.
- Suitable for participants with a high level of risk tolerance.
Kenanga Investors Berhad Zurich Takaful Shariah Global Edge Fund - Long term capital growth via an Exchange Traded Fund (ETF) that tracks the performance of the MSCI World Islamic Index.
- Consists of Shariah-compliant companies from developed countries.
- Suitable for participants with a high level of risk tolerance.
BlackRock Asset Management Ireland Zurich Takaful Shariah Growth Fund - A medium to long-term investment of capital growth.
- Suitable for participants with a high level of risk tolerance.
Principal Asset Management Berhad Zurich Takaful Shariah Income Fund - Provides a stable level of income.
- Suitable for participants with a low-to-moderate level of risk tolerance.
Principal Islamic Asset Management Sdn Bhd Zurich Takaful Shariah Balanced Fund - Providing a stable income with potential capital appreciation over a medium to long-term investment horizon.
- Suitable for participants with a moderate-to-high level of risk tolerance
Principal Asset Management Berhad Zurich Takaful Shariah Flexi Fund - Generates potential capital appreciation with its flexible asset allocation over a medium to long-term investment horizon
- Suitable for participants with a moderate-to-high level of risk tolerance.
Principal Islamic Asset Management Sdn Bhd Zurich Takaful Shariah Growth 2 - Provides capital growth over a medium to long-term investment horizon.
- Suitable for participants with a high level of risk tolerance.
RHB Islamic International Asset Management Berhad Zurich Takaful Shariah Income 2 - Provides a stable level of income.
- Suitable for participants with low-to-moderate level of risk tolerance
RHB Islamic International Asset Management Berhad Zurich Takaful Shariah Balanced 2 - Provides a stable level of income and capital appreciation over the medium to long-term investment horizon.
- Suitable for participants with moderate to high level of risk tolerance.
RHB Islamic International Asset Management Berhad Zurich Takaful Shariah Flexi 2 - Generate potential capital appreciation with its flexible asset allocation over the medium to long-term investment horizon.
- Suitable for participants with moderate to high risk tolerance level.
RHB Islamic International Asset Management Berhad Note: For further details about fund objectives and asset allocation, please refer to newspaper publications or visit www.zurich.com.my/FT/funds
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Where can I get more information about Takaful ProInvest?
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Takaful ProInvest Frequently Asked Questions
What is Takaful ProInvest?
Takaful ProInvest is a regular contribution investment-linked plan that provides death, Total and Permanent Disability (TPD), Golden Age Disability (GAD), Accident Indemnity as well as maturity benefit. You may choose your preferred coverage term ranging from 20 or 30 years, or up to age 70, 80 or 100.
What is an Investment Linked Takaful?
An Investment-linked takaful is a family financial plan that provides investment returns and family protection coverage. One part of your Tabarru (contribution) will be used to offer accidental, disability, and death benefits and the other part will be invested in a wide range of Shariah-compliant investment funds according to your needs and risk tolerance.
What are the Travel benefits offered by Takaful ProInvest?
If you are travelling frequently domestically or overseas, Takaful ProInvest ensures that your family is financially protected in the event of any unfortunate circumstances, with up to 300% of your Basic Sum Covered and Accident Indemnity benefits up to age 75.
How does Family Care Privilege work?
Takaful ProInvest safeguards the interests of your family and loved ones even in your absence. In the event of death of the Person Covered, up to 4 legal spouses and/or children are eligible to participate in a new Zurich family takaful plan with up to 25% of Basic Sum Covered, subject to RM300,000 per life, without medical underwriting. Subject to terms and conditions.
Is the contribution made for Takaful ProInvest eligible for income tax relief?
Yes. The contribution made are entitled to income tax relief in addition to your other family takaful or life insurance plans, subject to the final decision of the Inland Revenue Board of Malaysia (IRB).
What are the top-up options available under Takaful ProInvest?
The following top-up options are available for you to increase the value of your Participant Investment Account (PIA):
- T-Saver – Regular top-up from as low as RM10 per month
- Irregular Top-up – Anytime with a minimum lump sum of RM500
How does auto-extension work?
Your coverage term will be auto-extended up to age 100 upon expiry of the initial coverage term (20 or 30 years, or up to age 70 or 80) without medical underwriting. We will notify you of the auto-extension, any additional contribution required for the extended period and action to be taken by giving at least 90 days' notice prior to the auto-extension. If you do not wish to proceed with the auto-extension, you may inform us in writing prior to maturity. Please refer to the example below with various initial coverage terms:
Should Adam (aged 30, male, non-smoker, invested in Zurich Takaful Shariah Growth Fund) sign up for Takaful ProInvest with a Basic Sum Covered of RM200,000:
Chosen Initial Coverage Term Initial Annual Contribution (RM) Annual Contribution After Auto-Extension Until Age 100 (RM) 20 years 2,400 8,300 30 years 2,700 11,550 Up to age 70 3,000 17,200 Up to age 80 4,500 18,200 Up to age 100 6,000 Not Applicable
The contribution indicated in the comparison table are not guaranteed and may be different depending on sustainability projections, which will be calculated based on estimates of future outcomes at point of calculation. The contribution required to be paid during the extended period may change from time to time and will be indicated in the annual statement at least once every 5 years.The attaching riders (if any) will also be extended automatically to the respective maximum term available without medical underwriting, unless otherwise terminated earlier on or prior to the maturity. For full details of the auto-extension, please refer to Product Disclosure Sheet.
Is fund switching allowed? Is there any fund switching fee?
Yes, fund switching is allowed. To suit your risk tolerance level, you may switch your fund anytime and the fund switching fee is waived.
What is not covered by Takaful ProInvest?
Some of the events not covered under Takaful ProInvest are listed below. Please note that this list is not exhaustive and reference should be made to the comprehensive list in the Product Disclosure Sheet and Takaful Certificate.
- Death Benefit- Death Benefit shall not be payable for Death from suicide within 1 year from this Principal Certificate Commencement Date or Reinstatement Date, whichever is later, whether the Person Covered is sane or insane. Our liability shall be limited to the Participant Investment Account (PIA) value on the date of death.
- Total and Permanent Disability Benefit and Golden Age Disability Benefit- This Certificate shall not cover any disability caused directly or indirectly, wholly or partly, by and of the following occurrences:
a. Any self-inflicted injuries while sane or insane; or
b. Travel or flight in or on any type of aircraft except on a regular scheduled passenger flight of a commercial aircraft. - Balik Kampung, Overseas Accidental Death Benefit and Accident Indemnity Benefit- This Certificate does not cover any accidental death or injuries arising directly or indirectly, wholly or partly, by any one of the following occurrences:
a. Violation or attempted violation of the law or resistance to arrest; or
b. Hernia, ptomaines or bacterial infection (except pyogenic infection which shall occur with and through an accidental cut or wound).
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Contact us.
Zurich Takaful operates under the principle of Wakalah, whereby the Takaful Operator acts as an agent to the Participant for managing the operations of the Takaful business. A Wakalah Fee will be charged up-front from the contributions made. Tabarru’ (donation) will be deducted to the Participant Risk Investment Account (PRIA), where it will be used for mutual aid and assistance, based on the concept of Takaful. The benefits are paid from the PRIA only upon a covered loss, and not upon maturity or surrender of the certificate. Surplus Sharing (if any) at the end of each financial year will be shared between the Participant, and Zurich Takaful at a 50:50 ratio. The investment profit earned on the Participant Investment Account (PIA) is derived from the return on underlying assets and Zurich Takaful charges a Wakalah Bi al-Istithmar Fee (Investment Agency Fee) for managing these assets. The investment risk in PIA is fully borne by the Participant. 100% of investment profit earned, net of tax, less the aforementioned Wakalah Bi al-Istithmar Fee, will remain in the PIA for the benefit of the Participant. There will be no further sharing of the investment profit arising in the PIA with Shareholders.
The benefits payable are protected by PIDM up to limits and the protection on benefits from the unit portion is subject to limitations. Please refer to PIDM TIPS brochure or contact Zurich Takaful Malaysia Berhad or PIDM.
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Kenapa saya perlu pilih pelan ini?
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Apakah manfaat yang saya perolehi?
Perlindungan Tinggi sehingga 300% daripada Jumlah Perlindungan Asas1*
Kadangkala apa yang berlaku adalah di luar kawalan kita, namun dengan Takaful ProInvest, yakinlah bahawa keluarga anda boleh dilindungi dari segi kewangan sekiranya berlaku sesuatu yang tidak diingini:
100% daripada Jumlah Perlindungan Asas + nilai Akaun Pelaburan Peserta (APP) akan dibayar Kematian 200% daripada Jumlah Perlindungan Asas + nilai Akaun Pelaburan Peserta (APP) akan dibayar Kematian Akibat Kemalangan Balik Kampung2
300% daripada Jumlah Perlindungan Asas + nilai Akaun Pelaburan Peserta (APP) akan dibayar
Kematian Akibat Kemalangan Di Luar Negara3 Nota:
1Hanya manfaat kematian yang tertinggi akan dibayar.
2Sekiranya berlaku kematian Orang Yang Dilindungi dalam tempoh 365 hari daripada tarikh kemalangan semasa Cuti Umum Kebangsaan Malaysia dan di mana-mana Lebuhraya Tol dalam operasi. Perlindungan manfaat ini adalah sehingga umur 75 tahun.
3Sekiranya berlaku kematian Orang Yang Dilindungi dalam tempoh 365 hari daripada tarikh kemalangan semasa melancong ke luar negara dan tidak melebihi 90 hari berturut-turut untuk setiap perjalanan. Perlindungan manfaat ini adalah sehingga umur 75 tahun.Perlindungan Hilang Upaya sehingga Kematangan Sijil
Takaful ProInvest menyediakan manfaat Hilang Upaya Keseluruhan dan Kekal (HUKK) sehingga umur 75 tahun serta manfaat Hilang Upaya Warga Emas (HUWE) yang memberi perlindungan hilang upaya tambahan sehingga umur 100 tahun. Sekiranya berlaku HUKK atau HUWE dan jika ia berterusan sekurang-kurangnya 6 bulan, 100% daripada Jumlah Perlindungan Asas dan nilai APP akan dibayar.Hak Istimewa Penjagaan Keluarga
Takaful ProInvest memberikan perlindungan sehingga 4 pasangan dan/atau anak anda yang sah dengan jumlah perlindungan sehingga 25% daripada Jumlah Perlindungan Asas tanpa taja jamin perubatan, tertakluk kepada RM300,000 Jumlah Perlindungan Asas bagi setiap hayat.Fleksibiliti yang Menepati Keperluan Anda
Anda mempunyai kebebasan untuk memilih tempoh perlindungan di antara 20 atau 30 tahun, atau sehingga umur 70, 80 atau 100 tahun. Tambahan pula, tempoh perlindungan anda akan disambung secara automatik sehingga umur 100 tahun tanpa taja jamin perubatan. Anda mungkin diperlukan untuk membuat caruman tambahan untuk penyambungan ini.
Meningkatkan Nilai Perlindungan
Anda boleh menambah nilai perlindungan dengan mana-mana pilihan manfaat tambahan seperti berikut bagi menjamin keselesaan hidup keluarga anda.
Pilihan Manfaat Tambahan Butiran Family Benefit Apabila berlakunya kejadian yang tidak dijangka, RM2,000 akan dibayar kepada setiap ahli keluarga yang meninggal dunia (terdiri daripada seorang suami atau isteri yang sah dan mana-mana 4 orang anak) Payor Benefit Semua caruman asas yang akan datang akan dikecualikan sekiranya Peserta meninggal dunia, mengalami HUKK atau didiagnosis dengan salah satu Penyakit Kritikal tertentu. Payor Benefit on Regular Saver Contribution Semua T-Saver yang akan datang akan dikecualikan sekiranya Peserta meninggal dunia, mengalami HUKK atau didiagnosis dengan salah satu Penyakit Kritikal tertentu. Waiver of Contribution on Critical Illness Semua caruman berkala asas yang akan datang akan dikecualikan sekiranya Orang Yang Dilindungi didiagnosis dengan salah satu Penyakit Kritikal tertentu. Waiver of Regular Saver Contribution on Critical Illness Semua T-Saver yang akan datang akan dikecualikan sekiranya Orang Yang Dilindungi didiagnosis dengan salah satu Penyakit Kritikal tertentu. Untuk maklumat lengkap mengenai pilihan manfaat tambahan, sila rujuk kepada Lembaran Pendedahan Produk dan Sijil Takaful.
Nota:
1. Semua manfaat adalah tertakluk kepada terma dan syarat.
2. Semua manfaat yang dibayar akan ditolak dengan sebarang tunggakan (jika ada).Perlindungan Yang Menjangkaui
Takaful ProInvest menawarkan Manfaat Pampasan Kemalangan untuk perlindungan sehingga umur 75 tahun seperti yang disenaraikan di bawah:Perkara Manfaat Butiran (i) Pampasan Kematian dan Kehilangan Anggota Akibat Kemalangan - Mempertingkatkan perlindungan akibat kemalangan yang menyebabkan kematian atau kehilangan fungsi badan.
- Tertakluk kepada RM100,000 seumur hidup.
(ii) Pampasan Mingguan - Pembayaran apabila anda tidak mampu untuk bekerja susulan dari kemalangan yang menyebabkan hilang upaya sementara keseluruhan atau separa.
- Bayaran sehingga RM1,000 bagi tempoh maksimum 8 minggu bagi setiap kemalangan dan hanya boleh dituntut sebanyak 2 kali setiap tahun sijil.
- Hilang upaya sementara keseluruhan: 1% daripada Manfaat Pampasan Kemalangan.
- Hilang upaya separa: 0.5% daripada Manfaat Pampasan Kemalangan.
(iii) Pampasan Hilang Upaya Kekal - Pembayaran apabila anda tidak mampu bekerja akibat hilang upaya kekal, keseluruhan dan berlanjutan selama 90 hari dari tarikh kemalangan.
- 10% daripada Manfaat Pampasan Kemalangan akan dibayar setiap tahun untuk maksimum selama 10 tahun.
(iv) Bayaran Balik Perubatan Akibat Kemalangan - Anda akan dibayar balik untuk perbelanjaan rawatan perubatan dan pembedahan dari hospital atau klinik sehingga RM10,000 bagi setiap kemalangan dalam masa 104 minggu selepas kemalangan.
(v) Pampasan Berganda
- Manfaat di bawah perkara (i) dan (iii) akan berganda jika kecederaan akibat kemalangan dialami dalam Kenderaan Awam, di dalam lif atau kebakaran di dalam Bangunan Awam.
Nota:
1. Untuk mana-mana 1 kemalangan, hanya 1 manfaat daripada (i), (iii) atau (v) akan dibayar dan sebarang tuntutan yang dibuat untuk salah satu daripada 3 manfaat ini akan secara automatik tidak melayakkan penerimaan manfaat yang lain.
2. Tuntutan di bawah (ii) dan (iv) boleh dibayar dengan syarat jumlah keseluruhan tuntutan yang dibayar untuk 1 kemalangan adalah tidak melebihi Manfaat Pampasan Kemalangan.
3. Semua manfaat adalah tertakluk kepada terma dan syarat.
4. Semua manfaat yang dibayar akan ditolak dengan sebarang tunggakan (jika ada).
5. Untuk maklumat penuh, sila rujuk kepada Lembaran Pendedahan Produk dan Sijil Takaful. -
Bagaimanakah pelan ini berfungsi?
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Apakah syarat kelayakan menyertai pelan ini?
Umur penyertaan minimum untuk pelan ini adalah 16 tahun dan penyertaan maksimum adalah tertakluk kepada tempoh perlindungan yang anda pilih. -
Di manakah saya boleh mendapat lebih maklumat?
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Hubungi kami.
Zurich Takaful beroperasi di bawah prinsip Wakalah di mana Pengendali Takaful selaku agen mengendalikan operasi perniagaan Takaful kepada Peserta. Yuran Wakalah akan dikenakan sekali bersama dengan caruman yang dibuat. Jumlah Tabarru’ akan dimasukkan ke dalam Akaun Pelaburan Risiko Peserta (APRP / Participant Risk Investment Account) di mana ia akan digunakan untuk membantu Peserta lain berdasarkan Konsep Takaful. Manfaat akan dibayar daripada APRP hanya untuk kerugian yang dilindungi, dan bukanlah semasa Sijil matang atau penyerahan Sijil. Lebihan pada setiap akhir tahun kewangan (jika ada) akan dikongsi di antara Peserta dan Zurich Takaful mengikut nisbah 50:50. Keuntungan daripada pelaburan yang diperolehi daripada Akaun Pelaburan Peserta (APP / Participant Investment Account) adalah berdasarkan kepadaaset yang disandarkan dan Zurich Takaful akan mengenakan bayaran Yuran Wakalah Bi al-Istithmar (Yuran Wakil Pelaburan) untuk menguruskan aset tersebut. Risiko pelaburan di dalam APP ditanggung sepenuhnya oleh Peserta. 100% keuntungan pelaburan selepas cukai, tolak Yuran Wakalah Bi al-Istithmar seperti dinyatakan, akan kekal di dalam APP untuk manfaat Peserta. Tiada perkongsian ke atas sebarang keuntungan yang ada di dalam APP dengan pemegang saham.
Manfaat-manfaat yang dibayar adalah dilindungi oleh PIDM sehingga had perlindungan dan perlindungan untuk manfaat daripada bahagian unit adalah tertakluk kepada syarat-syarat tertentu. Sila rujuk Brosur Sistem Perlindungan Manfaat Takaful dan Insurans PIDM atau hubungi Zurich Takaful Malaysia Berhad atau PIDM.