Group Term Takaful (Basic)
Group Term Takaful (Basic) | Group business takaful solution with adequate health coverage for the employees benefits
Our takaful solution aims to protect the business and the employees from any unexpected hazards. So let us help you protect what really matters by applying for Group Term Takaful (basic) which provides lump sum payment in the event of death, total & permanent disability or terminal illnesses due to accidental and natural causes.
Key benefits
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Death or Total and Permanent Disability
Death is unpredictable. That’s why we support your family against financial difficulty in your absence and disability. We provide matured amount and along with surplus investment profits to the nominee holder.
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Rewards you with underwriting surplus and investment profit
You will receive an underwriting surplus and investment profit (if any). It will be calculated as per your coverage and will be provided annually.
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Terminal illness
Receive up to a maximum lump sum of RM100,000 upon diagnosis of terminal illness1 .
Enhance your coverage
Customise your Group Term Takaful (Basic) plan with these extra protections. If you are looking to add coverage for personal accident or critical illness, take a look at the following riders:
Understand the details before participating
1 Terminal Illness:
Upon diagnosis of terminal illness after 30 days of waiting period, the Basic Sum Covered will be advanced in one lump sum up to a maximum of RM100,000.
The remaining Basic Sum Covered will be payable upon death of the Person Covered.
This information is for general information only. You are advised to refer to the benefit illustration, Product Disclosure Sheet and sample of certificate for detailed features and benefits of the plan before participating in the plan.
The benefit(s) payable under eligible certificate/product is (are) protected by Perbadanan Insurans Deposit Malaysia (PIDM) up to limits. Please refer to PIDM’s Takaful and Insurance Benefits Protection System (TIPS) Brochure or contact Great Eastern Takaful Berhad or PIDM (visit www.pidm.gov.my).