A successful investor maintains certain financial discipline & wealth management planning. It can be a potential savings plan with a higher return for the future so you can achieve your financial goals. It is ideal not to be too conservative with your saving plans if you have the opportunity to hold cash in hand. On the other hand, you would probably not want to invest your entire savings at once. It would leave you without any liquidity in the event of an emergency.
In addition, you should also consider other risks which can impact your life. An accident, medical condition, death, or any unexpected misfortune can derail definite investment plans. To protect you against any unforeseen events, our wealth management and protection plans also provide death benefit payout and critical illness benefits to ensure you and your family are adequately covered. de death benefit payout and critical illness benefit to ensure you and your family are adequately covered.
How do Takaful investment work ?
Our Islamic wealth management plan is an investment-linked takaful that grows savings and secures finances, should anything unfortunate happen. Wealth management can also help you reach all your goals and gain more freedom when it comes down to money matters – everyone should have this opportunity for success, whether they’re short-term or long-term focused. If you are looking for a savings and investment takaful plan in Malaysia that is Shariah-compliant as well as less risky, Great Eastern Takaful has good news for you. We have a way for you to invest safely through the Islamic investment takaful solutions we offer. We will also ensure that the investments made are complying with Islamic law and protect you from any risks and possibilities. With our savings and investment takaful plan, you can invest your savings safely with minimal risk of losing your savings. What you save will remain in your savings, what increases is the profit you get from the investment you make.
Why do you need a wealth accumulation Takaful plan?
Everyone needs to have protection in place because life doesn't always go according to plan. Therefore, wealth management has been determined as an important tool as it plays some important roles in assisting proper planning in our lives. Starting your financial planning and wealth management early could help you in various ways:
● Income Protection: The wealth accumulation plan offers a benefit pay-out option that acts as income replacement should unforeseen circumstances happen to you. It can be used for you and your family's survival during your recuperation.
● Manage Debt: If you're unable to work due to illness or injury, a takaful wealth accumulation plan can help to assist in settling remaining debts so that you're left with no financial burden and can focus on recovery.
● Maintain Quality of Life: Takaful savings and investment plan ensures that you can maintain your usual standard of living even if you're unable to work temporarily, avoiding a sudden drop in your lifestyle.
● Reassurance to Family: It provides peace of mind to your family knowing that you have income protection so that in times of medical emergencies, you don't have to incur out-of-pocket expenditures which may threaten financial stability.
● Goal-Specific Plans: Wealth accumulation can help you achieve financial security, meet your financial goals, and build a solid foundation for your future financial well-being. Through monthly savings and investment, you can accumulate your wealth over time and enjoy returns from the maturity benefits.
Why saving and investing is important for your future
Saving is like putting money aside for a rainy day – it's there when you need it unexpectedly. Investing, on the other hand, is like planting a seed that grows into a big tree over time. This tree gives you more fruits as it gets older. Similarly, investing your money can make it grow and give you more money in the future. So, saving keeps you safe today, and investing helps you have more in the long run. Start your financial planning in an Islamic way and choose our wealth accumulation plan to secure your future investments!