GMBTS

A group investment-linked Takaful plan that provides 24-hour coverage upon death or Total Permanent Disability

GMBTS is a group investment-linked Takaful plan that provides 24-hour coverage upon death or Total Permanent Disability (TPD). Coverage under this scheme can also be extended to eligible dependents.

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Key benefits

Term Takaful

In the event of TPD or death, the sum covered from the Tabarru’ Fund and the total values of the unit fund(s) from the Participant’s Unit Account (PUA) will be payable.

Critical Illness

Coverage upon diagnosis of any one of the 45 Critical Illnesses.

Hospitalisation

Daily cash benefit upon hospitalisation due to illness or accidental injury.

Personal accident

Coverage upon loss due to accidental injury.

Compassionate Benefit

RM2,000 will be given to your family in the event of your demise.

Notes and disclaimers

Please do take note of the below to ensure you fully understand what this product does and does not cover. If in doubt, email us at i-greatcare@greateasterntakaful.com.

Important notices

GMBTS is a group investment-linked Takaful plan that matures at age 70 years next birthday with the benefit of Family Takaful protection.
This plan is a Family Takaful product that is tied to the performance of the underlying assets, and is not a pure investment product such as unit trusts.
You should be convinced that this scheme will best serve your needs and the contribution payable under your certificate is affordable to you.
A ‘Free Look Period’ of 15 days after the delivery date of the certificate is given for you to review the suitability of the plan. If the certificate is returned to the Takaful Operator during this period, the Takaful Operator shall refund an amount equal to the sum of:

1. Any unallocated contributions;
2. Total Account Value of this certificate; and
3. Any Tabarru’ and Service Charge which have been deducted;
Minus any expenses incurred for the medical examination of your child, upon which the certificate shall be deemed cancelled and our liability hereunder shall cease.
You may receive the remaining values of the PUA upon termination or maturity of this plan. No benefits will be payable from the Tabarru’ Fund.
The value of the PUA will be based on the actual performance of the fund and is not guaranteed. The investment risk under this plan will be borne solely by you and the value of the PUA may be less than the total contributions contributed to the fund.
You may stop paying contributions and still enjoy protection as long as there are sufficient value in the PUA to pay for the Tabarru’ and Service Charge, where applicable. However, there is a possibility of certificate lapsing when the required charges, including Tabarru’ exceed the total value of the PUA available.
This leaflet provides general information only. You are advised to refer to the Benefit Illustration, Product Disclosure Sheet and master Certificate for detailed features and benefits of this scheme before participating.

Disclaimers