M-Tiara Linked

Protect your future

There is pressure to ensure you meet your financial needs as you grow older. You strive to climb the corporate ladder, securing higher income but are you really saving enough? With M-Tiara Linked, make all that hard work you do now, pay off handsomely later.

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Key benefits

Additional bereavement benefit

In the event of your death, your family will receive a lump sum payment of RM2,000 as bereavement benefit to help alleviate any financial burden relating to funeral expenses.

Maturity benefits

Upon maturity, receive 100% of the total amount in the PIA (if any) in a lump sum. Underwriting surplus will be shared among participants. Your share of the surplus will be credited back into the PUA.

Greater protection with added benefits

You can boost your investment value with a minimum single contribution top-up of RM1,000, of which 95% of the contribution paid will be allocated to unit fund(s).

Get this plan

To sign up, call 1 300 88 8787, visit any Bank Muamalat branch or log on to www.muamalat.com.my for more details.

Notes and disclaimers

Please do take note of the below to ensure you fully understand what this product does and does not cover. Call 1 300 88 8787, visit any Bank Muamalat branch or log on to www.muamalat.com.my

Important notices

1. M-Tiara Linked is a regular contribution Investment-Linked Family Takaful plan that matures at age 75 years next birthday with the benefit of family takaful protection.

2. 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 trust.

3. Contributions are received until end of Takaful coverage, or until Death or TPD, whichever comes first.

4. You should be convinced that this plan will best serve your needs and that the contributions received under the certificate are affordable to you.

5. A ‘free-look period’ of 15 days from 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:

i. Total values of the PUA based in the Next Asset Value at the next valuation date;

ii. The investment values of the units which have been cancelled to pay for Tabarru’ and Service Charge; and

iii. The amount of contributions that have not been allocated;

6. 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.

7. 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.

8. 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 this plan.

9. The claims payout for IB CIBR or IB EPCC will reduce the sum covered of the basic plan. The same amount of claim will also be deducted from both corresponding riders.

Disclaimers