Takaful protection on your hire purchase financing outstanding based on reducing coverage amount should unexpected events happen to you.
Death/Total and permanent disability (TPD) benefit
The reducing sum covered (RSC) as at the event date will be payable in one lump sum upon the death/TPD of the person covered.
Note: TPD benefit shall cease on the certificate monthly anniversary immediately following the person covered's 65th birthday.
Accidental death/ Accidental total and permanent disability (TPD) benefit
Additional 10% of the RSC will be payable if the death/TPD of person covered occurs due to accidental causes.
Note: Accidental death/Accidental TPD benefit shall cease on the certificate monthly anniversary immediately following the person covered's 65th birthday.
Note: Terms and conditions apply.
The benefit(s) payable under eligible certificate/policy/contract is(are) protected by PIDM up to limits. Please refer to PIDM’s Takaful and Insurance Benefits Protection System (TIPS) Brochure or contact Sun Life Malaysia Takaful Berhad or PIDM (visit www.pidm.gov.my).