Built to grow wealth that lasts a lifetime
In today’s increasingly complex financial environment, building wealth is only one part of the journey — preserving it and ensuring it continues across generations is equally important.
LIFE is designed to support this journey holistically, offering a disciplined approach to grow your assets while providing the protection needed to navigate life’s uncertainties.
By integrating wealth accumulation with financial security, LIFE enables you to stay focused on your long-term goals, knowing that your financial foundation is built to endure.
Grow your wealth steadily over time
Protect what matters most
Plan with confidence across life stages
How LIFE works through Death Settlement Option (DSO)?
It is a thoughtful feature designed to support your legacy planning through DSO, ensuring your benefits are passed on according to your wishes.
You may choose to have the following payout options, helping to support them in a way that best suits their needs.
Receive payouts over time based on your preferred structure:
Level payout – Fixed amount paid consistently over a selected period.
Increasing payout - Payments increase progressively over time
Customised payout - fully tailored payout schedule based on your needs
Flexible payouts - monthly or annually, from 5 up to 20 years.
A selected percentage of the benefit is paid out in one lump sum
Option C - Combination of A & B
A mix of staggered payments and lump sum payment, offering both immediate and long-term financial support
Total allocation must equal 100%
Special arrangement payout (Only applicable for Option A & C):
Your beneficiaries may receive advance payouts under specific circumstances:
- Retrenchment
- Diagnosis of Critical Illness in early or intermediate stage
- Marriage
- Newborn child
- Reaching a selected age milestone
Default advance payout: 5% of total entitlement (customisable from 0% to 100%)
- Advanced Critical Illness
- Total & Permanent Disability
- ICU admission (≥10 days with life support)
Remaining balance will be paid in full immediately.
1. Minimum payout per beneficiary: RM2,000 per month OR RM24,000 per year
2. DSO is only applicable if the approved death benefit is RM500,000 and above.
3. If the approved death benefit is below RM500,000, it will be paid as one lump sum
The Death Settlement Option feature is currently available with the Sun Save Invest Takaful Plan. Contact us today to learn more.