18th April 2022 - 2 min read
By now, many of us have realised the importance of health insurance or takaful to cover the rising medical expenses. However, the number of people who have a life protection plan is still relatively low.
It’s crucial to safeguard you and your family’s financial future should misfortune strike. A family takaful plan is a practical way of doing so as it provides a lump sum amount to you or your beneficiaries in the event of total and permanent disability (TPD) or death. Without it, your family may be left with debts to pay or face endless worries due to inadequate savings for education and their future.
One such plan is Zurich Takaful’s new family takaful plan – Takaful Al-Shams. With an affordable contribution, this plan offers guaranteed acceptance to anyone up to age 70 with no medical check-ups required. This ensures you and your family are well-protected.
If you’re looking to sign up for a family takaful plan, read on to discover the 8 key features of Takaful Al-Shams.
Now that you’ve read about Takaful Al-Shams, you can consider it as a way to ensure you and your family’s financial future are protected in the event of a misfortune while in compliance with Shariah law.
Fun fact – a takaful plan is available for everyone and not just Muslims! It’s also beneficial to note that contributions made for Takaful Al-Shams are eligible for income tax relief, as part of the government’s efforts to encourage Malaysians to be covered under a protection plan.
Find out more here.
*The contents of this article do not constitute financial advice. Readers should conduct their own research before making a financial decision.
Subscribe to our exclusive weekly newsletter and we’ll bring you the week’s highlights of financial news, expert tips, guides, and the latest credit card and e-wallet deals.
Stay tuned for what’s to come next in the personal finance world