What is i-Secure by Etiqa Takaful?
For protection that counts, i-Secure is a term takaful policy that provides lump sum payments for your family if anything were to happen to you as a result of Death or Total and Permanent disability.
You are an important member of your family, regardless of age and ability. So, don't take life for granted! Plan ahead so that in case a tragedy occurs that results in your death or permanent disability, your loved ones are covered.
Am I covered in the case of Death or Permanent Disability?
This takaful plan is tailored especially for situations that compromise the financial security of your family. In the event of your Death, your family will receive 100% of the sum assured, the coverage will be active till you turn 80 years old. However, this is subject to your death occurring after the first year of your certificate term.
The same coverage applies for total and permanent disability. you'll receive 100% of your sum assured, should you be totally and permanently disabled, due to unforeseen circumstances or illnesses. This is subject to your permanent disability occurring before you've turn 45.
How much coverage do I get with this takaful policy?
That is entirely up to you! The i- Secure offers coverage plans, with the minimum sum assured of RM100,000 and a maximum sum assured of RM500,000. As long as you do not subscribe to a maximum of RM500,000 you can add to your sum assured in intervals of RM10,000.
You can also subscribe to multiple plans, as long as the collective sum assured, is equal to or below RM500,000.
How is this a Takaful plan?
i- Secure applies the concept of Wakalah where a fee is paid to Etiqa Takaful Berhad to manage your contributions on your behalf. The Wakalah fee is a fixed deduction of 30% from the contributions in addition to a RM50 deduction per annum per certificate.
How do I qualify for the i-Secure?
That is a question with an easy answer. You are eligible for this term takaful product if you are at least 21 years of age and can still apply for it as long as you are under 45 years of age. The approval of your application will be based on your fulfillment of Etiqa's health requirements.