ProtectSecure-i Murni

About ProtectSecure-i Murni

Wakalah
This plan applies the wakalah (agency) concept, where all Certificate Holders appoint AmMetLife Takaful as a wakeel (agent) to act on their behalf to invest and manage the Participant Investment Fund(“PIF”) and Participants Risk Fund (“PRF”). AmMetLife Takaful is entitled to a wakalah fee for managing and investing the funds.
Tabarru’
This is the net of contribution after the deduction of the wakalah fee and will be allocated into the PIF. The tabarru’ amount is deducted monthly from your PIF and allocated into the PRF. The tabarru’ amount increases as you grow older.
Qardh
This is an interest-free loan from AmMetLife Takaful in the event that the PRF is in deficit. The loan will be paid from the future surplus arising from the PRF.
Hajj
Visiting Baitullah Al Haram (the Holy Kaabah) in Mecca in the months of Hajj pilgrimage to perform the specific rites according to the terms and conditions.
Umrah
Visiting Baitullah Al Haram (the Holy Kaabah) in Mecca at any time to perform the specific rites according to the terms and conditions.
Badal Hajj
Performing Hajj (pilgrimage to Mecca) on behalf of those who is unable to perform Hajj due to certain barriers such as sickness, death, old before fulfilling the Hajj obligation.
Waqaf
A voluntary, permanent, irrevocable dedication of a person’s wealth or a portion of it for religious, educational or charitable cause.

Key Benefits

Death or Total and Permanent Disability (“TPD”)

100% of Basic Sum Covered from the Participants’ Risk Fund (“PRF”) plus Participant’s Investment Fund (“PIF”) value will be payable in the event of death or TPD.

Double Indemnity of Death or TPD while performing Hajj or Umrah

Additional 100% Basic Sum Covered will be payable from the PRF if death or TPD occurs while performing Hajj or Umrah.

Hand Heart

Waqaf Benefit

We will donate RM1,000 from PRF on your behalf to waqaf organization approved by our Shariah Committee, in the event of your death or TPD.

Badal Hajj Benefit

We will pay RM3,000 from the PRF to your nominee for him/her to appoint wakeel to perform Badal Hajj, in the event of your death or TPD.

Funeral Benefit

Your nominee will receive RM5,000 as Funeral Benefit in one lump sum from the PRF.

Special Allowance

A one off payment of RM1,500 will be payable from PIF at the end of 3rd certificate year, which can be used to cover your Umrah or Hajj expenses or to open up Tabung Haji account.