HEMAYA FAMILY TAKAFUL PLAN Hemaya Family Takaful Plan is a fixed term protection Plan. It pays out an agreed sum if the Covered Member passes away, or suffers from any covered event where the Benefit is applicable. Once the Plan is setup, the Benefit amount or the plan Term cannot be changed.
The Plan will end if we pay out any of the protection Benefits, with the exception of Waiver of Contribution. This Plan is reviewed by the Shari'ah Advisory Board of SALAMA and is Shari'ah Complaint.
The Benefits:
Terminal Illness: This optional Benefit pays a lump sum payment as an accelerated payment of Family Takaful benefit if the Covered Member is diagnosed as being terminally ill with a life expectancy of less than 6 months within the Plan Term. If a Terminal Illness claim is paid, the Plan ends.
Wavier of Conrtibution: This cover will pay the remaining Regular Contributions on behalf of the Plan Holder if, as a result of a sickness or an accident the Covered Member becomes permanently and totally disabled for a continous period of at least 6 months and is unable to perform any occupation.
