Protection & Saving Takaful Products
Family Takaful plans are a form of protection for individuals who wish to endeavor to make preparation for the catastrophe or disaster that is likely to be on his own. If a disaster or disasters descended on him, it might result in death or disability that prevents its ability to support themselves and their families. Family Takaful protects a person and plans to leave the sum of money to their heirs if he dies or is destined as a storage or supply of himself when retired or older.
Family Takaful Plan offered by the Takaful Brunei Keluarga Sdn Bhd is to enable participants to obtain this coverage on the following objectives:
• Participants to save or to save regularly;
• The Fund is invested for a profit;
• To provide protection in the form of the Takaful benefits to participants in the event of the misfortune and disasters;
• Restores the deposit and the profits and benefits of Takaful in question to the participants who did not suffer disaster after disaster and Takaful investment period expires.
Products
Takaful Nur Savings
Introduction
Everyone has plans and dreams. There is the wish of taking a holiday or to go for further studies and all dreams have expenses that need to be paid.
In those moments when you would like to enjoy life and make planning a reality, the time constraint and financial issues might often hinder you from doing so. Why not be one step ahead with Takaful Nur Savings?
Introducing Takaful Nur Savings, a savings plan that is affordable and can help your financial future while ensuring you and your love ones are protected.
Apply today for Takaful Nur Savings, a Shariah compliant product that functions as a short term savings, catered to protect you and provide your investment needs.
Eligibility
This plan is eligible for all residents of Negara Brunei Darussalam aged eighteen (18) and above on their next birthday and the ceritificate must mature before the age of sixty five (65).
Takaful Instalment Interval
You can make payment whether monthly / quarterly / half–yearly / annual.
Payment Mode
You can elect to pay your Takaful contribution through:
• Standing Instruction with BIBD
• By Cash
• Credit Card
• Debit Card
• BIBD Online Payment
Takaful Saving
To enable participant to have a systematic personal saving fund with protection against death and total permanent disability.
Takaful For Education
Introduction
Takaful Education enables you to have a personal saving fund in order to reduce the financial burden of your loved ones or to finance your children’s education in the event of your untimely death.
Objectives
• Saving systematically to generate a long term fund that will become the family’s source of income in future or funds that can turn into your child’s scholarship fund should you not live before the maturity period.
• Getting back the savings portion including profits and surplus (if any) if you are still alive upon maturity.
• As a guarantee to financially aid you in the event of an accident, total permanent disability or to pay hospital expenses.
Eligibility
This plan is open for individuals aged next birthday eighteen (18) and above, and the certificate must mature before the age of sixty five (65) years.
Maturity Period
• 10 years
• 15 years
• 20 years
• 25 years
• 30 years
• 35 years
• 40 years
Scope of Cover
Basic cover for this plan is death.
Additional Cover
• Total Permanent Disability
• Personal Accident
• Hospitalisation Benefit
Payment Mode
You can elect to pay your Takaful contribution through:
• Standing Instruction with BIBD
• By Cash
• Credit Card
• Debit Card
• BIBD Online Payment
Contribution Management
• A big portion of the contributions will be paid into the Participant’s Account for savings and investments.
• The balances will be paid into the Special Participant’s Account as tabarru’ (donation).
How to Participate?
Complete the Proposal & Declaration Form which you can obtain from any nearby Takaful branch. Name your child who will be the recipient of the benefit in the Akuan Hibah Form.
Takaful Retirement
Objectives
• Saving systematically to generate a long term fund that will become the family’s source of income in future in the event of participant’s death or permanent disability.
• Getting back the savings portion including profits and surplus (if any) and if the participant is still alive upon maturity of certificate, as retirement income.
Eligibility
This plan is open for individuals aged next birthday eighteen (18) and above, and the certificate must mature before the age of sixty five (65) years.
Participation Period
Participation period will start from the date of the first Takaful installment contribution payment and will mature at retirement date.
Scope of Cover
• Basic cover for this plan is death and total permanent disability.
• Additional cover can be extended to death and total permanent disability caused by accidents.
Takaful Contribution
• Takaful Retirement installment is a percentage from the monthly salary. For example 5 percent.
• Minimum Takaful Retirement installment is as low as $15 per month.
Contribution Management
• A big portion of the contribution will be paid into the Participant’s Account for savings and investments.
• The balance will be paid into Special Participant’s Account as tabarru’ (donation).
Payment Mode
You can elect to pay your Takaful contribution through:
• Standing Instruction with BIBD
• By Cash
• Credit Card
• Debit Card
• BIBD Online Payment
How to Participate
Complete the Proposal & Declaration Form which you can obtain from
any nearby Takaful branch.
Takaful Hajj / Umrah
This plan is specially designed for those who wish to perform Hajj / Umrah in the near future.
Takaful Amal Jariah
Introduction
Takaful Amal Jariah enables participant to plan their financial systematically for waqaf even though in the event of untimely death.
Objectives
• To assist certain institutions and help groups of unfortunate and needy.
• As an encouragement for Muslims to do continuous righteous deeds.
Eligibility
This plan is open for Muslim individuals aged between 18 to 60 years old.
Participation Period
Participation period will start from the date of the first Takaful installment contribution payment for a period of 5 years.
Scope of Cover
The scope of cover for this plan is for death only.
How to Participate
Please complete the Proposal and Declaration Form which can be obtained from any nearby TBK branches.
Payment Mode
You may select to pay your Takaful instalment contribution payment through:
• Standing Instruction with BIBD
• Cash term
• Credit Card
• Debit Card
• BIBD Online Payment.
Takaful Dream House
This plan is specially designed for those who wish to save up for the purpose of building house or to renovate or to buy furniture. This plan will guarantee insured beloved family to build planned house in the event of insured death or permanent total disablement.
Takaful Walimatul Urus (Wedding)
Designed for those who wish to save up for wedding expenses. This plan is also intended for the parent(s) who wish to accumulate personal savings as wedding gift for their children in the near future.
Takaful Tarbiyah (Overseas Education)
Specifically designed for those who wish to send their child/children for further studies followed by first degree courses.