Protection Takaful Products
Family Takaful plans to create a protective group or groups by providing financial assistance or compensation in accordance with Takaful benefits assigned to the Takaful participants.
This plan provides the benefits of Takaful in the form of financial assistance if the person is destined Insured dies or suffers disability (disability) to remain members of the body, whether by accident or disease. The plan also provides benefits in the form of reimbursement Takaful costs incurred by the participants to undergo a medical treatment either due to illness or accident.
The period of Takaful schemes flat-stripping is one year and may be renewed when his term expires.
Products
Aman
Introduction
The Aman Takaful provides takaful coverage to ease financial burden of the participant or participant’s dependent in the event of his / her death or total permanent disablement repectively while participating takaful.
Scope of Cover
Any death or total permanent disablement subject to terms and conditions in the Certificate.
Note: Total Permanent Disablement must continue uninterruptedly for a period of at least 6 months.
Sum Covered
The minimum amount of coverage is BND10,000.00 up to a maximum of BND1,000,000.00.
Eligibility
a) Adult Aged Next Birthday between 18 to 65 years old for new participation and for renewal it can be extended up to 70 years old;
b) Child Aged Next Birthday between 6 months to 17 years old; and
c) Brunei Citizens or Residents of Brunei
Takaful Period
One (1) Year
Stamp Duty
BND0.10
Terms and Conditions
a) Pre-Existing Conditions are not covered.
b) Waiting Period of 30 days after commencement date of certificate
c) The medical check-up is required for new participant having the following criterias:
- Sum covered above BND200,000.00; or
- Aged Next Birthday above 50 years old; or
- Health Declaration in the proposal form
d) Subject to terms and conditions stated in the Aman Takaful Certificate
Payment Method
- By Cash
- Credit Card
- Debit Card
- BIBD Online Payment
Critical Illness
Introduction
The Critical Illness Takaful is designed to provide takaful coverage to ease fnancial burden of the participant if he/she had been diagnosed with critical illness while participating in the Critical Illness Takaful.
Scope of Cover
Provides the takaful benefit for participants who has (have) been diagnosed by the registered Physician with one of the critical illness listed as below:
1. Alzheimer’s Disease/Severe Dementia;
2. Aorta Graft Surgery;
3. Angioplasty & Other Invasive Treatment for Coronary Artery;
4. Aplastic Anaemia;
5. Bacterial Meningitis;
6. Benign Brain Tumour;
7. Blindness;
8. Coma;
9. Coronary Artery By-Pass Surgery;
10. Deafness;
11. End Stage Liver Failure;
12. End Stage Lung Disease;
13. Fulminant Hepatitis;
14. Heart Attack;
15. Heart Valve Surgery;
16. HIV due to Blood Transfusion and Occupationally Acquired HIV;
17. Kidney Failure;
18. Loss of Speech;
19. Loss of Hands or Feet;
20. Major Burns;
21. Major Cancers;
22. Major Head Trauma;
23. Major Organ / Bone Marrow Transplantation;
24. Motor Neurone Disease;
25. Multiple Sclerosis;
26. Muscular Dystrophy;
27. Paralysis /Loss of Use of Limbs;
28. Parkinson’s Disease;
29. Primary Pulmonary Hypertension;
30. Stroke;
31. Terminal Illness.
The takaful beneft will be paid in lump sum to the participant, subject to the terms and conditions in the certifcate.
Sum Covered
The minimum amount of coverage is BND10,000 up to a maximum of BND500,000.
Eligibility
a) Adult aged between 18 to 60 years old on their next birthday for new participation and for takaful certificate renewal it can be extended up to 70 years old;
b) Child aged between 6 months to 17 years old next birthday; and
c) Brunei Citizens or Residents of Brunei.
Takaful Period
One (1) Year
Stamp Duty
BND0.10
Terms and Conditions
a) Pre-Existing Conditions are not covered;
b) Waiting Period of 90 days before diagnosis;
c) Survival period of 30 days after diagnosis;
d) The medical check-up is required for new participants and having following criterias;
i. Sum covered above BND50,000; or
ii. Aged above 50 years old on their next birthday; or
iii. Health Declaration in the proposal form;
e) All proposers are required to undergo medical check-up every 5 years for annual certificate; and
f ) Subject to terms and conditions stated in the Critical Illness Takaful certificate.
Payment Method
- By Cash
- Credit Card
- Debit Card
- BIBD Online Payment
Group Term Life
This plan provides Takaful coverage on a group basis which will ease financial burden of the employees or their beneficiaries in the event of any death. Additional coverages are also available such as total permanent disablement, accidental death, medical expenses, funeral expenses and repatriation expenses.