Takaful Wanita - MAA

The One and Only TAKAFULINK WANITA
Takafulink Wanita Plan is a Regular Contribution Investment-Linked Plan that expires at person covered’s 1 age
80. It is a unique product that offers both protection and investment benefit. A proportion of your regular
contributions are allocated to buy units in any of the MAA Takaful Shariah Funds of your choice.
Takafulink Wanita is packaged together with three riders which are Wanita Illness (MTWI), Wanita Maternity
Protection (MTMP) and Golden Wanita Protection (MTGW) riders. The value of Takafulink Wanita certificate
depends on the performance of your chosen funds.
HOW TAKAFULINK WANITA CAN BENEFIT YOU…
• It provides you with a guaranteed 2 Death & Total Permanent Disability benefit. Upon Death or Total Permanent Disability of the
person covered, the Sum Covered and Participant Investment Account (PIA) are payable and the coverage will cease.
• Comprehensive plan that is tailored specially for women with protection against Female Critical Illnesses, Maternity and
Disability Protection.
• It is a plan that provides 24-hours protection with Worldwide Coverage.
• Affordable contribution payable in monthly, quarterly, semi-annually and annually mode.
• Payment channel: Salary Deduction through Biro Angkasa, Auto Debit Deduction (RHB, Maybank, BSN & CIMB), Cash,
Cheque, Credit Card, Easy Pay (Credit Card Auto Debit), Bank Standing Instruction and Internet Banking.
• The contribution paid may qualify for a personal tax relief maximum up to RM6,000 a year.
(subject to the final decision of Inland Revenue Board of Malaysia)
• Surplus Sharing – every Participant is entitled to share the surplus if any, from the Participant Risk Investment Account (PRIA)
with the Takaful Operator based on 50:50 sharing ratio.
Eligibility
• Person Covered: Anyone from the 1 age of 16 years old up to age 69 years old.
• Participant/Applicant: Anyone from the age of 18 years and above.
Note:
1
Not applicable for Wanita Maternity Protection. Please refer to the Benefits Description of Takafulink Wanita.
2
Death and Total Permanent Disability benefit is guaranteed, given that PIA balance is sufficient to pay for tabarru’ deduction.
Wakalah Model
MAA Takaful Berhad operates under the principle of Wakalah, whereby the Takaful Operator acts as an agent to the Participant
for managing the operations of the Takaful business. A Wakalah Fee will be charged up-front from the contributions paid. Tabarru’
(donation) will be deducted to the PRIA, where it will be used for mutual aid and assistance, based on the concept of Takaful. The
benefits are paid from the PRIA only upon a covered loss, and not upon maturity or surrender of the certificate. Surplus Sharing (if
any) at the end of each financial year will be shared between the Participant and MAA Takaful Berhad at 50:50 ratio. No surplus
will be paid if the certificate is surrendered or terminated due to a claim. The investment profit earned on the Participant Investment
Account (PIA) is derived from the return on underlying assets and MAA Takaful Berhad charges a Wakalah Tharawat Fee (Fund
Management Fee) for managing these assets. The investment risk in PIA is fully borne by the Participant.