i-Great Prestij | A takaful shariah compliance saving plan for retirement

1. i-Great Prestij is a Family Term Takaful Plan with combination of Takaful Protection (Traditional Takaful Component) and Compulsory Saver (Investment-Linked Takaful Component) that provides coverage upon Death or Total Permanent Disability of the Person Covered as well as Compassionate Benefit of RM2,000 upon death of Person Covered. The investment-linked component which is Compulsory Saver is tied to the performance of the underlying assets, and is not a pure investment product such as unit trusts.
   
2. Age refers to age next birthday. Contributions are payable following the contribution payment term or upon death or Total & Permanent Disability of the Person Covered, or termination of the certificate, whichever occurs first.
   
3. You should be convinced that this plan will best serve your needs and that the contributions payable under the certificate are affordable to you.
   
4. You may stop paying contributions and still enjoy protection as long as there are sufficient amount of money in the Participant’s Individual Account to pay for the Tabarru’, where applicable. However, there is a possibility of certificate lapsing when the required charges, including Tabarru’, exceed the money available in Participant’s Individual Account and Participant’s Unit Account.
   
5. A “Free-Look Period” of 15 days from the delivery of the certificate is given for you to review the suitability of the plan. If the Certificate is returned to us during this period, we shall refund an amount equal to the sum of:
   i. total Takaful Contribution (if any), and
   ii. total values in Participant’s Unit Account (if any) of this certificate, and
   iii. unallocated Investment Linked Compulsory Saver Contribution.
   
6. You may receive the Cash Value in Participant’s Individual Account (if any) and Total Values in the Participant’s Unit Account (if any) upon termination or maturity of this plan, which may be less than the total allocated contribution into the Participant’s Individual Account and Participant’s Unit Account. You also may receive Maturity Value from the Tabarru’ Fund 2 (if any). No benefits will be payable from the Tabarru’ Fund 1 upon termination or maturity.
   
7. The Participant’s Individual Account and Participant’s Unit Account will be based on the actual performance of the fund and is not guaranteed. The investment risks under this plan will be borne solely by you and both the Participant’s Individual Account and Participant’s Unit Account may be less than the total contributions contributed to the fund. Depending on the fund's performance, the Certificate value may decrease. There is a possibility of Certificate lapsing when the required charges (including Tabarru’) exceed the total value of the Participant’s Individual Account available. The sustainability of the plan depends on the performance of the underlying fund(s).
   
8. Participating in a Family Takaful plan is a long-term financial commitment. If you do not pay your contributions within the grace period of 30 days, your Certificate may lapse. The accumulated cash value that you may get upon cancellation of the Certificate before maturity period will be lesser than the total amount of contribution that you have paid.
   
9. If you switch your Certificate from one Takaful Operator to another or if you replace your current Certificate with another Certificate within the same Takaful Operator, you may be required to submit an application where the acceptance of your proposal will be subjected to the terms and conditions of switching or replacement.

This information merely provides general information only and is not a contract of Family Takaful. You are advised to refer to the Benefit Illustration, Product Disclosure Sheet and sample Certificate for detailed features and benefits of the plan before participating in the plan. For further information on the investment-linked funds, please refer to the Fund Fact Sheets.