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Easy Enrolment with no underwriting required
Hassle-free enrolment for all applicants with no medical underwriting and check-up required1
Choice of contribution payment and contract term
- Flexibility to choose a contribution payment term and contract term that best suits your affordability and preference.
- Plan options: 10 Pay 20 Term, 15 Pay 25 Term or 20 Pay 30 Term.
Cash Payout (CP)
- Cash payout from the universal account will be payable every 2 contract years with a total of up to 400%2 of the takaful annualised contribution (excluding top-up contributions), starting from end of the 2nd contract year until the plan matures, provided that the contract is in force and all contributions are paid within the grace period of each contribution due date.
- The cash payout will be reinvested into the investment-linked funds with 100% allocation. The contract holder can choose to invest in one or a mixture of the investment-linked funds offered under this plan.
Coverage on Death/Total and Permanent Disability (TPD)³
(a) Death/TPD due to natural causes (within 24 months from the contract commencement date)
Higher of:
(i) 100% of the total takaful contribution paid (including top-up contributions) less the total cash payout (CP) paid; OR
(ii) 100% of the value of the universal account, immediately following the date of event.
(b) Death/TPD due to natural causes (after 24 months from the contract commencement date)
Higher of:
(i) 100% of the total takaful contribution paid (including top-up contributions) less the total CP paid; OR
(ii) 105% of the value of the universal account, immediately following the date of event.
(c) Death/TPD due to accidental causes
(i) 100% of the total takaful contribution paid (including top-up contributions) less the total CP paid; OR
(ii) 105% of the value of the universal account, immediately following the date of event,
PLUS
Benefit (a), (b) or (c) will be payable together with the reinvested CP in the unit fund account (if any) as at the valuation date immediately following the date of event, less any indebtedness.
Final Benefit
Upon maturity of contract, you shall be paid the higher of:
together with the reinvested cash payout in the unit fund account (if any) as at the valuation date immediately following the benefit end date, less any indebtedness.
Entry age: Based on the age of your last birthday basis.
Entry Age |
10 Pay 20 Term* |
15 Pay 25 Term** |
20 Pay 30 Term*** |
Minimum |
30 days old |
||
Maximum |
70 years old |
65 years old |
60 years old |
Sun Life Malaysia