IKHLAS Education Classic Takafu

Introduction Having good education is the passport to a good life. You know this, and that is why you always want to ensure the best education for your child. With the cost of good education increasing every year, you need to start planning from now. For that, we created IKHLASEDUCATION TAKAFUL CLASSIC. IKHLAS EDUCATION TAKAFUL CLASSIC is a plan which helps you set aside a small amount each month towards your child’s education that will grow into a substantial sum as time goes by. This plan also provides coverage in the event of death or disability of your child. A range of flexible options is available from 6 to 23 years – to make your contributions until maturity of the certificate. What does IKHLAS Education Classic cover? Enjoy insurance coverage for your child as you save. This plan is specially designed for children between the ages of 30 days to 12 years old, so that you can start planning for their education early. With this special plan, you will enjoy the following benefits: Death & Total Permanent Disability (TPD) Benefits Should death or TPD occur to your child before the certificate matures, a lump sum amount of the Sum Covered (SC) plus the accumulated amount in the Personal Investment Account (PIA) will be paid to you. However, should death / TPD occur before your child reaches five (5) years old at the next birthday, the amount payable will be as follows: Juvenile Lien     Age At Death / PD (Next Birthday) Percentage Of SC Payable 1 Year 20 % 2 Year 40 % 3 Year 60 % 4 Year 80 % 5 Years And Above 100 %

Why IKHLAS Education Classic Takaful? Maturity Benefit Upon maturity of the certificate, your child will receive a lump sum amount equivalent to the accumulated amount in the PIA. Cash Withdrawal Partial cash withdrawals from the PIA are allowed after the certificate has been in force for a minimum number of five (5) years. Only three (3) withdrawals are allowed during the lifetime of the certificate. Subsequent withdrawals must satisfy a minimum gap period of two (2) years between withdrawals. A transaction fee of RM15.00 is chargeable from the PIA for each transaction. Top-Up Contribution Top-up contributions are allowed from the commencement of the certificate. The amount of top-up is subject to a minimum of RM50.00 per top-up, which will be solely allocated to the PIA. Excellent Achiever Award Under this plan, Participants will be rewarded for excellent academic results in the UPSR, PMR or SPM examinations. This benefit is payable if the certificate if at the time of examination the certificate has been in force for a minimum of three (3) years. The award benefit schedule is as follows:       EXCELLENT ACHIEVER AWARDS No. Examination Category Minimum Criteria Benefit Payable 1. UPSR (Standard 6) 5A RM100 2. PMR (Form 3) 7A RM100 3. SPM (Form 5) 7A RM100     Age and issue limits Issue Ages : 30 days – 12 years (age of next birthday) Issue Limits : Minimum of RM 10,000 Maximum of RM 150,000 Expiry Age : Upon attainting age of 18 - 23 years old Coverage Terms : 6 – 22 years Save for your child’s future whilst enjoying better returns Our IKHLAS Model allows a bigger portion of your account to be utilised for investment purposes, which gives you a more optimized rate of return. It also provides for more frequent allocation of investment income and surplus to the participant’s investment account. Immediate reinvestment of these investment income and surplus will in turn provide a better total return.