REALISE YOUR SAVINGS GOALS
Realise your savings goals through A-EnrichGold-i, a first of its kind short pay savings plan that offers both Lifestyle Benefit and potential growth in funds invested. Combined with Takaful coverage of at least 200% of your Basic Sum Covered upon on death and Total and Permanent Disability plus Maturity Benefit, A-EnrichGold-i is designed to help support your financial needs to achieve your life goals.
This plan covers death and Total and Permanent Disability (TPD) and an additional coverage for death and TPD due to accident.
Increasing Lifestyle Benefit
Basis of contract
You can enjoy a scheduled Lifestyle Benefit as percentages of your Basic Sum
Covered starting from end of 2nd Certificate Year until maturity.
• The increasing Lifestyle Benefit (LB) are as follow:
# Payable every 2 certificate years starting from end of 2nd certificate year onwards.
## Payable every certificate year
# Payable every 2 certificate years starting from end of 2nd certificate year onwards.
## Payable every certificate year
* Please note that the investment returns are NOT guaranteed
This plan is based on the Shariah concept of Tabarru’ whereby the Participants will donate a portion of their Takaful Contribution into Participants’ Risk Fund (PRF) for the purpose of mutual help.
• Applying the Ju’alah contract, the Surplus arising (if any) from PRF will be distributed between eligible Participants (50%) and AIA PUBLIC (50%) as an Ujrah (performance fee) for managing the fund efficiently which results in the surplus.
• This plan is also based on the Shariah contract of Wakalah bi al-Istithmar whereby the Participants will appoint AIA PUBLIC to undertake investment activities for Participant’s Investment Fund (PIF). In the event the Participant chooses accumulation of the Lifestyle Benefit option, AIA PUBLIC will allocate the Lifestyle Benefit payable into the PAF to be accumulated and invested.
A-EnrichGold-i is a Shariah-compliant Takaful coverage product which consists of Ordinary Family Takaful and investment-linked portion which provides you with increasing Lifestyle Benefit and maturity value. It also offers you the potential of upside investment gains and the flexibility in managing your savings.
On top of that, it also provides coverage on death and Total and Permanent Disability (TPD) and double Takaful coverage on accidental death and TPD.
Who is eligible to be Person Covered under A-EnrichGold-i?
This plan is available to individuals aged between 14 days to 65 years old.
What is the contribution paying term and coverage period for A-EnrichGold-i?
There are 2 plan types for you to choose from:
i) Type 1 : Contribution paying term of 10 years and covers up to 25 years, 10P25.
ii) Type 2 : Contribution paying term of 20 years and covers up to 30 years, 20P30.
What is the minimum Basic Sum Covered for A-EnrichGold-i?
The minimum Basic Sum Covered for A-EnrichGold-i is RM15,000
How much annual contribution do I have to pay?
Please refer to the table below for some indicative annual contribution rate (per RM1,000
Sum Covered) for non-smoker male of standard health
Will my contribution increase as my age increases?
NO, we anticipate your contribution rates are level throughout your contribution paying term as it is based on the age during the issuance of this plan. However, the contribution rates are not guaranteed. AIA PUBLIC reserves the right to revise the rates by giving 3 months’ notice prior to the effective date of such revision.
Do I get to enjoy Surplus?
Surplus will be determined and declared, if any, at least once a year by the Takaful Operator. If there is any Surplus arising from the PRF, the net Surplus, after claims payable and required capital shall be shared by the Takaful Operator and eligible Participants at the following ratios:
How many Investment Funds are available for this plan?
There are 3 Investment Funds available for this plan. You may refer to the Fund Fact Sheet
for details
Are the contributions paid for A-EnrichGold-i eligible for income tax relief?
Yes, the contributions paid for this plan may qualify you for a personal income tax relief up
to RM6,000 under the category of annual life insurance and EPF, subject to the final decision
of the Inland Revenue Board of Malaysia.
Are you seeking for a short term savings plan that provides scheduled income to support your life stage needs? Do you have plans to achieve certain milestones in life such as early retirement, putting your children through college or going for Hajj?
Realise your savings goals through A-EnrichGold-i, a first of its kind short pay savings plan that offers both Lifestyle Benefit and potential growth in funds invested. Contact Me
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