Takaful Platinum Plus Plan is a distinctive Shariah-compliant Family Takaful solution that combines long-term financial protection with disciplined savings and investment through a short contribution payment period. The plan offers 10 years of coverage with contributions payable for only the first 3 years, enabling you to secure your family's future while achieving important financial goals such as children's education, retirement planning, home ownership, and business expansion.
Based on the principles of Takaful (mutual cooperation) and invested in Shariah-compliant funds, the plan provides enhanced maturity benefits, death coverage of up to twice the Face Value (subject to plan terms), along with the potential for bonuses and surplus distributions. For complete information on the plan's features, benefits, eligibility criteria, terms and conditions, and benefit illustrations, please download the Product Brochure (PDF) below.
| Product | Takaful Platinum Plus Plan | |
| Plan Type | Shariah-Compliant Bonus-Based Unit-Linked Family Takaful Plan | |
| Entry Entry Age | 1 to 60 Years (Maximum Maturity Age: 70 Years) | |
| Tenure | 10 Years | |
| Minimum Contribution | Rs. 65,000/- | |
| Mode | Annual | |
| Riders | Term Takaful Rider (TTR) | |
| Optional Rider | Accidental Death Benefit (ADB) | |
| Rider Eligibility | Contribution for ADB is payable only during the 3-year contribution period, while protection continues throughout the 10-year membership term. Maximum entry age for ADB is 50 years, and the rider terminates at 60 years. | |
In the event of the participant's passed away during the membership coverage period, the nominee will receive a payout from the Participant Takaful Fund (PTF) equal to twice the Face Value along with any declared bonuses (if applicable) exceeding the reserve values in the PREF.
Additionally, any declared surplus from the PTF (if applicable) will also be paid. Furthermore, the nominee wil receive the Carrying Value of the Participant Investment Fund (PIF) and the reserve values of the PREF.
Upon the maturity of the membership, the Face Value and any declared bonuses will be paid from the Participant Reserve Endowment Fund (PREF), along with the Carrying Value of the Participant Investment Fund (PIF). Additionally, any declared surplus from the Participant Takaful Fund (PTF), if applicable, will also be payable
The Participant can also opt to have indexed regular contributions by selecting any one of the following options:
Under this option, the gross Regular Contributions may be increased by 6% on every Membership Anniversary. However, the face value of the plan and face value of additional benefits (if any) at the time of membership issuance will remain same and will not be subject to indexation.
The Plan also offers flexibility to the Participant by providing an option to invest additional funds available to enrich savings. These lump-sum contributions are
termed Fund Acceleration Contributions and can be placed anytime while the membership is in-force. Units
