LegacySecure-i Link

About LegacySecure-i Link

Wakalah
This plan applies the wakalah (agency) concept, where all Certificate Holders appoint AmMetLife Takaful as a wakeel (agent) to act on their behalf to invest and manage the Participant Investment Fund (“PIF”) and Participants Risk Fund (“PRF”). AmMetLife Takaful is entitled to a wakalah fee for managing and investing the funds.
Tabarru’
This plan applies the tabarru’ concept, where all Certificate Holders agree to donate a specified portion from the PIF into the PRF for the purpose of mutual aid and assistance to all Certificate Holders in times of misfortune.
Qardh
This is an interest-free loan from AmMetLife Takaful in the event that the PRF is in deficit. The loan will be paid from the future surplus arising from the PRF.

Key Benefits

Death or Total and Permanent Disability (“TPD”) Benefit

The highest of:

100% of Basic Sum Covered; OR
Account value in Participant Investment Fund;

will be payable upon death or Total and Permanent Disability (“TPD”)

Note: The TPD Benefit will be automatically terminated on the certificate anniversary immediately preceding the age of 80 or on the maturity, whichever is earlier. Subject to a maximum of RM8,000,000 per participant.

Accidental Death Benefit

An additional coverage will be payable on top of the Death Benefit depends on the following event:

Accidental Death Benefit – Additional 100% of Basic Sum Covered; OR
Accidental Death Benefit on Public Conveyance – Additional 200% of Basic Sum Covered.

Note: The Accidental Death Benefit will be automatically terminated on the certificate anniversary immediately preceding the age of 70. Subject to a maximum of RM8,000,000 per participant.

Hand Heart

Waqaf Benefit

We will donate RM5,000 from PRF on behalf of you to selected waqaf organisation approved by AmMetLife Takaful’s Shariah Committee, in the event of your death.

Loyalty Bonus Benefit

Maximise your coverage by being rewarded with increasing Basic Sum Covered by 2% of initial Basic Sum Covered every 2 certificate years until the end of 10th certificate year. The loyalty bonus will be accumulated to your Basic Sum Covered and accumulated amount will be payable in one lump sum upon death or TPD of the participant, subject to terms and conditions.

Funeral Benefit

Your nominee will receive RM10,000 in one lump sum from PRF, which can be used to take care of funeral costs and related expenses, in the event of your death.