INS 3533: Chapter 8 - Family Takaful

_____________ is plan that equivalent to the Islamic Life Insurance which provides protection on death, disability, sickness and personal accident.

• Fire Takaful

• Family Takaful

• General Takaful

• Liability Takaful

Long term contract under Family Takaful can be paid either on the following basis except:

• Monthly

• Quarterly

• Lifetime

• Lump-sum/Single Contribution

A portion of contribution under the Tabarru' fund of a Family Takaful will be segragated and payable during the maturity known as:

• Participant Special Account (PSA)

• Participant Large Account (PLA)

• Participant Invesment Account (PIA)

• Participant Special Risk Account (PSA)

A plan which include group education,medical or retirement provided for any employers, clubs, associations, and socities were called as

• Brotherhood Family Takaful

• Group Family Takaful

• Corporate Family Takaful

• Individual Family Takaful

A Family Takaful product that provide benefits upon death or permanent disability of their participant were called as

• Saving & Investment

• Employee Benefit

• Life & Income Protection

• Health & Medical

A broad range of benefits that covers any expenses incurred whilst being hospitalize known as

• Life & Income Protection

• Saving & Invesment

• Health & Medical

• Mortgage & Financing

A Family Takaful plan that suit for any participant who wish to cover on outstanding amount of financing in the event of death or disability of the beholder

• Life & Income Protection

• Saving & Investment

• Health & Medical

• Mortgage & Financing