A regular contribution pure protection family takaful term plan providing protection upon the death of the person covered. This plan is distributed directly via an online channel on FWD Takaful’s website and it does not involve any intermediary.

Yes. The product is approved by our Shariah committee. We adopt the following shariah principles:

• Tabarru’: A donation for the purpose of takaful where participants agree to assist each other financially.
• Wakalah: The contract where the participant appoints the Takaful Operator to manage the participants’ risk fund and agrees to pay the Takaful Operator on a pre-agreed basis for the services provided.
• Ju'alah: It’s the reward to the Takaful Operator for the good performance of the participants’ risk fund it’ll be managing. The Takaful Operator will be rewarded with a 50% share of the surplus from the participants’ risk fund and the remaining 50% will be distributed to participants.
• Qard: An interest-free loan that we grant to the participants’ risk fund if it’s in deficit. The loan is repayable from the future surplus arising in the participants’ risk fund.

You can participate as an Individual or Family, including as a single parent as well as a married couple. The same sum covered is applicable to all family members.

This plan provides death benefits upon the passing of any covered persons. If you decide to participate in our Family plan, upon your passing we will pay your family’s contribution (waiver of contribution) whereby your family members will continue to be covered. 

You may apply for this product online.