Family Takaful Product : Public Ittikal Fund Introduction Eligibility Nomination Effective Date of Coverage Description of Coverage Termination of Coverage Exclusions of Risks Schedule of Benefits INTRODUCTION As our Public Ittikal Fund (PITTIKAL) unitholder, you are entitled to enjoy a free Takaful coverage with only a minimum investment of 5,000 units. The total sum of coverage is equal to the number of units held in the ratio of RM1 Takaful coverage for every units held, up to a maximum amount of RM100,000 per unitholder (Double of sum covered for accidental causes). The coverage will be based on the number of units held on the date of death or disability. With this free Takaful coverage, you will enjoy an additional Takaful benefit on top of any other protection plans that you may already have. ELIGIBILITY Unitholders aged between 18 and 59 years are eligible for this free Takaful coverage. The cover will cease once the unitholder attains age 60. For joint accounts, only the first-named unitholder in the account/register is eligible. NOMINATION The unitholder who is entitled for the Takaful coverage shall designate nominee(s) in the nomination form. The unitholder is allowed to change the nominee(s) by submitting a new nomination form to Public Mutual Berhad. The change shall take effect on receipt of notice by Public Mutual Berhad. EFFECTIVE DATE OF COVERAGE The Takaful coverage will take effect according to the bank-in date of the initial or additional investment and subject to subsequent approval by AIA PUBLIC Takaful Bhd. ( AIA PUBLIC ).
DESCRIPTION OF COVERAGE Eligible unitholders will receive the following free Takaful coverage: Death due to illness or accidental causes. Total and Permanent Disability (TPD) due to illness or accidental causes. Permanent Partial Disability (PPD) due to accidental causes as per Schedule of Benefits. Note: Please refer to Product Disclosure Sheet for more information about the benefits covered under this plan. TERMINATION OF COVERAGE Takaful coverage will terminate if any of the following occurs: Unitholder ceased to be an investor of PITTIKAL Investment in PITTIKAL falls below 5,000 units On the date of termination of the Master Certificate by the AIA PUBLIC At the end of the Certificate year when unitholder attains age of 60 years On the date the Supplementary Total and Permanent Disability Benefit is approved for payment or a claim on Total Permanent Disability (TPD) has been made EXCLUSIONS OF RISKS General Exclusion Benefits under this Takaful coverage shall not be payable in the following event: Death Benefit: Any death resulting from : (a) Atomic, biological and nuclear energy reactions, radiation and contamination. (b) Pre-existing ailments or illnesses under the following conditions: 1) During the first 12 months from the effective date of coverage; or 2) During the first 12 months from the date of additional units being accepted.
Total and Permanent Disability Benefit (TPD): Any TPD caused directly or indirectly, wholly or partly, by any one of the following occurrence: (a) (b) (c) (d) (e) (f) Any self-inflicted injuries while sane or insane, whether or not disability was caused directly or indirectly as a result of the said injuries; or Travel or flight in or on any type of aircraft except on a regular scheduled passenger flight of a commercial aircraft; or Any activities of a military nature whilst being engaged in military service in time of declared or undeclared war whilst under orders for warlike operations or restoration of public order; or War, civil war, invasion, act of foreign enemy, warlike actions (whether war be declared or not), including accidental explosion and/or deliberate explosion of weapons of war, during war or directly as a result of previous war; or Being involved in any unlawful act; or Pre-existing condition which existed before the Takaful coverage effective date (as stated in the Certificate of Takaful) where pre-existing condition shall mean disabilities that the unitholder has reasonable knowledge of. A unitholder may be considered to have reasonable knowledge of a pre-existing condition where the condition is one for which:- 1) The unitholder had received or is receiving treatment; 2) Medical advice, diagnosis, care or treatment has been recommended; 3) Clear and distinct symptoms are or were evident; 4) Its existence would have been apparent to a reasonable person in the circumstances. Accidental Death and Disablement (ADD) Benefit: Any accidental death and disablement caused directly or indirectly, wholly or partly, by any one of the following occurrence: (a) Suicide, any self-inflicted bodily injuries while sane or insane, disorderly conduct on the part of the unitholder, or upon the unitholder deliberately exposing himself/herself to unnecessary danger; or (b) Being involved in any unlawful act; or
(c) Sustained while under the influence of narcotics; or (d) Sustained while engaged in hunting, mountaineering or racing in motor vehicles or motor boats or any hazardous activities; or (e) Consequent upon war, invasion, acts of foreign enemies, terrorist activities, hostilities or war-like operations (whether war be declared or not), civil war, rebellion, revolution, insurrection, usurped power or the action of any lawfully constituted authority; or (f) Any activities of a military nature whilst being engaged in military service in time of declared or undeclared war whilst under orders for warlike operations or restoration of public order; or (g) Travel or flight in or on any type of aircraft except on a regular scheduled passenger flight of a commercial aircraft; or (h) Medical or surgical treatment not necessitated by any accident or from pregnancy or childbirth; or (i) Medical or surgical treatment necessitated by an accident arising from the acts and events excluded in (a) to (g), inclusive, herein above stated. Note: This list is non-exhaustive. Please refer to Product Disclosure Sheet for the full list of exclusions under this plan. SCHEDULE OF BENEFITS Scale of Indemnities Percentage of Sum Covered 1. Death 100% 2. Loss of two limbs 100% 3. Loss of both hands, or of all fingers and both thumbs 100% 4. Total loss of both eyes 100% 5. Total paralysis 100% 6. Injuries resulting in being permanent bedridden 100% 7. Any other injuries causing permanent total disablement 100% 8. Loss of arm at shoulder 100% between shoulder and elbow 100% at elbow 100% between elbow and wrist 100%
9. Loss of hand at wrist 100% 10. Loss of leg at hip 100% between knee and hip 100% below knee 100% 11. Loss of eye whole eye 100% sight 100% sight, except perception of light 50% lens 50% 12. Total loss of speech 50% 13. Loss of hearing both ears 75% one ear 25% 14. Loss of four fingers and thumb of one hand 50% 15. Loss of four fingers 40% 16. Loss of thumb both phalanges 25% one phalanx 10% 17. Loss of index finger three phalanges 10% two phalanges 8% one phalanx 4% 18. Loss of middle finger three phalanges 6% two phalanges 4% one phalanx 2% 19. Loss of ring finger three phalanges 5% two phalanges 4% one phalanx 2% 20. Loss of little finger three phalanges 4% two phalanges 3% one phalanx 2% 21. Loss of metarcarpals first or second (additional) 3% third, fourth or fifth (additional) 2% 22. Loss of toes all 15% great, both phalanges 5% great, one phalanx 2% other than great, if more than one toe lost, each 1%
IMPORTANT NOTES Where the injury is not specified, the Company reserves the right to adopt a percentage of disablement which in its opinion is consistent with the scale in the Schedule of Benefits. Permanent total loss of use of member shall be treated as loss of member. Loss of speech shall mean total permanent inability to communicate verbally. The aggregate of all percentages payable in respect of any one accident shall not exceed 100%. In the event of a total of 100% having been paid, all coverage hereunder shall immediately cease to be in force. All other losses smaller than 100%, if having been paid shall reduce the coverage by that amount from the date of accident until the expiration of the certificate. RIGHTS OF MANAGER The Takaful coverage may be modified, replaced or discontinued by the Takaful Operator and/or Public Mutual without having to assign any reasons whatsoever. NOTICE : Public Mutual Berhad, carries no liability whatsoever to this Takaful scheme. Claims proceeds (if any) will be paid (where is applicable) by AIA PUBLIC Takaful Bhd.