HLM Takaful Alpha Saver – Malaysia’s first online takaful savings plan

Portrait of a young asian couple, made in studio.

Last month, Hong Leong MSIG Takaful introduced Malaysia’s first Takaful savings plan, called HLM Takaful Alpha Saver that can be participated online. The plan is offered in three variations Plan50, Plan100 and Plan200 with different savings amount and death protection.

Malaysia’s first online takaful savings plan

Building essentials for tomorrow has never been easier with Malaysia’s first online Takaful savings plan, HLM Takaful Alpha Saver.

Malaysians can now be protected and save instantly with this hassle-free takaful plan which can be participated through Hong Leong MSIG Takaful’s online platform, HLMTServ, anytime, anywhere.

The choice is also yours when selecting from 3 different monthly contributions, namely, Plan50, Plan100 and Plan200 depending on your savings and protection needs.

Online participation with no medical check-up

Experience a simple and easy enrolment process where you answer a few questions when signing up for the takaful savings plan online. No medical check-up needed! Best part, you are protected and get to save instantly with HLM Takaful Alpha Saver.

Savings plan with cash payout

Below is a simple calculation if you participate in Plan50.

Plan50:

Pay:

First year = RM600 (RM50 x 12 months)
Over 10 years= RM6000 (RM600 x 10 years)

Receive:

Savings = RM6000
Cash Payout = RM 1950 (paid over 20 years)
Receive Total = RM 7950

*If no prior claims have been made.

On top of getting your full contribution back, your family will be financially protected against an unfortunate event.

Death and TPD protection for your family

It is important to ensure that your loved ones are financially protected in the unfortunate event of death or Total & Permanent Disability (TPD). The amount of payout received depends on the plan selected and how old you were when you participated in the takaful.

The coverage amount for each plan differs where the coverage amount for Plan50 is between RM7,000 – RM10,000 while the coverage amount for Plan200 is between RM28,000-RM40,000.

HLM Takaful Alpha Saver offers great financial protection

Triple benefit for accident

Hong Leong MSIG Takaful understands that a sudden loss is difficult on loved ones and many are unprepared financially. The HLM Takaful Alpha Saver pays 3x the sum covered. For instance, under Plan50, family members will receive RM 30,000, instead of RM 10,000.

Pay 10 years and get protection for 20 years

A star benefit of HLM Takaful is the protection you receive. You only pay for HLM Takaful Alpha Saver for 10 years but get protected for 20 years.

Maturity Benefit

If you did not make any claim, upon maturity of the certificate, you will get 100% of your contribution back. This is on top of the cash payout!

Tax savings

Another sweetener, you may qualify for personal tax relief for the contributions paid under “Life Insurance/ Family Takaful” subject to the final decision of the Inland Revenue Board of Malaysia.

Know more about HLM Takaful Alpha Saver today!

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