This section defines who can participate in the plan.

• Target Group: All eligible Muslims who aspire to perform Hajj or Umrah.
• Age at Commencement: From 20 years up to 50 years.
  • Age at Maturity: Maximum 67 years.

This section details the key structural components of the policy.

This section outlines the financial payouts and key features of the plan.

• Profit Sharing: At the time of maturity, the policyholder receives the full Sum Assured along with profit (managed under Al-Mudaraba).
• Maturity Benefit: If the policyholder survives until the maturity date, the Takaful Sum Assured or the face value, whichever is higher, will be paid for the purpose of performing the Holy Hajj/Umrah.
• Death Benefit (Policy In-Force): In case of the death of the insured and policyholder while the policy is in force, the Sum Assured or the face value, whichever is higher, will be paid to the nominee for the purpose of performing the Holy Hajj/Umrah.
• Extended Protection (Death within 2 years): If the insured passes away while performing the first Hajj/Umrah within two years after maturity, the Takaful Insurance amount will be paid to the nominee.
• Investment: Premium collected from clients is invested in profitable sectors while strictly obeying Shariah principles.
• Surrender Facility: The Policy Holder can apply for the surrender value after paying a minimum of 2 years of premium.
• Paid-up Value: The policy acquires a paid-up value after a minimum of two years of premium payment. This value, plus any accrued bonus, is payable at the end of the policy term.
• Tax Benefits:
  • Policyholders are eligible for a 15% income tax rebate on the premium paid annually, as per government income tax policy.
  • The death and living claim amount is completely tax-free.

You can enhance your basic Takaful plan with one or more additional rider benefits:

• Akij Health Care Assure plan (HI)
• Akij Critical Illness Care Plan (CI)