MaaxUmaat

MaaxUmaatEnjoy Tranquility in Life
Description
Every individual dreams of having the most and the best of everything.
Every breadwinner of the family will always endeavor tirelessly to provide the best for their families' needs - physical, mental and economic.
This is not always easy, as it has been said "The sky is not always blue." Tomorrow is not something that we can take for granted for while it may bring joy, it may also bring sorrow.
Now your journey of life can be full of brightness and blue skies - you need not worry about those dark clouds on the horizon by choosing MaaxUmaat from MAA Assurance.
MaaxUmaat is a unique plan that provides protection and returns through regular savings in order to ensure the future of you and your family is safeguarded.
Benefits
Basic Protection
You have a choice of how much Life Insurance you want which is called the Basic Sum Assured. The Basic Sum Assured can be increased or decreased subject to current underwriting requirements. Upon death both the Basic Sum Assured and the Investment Account balance are payable.
Upon Total and Permanent Disability before age 65, the Basic Sum Assured is payable and you have the choice of:
Terminating the policy and receiving the Investment Account value; or
Continuing with the Investment Account
Khusus Protection
Funeral Expenses (Khairat Kematian) of RM2,000. This benefit is payable within 24 hours of presentation of claim supported by certified copy of Police Report and Death Certificate.
An additoinal benefit of RM5,000 is payable on death, where the beneficiary has an option to use the benefit for the purpose of:
Repatriation Benefit - Transportation of the body or mortal remains of the insured person back to Malaysia.
Ziarah - Cost incurred in funeral/flight/hotel etc for insured family to arrange for funeral outside Malaysia.
Other purposes.
Ziarah Protection
100% of the Rider Sum Assured is payable in the event of Accidental Death or Total and Permanent Disability (Maximum RM100,000)
200% of the Rider Sum Assured is payable if Accidental Death or Total and Permanent Disability occurs in Saudi Arabia during Haj / Umrah (Maximum RM200,000).
Riyal Benefit
Guaranteed Cash Payment of up to RM3,000 (your choice of a multiple of RM300) at the end of every 3 policy years.
Investment Account
You have a choice of professionally managed, Syariah-compliant MAA investment-linked funds to choose from, depending on your investment objectives, risk profiles and investment horizons. You also have the flexibility to switch your investments between these funds as your risk profile changes.
MaaxUmaat gives you the flexibility to top-up on a regular basis with MaaxSaver, which starts from as low as RM50 a month. In addition, you also have the flexibility to top-up your investment at any time with a minimum lump sum payment of RM2,000. These top-up facilities are available to you to maximise your investment.
Who is Eligible?You can be insured with MaaxUmaat if you are between 30 days and 69 years of age; however, the policyholder must be at least 18 years old.
What about the Premium Rates?MaaxUmaat can be yours for as little as RM50 a month or RM600 a year. You have the flexibility to pay the premiums monthly, quarterly, half-yearly or annually.