Mortgage Takaful for Hire Purchaser
Mortgage Takaful for Hire Purchaser provides Takaful coverage to participants who take up hire purchase financing or loan from banks or financial institutions due to untimely death or permanent total disablement.
Basic Scope of Cover
- Death or Permanent Total Disablement
Eligibility
- 18 years old and above and does not exceed 70 years old upon end of period of hire purchase financing or loan
Period of Takaful
- The period of cover is for the whole term of hire purchase financing or loan
