[vc_row nfw_row_full_width=”yes” css=”.vc_custom_1438581518156{background-color: #f6c4df !important;}”][vc_column][vc_single_image image=”1810″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row el_class=”famtitle”][vc_column][nfw_headlines nfw_headline_title=”MORTGAGE TAKAFUL” nfw_headline_details=”Insurance Policy’s Introduction”][/vc_column][/vc_row][vc_row full_height=”yes” nfw_row_full_width=”yes” el_class=”fam_box1″][vc_column][vc_column_text]Provides takaful protection for any financial loan taken by individual(s) from Banks, financial institution or employer such as the Government in acquiring or purchasing fixed assets such as land, house, vehicles and other.[/vc_column_text][/vc_column][/vc_row][vc_row full_height=”yes” nfw_row_full_width=”yes” el_class=”fam_box2″][vc_column][vc_row_inner el_class=”fam_box2″][vc_column_inner width=”1/2″][vc_column_text]

Scope of Cover

  • Death of Permanent Total Disability due to accident and illness.

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Takaful Benefits

  • Peace of mind with assurance that any outstanding financing balance will be settled by IITFT in the event of untimely death or permanent total disability occurs within the financing period.
  • The Guarantor will be freed from any liability of the outstanding financing amount.
  • Your dependants will not be held liable for the outstanding financing amount and the property acquired will be inherited accordingly to them.

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Frequently Asked Questions (FAQs)

Q1 WHAT IS THE COVERAGE OF MORTGAGE?

A. Mortgage coverage is the protection of the loan or the loan balance if death or total permanent disability occurs to the borrower’s.

Q2 CAN MORTGAGE TAKAFUL SETTLE THE REMAINING BALANCE OF THE LOAN OR FINANCING IN FULL IF DEATH OCCURS BEFORE THE FINANCING PERIOD?

A. Yes, the loan or financing balance (excluding overdues balance amount) will be settled directly by Insurans Islam TAIB Family Takaful (IITFT).

Q3 HOW MUCH SHOULD I PAY FOR MORTGAGE TAKAFUL PLAN?

A.Your contributions will be based on:

a. Financing/Loan amount/ rate.

b.Term of Financing/ Loan

c. Age of Participant

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Get in touch with us

  • General Takaful Helpine: 222-3004
  • Business Hours:
    Monday–Thursday: 8:15 am–4:00 pm
    Friday:
    8:15 am - 11:15 am
    2:30 pm - 4:00 pm
    Saturday:
    8:15 am - 11:15 am
    1:30 pm - 3:30 pm **
  • ** For Land Transport and Labour Department only.
  • Family Takaful Helpine: 222-3006
  • Business Hours:
    Monday–Thursday: 8:15 am–4:00 pm
    Friday:
    8:15 am - 11:15 am
    2:30 pm - 4:00 pm
    Saturday: 8:15 am - 11:15 am
    1:30 pm - 3:30 pm **
  • ** For Labour Department only.