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Credit Level Terms Takaful (CLTT)

A single contribution level term Takaful plan that provides financial protection against your mortgage in the event of Death or Total Permanent Disability.

How can CLTT help you?


  • Pays your outstanding of mortgage financing in the event of Death or Total and Permanent Disability (TPD)
  • Protects your family from losing their home in the event of unforeseen circumstances
  • 24 hours, worldwide coverage

Features


  • Guaranteed Acceptance for sum covered up to RM 200,0001 (per application)
  • Coverage up to RM 2 million for Death/Total Permanent Disability (TPD)2 to settle mortgage financing
  • Option to capitalise Single Contribution into the mortgage financing up to 5% of financing amount
  • Distribution of surplus paid during benefit payout or at maturity
  • Additional RM1,000 is payable to next of kin to pay for funeral expenses

1Applicable for financing applicant age 50 next birthday & below.

2Maximum amount payable for TPD is RM2 million and coverage is up to age 65.

Sum assured


  • Minimum coverage limit: RM10,000
  • Subject to underwriting should coverage limit exceed RM200,000
  • Level Sum Covered according to the remaining financing amount3

Coverage term


  • Minimum term: 5 years
  • Maximum term: 45 years or expiry at 75 years old (whichever is lower)

Entry age limit (age as last birthday)


  • Minimum entry age: 17 years’ old
  • Maximum entry age: 65 years’ old
  • Expiry age: 75 years old

How to apply?


  • Applicable to Maybank Home Loan/Financing customers only.
  • Make an appointment online today at www.maybank2u.com.my/ezyq to talk to our friendly Sales Representative

Terms and conditions


  • Other terms and conditions apply

PIDM protection


The benefit(s) payable under eligible certificate/product is(are) protected by PIDM up to limits. Please refer to PIDM’s TIPS Brochure or contact Etiqa Family Takaful Berhad or PIDM (visit www.pidm.gov.my).

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