PRUDENTIAL BSN TAKAFUL BERHAD

FAMILY TAKAFUL PLAN ILLUSTRATION

Quotation for razali

PruBSN Platinum

Presented by: razali z1a00022

Date:
18/11/2015
Version: SQS - Agency ver 2.7.1.0 a

Details

Person to be Covered

Name
Gender
Smoking status
Occupation class
Date of birth
Age next birthday
Annual income
Basic sum covered
Payment frequency
Payment method
Contribution Payment Term

: razali
: Male
: No
: Class 1
: 12/01/1993
: 23
: RM 30,000 p.a
: RM 100,000
: Yearly
: Debit / Credit Card
: 5 years

Fund invested for IUA**:

0% of Takafulink Dana Urus
0% of Takafulink Dana Bon
100% of Takafulink Dana Ekuiti
Projected MSA* Investment Profit

Gross

Scenario 1

3.00%

2.52%

Scenario 2

4.49%

3.89%

Net

Note : Net projected investment profit after tax

deduction
Details of plan
Coverage Term
(Years)

Plan
MaxiShield Account (MSA):
Basic:
PruBSN Platinum - Protection and Savings
Annual Cash Payout - year 2 to year 10
Annual Cash Payout - year 11 onwards
Maturity Benefit
Accidental Death/TPD Benefit
Additional Benefit(s):
Badal Hajj

Sum Covered (RM)

for 32 year(s)
for 9 year(s)
for 22 year(s)
for 32 year(s)
for 32 year(s)
for 32 year(s)

100,000
2,000 p.a.
4,000 p.a.
100,000
100,000
5,000

Total MaxiShield Account Contribution (A)

Investment Unit Account (IUA):
Basic:
PruBSN Platinum - Investment

for 32 year(s)
Total Investment Unit Account Contribution (B)
Wakalah Certificate Charge (C)
Total Contribution (A + B + C)

Description :

Contribution (RM)

48,145.00

69.00
RM 48,214.00

20,634.00
RM 20,634.00
RM 72.00
RM 68,920.00

PruBSN Platinum is a 5-years limited pay regular contribution Takaful plan that offers takaful protection, savings and investment for 32
years and combines Ordinary Family Takaful with Investment Linked Takaful.
A significant portion of your basic contributions will be allocated to a non-linked fund named the MaxiShield Account (MSA) while the
remainder will be invested in investment linked fund(s) of your choice through your Investment Unit Account (IUA).
This plan participates in surplus sharing.
It pays the Basic Sum Covered upon covered person's death or total and permanent disability during the term of the certificate.

Presented by :
Date :
Version :

razali z1a00022
18/11/2015
SQS - Agency ver 2.7.1.0 a

Page 1 of 15

Annual Cash Payout (ACP) is payable from the end of second year and annually thereafter from the MSA. This ACP amount will
double from the eleventh year onwards. In the event of insufficient amount in MSA to pay the Annual Cash Payout, payments from
Tabarru' Fund will make up for the shortfall in order to meet the cash payout amount provided all your contribution payments are
made before the end of the grace period.
Your chosen ACP plan is Classic which pays 2% of your basic sum covered at the end of the second to the tenth certificate year and
4% at the end of each certificate year from the eleventh year onwards while your chosen payout option for the ACP is - Accumulate in
IUA.
Maturity Benefit which is equal to your basic sum covered will be paid on the maturity date.
Upon certificate termination due to death, TPD, lapse or surrender, the Surrender Benefit, the amount left in your MSA (if any) and
value of units in IUA (if any) will be payable. All benefits will cease after the termination.
Accidental Death/TPD Benefit provide an additional lump sum amount equal to the basic sum covered in the event of death or total
and permanent disability due to accident during the term of the certificate.
Badal Hajj benefit is payable upon death or total & permanent disability of the covered person during the term of the certificate. This is
paid on top of the Basic Sum Covered benefit.
IMPORTANT:
THIS IS A TAKAFUL PRODUCT THAT IS TIED TO THE PERFORMANCE OF THE UNDERLYING ASSETS, AND IT IS NOT A PURE
INVESTMENT PRODUCT SUCH AS UNIT TRUSTS.
You should read this illustration together with the Fund Profile(s) of the investment fund(s ) which you have chosen. The Fund Profile
contains all the important information that you will need to know regarding the investment fund(s).
You should ask the agent/broker/financial adviser to explain to you about the insurance/tabarru charges and its effect on your future
insurance/takaful coverage.

Note(s):
* MSA refers to MaxiShield Account
** IUA refers to Investment Unit Account

Presented by :
Date :
Version :

razali z1a00022
18/11/2015
SQS - Agency ver 2.7.1.0 a

Page 2 of 15

Quotation for razali

PruBSN Platinum
SUMMARY ILLUSTRATION
This summary illustration is intended to show the movements of possible cash flows for the investment and the impact of charges on cash values based on illustration below.
It assumes that payments are paid on time before the end of the grace period.
Guaranteed

Non Guaranteed
MaxiShield Account

End of
Certificate
Year

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
25
30
32

Age

24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
48
53
55

Total
Contribution
(RM)

Wakalah
Certificate
Charge
(RM)

Death Sum
Covered 1
(RM)

Accidental
Death/TPD
Sum
Covered
(RM)

Surrender
Benefit
(RM)

Annual Cash
Payout
(RM)

Scenario 1

MSA
Contribution
(RM)

MSA Up
Front
Wakalah
Charge 2
(RM)

Total
Tabarru'
(RM)

MSA Cash
Value 3
(RM)

MSA
Investment
Profit
(RM)

MSA Cash
Value 3
(RM)

(b)

(c)

(d)

(e)

(f)

(g)

(h)

(i)

(j)

(k)

(l)

(m)

68,920
68,920
68,920
68,920
68,920
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

72
72
72
72
72
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000

100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000

3,084
7,562
12,891
18,805
25,337
26,659
28,049
29,512
31,052
32,672
34,376
36,169
38,056
40,041
42,130
44,327
46,639
49,072
51,632
54,325
70,052
90,331
100,000

0
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000

48,214
48,214
48,214
48,214
48,214
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

24,107
14,465
9,643
7,233
4,822
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

5,914
8,224
9,372
9,945
10,519
190
190
190
190
190
190
190
190
190
190
190
193
207
226
247
414
707
874

533
1,225
1,963
2,760
3,624
3,539
3,574
3,609
3,645
3,682
3,720
3,708
3,696
3,683
3,671
3,657
3,644
3,630
3,615
3,599
3,502
3,362
3,288

18,726
43,478
72,641
104,437
138,935
140,285
141,668
143,088
144,543
146,035
145,566
145,084
144,590
144,084
143,565
143,032
142,483
141,906
141,295
140,647
136,668
130,897
127,853

818
1,889
3,047
4,311
5,696
5,647
5,782
5,923
6,068
6,220
6,378
6,463
6,552
6,644
6,740
6,840
6,943
7,051
7,161
7,276
7,900
8,609
8,914

19,011
44,426
74,673
108,021
144,591
148,048
151,641
155,374
159,252
163,283
165,470
167,744
170,106
172,560
175,110
177,760
180,511
183,355
186,291
189,320
205,842
224,556
232,571

Consists of Basic Sum Covered, Term Protector (if applicable) and Badal Hajj (if applicable).
This represents a charge to your contribution and is used to meet the direct distribution cost and Prudential BSN Takaful Berhad (PruBSN) expenses.

MSA Cash Value assumes that the Annual Cash Payout for the year has been paid out.

Presented by :
Date :
Version :

MSA
Investment
Profit
(RM)

(a)

Scenario 2

razali z1a00022
18/11/2015
SQS - Agency ver 2.7.1.0 a

Page 3 of 15

Quotation for razali

PruBSN Platinum

SUMMARY ILLUSTRATION
This summary illustration is intended to show the movements of possible cash flows for the investment and the impact of charges on cash values based on illustration below.
It assumes that payments are paid on time before the end of the grace period.
Actual returns of the fund will fluctuate (i.e. rise or fall) each year based on the performance of the assets the fund invest in. The actual returns may even be below the projected rates or negative.
Non Guaranteed
Investment Unit Account
End of
Certificate
Year

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
25
30
32
2
4
5
6

Age

24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
48
53
55

Total

Scenario 1
Projected Investment
Return:(X% p.a.) 4

IUA
Contribution
(RM)

IUA
Up Front
Wakalah
Charge 2
(RM)

IUA
Allocated
Contribution
(RM)

(n)

(o)

(p)

(q)

20,634
20,634
20,634
20,634
20,634
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

1,032
1,032
1,032
1,032
1,032
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

19,602
19,602
19,602
19,602
19,602
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000

Annual Cash
Payout (IUA
Accumulation
Asset
Option)
Management
(RM)
Charge
(RM)
(r)
307
615
933
1,252
1,572
1,587
1,602
1,618
1,634
1,650
1,667
1,694
1,722
1,750
1,779
1,809
1,840
1,871
1,904
1,937
2,119
2,328
2,420

Scenario 2
Projected Investment
Return: (Y% p.a.) 4

Scenario 1

Scenario 2

IUA Cash
Value
(RM)

Asset
Management
Charge
(RM)

IUA Cash
Value
(RM)

Total
Surrender
Benefit 5
(RM)

Total Death
Benefit
(RM)

Total
Surrender
Benefit 5
(RM)

Total Death
Benefit
(RM)

(s)

(t)

(u)

(v)=(e)+(k)+(s)

(w)=(c)+(v)

(x)=(e)+(m)+(u)

(y)=(c)+(x)

19,654
41,359
63,180
85,118
107,177
109,703
112,302
114,977
117,729
120,561
125,476
130,539
135,756
141,131
146,669
152,376
158,257
164,318
170,563
177,000
212,266
253,302
271,545

317
656
1,026
1,421
1,841
1,972
2,112
2,261
2,420
2,589
2,770
2,972
3,187
3,416
3,660
3,919
4,196
4,491
4,805
5,139
6,401
7,859
8,526

20,897
45,173
71,039
98,598
127,962
138,353
149,412
161,184
173,714
187,052
203,248
220,478
238,808
258,307
279,051
301,119
324,597
349,573
376,145
404,414
512,204
643,158
703,107

41,464
92,399
148,712
208,360
271,449
276,647
282,019
287,577
293,324
299,268
305,418
311,792
318,402
325,256
332,364
339,735
347,379
355,296
363,490
371,972
418,986
474,530
499,398

146,464
197,399
253,712
313,360
376,449
381,647
387,019
392,577
398,324
404,268
410,418
416,792
423,402
430,256
437,364
444,735
452,379
460,296
468,490
476,972
523,986
579,530
604,398

42,992
97,161
158,603
225,424
297,890
313,060
329,102
346,070
364,018
383,007
403,094
424,391
446,970
470,908
496,291
523,206
551,747
582,000
614,068
648,059
788,098
958,045
1,035,678

147,992
202,161
263,603
330,424
402,890
418,060
434,102
451,070
469,018
488,007
508,094
529,391
551,970
575,908
601,291
628,206
656,747
687,000
719,068
753,059
893,098
1,063,045
1,140,678

Direct
Distribution
Cost 6
(RM)

12,635
7,717
5,885
3,378
2,124
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

This represents a charge to your contribution and is used to meet the direct distribution cost and Prudential BSN Takaful Berhad (PruBSN) expenses.
The projected investment returns used above are for illustrative purposes and not meant to show possible returns of your chosen investment fund(s). They are not guaranteed and not based on past performance.
This amount is the total surrender value, which includes the cash value of MSA, IUA and Surrender Benefit.
Cost directly attributable to the distribution channel for the marketing of this certificate, i.e. payments to agent. This cost is paid from the charges that are imposed on your certificate for services that agent will provide to

Presented by :
Date :
Version :

razali z1a00022
18/11/2015
SQS - Agency ver 2.7.1.0 a

Page 4 of 15

Quotation for razali

PruBSN Platinum
you for the duration of your certificate.

Presented by :
Date :
Version :

razali z1a00022
18/11/2015
SQS - Agency ver 2.7.1.0 a

Page 5 of 15

Quotation for razali

PruBSN Platinum

MATURITY BENEFIT
Guaranteed
Total
Final Year
Contribution Maturity Benefit
Annual Cash
Paid
(i)
Payout
(ii)
344,600

100,000

Non Guaranteed
MSA Cash Value on Maturity
(iii)
Scenario 1

Scenario 2

127,853

232,571

IUA Cash Value on Maturity

(iv)
Scenario 1
271,545

Scenario 2
703,107

Total Maturity Benefit

(v)=(i)+(ii)+(iii)+(iv)
Scenario 1

Scenario 2

499,398

1,035,678

Note: For "Accumulate in IUA" option, the IUA Cash Value on Maturity (iv) is inclusive of your Final Year Annual Cash Payout.
SUMMARY ILLUSTRATION DEFINITION
PruBSN believes it is important that you fully understand all the benefits under the certificate, and that you also understand how the cost of takaful
protection and distribution affect these benefits.
You should satisfy yourself that the plan serves your needs and that you can afford the contribution. You should ensure that the allocation of your
takaful contribution towards protection and investment meets your financial circumstances. If you need clarification, please contact your agent.
Participating in a regular contribution family takaful certificate is a long-term commitment. It is not advisable to hold this certificate for a short period of
time in view of the high initial costs.
Should you stop making regular contributions, the plan may continue for as long as the MSA balance is sufficient to cover for all tabarru' deductions,
Annual Cash Payout or charges under the certificate. If the amount left in MSA is insufficient, value of units in IUA will be deducted and credited into
the MSA. Your certificate will lapse once your MSA and IUA are depleted. The certificate will not lapse if you have completed all the contribution
payments before the end of the grace period. Once lapsed, all benefits under the certificate will cease.
In this plan illustration, Age refers to age next birthday.
The information set out below explains the individual items in the summary illustration table.
1. Total Contribution
Total Contribution is the amount that you pay for this certificate for the particular certificate year. The Total Contribution amount consists of wakalah
certificate charge, MSA and IUA contributions. Please take note that not all of the amount paid will be invested into the investment fund(s) you selected.
See explanation on unallocated and allocated contribution below.
2. Wakalah Certificate Charge
Wakalah certificate charge is a portion of your Contribution Paid that is used to cover for certificate servicing expenses.
The Goods and Services Tax (GST) is applicable on the wakalah certificate charge. Whenever the GST is applicable, the amount deducted for the
wakalah certificate charge is inclusive of GST based on an amount equivalent to its prevailing rate.
3. Death Sum Covered
This is the minimum amount to be received on death or when you become disabled. The benefit is only applicable as long as the certificate is in force.
You may increase the sum covered with minimum RM5,000 per increment during the first year of the certificate, subject to underwriting. Upon any
increase to your sum covered, all the basic benefits will be increased accordingly. The contribution will be increased as well from the inception of the
certificate. You may also reduce your sum covered subject to a minimum sum covered of RM25,000. Once sum covered is reduced, the contribution
payable, Accidental Death/TPD sum covered, Annual Cash Payout, Surrender Benefit and Maturity Benefit will be reduced accordingly. In addition, we
will also pay back the Surrender Benefit for the reduced amount.
Badal Hajj benefit of RM5,000 (if applicable ) will be payable on top of the basic sum covered upon death or total and permanent disability of the
covered person.
Death Sum Covered is guaranteed as in the event of deficiency in Tabarru Fund, PruBSN shall rectify the deficit through an interest free loan (Qard).
4. Accidental Death/TPD Sum Covered
This is an additional amount that will be payable upon accidental death or accidental total and permanent disability. The benefit is only applicable as
long as the certificate is in force.
Accidental Death/TPD Sum Covered is guaranteed as in the event of deficiency in Tabarru Fund, PruBSN shall rectify the deficit through an interest
free loan (Qard).
5. Surrender Benefit
This is the amount payable from the Tabarru' Fund if you surrender your certificate.
The amount varies based on your Basic Sum Covered, coverage term and time of your surrender.
6. Annual Cash Payout
The amount that you are entitled to receive at the end of every certificate year starting from the end of the second certificate year.
The Cash Payout is payable from the MSA and the account value will be reduced accordingly.
In the event of insufficent amount in MSA to pay the Annual Cash Payout, payments from Tabarru ' Fund will make up for the shortfall in order to meet
the cash payout amount provided all your contribution payments are made before the end of the grace period.
These payments from the Tabarru' Fund is one of the agreed benefits under the plan on the basis of mutual aid and assistance.
7. Allocated Contribution and Unallocated Contribution Charge (Up Front Wakalah Charge)
The allocated contribution will be used to invest in MSA and to purchase units in your chosen IUA investment fund(s).
The unallocated contribution charge is an upfront wakalah charge on the contribution paid and is used to meet PruBSN's expenses and direct
distribution cost, including the commissions payable to agent.
Agent is also be entitled to production and persistency bonus during the first three (3) years of the certificate, provided that the agent meets the
qualifying criteria set by PruBSN.
The allocated contribution and wakalah charge for this family takaful certificate are as per table below (as a % of contributions).
The wakalah charge percentage for this family takaful certificate might be different from which illustrated in the brochure, if loading(s) applies.
Presented by :
Date :
Version :

razali z1a00022
18/11/2015
SQS - Agency ver 2.7.1.0 a

Page 6 of 15

Quotation for razali

PruBSN Platinum

Certificate year
MSA contribution (RM)
Allocated contribution
Unallocated contribution

%
RM
%
RM

IUA contribution (RM)

Allocated contribution
Unallocated contribution

%
RM
%
RM

48,214.00
50.00
24,107.00
50.00
24,107.00
20,634.00
95.00
19,602.00
5.00
1,032.00

2
48,214.00
70.00
33,749.00
30.00
14,465.00
20,634.00
95.00
19,602.00
5.00
1,032.00

3
48,214.00
80.00
38,571.00
20.00
9,643.00
20,634.00
95.00
19,602.00
5.00
1,032.00

4
48,214.00
85.00
40,981.00
15.00
7,233.00
20,634.00
95.00
19,602.00
5.00
1,032.00

5
48,214.00
90.00
43,392.00
10.00
4,822.00
20,634.00
95.00
19,602.00
5.00
1,032.00

8. Total Tabarru'
The Tabarru' will be deducted from your MSA.
The illustrated Tabarru ' are based on current levels. These are not guaranteed and may be varied from time to time by giving ninety (90) calendar days
prior written notice to you.
Tabarru' are deducted monthly from the amount in your MSA to pay for your takaful coverage. The Tabarru ' for takaful coverage varies by age next
birthday, gender, smoking status, occupation class, medical rating and sum covered. The Tabarru' will increase as you grow older.
The Tabarru ' for your protection (basic and rider ) benefits and Tabarru' for supporting the Annual Cash Payout will be deducted throughout the benefit
term while the Tabarru' for the Maturity Benefit will be deducted throughout the contribution payment term.
The Goods and Services Tax (GST) is applicable on the Tabarru ' for non-life coverages. Whenever the GST is applicable, the amount deducted for the
Tabarru' is inclusive of GST based on an amount equivalent to its prevailing rate.
Non-life coverages under the GST Act include hospital and surgical (medical), personal accident, and critical illness.
9. MSA Investment Profit
You will receive all investment profit arising from MSA which will remain in your MSA.
The investment profits illustrated here are for illustration purposes only and are NOT GUARANTEED. The actual return may be below the projected
rates or negative. The actual investment profit that would be declared may be more or less, depending on the operating and investment results
experienced by PruBSN.
Please refer to the Projected MSA Investment Profit table in page 1 for scenario 1 and scenario 2.
10. MSA Cash Value
The MSA Cash Value illustrates the benefits payable based on the investment strategy for this type of plan, PruBSN current practices and assessment
of future experience in scenario 1 and scenario 2 investment profit scenarios.
The accumulated value may fall below the total contributions in the MSA, depending on the actual performance of the fund.
Past actual performance is not a guide to future performance, which may be different.
The risk of investment is borne solely by you and the benefits may be less than your total contributions paid.
11. Annual Cash Payout (IUA Accumulation Option)
This refers to the Annual Cash Payout amount being reinvested in the IUA (if Accumulation option is selected) in Takafulink Dana Bon.

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12. Projected Investment Return

X assumes 2.00% gross investment return in the IUA (Regular Contribution) and 4.00% growth in the IUA (Cash Payout Accumulation).
Y assumes 9.00% weighted gross investment return in the IUA (Regular Contribution), and 7.00% gross investment return in the IUA (Cash Payout
Accumulation) for the first twenty (20) years. Beyond the 20th year, Y assumes 6.00% in the IUA (Regular Contribution), and 5.00% in the IUA (Cash
Payout Accumulation).
The returns of X% and Y% have been used respectively to represent the range of possible weighted returns on the funds selected.
Please refer to the Fund Profile(s) for the past IUA actual annual investment returns. The Fund Profile can be downloaded from our website at www.
prubsn.com.my.
13. Asset Management Charge
This refers to the annual management fee (% of investment fund) deducted to cover the cost of managing the IUA investment fund(s ). It will be
deducted on a daily basis based on your account value as follows;
Takafulink Dana Urus

1.3% per annum

Takafulink Dana Bon

0.5% per annum

Takafulink Dana Ekuiti

1.5% per annum

14. IUA Cash Value

This is the projected value of the IUA at any particular point in time.
The risk of investment is borne solely by you and the benefits may be less than your total contributions paid.
15. Total Surrender Benefit
This is the projected value of the amount in MSA, the units in IUA and the Surrender Benefit at any particular point in time that you may receive if you
surrender the certificate and is net of tax and all applicable charges.
If the certificate is terminated early, you may get less than the amount of contributions paid.
16. Total Death Benefit
This is the amount that will be payable on your death. The Total Death Benefit consist of the Death Sum Covered and the Total Surrender Benefit, if
any.
If the death is due to suicide within the first certificate year, no takaful coverage will be payable, but the remaining amount in MSA, value of units in IUA
and Surrender Benefit will be payable.
17. Direct Distribution Cost
This is the commission payable to the agent which comprises of basic commission, production and persistency bonus.
Commissions
Commissions borne by you and paid from
your contributions
End of
Certificate
Year

1
2
3
4
5

Proportion of
Contributions Deducted
for Commissions
(%)

Actual Amount
(RM)

18.33
11.20
8.54
4.90
3.08

12,635.00
7,717.00
5,885.00
3,378.00
2,124.00

The above illustration assumes a family takaful product for a 5-year contribution payment term and an annual contribution of RM 68,920.

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Appendix

DEFINITIONS
The Takaful Concept
Takaful is a mutual assistance concept based on the principles of shared responsibility, cooperation and common interest. Each Participant contributes on
the basis of Tabarru' (donation) into a fund that will be used to support each other in times of need.
MaxiShield Account (MSA)
The account where part of the contributions and surplus and/or profit arising shall be paid.
Investment Unit Account (IUA)
The account where part of the contributions will be used to purchase units for investment purpose.
Surplus
The surplus arising from the Tabarru' funds, inclusive of investment profit after claims payable. The surplus, if any, is calculated and distributed between
the Participant and PruBSN in the stated proportion. The treatment for the surplus on each Tabarru' Fund will be carried out separately.
Tabarru'
A donation of a specified portion from the contribution into the Tabarru Funds for the purpose of mutual aid and assistance among fellow Participants
according to the agreed benefits under the plan.
Tabarru' Funds
The funds where the Tabarru ' Deductions from the Participants are pooled together and placed into two Tabarru' Funds. The segregation of Tabarru '
Funds is taking into account the differentiation in the classification of risks. One of the fund is used to pay the agreed life protection benefits in the event
of death, TPD, Accidental death/TPD and Critical Illness while the other fund is used to pay the agreed benefits on Maturity Benefit during maturity and
supporting the Annual Cash Payout in the event of poor investment performance.The funds are used to pay the agreed benefits under the plan on the
basis of mutual aid and assistance. All costs, expenses, charges and levies for maintaining the assets of the Tabarru ' Funds and any other related
expenses will be borne by and paid from the Tabarru' Funds.
Wakalah Charge
Any charges that the Participant pays to PruBSN for the services rendered. These charges consist of commission and distribution related charge, wakalah
certificate charge and asset management charge.
Commission and Distribution Related Charge
Comprises of the agent's commission and distribution related expenses.
Wakalah Certificate Charge
Comprises of the certificate servicing expenses.
Asset Management Charge
Comprises of the investment management expenses for the IUA.
Goods and Services Tax (GST)
The goods and services tax that may be imposed under Malaysia's Goods and Services Tax Act 2014 which includes any revision that would be made
from time to time.
Grace Period
You are given a grace period of sixty (60) days from the contribution due date before the certificate is at risk of lapse due to the missed payment.
Free Look Period
You are required to study the plan illustration and pay particular attention to the benefits which are guaranteed and benefits which are not guaranteed.
You may cancel the certificate within 15 calendar days from the delivery date of the certificate documents.

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Appendix
BRIEF DESCRIPTIONS OF THE PLAN
Basic Benefits
- In the event of death during the certificate term or total and permanent disability, the Basic Sum Covered from the Tabarru Fund will be payable. In
addition, the Surrender Benefit, the value of the fund in MSA and the value of the units in IUA will also be payable. The value of units will be based on
the unit price at the next valuation date following the official notification date. Total and permanent disability benefit will cease at age 70 or at certificate
maturity date, whichever is earlier.
- An additional lump sum amount equal to the Basic Sum Covered will be made payable in the event of death or total and permanent disability due to
accidental causes during certificate term or before age 70, whichever is earlier. This benefit is on top of the normal death or total and permanent
disability benefits.
- The maximum benefit payable for total and permanent disability is RM4 million per life.
- The maximum benefit payable for death and total and permanent disability due to accident is RM2 million per life.
- In the event of surrender, the surrender value of the certificate is payable. The surrender value consists of the Surrender Benefit, the value of the fund
in MSA and the value of the units in IUA (if any). The value of units will be based on the unit price at the next valuation date following the notification of
surrender.
Annual Cash Payout
- The Annual Cash Payout is payable at the end of the second certificate year and subsequently every end of certificate year until maturity.
- The amount you receive for the Annual Cash Payout will be doubled at the end of the eleventh certificate year onwards.
Maturity Benefit
- On the Maturity Date, the Maturity Benefit which is equal to the Basic Sum Covered will be payable.
Surrender Benefit
- Upon surrender, death or total and permanent disability before age seventy (70), the Surrender Benefit at that point of time will be payable.
Options
Non-payment of contribution:
- If the amount left in MSA is insufficient because you stop making regular contributions, value of units in IUA will be deducted and credited into the MSA
to cover for all tabarru' deductions and Annual Cash Payout. Your certificate will lapse once your MSA and IUA are depleted.
Lapse and non-revival:
- The certificate will be terminated if there are missed payments of contribution that leads to insufficient value in MSA and insufficient units in IUA for the
tabarru' deductions, Annual Cash Payout or charges under the certificate.
- Upon termination of the certificate, all benefits will cease. We will pay the Surrender Benefit, the amount left in MSA (if any) and value of units in IUA (if
any) to the Participant.
- Once terminated, the certificate will not be allowed for any revival.
Fund switching:
- Units can be switched between Takafulink funds at any time. You have the flexibility to switch funds for your IUA without any charge up to four (4)
switches per year. Any subsequent switches within the year, you will be charged a processing fee of 1% of the switched amount subject to maximum
of RM50 per switching application.
- Amount deducted for fund switch charge are inclusive of GST.
IUA Contribution re-direction:
- You may revise your choice of Takafulink fund (in multiple of 5%) for your regular IUA contribution.
Partial Withdrawals:
- Partial withdrawal is available and will be made from your certificate.
- There is a three (3) years waiting period from inception before you can make a withdrawal from your accounts. The minimum withdrawal amount is
RM1,000 and the minimum balance in MSA and IUA after the withdrawal is RM10,000.
- The withdrawal amount will be taken proportionately from your MSA, your IUA and the Surrender Benefit as determined by us.
- Please be advised that any withdrawal from MSA and IUA will REDUCE all your benefits and is not reversible. Your new REDUCED benefits is
equivalent to a portion of your original benefit as determined by us based on the amount remaining in MSA. Future contribution will be reduced in
accordance to the reduction in benefit. The minimum new basic sum covered after withdrawal is RM5,000.
Option to vary sum covered
- You may increase the sum covered with minimum RM5,000 per increment during the first year of the certificate, subject to underwriting. You may also
reduce your sum covered subject to a minimum sum covered of RM25,000.
Tabarru' amount and wakalah charges
- Tabarru' amount which is based on age next birthday, gender, smoking status, occupational class, medical rating and the sum covered is levied
monthly. The Tabarru' for your protection (basic and rider ) benefits and Tabarru ' for supporting the Annual Cash Payout will be deducted throughout
the benefit term while the Tabarru' for the Maturity Benefit will be deducted throughout the contribution payment term.
- Wakalah certificate charge of RM 72.00 is levied Yearly.
- Asset management charge for IUA will be deducted on a daily basis .
- Tabarru' amount and wakalah charges above may be varied from time to time by giving 90 calendar days written notice to the Participants.
- The amount deducted for the Tabarru' and wakalah certificate charge are inclusive of GST where applicable.

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Appendix
BRIEF DESCRIPTIONS OF THE PLAN
Surplus sharing
- You will receive 50% of the surplus (if any), inclusive of investment profit, arising from Tabarru' at the end of each financial year and such amount will
be credited into MSA. PruBSN will take 50% of the distributable surplus (if any) as the incentive for managing the Tabarru' funds.
Total and Permanent Disability
- For disability before 60 years old, total and permanent disability means the complete inability to engage in any occupation and to perform any work for
remuneration or profit. The disability must be permanent and must last for at least 180 consecutive days.
- For disability above 60 years old, total and permanent disability means that covered person is unable to perform at least three (3) of the activities of
daily living either with or without the use of mechanical equipment, special devices or other aids and adaptations in use for disabled persons. The
disability must be permanent and must last for at least 180 consecutive days.
- In addition of the above definitions, the following disabilities will also be regarded as total and permanent disability regardless of disability age:
(a) Total and irrecoverable loss of sight of both eyes.
(b) Loss by severance of two (2) limbs at or above the wrist or ankle.
(c) Loss of sight of one (1) eye and one (1) limb at or above the wrist or ankle.
Claims Submission:
- If you need to make a claim, you must send us a written notice to the following address. For accidental claims, it should be within 30 calendar days
while for other claim within 60 calendar days from the event date:
Prudential BSN Takaful Berhad
Level 8A, Menara Prudential,
No. 10, Jalan Sultan Ismail,
50250 Kuala Lumpur.
- Once we have received the notice, we will let you know what documents we need so that we can process your claim.
Notes:
- The contributions and Tabarru ' rates are not guaranteed. In the event of adverse experience in claims or investment performance, we reserve the right
to revise the rates by giving you ninety (90) days notification and you may be required to pay additional contribution and Tabarru ' for Maturity Benefit
due to the revision even after the Contribution Payment Term.
- PruBSN Platinum is a Shariah-compliant product.

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Appendix

Additional Benefits

Badal Hajj benefit is payable upon death or total and permanent disability of the covered person during the term of the certificate. Badal Hajj is a benefit
whereby a nominee performs Hajj on behalf of the covered person in the event of death or total and permanent disability. This is paid on top of the Basic
Sum Covered.

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PRODUCT DISCLOSURE SHEET

Read this Product Disclosure Sheet before you decide to take up PruBSN
Platinum. Be sure to also read the general terms and conditions.

PruBSN Platinum
18/11/2015

1. What is this product about?

This product is a 5-years limited pay regular contribution Takaful plan that offers takaful protection, savings and investment for 32 years and
combines Ordinary Family Takaful with Investment Linked Takaful. The benefit is payable upon death during certificate term or total and permanent
disability before age seventy (70) during the term of the certificate.
A significant portion of your contribution will go into an Ordinary Familiy Takaful non-linked fund which will be used for your protection and savings
while the remaining balance will be invested in Investment-Linked Takaful investment linked fund(s) of your choice for your investment.
The Ordinary Family Takaful portion will provide Death Benefit, Total or Permanent Disability Benefit, Accidental Death Benefit, Annual Cash Payout
and Maturity Benefit.
The Investment Linked Takaful portion will provide you with investment opportunity by allocating 95% of your contribution into investment linked
fund(s) of your choice.
2. What are the Shariah concepts applicable?
Tabarru' - A donation of a specified portion from the Contribution into the Tabarru' Funds for the purpose of mutual aid and assistance among fellow
Participants according to the agreed benefits under the plan.
Wakalah Bil Ajr - An arrangement appointing PruBSN to manage the overall services provided under your certificate. We will take a portion of your
contribution in return of these services, which include commission, distribution related charge, wakalah certificate charge and asset management
charge.
3. What are the covers/benefits provided?
PruBSN Platinum
Death Benefit
- Basic Sum Covered
Total and Permanent Disability Benefit
- Basic Sum Covered
Accidental Death/TPD Benefit
- Accidental Death Benefit
- Accidental Total Permanent and Disability Benefit
Annual Cash Payout
- Year 2 to year 10
- Year 11 onwards
Maturity Benefit
- On the certificate maturity date
Surrender Benefit
- During certificate term

Badal Hajj
- Death Benefit
- Total and Permanent Disability Benefit

Sum Covered

Term

RM 100,000

32 years

RM 100,000

32 years

RM 100,000
RM 100,000

32 years
32 years

RM 2,000
RM 4,000

9 years
22 years

RM 100,000

32 years

Please refer to Summary

Illustration Table

32 years

RM 5,000
RM 5,000

32 years
32 years

Funds chosen:
IUA (Regular Contribution):
Takafulink Dana Ekuiti :

100%

IUA (Cash Payout Accumulation):

Takafulink Dana Bon :

100%

Note:
1. Each IUA contribution received will initially be invested into the funds stated above.
2. However, you can switch part or all of the IUA balance to other funds.
Reminder: Please read the marketing literature which include product benefits and objective of the investment-linked fund. It is important to select a fund
or a combination of funds that suit your financial goals and risk profile.

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4. How much contribution do I have to pay?
The total contribution that you have to pay and the certificate terms may vary depending on the underwriting requirements of PruBSN.
The estimated total contribution that you have to pay: RM 68,920.00 Yearly for 5 years with the following breakdown.
MaxiShield Account:
Investment Unit Account:
Wakalah Certificate Charge:
Total Contribution:

RM 48,214.00
RM 20,634.00
RM 72.00
RM 68,920.00 Yearly

Contributions paid until age 28.

It is important that any receipt that you receive should be kept as proof of payment of contributions.
For IUA contributions, we will allocate a portion of the contribution to purchase units in the investment-linked fund(s ) that you have chosen. Any
unallocated amount will be used to pay wakalah charges, which include commissions to agents and other expenses incurred by PruBSN. You are
advised to refer to the allocation rates given in the plan illustration.
5. What are the charges I have to pay?
Up Front Wakalah are deducted upfront as a percentage of the contribution and is used to meet PruBSN's expenses and direct distribution cost,
including the commissions payable to agent.
Your Up Front Wakalah is 18.99 % of contribution or RM 65,430.00 out of RM 344,600.00.
The Tabarru' is deducted monthly from the value of your MSA. The Tabarru' will increase as you grow older.
The Goods and Services Tax (GST) is applicable to the Tabarru ' for non-life coverages. Whenever the GST is applicable, the amount deducted for
the Tabarru' are inclusive of GST based on an amount equivalent to its prevailing rate.
Non-life coverages under the GST Act include hospital and surgical (medical), personal accident, and critical illness.
Other charges are as follows:
- Wakalah certificate charge of RM 72.00 is levied Yearly.
- Asset management charge for IUA, which will be deducted on a daily basis based on your account value as follows;
- Takafulink Dana Urus
- Takafulink Dana Bon
- Takafulink Dana Ekuiti

1.3% per annum

0.5% per annum
1.5% per annum

- Fund switch charge is set at 1% subject to a maximum of RM50. Four (4) free switches are allowed for every certificate year.
Other charges such as fund switch charge and wakalah certificate charge are charged GST based on an amount equivalent to its prevailing rate.
Charges/fees are not guaranteed and may be varied from time to time. We will give you a 90 days written notice before any changes are made.
Please note that you may need to pay additional contribution and Tabarru' for Maturity Benefit even after the Contribution Payment Term if there is
any increase in your Tabarru' deductions.
6. What are some of the key terms and conditions that I should be aware of?
General
Importance of disclosure:
- Pre-contractual duty of disclosure you have a duty disclose all material facts, including but not limited to medical condition, and state your age
correctly. You have a duty to disclose any relevant information that you know or are expected to know to the best of your knowledge and in good
faith.
- The general duty of disclosure shall apply continually and will require you to inform us upon any change of such information disclosed or any new
information relevant to this certificate/ proposal.
Free-look period - you may cancel your certificate by writing to us and returning the certificate within fifteen (15) calendar days from the delivery
date of the certificate. PruBSN will refund to you the amount left in your MSA, the value of your IUA units that have been allocated at unit price at the
next valuation date and any wakalah certificate charge, Tabarru' deduction, up front Wakalah Charge and GST (if any) that have been deducted less
any medical charge incurred by PruBSN.
Cash value - total value of the amount in your MSA and the value of units in your IUA. This depends on the performance of the MSA fund and the
IUA investment-linked funds selected.
Grace period - you are given a grace period of sixty (60) days from the contribution due date before the certificate is at risk of lapse due to the
missed payment.
Lapse of certificate - the certificate will be terminated if there are missed payments of contribution that leads to insufficient value in MSA and
insufficient units in IUA for the tabarru' deductions, Annual Cash Payout or charges under the certificate. Once terminated, the certificate will not be
allowed for any revival. All benefits will cease and we will pay the Surrender Benefit, the amount left in MSA (if any) and value of units in IUA (if any)
to you.
Pre-existing condition - any injury or illness that the Covered Person has knowledge of prior to the commencement date of the certificate.
In the event of total and permanent disability before age seventy (70), a lump sum amount is payable under all certificates with PruBSN is up to
RM1 million per covered person. The balance (if any) is paid on the first anniversary of the Covered Person's total and permanent disability subject
to proof of continued disability. Upon earlier death, the balance of any unpaid benefit is paid immediately. The maximum payable total and
permanent disability benefit under all certificates is RM4 million per covered person.
Note: This list is non-exhaustive. Please refer to the certificate document for the terms and conditions under this certificate.

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7. What are the major exclusions under this certificate?
Death
If the death is due to suicide within the first certificate year, no takaful coverage will be payable, but the remaining value in MSA, IUA and Surrender
Benefit will be paid.
Total and Permanent Disability
Attempted suicide or self-inflicted injuries while sane or insane.
Engaging in aerial flights including parachuting and sky-diving other than as a crew member of or as a fare-paying passenger on a licensed
passenger-carrying commercial aircraft operating on a regular scheduled route.
Any pre-existing condition that were not disclosed to us in relation to the Covered Person's health status. This is applicable within twelve (12)
months from the date the certificate becomes effective. Any pre-existing condition that were not disclosed to us after the twelve (12) months will be
handled in accordance with Schedule 9 of the Islamic Financial Services Act 2013.
Accidental
War, invasion, act of foreign enemy hostilities whether it is declared or not, civil war, rebellion, revolution, insurrection, military or usurped power,
direct participation in riot, strike, or civil commotion.
Any violation or attempted violation of the law or resistance to arrest.
Attempted suicide or self-inflicted injuries while sane or insane.
Pregnancy (current and previous pregnancies and related complications), child birth (including surgical delivery and any surgical or non surgical
procedure of the female reproductive system during surgical delivery), miscarriage, abortion and prenatal or postnatal care and surgical, mechanical
or chemical contraceptive methods of birth control, treatment pertaining to infertility as well as erectile dysfunction, and tests or treatment related to
impotence or sterilization.
Pre-existing physical or mental defect or infirmity.
Engaging in professional sports, scuba diving, racing of any kind, aerial flights other than as crew member of or as a fare-paying passenger on a
licensed passenger-carrying commercial aircraft operating on a regular scheduled route or any dangerous activities or sports (including bungee
jumping, hang-gliding, ballooning, parachuting and sky-diving), unless agreed to by a special endorsement.
Taking drugs or narcotic unless taken as prescribed by a qualified doctor or physician.
Alcohol and drugs intoxication.
Any insect bite including mosquito bites and worm infestation.
Note: This list is non-exhaustive. Please refer to the certificate document for the terms and conditions under this certificate.
8. Can I cancel my certificate?
Participating in a regular contribution family takaful plan is a long-term financial commitment. It is not advisable to hold this certificate for a short period of
time in view of the high initial costs. If you find that the investment linked fund(s) that you have chosen is no longer appropriate, you have the flexibility to
switch fund and are allowed four switches per certificate year without any charge. You may cancel your certificate by giving a written notice and returning
the original certificate documents to PruBSN.
9. What do I need to do if there are changes to my contact details?
It is important that you inform us about any change in your contact details to make sure that all correspondence reaches you on time.
10. Where can I get further information?
Should you require additional information about family takaful, please refer to the insurance info booklet on 'Family Takaful', 'Medical and Health Takaful'
and 'Investment-linked Takaful', available at all our branches or you can obtain a copy from your agent or visit the website at www.insuranceinfo.com.my.
If you have any enquiries, please contact us at:
Prudential BSN Takaful Berhad (740651-H)
Level 8A, Menara Prudential,
No. 10, Jalan Sultan Ismail,
50250 Kuala Lumpur.
Tel : 03 2053 7188 Fax : 03 2072 6188 E-mail: customer@prubsn.com.my
You can also log on to our website at www.prubsn.com.my
11. Other similar types of family takaful cover available:
Please contact your agent or PruBSN for other types of similar covers available.
IMPORTANT NOTE:
PARTICIPATING IN A FAMILY TAKAFUL PLAN IS A LONG-TERM FINANCIAL COMMITMENT. YOU MUST CHOOSE THE TYPE OF CERTIFICATE
THAT BEST SUITS YOUR PERSONAL CIRCUMSTANCES. YOU SHOULD READ AND UNDERSTAND THE TAKAFUL CERTIFICATE AND
DISCUSS WITH THE TAKAFUL REPRESENTATIVE OR CONTACT US DIRECTLY FOR MORE INFORMATION.
THIS IS A TAKAFUL PRODUCT THAT IS TIED TO THE PERFORMANCE OF THE UNDERLYING ASSETS, AND IT IS NOT A PURE INVESTMENT
PRODUCT SUCH AS UNIT TRUSTS. YOU MUST EVALUATE YOUR OPTION CAREFULLY AND SATISFY YOURSELF THAT THE INVESTMENTLINKED TAKAFUL PLAN CHOSEN MEETS YOUR RISK APPETITE, AND THAT YOU CAN AFFORD THE CONTRIBUTION THROUGHOUT THE
CERTIFICATE DURATION. RETURN ON AN INVESTMENT-LINKED FUND IS NOT GUARANTEED.
The information provided in this disclosure sheet is valid as at 18/11/2015.

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