Giro Takaful Impian

Inspire your child to achieve the HIGHEST

POSSIBLE

Give only THE BEST for your child’s future

As a parent, a good education is the most valuable gift that you can give to your child. With the increasing cost of tertiary education and the unpredictable challenges in life, it is crucial to plan wisely to safeguard your child’s education from financial setbacks.

With Giro Takaful Impian, you can rest assured that you have prepared a solid foundation for your child. This plan also rewards your child for his or her academic excellence through a special benefit, the EduSmart Bonus.

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The Plan That Provides Security For Your Child and Rewards Excellence

Choice of expiry age

You can choose the plan to mature at age 25, 80 or 100.

Vary the amount of Takaful protection

You have the option to choose from a range of sum covered for death and disability benefit without affecting your contribution amount.

Enhance your child’s Takaful coverage

Enhance your child’s basic protection by adding various additional benefits available such as critical illness, medical and contributor benefits.

Build an education fund

PruBSN’s Shariah-approved Takafulink Dana Urus fund provides a potentially higher return than a bank saving account over the long term.

Fund withdrawal option

Make withdrawals to suit your financial needs at any time (minimum withdrawal of RM1,000 and remaining balance after withdrawal is at least RM1,000).

Tax relief This certificate may qualify you up to RM3,000 educational tax relief a year1.

Earn Loyalty Bonus1

Get a loyalty bonus worth 5% of your yearly protection contributions2 upon completion of the 10th certificate year, and subsequently every 3 years after that.

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1 Terms and conditions apply. 2 This is the contribution allocated into your Protection Unit

Account (PUA).

Award Academic Excellence

EduSmart Bonus3 awards your child for his or her academic excellence throughout the schooling years. The higher your contribution into the plan, the higher the award will be.

Exam

Award(% of yearly Contribution

Payout Example4

UPSR 50% RM600 5As

PT3 100% RM1,200 7As

SPM 150% RM1,800 8As

STPM or STAM 150% RM1,800 4As

GCSE 150% RM1,800 5As

A-Level 150% RM1,800 3As

IB 150% RM1,800 42 points

Diploma or Degree

200% RM2,400 3.5 CGPA or 1st class

Note:The list of exam is subject to national exams as listed by Malaysian Ministry of Education. For Diploma or Degree, PruBSN will only pay for courses offered by public universities in Malaysia, courses accredited by Malaysian Qualification Agency or Public Service Department of Malaysia. PruBSN reserves the right to change the EduSmart Bonus payout percentage at any time by giving you ninety (90) days’ notice.

3 Terms and conditions apply.4 Based on RM1,200 of yearly protection contribution.

MinimumAchievementRequirements

Award(% of yearlyprotection

contribution )

Basic Coverage

Death The sum covered and the remaining value in your account are payable upon the child’s demise.

Total and Permanent Disability (TPD)

The sum covered is payable when the child is totally and permanently disabled before the age of 70 or certificate expiry, whichever is earlier.

Benefits below the age of 5

In the event of critical illness, disability or loss of life before the age of 5, a reduced basic sum covered payable will be payable as follows. This is called a juvenile lien.

Age 1 2 3 45 and above

Percentage of Basic Sum Covered Payable

20% 40% 60% 80% 100%

Maturity Benefit The remaining value in your account is payable upon maturity.

Surrender The remaining value in your account is payable should you surrender your certificate.

5 Attachment of additional benefits is subject to underwriting and additional contribution.

How to further enhance your Giro Takaful Impian

Further enhance your child’s coverage by attaching these additional benefits5.

Protect against critical illness

Get financial protection against 36 critical illnesses through Crisis Shield.

Get medical and health coverage

Get daily hospitalisation income with Hospital Benefit or get daily hospitalisation income and cash benefits for surgical procedure with Medical Cover.For more medical coverage that includes day surgery and emergency treatment due to accidental injury, get Medic Essential.

Ensure continuous protection

Contributor riders will give you peace of mind knowing that your child plan will provide continuous coverage in the event of your disability, critical illness or demise when you attach Parent Contributor and Takaful Saver Parent Contributor.

Grow your savings fund

Invest with Takaful Saver to build your children’s education fund faster. You can also make a Single Contribution Top-up whenever you want to.

Easily choose the right Giro Takaful Impian package for your child

The following packages are available for your convenience. You may choose the package that suits your needs and affordability. Our Personal Financial Executives can always help you decide which one will work the best for you.

Choose What does your child needs?

Plan A Basic protection + minimum investment + basic medical coverage + continuous protection

Plan B Basic protection + moderate investment + basic critical illness protection + additional medical coverage + continuous protection

Plan C Basic protection + high investment + higher critical illness protection + essential medical coverage + continuous protection

Coverage

Benefit Plan A Plan B Plan C

Basic Coverage RM50,000 RM50,000 RM60,000

Crisis Shield – RM25,000 RM30,000

Hospital Benefit 2 units – –

Medical Cover – 2 units –

Medic Essential – – Plan 150

Parent Contributor Yes Yes Yes

Takaful Saver Parent Contributor Yes Yes Yes

Monthly contribution6

Table 1 Plan A Plan B Plan C

Protection Contribution RM50 RM55 RM120

Investment Contribution (Takaful Saver)

RM20 RM30 RM40

RM70 RM85 RM160

Table 2 Plan A Plan B Plan C

For child age 1 to 18 and parent age 41 to 45 at entry

Protection Contribution RM55 RM65 RM125

Investment Contribution (Takaful Saver)

RM20 RM30 RM40

RM75 RM95 RM165

Table 3 Plan A Plan B Plan C

Protection Contribution RM60 RM90 RM135

Investment Contribution (Takaful Saver)

RM20 RM30 RM40

RM80 RM120 RM175

6 For children aged 1 to 15 at entry, the plan expires at age 25. For children aged 16 to 18 at entry, the plan expires at age 80. Monthly contribution is based on standard cases for male non-smoker and the contribution amount may vary depending on the child’s age.

For child age 1 to 18 and parent age 19 to 40 at entry

For child age 1 to 18 and parent age 46 to 50 at entry

TotalContribution

TotalContribution

TotalContribution

What is Giro Takaful Impian?

Giro Takaful Impian is a regular contribution investment-linked plan that matures when your child reaches 25 years old. You also have the option for your child’s plan to mature at age 80 or 100. This plan not only provides protection for your child’s education fund and well-being, it is also flexible enough to suit you and your child’s changing needs.

How do I claim the EduSmart Bonus?

You can claim the EduSmart Bonus when your child achieves the minimum examination result required by following these steps:1. Ensure your contribution payment is up to date.2. Make a certified true copy of the original exam certificate.3. Submit the copy at any of PruBSN branches nationwide.4. Once verified, we will give you a cheque for your child’s

achievement.

How are my funds managed?

Giro Takaful Impian will help you build your savings by investing in PruBSN’s Takafulink Dana Urus fund.

Takafulink Dana Urus is a managed fund that seeks to maximise returns over the medium to long term. This is achieved by investing in Shariah-approved shares and securities through PruBSN’s Takafulink Dana Ekuiti fund and Takafulink Dana Bon fund and in any other such Takafulink funds that may become available in the future.

This fund is for participants with a moderate to high risk tolerance and a medium to long term investment horizon.

Who can take up Giro Takaful Impian?

You can take up this plan for your child from as young as 2 weeks old up to age 18 years old.

What are the charges involved in Giro Takaful Impian?

Giro Takaful Impian is based on the Wakalah Bil Ajr where we place your contribution into your account after we take a portion of it as a wakalah charge. This is the fee for the services we provide.

The details of the wakalah charge and other related charges are listed in the table below.

Charges type Details of charges

Upfront wakalah charge

This charge is used to pay commission and distribution related expenses as well as management expenses. The charge as a percentage7 of your protection contribution is shown below.

Certificate year 1 2 3 4 5 – 6

7 and above

Upfront wakalah charge

65% 40% 30% 20% 10% 0%

For Takaful Saver, the upfront wakalah charge is 5% throughout the certificate term. For Single Contribution Top-up, the charge is 5% for each top-up plus RM25 where the top-up is less than RM5,000.

Service charge There will be a service charge of RM5 a month unless you pay by cash or cheque in which case the charge will be RM6 per month. This charge is to cover the cost of servicing your certificate.

7 This is the charge for certificates with term of 20 years and more. For certificates with term less than 20 years, it will be reduced accordingly. Please refer to the plan illustration for more detailed information.

8 The exact amount of the distributable surplus will be determined annually and is subject to approval by both Shariah Committee and Board of Directors of Prudential BSN Takaful Berhad.

Asset management charge

We deduct this charge on a daily basis from your account to cover the costs of your investment management.

Takafulink Dana Urus

1.3% per annum

Tabarru’ We deduct an amount each month based on your age, gender, health status, occupation (if applicable), and amount of coverage for the duration of the coverage.

Will I receive any surplus from this plan?

You are entitled to receive at least 50%8 of the distributable surplus (if any) on yearly basis. The balance of up to 50%8 is shared with us as an incentive for managing the Tabarru’ Fund. Your portion of the distributable surplus will is placed back into your PUA.

Important notes

• This brochure does not form a contract between you and Prudential BSN Takaful Berhad. The full terms and conditions are set out in the certificate documents. Please ask for a sample of the terms and conditions should you need detailed information of the plan.

• This brochure is published for information only and does not have regard to the specific financial objectives, situation and needs of any specific person.

• In this brochure, Age refers to Age Next Birthday unless otherwise stated.

• 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.

• For Giro Takaful Impian, you are entitled for an educational tax relief in respect of your contribution of up to RM3,000 a year until the child is 25 years old. Upon transfer of ownership, your child will be entitled for individual medical/life tax relief of up to RM6,000. Tax relief is subject to terms and conditions of the Inland Revenue Board (IRB).

• The returns from your investment will be based on the actual performance of the fund and are not guaranteed.

• The investment risk of your fund is borne solely by you and the benefits may be less than your total contributions.

• You should continue paying your contributions regularly until the maturity of your plan to ensure that you or your child is fully protected under the plan at all times. Failing to do so may cease your coverage prematurely.

• Giro Takaful Impian does not provide any benefit amount from the Tabarru’ Fund on termination, expiry or maturity of certificate.

• The fees and charges of the plan may vary from time to time, for which 90 day’s notice given to you.

• The plan may be cancelled by a written request to us within fifteen (15) days from the delivery date of the certificate documents, in which case we shall refund the unallocated contribution, any Tabarru’ and service charge that have been deducted from contributions received from you plus the remaining value of units in your account less any medical

fees incurred by PruBSN in assessing the risk under the certificate.

• Participating in an investment-linked takaful plan is a long-term commitment. An early termination of the certificate usually involves high costs and the surrender value payable may be less than the total contributions paid.

• The loyalty bonus is not guaranteed. It is paid purely at our discretion and subject to terms and conditions that need to be fulfilled by participants in order to be eligible.

Exclusions

Giro Takaful Impian does not cover the following situations. If any of these happens, the benefits offered under the plan WILL NOT be payable to you.• If the loss of life occurs as a result of suicide within one year

of the inception date of the certificate.• If total and permanent disability occurs due to attempted

suicide or self-inflicted injury.• If the total and permanent disability occurs because you are

involved in dangerous aerial activities (including parachuting and sky-diving) unless you are part of a flight crew or as a paying passenger on a licensed commercial flight operating on a regular and designated route.

• If you do not disclose important information such as a pre-existing illness and so forth during your application for the plan.

• If the hospitalisation is caused by illness that started within 30 days from the certificate date.

• If symptoms of the critical illness started within 60 days prior to the certificate date for an angioplasty and other invasive treatments for coronary artery disease, cancer, coronary artery by-pass surgery, heart attack or serious coronary artery disease while 30 days for any other critical illness.

Find out how best to protect your family and yourself through a complete and suitable plan made especially for you. Get the most for you and your family from us. Contact any of our Personal Financial Executives or visit your nearest BSN branch to get yourself the right kind of protection today.

Takafulink funds are invested in Shariah-approved shares and securities.

Giro Takaful Impian is a Shariah-compliant product.

This plan is underwritten by:

For further information, please contact:

Prudential BSN Takaful Berhad is a registered Takaful Operator under the Takaful Act 1984 and is regulated by Bank Negara Malaysia.

For more information/enquiries, please contact:

Prudential BSN Takaful Berhad (740651-H)Level 8A, Menara Prudential, No. 10, Jalan Sultan Ismail,

50250 Kuala Lumpur.Tel (603) 2053 7188 Fax (603) 2072 6188

Email: customer@prubsn.com.my

log on: www.prubsn.com.my

Bank Simpanan NasionalWisma BSN, 117 Jalan Ampang

50450 Kuala LumpurTel:1300 88 1900

www.mybsn.com.my

Important: You must ensure that you are satisfied that this product will best serve your needs and that the contribution payable under the certificate is an amount that you can afford.

All information is correct at the time of print. Printed 1 April 2016.