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Death Benefit
The sum assured in force will be payable in one lump sum upon death of the life assured.
Total and Permanent Disability (TPD)
In the event of TPD for the life assured, we will pay the sum assured in force. This will be paid in one lump sum.
In order for disability to be considered permanent, the disability must last continuously for a period of at least 6 months. The first day that the disability occurred will be considered the day that the disability started.
Open to all customers who take up Amanah Saham Bumiputra loan with CIMB Bank Berhad.
| Entry Age Limit of Life Assured (age as of last birthday) | Minimum Entry Age: 18 years old Maximum Entry Age: 60 years old Maximum Expiry Age: 70 years old |
|---|---|
| Sum Assured | Minimum: RM10,000 Maximum: No limit, but subject to underwriting if the accumulated risk is greater than the free cover limit. |
| Certificate Term | Minimum Term: 1 year Maximum Term: 30 years, or expires when the life assured reaches 70 years old, whichever is sooner. |