COMPARISON TABLE

No Description Old Policy New Policy

1 Policy number U550675435 S122241A07
2 Plan type MRTA A-Life Signature-i
3 Basic Plan Coverage Death Death
TPD
4 Riders A-Plus Waiver-I (CI waiver)
5 Sum Assured/Covered RM 230,000 RM 1,000,000
6 Coverage Term 30 years Until 70 years old
7 Premium Paying Term 30 years 20 years
8 Premium Amount RM 908.78
9 Payment Frequency Once (included in loan amount) Monthly
10 Purpose 1. Coverage for home loan 1. Coverage (mortgage life) for
taken with AIA in 2006 for a new property bought in
financing of Client’s house in 2017
Alam Damai, Cheras 2. Coverage for haji planned in
2019
3. Income replacement in the
event of death/TPD
4. Takaful hibah to ensure that
the welfare and financial
need of spouse and children
are fully protected
11 Others 1. AIA Home Loan was fully 1. Preferable due to Shariah-
settled through refinancing compliance
with other financial
institution in 2012, hence the
policy no longer has any
purpose
2. Conventional financial
transaction is no longer
preferred due to the
abundance of takaful product
in the market