Real Estate

Whole Life Assurance Endowment Assurance Jeevan Sathi Assurance


Product Takaful Golden Endowment Plan
Plan Type Shariah Compliant Bonus Based & Unit-Linked
Entry Age For Age 20 to 55 years, subject to a maximum maturity age of 75 years, 7 years term
Tenure Contribution Paying Term 7 years :
Coverage Term: 20 years
Minimum Contribution Annual: Rs. 15,000/-
Mode Annual
Riders  Term Takaful Rider (TTR) 
  Accidental Death Benefit
  (Note: - The contribution of supplementary riders would be payable for seven years only, whereases protection would be provided for entire membership Term. The maximum entry age allowed under TTR and ADB Rider is 55 years. Supplementary benefit under TTR and ADB would be subject to ceasing age of 70 years. )


This plan caters the needs of individuals who seek protection, saving and investment under Sharia principals. The plan shall fulfill their future needs like financial necessities after retirement, children Higer education and marriage, establish and expansion of business, purchase of land or renovation & construction of house and most importantly financial protection of a family in case o sudden death.

Takaful Golden Endowment is a unique saving and protection scheme which offer Takaful coverage of 20 years while only paying contribution for the first 7 years.

Death Benefits

Upon death of the participant during the membership term, Death Benefit equal to the Sum Covered plus declared bonuses will be payable from Participant Takaful Endowment Fund (PTEF). Additionally, Carrying Value of Participant Investment Account is also payable to the nominee.

Maturity Benefits
On maturity of the membership, Sum Covered and declared bonuses shall be payable from Participant Takaful Endowment Fund (PTEF) in addition to carrying value of Participant Investment Endowment Fund (PIEF). ADDITIONAL VALUE ADDED OPTIONS

1. Inflation Protection/Indexation:

The Participant can also opt to have indexed regular contributions by selecting any one of the following options:

i. Indexation of Contributions: -

Under this option, the Regular Contributions may be increased by 6% on every Membership Anniversary. The Sum Covered of the plan including those applicable to additional benefits (if any) will remain same and will not be subject to indexation under this option.

2. Fund Acceleration Contributions:

The Plan also offers flexibility to the Participant by providing an option to invest additional funds available to enrich savings. These lump-sum contributions are termed Fund Acceleration Contributions and can be placed anytime while the policy is in-force. Units will be credited to the Participant’s Investment Endowment Fund (PIEF) after deduction of applicable charges against the Fund Acceleration Contributions received. The minimum contribution shall not be less than Rs.10,000/-.