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Events | Benefits payable |
|---|---|
Death | The sum covered* less any unpaid contribution based on total outstanding balance at the date of the covered event. |
Total and permanent disability (TPD) | |
36 Critical illness (CI) |
*The sum covered is equal to the person covered’s credit card’s total outstanding balance at the date of the covered event, but not more than the card’s credit limit and subject to a maximum payment of RM150,000 per person covered. If multiple covered events on death/TPD/CI occur, the amount payable will be the sum covered as of the earliest occurrence of the covered event submitted.
Note: The total outstanding balance shall mean the last statement balance, plus the outstanding balance for Islamic credit card services (example: Cash Lite-i, Instalment Payment Plan, Flexi Payment Plan-i, balance conversion-i and/or any other services that may be introduced in future) to the person covered’s Islamic credit card account transacted prior to the covered event.
Note: Terms and conditions apply.
The benefit(s) payable under eligible certificate/policy/contract is(are) protected by PIDM up to limits. Please refer to PIDM’s Takaful and Insurance Benefits Protection System (TIPS) Brochure or contact Sun Life Malaysia Assurance Berhad or PIDM (visit www.pidm.gov.my).
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