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Group Care (Life) Plan:

A specially designed Shari’ah compliant plan that provides financial stability to Companies/ Employer(s) by covering the lives of their Employees in providing protection benefits against death as well as other additional benefits including but not limited to Total Permanent Disability.

The plan ensures that cash will be available at any time such death or disability occurs and eliminates the need for the Companies/ Employer(s) to maintain reserves or special funds to cater for such unfortunate incidents at inappropriate times.

In addition, by providing such protection benefits, Employees are comforted in the knowledge that their loved ones will be cared for in the event of their untimely death (God forbid) whilst an Employee of such Companies and is thus a loyalty-builder tool in the hands of the Companies/ Employer(s).All benefit payments are made to the Company/ Employer, as the Policyholder, who in turn is responsible of payment to the Beneficiaries or heirs.

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