What does SmartSaver, Deductible or Co-Takaful mean?

SmartSaver is the amount that you must first pay regardless of the total cost of eligible benefits per disability (excluding the cost of daily room & board). In the case of a SmartSaver300, you will have to pay the first RM300 of the total cost of eligible benefits per disability (excluding the cost of daily room & board). The remaining balance of eligible benefits will be covered by the Tabarru` Fund up to the annual and lifetime limits, subject to reasonable and customary charges.

Deductible is the amount that you must first pay out of the total accumulated eligible benefits (excluding the cost of daily room & board) within a year. In the case of a High Deductible of RM20,000, you will have to pay the first RM20,000 of the total cost of eligible benefits (excluding the cost of daily room & board). The remaining balance of eligible benefits will be covered by the Tabarru` Fund up to the annual and lifetime limits, subject to reasonable and customary charges.

Co-Takaful is the amount that you must first pay regardless of the total cost of eligible benefits (excluding the cost of daily room & board). You shall pay a Co-Takaful rate of 10% (subject to a minimum and a maximum of Co-Takaful amount) of the total cost of eligible benefits (excluding the cost of daily room & board). The remaining balance of eligible benefits will be covered by the Tabarru` Fund up to the annual and lifetime limits, subject to reasonable and customary charges.

Please refer to your certificate document for more details.