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Takaful Asset Manager II
Flexible investment options
Good personal financial planning means seizing opportunities to gain potential higher returns. Take advantage of Takaful products to grow your money.
Takaful Asset Manager II is a single premium investment-linked insurance plan that provides you with the facility to invest into HSBC's broad range of Shariah-approved funds. Your choice of funds will depend on your risk appetite and financial goals.
A single premium investment-linked plan.
Flexibility to top up your investment into your plan at any time.
Greater investment opportunities than are normally available to individuals investing directly.
Diversification that allows you to spread your investment risks.
Professional management by investment specialists with a proven track record.
Flexibility in converting your investment to cash at any time.
Benefits at a glance
Affordable and flexible contributions
You can choose to start investing from as low as S$9,000 using your
cash or funds from your Central Provident Fund Investment Scheme -
Oridinary Account (CPFIS-OA) and Supplementary Retirement Scheme (SRS).
You also have the flexibility to top-up your investments into your
plan at any time.
Life Takaful benefit
In the event of death, your loved ones will receive a minimum death benefit regardless of the value of the fund. This benefit is not embedded within the fund but is provided for when you select any of our investment-linked plans.
The Takaful benefit is funded via a Tabarru' fee of S$10 from your single contribution. Based on the principles of Takaful, Tabarru' is a donation from all participants in the plan to help fellow participants in the event of death.
Liquidity on your contribution
Your money is not tied to any fixed term when you invest in this investment-linked Takaful plan. You can withdraw# your investments for cash anytime provided that there is enough cash value in your plan at the time of withdrawal.
Purify your investments
Your investments will go through a process of 'purification' where
a percentage of the dividend, which symbolises the proportion of non-Shariah
approved income earned by the companies, will be deducted and donated
to charity. This process is in line with the international Islamic
practice in equity dealing.
Note:
# Withdrawals can be made provided there is enough cash value in your investment-linked Takaful plan at the time of withdrawal. Your surrender value is based on the next determined bid price of the fund. An early termination of the policy will usually involve high costs and the surrender value payable may be less than total contributions paid.
How it works
| Plan details | |
| Minimum contribution | S$9,000 for single contribution S$500 per top up |
| Payment mode | CPFIS, Cash, SRS |
| Entry age | Cash Adult: 19 to 70 years old at age next birthday Child: 1 to 18 years old at age next birthday with an adult as a policy owner CPFIS OA/SRS Adult: 22 to 50 years old at age next birthday Adult: 51 to 57 years old at age next birthday for minimum single contribution of S$15,000 and above |
| Unit allocation/surrender pricing basis | "Next determined" bid price |
Act now
It is important to start planning for your financial goals early. Speak to our financial planners today.
Call (65) 6225 1111
You can start investing through the Takaful Asset Manager II with a minimum of S$9,000 and you can top up at any time.
You may choose to use either cash, CPF (for funds eligible under the CPF Investment Scheme) or money from your Supplementary Retirement Scheme (SRS) account.
All contributions received from Takaful participants will be invested strictly in accordance with Islamic principles. The IAB has the full right to inspect or review the books and records of the Takaful business to ensure compliance with Islamic principles.
Important notes
Takaful Asset Manager II is underwritten by HSBC Insurance (Singapore)
Pte. Limited, 10 Eunos Road 8, #11-01 Singapore Post Centre, Singapore
408600. Company registration no. 195400150N.
This webpage contains only general information and is subject to change.
It does not constitute an offer to buy or sell an insurance product
or service. It is not intended to provide any insurance or financial
advice.
Past performance of the fund/fund manager is not necessarily indicative
of its future performance. Investors should note that there is no
guarantee on the capital and returns. The actual returns depend on
actual performance of the underlying investments. The value of units
in the investment-linked fund and the income accruing to the units,
if any, may fall and rise.
Investor should read the latest fund fact sheet, fund manager's report,
fund summaries, product highlights sheets and product summary on investment-linked
plans for details before deciding to invest. You can ask for the documents
from our authorised agents or appointed distributors.
This policy is protected under the Policy Owners' Protection Scheme
which is administered by the Singapore Deposit Insurance Corporation
(SDIC). Coverage for your policy is automatic and no further action
is required from you. For more information on the types of benefits
that are covered under the scheme as well as the limits of coverage,
where applicable, please contact your insurer or visit the LIA
or SDIC
websites (www.lia.org.sg or www.sdic.org.sg).
HSBC Insurance (Singapore) Pte. Limited's authorised agents or distributors
(together "the Agents") are neither underwriter nor broker
for the customer. To the fullest extent permissible pursuant to the
applicable law, the Agents make no warranties or representation as
to accuracy, correctness, reliability otherwise of the content of
this marketing material. Under no circumstances, including, but not
limited to negligence, shall the Agents or any party involved in creating,
producing or delivering the marketing material be liable to you for
any direct, incidental, consequential, indirect, or punitive damages
that result from the use of, or the liability to use, the information
in this webpage, even if the Agents have been advised of the possibility
of such damages.
The Agents and/or their employees will receive a commission from HSBC
Insurance (Singappore) Pte. Limited in respect of this transaction.
The Agents are not suppliers of the products and services and will
not acceot liability in relation hereto.
Issued by HSBC Insurance (Singapore) Pte. Limited.
