Can I cancel my contract?

Modified on Tue, 21 May at 9:55 AM

(i) Cancellation during free-look period - You may cancel Your Certificate of Takaful by returning the Certificate of Takaful within fifteen (15) days after the Certificate of Takaful has been received by You. The contributions that You have paid (less any medical fee incurred) will be refunded to You. Please note that for the purpose of determining the period of 15 days, this Certificate of Takaful will be deemed to be returned to the Us on the date We have received this Certificate of Takaful if personally delivered or on the date of posting if this Certificate of Takaful is sent to Us by registered post or on the date of transmission if this Certificate of Takaful is electronically transmitted.

(ii) Cancellation after free-look period - You may cancel Your Certificate of Takaful by returning the Certificate of Takaful with a written surrender request and the accumulated cash amount from the contributions that You have paid (if any) will be refunded to You.

(iii) Should You decide to terminate Your Certificate of Takaful earlier within the coverage term, Your surrender value may be lower than Your total contribution paid to cover for the above expenses.

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