INDIVIDUAL ASSIGNMENT 1

Name : Nur Aisyah Hanin Binti Razali

ID No. : 2021640438

Class : AA7002

Course : MGT782
1.0 Introduction

This data is based on my own AIA Takaful Client Register. The data represents each client,
for the age, gender status, Certificate Plan, and monthly contributions. The Takaful plans
offered are Life Takaful, Life and Medical Takaful, and Takaful Saving.

2.0 Data Collection

Table 1: Data of AIA Takaful Client

No Name Age Gender Status Plan Monthly

Contribution
1 Razali Bin Idris 56 M Married LT RM 1,566.25
2 Nor Aizam 53 F Married LT RM 517.94
3 Muhammad Firdaus 29 M Married LM RM 233.47
4 Nur Aisyah Hanin 31 F Married LT RM 275.00
5 Muhammad Khairul Abrar 29 M Married TS RM 510.00
6 Mohd Shahruddin 52 M Married LT RM 208.28
7 Mikayla Nayyirah 1 F Single LM RM 283.41
8 Nawwara Annimaty 28 F Married LT RM 292.23
9 Tengku Amira Alya 19 F Single LT RM 168.00
10 Tengku Amirul Afiq 20 M Single IL RM 168.00
11 Haziqah 32 F Married LT RM 69.20
12 Mohd Alinur Haqqim 33 M Married IL RM 251.00
13 Mohd Alinur Haqqim 33 M Married LT RM 272.71
14 Iqlima Rumaisa 4 F Single IL RM 218.00
15 Muhammad Darwish 6 M Single IL RM 204.00
16 Syazani Fakhrullah 37 M Single TS RM 510.00
***Note:
M – Male F – Female
LT – Life Takaful LM – Life & Medical IL – Investment-Linked TS – Takaful
Saving
 Table 2: The Measure of Central Tendency

The measure of Central Tendency

Mean RM 359.22
Median RM 261.86
Mode RM 510.00

Minimum RM 69.20
Maximum RM 1,566.25

Q1 207.21
Q2 261.855
Q3 346.6725

Interquartile
Range 139.4625
Variance 120265.3406
Standard
Deviation 346.7929362

Table 3: Tabulation of Data based on Characteristics

Tabulation of Data
Age
<50 13
>50 3
Gender
Male 9
Female 7
Status
Married 10
Single 6
Plan
Life Takaful 8
Life Medical 2
Investment Linked 4
Takaful Saving 2

Table 1 is a set of data tabulated based on Monthly contributions, age, gender, status, and
Takaful type of plan. Table 2 represents the data calculated using excel for the Measures of
Central Tendency for the monthly contributions paid by the client. The data collected shows
that among the 16 clients recorded, the highest-paid contribution is RM1,566.25 and the
lowest-paid contribution is RM 69.20. The mode of the data is the data that represents the
most frequent which is at RM 510. This value is for the contribution paid for the Takaful Saving
plan. Table 3 represents the data tabulated and calculated according to the characteristics by
using the excel formula of “COUNTIF”.
3.0 Discussion

AGE GROUP
<50 >50

19%

81%

Figure 1: Pie Chart for Age Group

The Pie Chart in Figure 1, shows the distribution of data between the age group. It was
recorded that in there are 81% of the total 16 clients are in a group of less than 50 and a
balance of 19% of from a group age 50 and above. In the Takaful industry, this can be
measured as an indicator that, the Takaful awareness is increasing among the group of a
younger age.

GENDER
Male Female

44%
56%

Figure 2: Pie Chart of Gender

Among the 16 clients recorded in the data, there are 56% of them are Male and the balance
of 44% is a total of 7 are Female. In figure 3, it was recorded that 62% of the total number of
the client are married. This can be concluded that the awareness of the benefit of Takaful is
more in Married people rather in singles. On the other hand, this can also be related to the
total income in a household. Married people, can combine their income and have a higher
total income rather than those who live alone.

STATUS
Married Single

38%

62%

Figure 3: Pie Chart of Status

CERTIFICATE PLAN
10

0
Life Takaful Life Medical Investment Linked Takaful Saving

Figure 4: Bar Chart of Takaful Plan subscribed by Client

In figure 4 the data was layout in a bar chart. It represents the group of the client to their
Takaful Plan that they subscribed. Life Takaful is the obtained the most number of the client
while Life Medical has the least. Life Medical is a plan that contains Life Takaful and having a
Medical Card as a rider. This plan is usually been taken up by those who have yet to subscribe
to any Medical Plan. While the Investment-linked seems to be one of the top plans chosen.
This plan is a Life Takaful that has investment return in the Islamic and Shariah-approved
investment accounts. While Takaful Saving has recorded the same number of clients. This
plan offers a saving account that is able to be Hibah to the nominee. It is usually taken up as
a backup savings or a retirement fund.