AIA private car insurance plan (renewed annually) protects you

against damages to other people’s vehicles and injuries they may

ABOUT PRODUCT sustain and will also be covered for loss, theft or damage to your car
and any injuries caused by an accident.

Wakalah - the contract between Participant and AIA PUBLIC Takaful

Bhd. (AIA PUBLIC, as Takaful Operator), where Participant
authorises AIA PUBLIC to act on their behalf to conduct the affairs of
Takaful business.

SHARIAH Tabarru' - the balance of Contribution after deduction

CONCEPT of Wakalah Fee, which will be allocated into the  Participants' Risk
Fund (PRF) as a donation for the purpose of mutual help and
assistance to fellow Participants in need.

Ju'alah - AIA PUBLIC will be entitled to earn up to 50% of the

Surplus arising from the PRF as performance fee for managing the
fund efficiently which result in the surplus.

Al-Qard Al-Hasan - is an interest-free loan provided by AIA PUBLIC

to the PRF in the event it becomes deficit to enable it to pay Takaful
benefit(s) to eligible Participants.

 Car owner will receive a lump sum payment to cover any loss
or damage to your car because of an accident, theft or fire.
COVERAGE  If the accident caused by your car results in the death of or
injury to other people, this product will cover both parties
 You will be covered if the accident caused by your car results
in loss or damage to other people's property.
CONTRIBUTION Based on standard cover (NCD entitlement, additional cover, fees)
AMOUNT

• Commissions paid to the insurance agent : 10 % of

premiums
FEE • Stamp Duty : RM10.00
• Goods and Services Tax : 0% of annual premiums paid
• Transfer Fees (if applicable) : RM10.00

 You must disclose all material facts such as previous accidents

and modification to engines.
 Failure to take reasonable care in answering the questions may
CONDITIONS result in avoidance of your contract of insurance
 You must ensure that your vehicle is adequately insured. New
vehicle: sum insured = purchase price.Others: Sum Insured =
market value of vehicle when policy is bought.
 We will reject your claim if your vehicle is sent to a workshop
that is not authorized by Us

Your standard motor insurance policy DOES NOT cover:

• Your own death or bodily injury
• Your liability against claims from your passengers
• Theft of non-factory fitted vehicle accessories
MAJOR
EXPLOSION • Consequential loss, depreciation, wear and tear,
mechanical or electrical breakdown failures or
breakages; and
• Loss/damage arising from an act of nature e.g. flood,
landslide.

DURATION 1 year
AIA TAKAFUL MOTOR PRODUCT