Tune Money Launches Tune Raya Takaful Coverage for Hari Raya
By Bernama published 2 months ago
Original Article Source: Bernama
Filed Under: News Articles
Tune Money Sdn Bhd, the one-stop online financial services company of Tune Group, has launched "Tune Raya Takaful", its first product offering available for online purchase.
The innovative design takaful (Islamic Insurance) product for family protection during the coming Hari Raya Aidilfitri and "balik kampung" season is limited from July 7 to Sept 15, with coverage period up to Oct 31.
Provided by Hong Leong Tokio Marine Takaful Bhd (HLTM Takaful), Tune Raya Takaful gives protection for death and permanent disablement due to accidents.
In a statement Monday, Tune Money said each husband-and-wife adult will be compensated RM10, 000 while RM5, 000 for each child.
Muslim participants can also opt for "Badal Haji" or Hajj pilgrimage delegation led by an authorised party which is also applicable to the husband-and-wife adults and must be indicated when applying for Tune Raya Takaful.
Tune Money chief executive officer Joyce Lai said Tune Raya Takaful marked Tune Money's foray into Islamic insurance after the launch of its range of online conventional insurance products early this year.
"We are very optimistic Tune Raya Takaful will be well received by the market and it will spur us to introduce more takaful products in the near future," Lai added. -- BERNAMA