Takaful Malaysia

Fidelity Guarantee

Protects employers against loss of money or property due to fraud or dishonesty of employees

To protect against the possibility of a financial loss in the event that an employee absconds with the business acquisition (money, securities, goods etc).

Key Benefits

Loss of money or goods

Protection against loss of money or goods as a result of any fraudulent or dishonest act of staff.

Loss

Protection against loss resulting from all acts of fraud or dishonesty or forgery or misrepresentation committed by staff

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Eligibility

Employer

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FAQ

The total annual contribution that you have to pay may vary depending on the risk exposure, our underwriting requirements and the sum covered. Subject to a minimum contribution of RM100.00.

This plan does not cover certain losses, such as:

  1. Shortage due to error or omission and/or accounting error.
  2. Unexplained or unaccountable losses or disappearances.
  3. The precautions and checks for securing the accuracy of the account are not observed.
  4. Seizure by any authority.
  5. Consequential loss or damage of any nature.
  6. Any other events prohibited by Shariah principles.

Note: This list is non-exhaustive. Please refer to the Certificate for the full list of exclusions under this product.

You may cancel your certificate by giving a written notice to us. Upon cancellation, you are entitled to a partial refund of the contribution provided you have not made any claim.

The benefit(s) payable under eligible product is protected by Perbadanan Insurans Deposit Malaysia (PIDM) up to limits. Please refer to PIDM’s Takaful and Insurance Benefits Protection System (TIPS) Brochure or contact Takaful Malaysia or PIDM (visit www.pidm.gov.my/en).

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