• Group Mortgage Reducing Term Takaful (MRTT)

To enjoy the full benefits of this product, the certificate term and initial sum covered should be consistent with the financed amount and duration of the approved housing financing.

MRTT (Mortgage Reducing Term Takaful)



Sum covered payable will be based on the reducing sum covered schedule.

Takaful contribution is payable in a single payment


Payment can either be fully or partially financed under the mortgage if taken from CIMB Islamic Bank Berhad.

Coverage provided upon death or Total & Permanent Disability (TPD) on the person covered

Reducing sum covered will be payable in one lump sum as per the reducing sum covered scheduled

Eligible for Total & Permanent Disability (TPD) claim




The TPD coverage will expire on the monthly anniversary immediately after the person covered’s 65th birthday or the expiry of certificate term, whichever is earlier.

Additional Features

  • Cash Value

In the event of early settlement of the financing, the person's covered has the following options:

i. Surrender the certificate for its cash value as determined by Sun Life Malaysia Takaful Berhad.  The cash value is equal to the value of participant’s account less the surrender charge at the time of the settlement; or
ii. Alternatively, you may continue the coverage and have all benefits reverted to you.


CIMB mortgage customers who meet the below requirements:-


Entry Age Basis: Age last birthday

Entry Age Limit for Person Covered:

i) Minimum age at entry - 18 years old

ii) Maximum age at entry - 65 years old

iii) Maximum expiry age - 70 years old

Certificate Term

Minimum term: 3 years

Maximum term: 40 years (not inclusive of deferment period or expirty at age 70 years old, whichever is lower)

Deferment Period: up to 5 years

Initial Sum Covered

Minimum: RM10,000

Maximum: No limit but subject to underwriting should the sum covered exceeds RM450,000



This product is managed by Sun Life Malaysia Takaful Berhad (689263-M), a Takaful Operator registered with Bank Negara Malaysia under the Islamic Financial Services Act 2013.

Disclaimer: The description of the features and benefits of the takaful product herein is not a contract/certificate of family takaful and is only a brief summary of the takaful product for quick and easy reference. The complete terms and conditions of the takaful product are contained in the Contract/Certificate Document of Sun Life Malaysia Takaful Berhad (689263-M), the Takaful Operator.

CIMB Islamic Bank Berhad ("Bank") accepts no responsibility, obligation or liability for this takaful product and the services provided by the Takaful Operator. The Bank merely acts as a distributor for this takaful product.

This takaful product is the Sun Life Malaysia’s product and not a product of the Bank. Therefore this takaful product is not guaranteed by the Bank, its subsidiaries and/or its affiliates and the Takaful Operator shall undertake the full responsibilities, obligations and liabilities in respect of this takaful product.

Call Us Anytime
We are contactable 24/7
+603 6204 7788