Cover Image

Optimization of Integration Model in Family Takaful

The partition of premium life tables of the monthly payment defines the ratio of the riders. The overall monthly fee for the Integration model is RM50 and the overall total is divided into different portions; savings, pension, death coverage, death benefit, hospital bills, loss of ability to work or...

Full description

Saved in:
Bibliographic Details
Main Authors: Puspa Liza, Ghazali, Izah, Mohd Tahir, Nor Mazlina, Abu Bakar @ Harun
Format: Article
Language:English
English
Published: HIKARI Ltd. 2015
Subjects:
R Medicine (General)
Online Access:http://eprints.unisza.edu.my/5958/1/FH02-FESP-15-02850.pdf
http://eprints.unisza.edu.my/5958/2/FH02-FESP-15-03436.jpg
http://eprints.unisza.edu.my/5958/
Tags: Add Tag
No Tags, Be the first to tag this record!
id my-unisza-ir.5958
record_format eprints
spelling my-unisza-ir.59582022-09-13T05:20:38Z http://eprints.unisza.edu.my/5958/ Optimization of Integration Model in Family Takaful Puspa Liza, Ghazali Izah, Mohd Tahir Nor Mazlina, Abu Bakar @ Harun R Medicine (General) The partition of premium life tables of the monthly payment defines the ratio of the riders. The overall monthly fee for the Integration model is RM50 and the overall total is divided into different portions; savings, pension, death coverage, death benefit, hospital bills, loss of ability to work or critical illnesses. This new plan offers complete riders for two people in one product plan; participant and a child. The overall total of the portions in riders are 54. Therefore, each partition out of RM5 is RM0.0926. The model offers buying multiple units for the product business. If the participant buys more than 1 unit, the value of premium, riders, surrender value and maturity value will be multiplied by the numbers of units bought by the participant. HIKARI Ltd. 2015-03 Article PeerReviewed text en http://eprints.unisza.edu.my/5958/1/FH02-FESP-15-02850.pdf image en http://eprints.unisza.edu.my/5958/2/FH02-FESP-15-03436.jpg Puspa Liza, Ghazali and Izah, Mohd Tahir and Nor Mazlina, Abu Bakar @ Harun (2015) Optimization of Integration Model in Family Takaful. Applied Mathematical Sciences, 9 (39). pp. 1899-1909. ISSN 0066-5452 [P]
institution Universiti Sultan Zainal Abidin
building UNISZA Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Sultan Zainal Abidin
content_source UNISZA Institutional Repository
url_provider https://eprints.unisza.edu.my/
language English
English
topic R Medicine (General)
spellingShingle R Medicine (General)
Puspa Liza, Ghazali
Izah, Mohd Tahir
Nor Mazlina, Abu Bakar @ Harun
Optimization of Integration Model in Family Takaful
description The partition of premium life tables of the monthly payment defines the ratio of the riders. The overall monthly fee for the Integration model is RM50 and the overall total is divided into different portions; savings, pension, death coverage, death benefit, hospital bills, loss of ability to work or critical illnesses. This new plan offers complete riders for two people in one product plan; participant and a child. The overall total of the portions in riders are 54. Therefore, each partition out of RM5 is RM0.0926. The model offers buying multiple units for the product business. If the participant buys more than 1 unit, the value of premium, riders, surrender value and maturity value will be multiplied by the numbers of units bought by the participant.
format Article
author Puspa Liza, Ghazali
Izah, Mohd Tahir
Nor Mazlina, Abu Bakar @ Harun
author_facet Puspa Liza, Ghazali
Izah, Mohd Tahir
Nor Mazlina, Abu Bakar @ Harun
author_sort Puspa Liza, Ghazali
title Optimization of Integration Model in Family Takaful
title_short Optimization of Integration Model in Family Takaful
title_full Optimization of Integration Model in Family Takaful
title_fullStr Optimization of Integration Model in Family Takaful
title_full_unstemmed Optimization of Integration Model in Family Takaful
title_sort optimization of integration model in family takaful
publisher HIKARI Ltd.
publishDate 2015
url http://eprints.unisza.edu.my/5958/1/FH02-FESP-15-02850.pdf
http://eprints.unisza.edu.my/5958/2/FH02-FESP-15-03436.jpg
http://eprints.unisza.edu.my/5958/
_version_ 1744358543702622208
score 13.160551

Similar Items