ANNUITAS

Old age should be a time or serenity and fulfillment, enjoying the fruits of a lifetime of labor and investment, free of financial worries.

AJB Bumiputera 1912 helps ensure that your senior years are some of the best of your life through their range of Annuity products.

Prima Partners Annuity

1. Payment of Monthly Annuity Benefit (MAB).
2. In the case of death, the member is provided with widow/widower pension benefit of 60% of the member's MAB.
3. If the widow / widower passes away, the fatherless / motherless dependent will receive a pension benefit of 33% of the member's MAB until reaching the age of 25 years or getting married.

* Long life or until remarried.

Protection Annuity Partners

1. Payment of Monthly Annuity Benefit (MAB)
2. If the member passes away before the age of 65 years, then the entire Initial Fund will be refunded.
3. If the member passes away, the widow / widower will be provided with a pension benefit of 60% of the member's MAB.
4. If the widow / widower passes away, the fatherless / motherless dependent will be provided with 33% of the member's MAB until reaching the age 25 years or getting married.

* Long life or until re-married.

Prosperity Partners Annuity

1. Payment of Monthly Annuity Benefit (MAB).
2. If passing away, the member is provided with widow/widower pension benefit by 60% of the member's MAB.
3. If the widow / widower passes away, the fatherless / motherless dependent receives a pension benefit of 33% of the member's MAB until reaching the age of 25 years or getting married.
4. If the member is still alive at the age of 65 years, the entire Initial Fund will be refunded.

* Long life or until remarried.

Note:
All annuity products provide escalation facilities, in terms of increase in benefits up to 5%.

 

 

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