Takaful for Life:
Family Matters Phase

One of life’s most momentous phases is when you become a family unit of your own.

Your parents have spent their lives raising you, and now it’s your turn to take the hand of your child and guide them as they find their way from childhood through to their teenage years and into young adulthood. 

As most seasoned parents will tell you, being a parent is more than just creating a child and bringing him or her into this world. Being a parent comes with significant responsibility towards your family as you are now in charge of ensuring your children receive sufficient nutrition, shelter, care, education, love, moral guidance and support among several other things. And besides being responsible for shaping who your children will turn out to be, you are also responsible for their finances until they start earning an income of their own. From food to clothes, to medical bills and tertiary education fees, having children comes with an undeniable price tag.

The costs of raising a child
The actual price tag of bringing a child into this world and raising them varies from country to country, state to state and even your standards of living. To give you an idea of what you need to budget for, this is a list of basic things that will cost you:

• Pregnancy care and delivery charges

• Basic daily necessities, including food, clothing and furniture

• Childcare, including pre-school years

• Primary and secondary education

• Tertiary education

• Medical fees

This adds up, and many parents find themselves under financial constraints even before their child is born, especially if they contract pregnancy complications. While the best option is to start financially preparing for having a child as early as possible, not everyone has the time to wait until they have several hundred thousand of Ringgit in their bank account before starting a family.

Thankfully, there are affordable ways to financially prepare yourself for some of the costs of raising a child via takaful protection.

Starting a family with PruBSN Impian
All parents want to give their children the best of everything, so let’s start by giving them the best in takaful protection. Available to all pregnant mothers and their child from 14 gestational weeks onwards, PruBSN Impian can provide you with significant financial and medical support during the pregnancy period and beyond. 

For your children, the Infant Secure and Vital Care Plus riders protects your child during pregnancy and childcare, and will pay you a lump sum payout if they contract a child-specific illness. With a minimum monthly contribution of RM50, PruBSN Impian also includes a lump sum death or total permanent and disability benefit, hospitalisation as well as coverage for 43 critical illnesses, making it an ideal takaful plan starter for your growing children. Mothers, too, will receive protection in the event of selected pregnancy complications.

Additionally, with Takaful Saver Impian, any accumulated takaful contributions can be given to your child once they turn 19 as a gift to support their continuing education or whatever dreams they may have.

With an expiry option of up to 100 years old, the protection and benefits your child receives with PruBSN Impian is for life. Apart from pregnancy-related coverage, the protection and benefits that come with this certificate will continue to apply throughout your child’s life, from childhood to adulthood. Other riders can also be added on to further customize your protection requirements.

Bringing a child into this world is stressful, but you can take the important step to be financially and medically prepared for you or you spouse and children with PruBSN Impian.

To get yourself protected, or to upgrade your current takaful plan, contact any of your servicing Takaful Agents, or get in touch with us today!