Introduction:
It goes beyond just price. There are several factors to consider when choosing between Takaful and conventional insurance, as each offers unique advantages depending on your values and needs. With BJAK, you can easily compare both types — from Takaful Malaysia and Zurich to Allianz and Liberty — all in one transparent platform.
1. Core Values and Principles
If you value Shariah-compliant protection, Takaful emphasizes mutual help and shared responsibility. Surplus funds are redistributed to participants.
Conventional insurance, on the other hand, focuses on company profit and policy flexibility.
2. Premium Pricing and Budget
Generally, conventional insurance tends to be slightly cheaper than Takaful.
However, Takaful provides extra value through surplus sharing and transparent fund management.
On BJAK, you can compare real-time quotes — sometimes the price difference is less than RM50 a year.
3. Claim Process
Takaful claims may take a little longer due to Syariah review processes.
Meanwhile, conventional providers like Allianz and Liberty are known for their quick claim turnaround and wide panel workshop networks.
That said, Zurich Takaful and Takaful Malaysia have also modernized their digital claim systems to compete closely with conventional insurers on BJAK.
4. Add-On and Extra Coverage
Conventional insurers usually offer more add-on options — like windshield, flood, or lost key protection.
Takaful offers similar add-ons, but with a clearer ethical structure — great for those who value fairness and transparency in protection.
5. Customer Support and Convenience
Allianz offers Road Rangers, Liberty has Auto Assist, while Takaful participants enjoy BJAK’s VIP Road Assist under comprehensive plans.
Whatever your choice, make sure your plan isn’t just cheap — it should also give you peace of mind when emergencies happen.
Conclusion:
Ultimately, what matters most to you — price, efficiency, or ethics — are key factors to consider when choosing a plan.
With BJAK, you can easily compare all providers in one place and select a plan that truly fits your needs, lifestyle, and budget for 2025.
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