Loan / PTPTN Education Loan coverage group is intended to cover the loan / financing issued by the PTPTN in the event of death of the borrower / recipient a fee or borrower / receiver costs have total and permanent disability.

     Under the concept of group coverage, the amount of the loan / financing issued by PTPTN to all borrowers / receiver cost will be fully protected from takaful operators appointed by PTPTN for every five (5) years.

     Each borrower / recipient is required to bear all costs of cost coverage as stipulated in the loan / financing. For the borrower / recipient who is studying cost, method of contribution deductions made ​​on each loan / financing. While for borrowers / recipients who have completed their studies cost and contribution deduction is insufficient or negative balance, monthly additional charge will be debited to the account of the borrower / recipient cost of a loan / additional funding.
 
     With effect from 1 January 2012, the company has set a number of takaful contribution deduction for Loan / PTPTN Education Loan in accordance with sponsorship group is as follows: -

     Recipient of the new cost (sponsored by 2012 and above) is the rate of RM0.74 for each funding year to RM1, 000.00, taking into account the total funding approved, the normal duration of study period and repayment, and

     Borrower / receiver cost existing (sponsored 1997 to 2011) is the rate of RM0.40 per year for each loan / financing RM1, 000.00 with regard to total loans / financing approved, the normal duration of study period and repayment

The new rate of contribution is lower than the old rate of RM0.96 per year for each funding RM1, 000.