The Prophet Muhammad ﷺ said:
“It is better to leave your heirs wealthy than to leave them poor, begging others.”
Because your peace of mind and your family’s future are a priority, we offer you the Family Takaful Program — a Sharia-compliant alternative to conventional life insurance. It provides financial protection and stability for you and your loved ones in the most challenging times.
Family Takaful plays a critical role in safeguarding society by protecting individuals and their families in the event of the policyholder’s disability or death. It serves as a reliable source of income that ensures a dignified life for the beneficiaries and helps prevent financial hardship and dependency.
Approved by the Sharia Supervisory Board at Takaful Insurance Company, Family Takaful provides a socially beneficial alternative to conventional life insurance, fully aligned with Islamic values and principles.
This program is specifically designed to support families and help them overcome the financial burden resulting from the unexpected loss or disability of a breadwinner. It offers flexible coverage amounts with low contributions and fees, making it accessible for all income levels.
Key Benefits of the Program
The Family Takaful program offers a broad range of benefits and comprehensive coverage in the following cases:
The Individual Family Takaful Program provides coverage for various terms in the event of permanent disability or death (God forbid), in exchange for fixed contributions. While no one can prevent destiny, one can plan to protect their family and loved ones.
The Family Takaful Program for Individuals provides coverage for different periods in the event of permanent total disability or death (God forbid), in exchange for fixed contributions and fees. In life, one cannot avoid fate and destiny, but it is always necessary to protect oneself and safeguard one’s family and loved ones.
Benefits Include
The program provides you with a wide range of benefits and comprehensive coverage in the following cases:
Required Information::
Employers need to provide a list of employees including names, birthdates, employee ID or national ID numbers.
For uniform group coverage, no further details are required.
For graded coverage based on salary, job title, or service length, full details are needed per employee to calculate the Takaful benefits. These must also be provided at policy renewal.
Premiums are calculated annually based on the agreed terms and coverage.
Employees are the most valuable asset of any company, yet bonuses and salaries alone cannot protect them from unexpected tragedies like death or disability.
By offering Group Family Takaful, employers can give their teams peace of mind that their families are protected in case of unforeseen circumstances.
We all know that employees are the most valuable asset of any company, and retaining them is a very challenging task for business owners and senior management. Unfortunately, cash bonuses and rewards are limited by budgets and do not protect against future misfortunes such as death or accidents.
By providing a Group Takaful Insurance program, employees gain peace of mind knowing their families are protected and have some financial support in case of death or disability due to an accident or illness. Understanding the hardship faced by widows and children when they lose their breadwinners, we recognize that no household should be without family Takaful life insurance.
Benefits Include
The program provides you with a wide range of benefits and comprehensive coverage in the following cases:
Death due to any cause.
Permanent total disability due to accident and/or illness
Required Information:
Financial institutions need to provide a list of clients with:
Premiums are calculated monthly based on reports submitted by the financial institution.
This coverage is designed for financed individuals and aims to protect their outstanding debt in case of death or disability that leads to income loss and inability to repay loans.
Offered through institutional agreements, this plan ensures that Takaful Insurance Company covers the remaining debt in the event of a claim.
This insurance is offered to participants who have obtained financing from a financial institution. It aims to protect the debt in the event of an accident causing the participant (the borrower) to suffer death and/or disability, which would result in loss of income and the inability to continue repayments, thereby preventing them from fulfilling their financial obligations to repay the debt to the various financing entities.
This insurance is provided as a group package to financing institutions according to special agreements with them to protect their financial rights. Under these agreements, the company commits to paying the outstanding loan balance upon the occurrence of the insurance benefit due to death and/or disability.
This Takaful program is offered in partnership with financial institutions to protect their clients and safeguard the institution’s financial rights in case of death or disability of the borrower.
For more information, please contact us at 1800220220 or via mobile at #600.
Secure Your Future and the Future of Your Loved Ones with Family Takaful
