The company provides Takaful products and services. Takaful is a type of Islamic insurance, where members contribute money into a pool system in order to protect each other against lost or damage. Takaful is a mutual protection and joint guarantee and explains how it is the responsibility of individuals to cooperate and protect each other. The objective of Takaful is to pay a defined loss from a defined fund. Be sure to learn how we can further help you today.
This type of insurance provides coverage to farmers from the effects of natural disasters and ensures payment of appropriate compensation sufficient to keep the farmer in business after suffering a loss. There are two types of agricultural insurance: crop agricultural insurance and farm property and equipment agricultural insurance.
Crop insurance is for agricultural producers, including farmers, ranchers, and others to protect against either the loss of their crops due to natural disasters, or the loss of revenue due to declines in the prices of agricultural commodities. One such type of insurance is multiple peril crop insurance (MPCI).
Multiple Peril Crop Insurance (MPCI)MPCI covers crop losses, including lower yields, caused by natural events, such as:
Livestock insurance provides cover against accidents and unexpected events that may affect your animals. This insurance coverage is customizable, so whether you have camels, cattle, sheep, goats, chickens, or a mixture, you are covered. There are different policy options, depending on your needs and budget.
Scope of CoverThe policy compensates for the death or emergency slaughter of livestock on medical grounds as a direct result of the following:
This policy does not cover any loss or damage directly or indirectly caused by or arising from, in consequence of, or contributed by: