Family Takaful Business

In general, a family takaful plan is a combination of long term investment and mutual financial assistance scheme.
Objectives of this plan are:

  • To save regularly over a fixed period of time.
  • To earn investment returns in accordance with Islamic principles.
  • To obtain mutual assistance in the event of death prior to maturity of the investment as mutual aid and benefit.

The cover can include:

  • Individual plan
  • Group plan (Group family, group medical)
  • Annuity (Employees provident fund, retirement)