Takaful Group Educational Scheme
An educational scheme sold on a group term basis through schools, guaranteeing your child completes their education even if the breadwinner passes away.
- Guarantees school tuition from Nursery through Secondary & University
- Integrated seamlessly alongside termly school fees schedule
- Immediate relief fund disbursement upon breadwinner demise or disability
- 100% Shariah compliant with transparent mutual assistance (Taawun)
Takaful Group Family Scheme
"And those of you who die and leave wives behind..." Ensuring surviving family members have immediate, dignified financial security.
- Generous lump-sum financial grant to deceased member's surviving family
- Total and Permanent Disability (TPD) income replacement benefit
- Terminal illness and critical health condition acceleration
- Satisfies statutory group life obligations under the Pension Reform Act
Takaful Investment Plan
A flexible non-interest investment vehicle designed for individuals seeking disciplined, compounding capital accumulation strictly through halal channels.
- Compounding returns through screened, asset-backed Halal Sukuk instruments
- Flexible contribution tenors ranging from 3 to 15 years
- Partial withdrawals permissible after initial locking threshold
- Built-in life protection benefit ensuring loved ones receive projected target
Takaful Esusu Plan
Disciplined micro-savings saving daily (₦200+), weekly (₦1,400+), or monthly (₦6,000+) with built-in emergency welfare protection.
- Accessible starting contributions from just ₦200 daily or ₦6,000 monthly
- 99% allocated to personal savings account with halal investment returns
- 1% donation to communal welfare pool providing death/disability grants
- Flexible partial withdrawals and premature exit terms
Pilgrim Care Takaful (Hajj & Umrah)
Comprehensive international travel and medical care policy shielding Muslim pilgrims embarking on holy journeys to Saudi Arabia for Hajj or Umrah.
- Emergency inpatient and outpatient medical treatment in Saudi Arabia
- Luggage loss, baggage delay, and essential item replacement
- Flight postponement and travel disruption compensation
- Repatriation of remains in the event of death during the pilgrimage
Marriage Protection Plan
Dedicated target savings vehicle for parents planning their children's future wedding expenses with guaranteed financial maturity.
- Structured target savings from 3 to 10 years maturity
- Full sum assured guaranteed upon maturity even if contributor passes away
- Profit sharing allocations derived from Halal investment returns
- Celebration milestone bonus paid upon verified wedding ceremony
Mortgage Protection Takaful
Protects the family residence against foreclosure by settling outstanding mortgage balances if the homeowner passes away prematurely.
- Decreasing term cover aligned with amortized mortgage balances
- Immediate payoff of bank balance upon death or permanent disability
- Guarantees title deeds are released unencumbered to family heirs
- Accepted by all primary mortgage institutions and non-interest banks
Credit Takaful Scheme
Guarantees microfinance and SME borrowing pools, relieving grieving families from loan repayment debt upon the borrower's death.
- Extinguishes loan debt balance, protecting surviving family from harassment
- Safeguards capital liquidity for microfinance banks and cooperatives
- Ultra-affordable group premium rates integrated into loan disbursement
- Strict adherence to Islamic micro-financing ethics
Keyman Takaful Plan
Insures corporate enterprises against financial disruption following the unexpected loss of key executive decision-makers.
- Substantial corporate capital liquidity payout to stabilize revenue
- Funds executive headhunting and succession transition costs
- Reassures creditors, banks, and stakeholders of enterprise solvency
- Customized coverage limits up to hundreds of millions of Naira
Did You Know You Share In Underwriting Surplus?
Unlike conventional insurance where companies pocket unused premiums as profit, Hilal Takaful pools funds ethically. When total claims and reserves are less than contributions, claim-free participants receive an annual cash surplus dividend!