Goods-In-Transit Takaful Cover
Comprehensive all-risk indemnity protecting cargo owners against loss or accidental damage to merchandise whilst in transit across Nigeria.
- Covers road accident, collision, fire, and vehicle overturn
- Protection during loading and unloading operations
- Temporary storage and warehousing during transit included
- Participants eligible for annual underwriting surplus returns
Third-Party Motor Cover
Mandatory statutory road protection satisfying Nigerian legal requirements while upholding pure Islamic mutual solidarity and ethical pooling.
- Damage to third-party property covered up to ₦3,000,000 limit
- Unlimited legal liability for bodily injury or death to third parties
- Instant e-certificate issued and verified on the Nigerian Insurance Industry Database (NIID)
- 100% Shariah compliant with zero interest and ethical risk sharing
Marine Cargo Takaful Cover
Intended to indemnify participants against loss or damage to imported or exported commodities conveyed internationally via sea or air.
- Indemnity against vessel sinking, stranding, collision, and fire
- Loss or theft during port handling and transit to bonded terminal
- Covers strictly permissible (Halal) commodities and raw materials
- Expedited survey and digital claims documentation
Comprehensive Motor Cover
Indispensable cover for automobile owners protecting against accidental collision, overturning, fire, lightning, theft, and third-party liabilities.
- Full repair cost reimbursement for accidental damage & overturn
- Complete compensation for total vehicle theft or fire gutting
- Towing allowance and medical expenses for vehicle occupants
- Entitlement to annual cash surplus dividend if no claim is made
Contractor-All-Risk (CAR)
Specially structured for developers and civil contractors, insuring construction works, heavy machinery, and third-party liabilities.
- Structural collapse, flood, storm, and seismic damage indemnity
- Protection for on-site construction plant, cranes, and machinery
- Surrounding property and third-party bodily injury defense
- Maintenance period warranty coverage post-completion
Fire & Burglary Takaful
Protects commercial buildings, industrial factories, warehouses, and domestic dwellings against devastating fire, lightning, and burglary.
- Restoration of structural damage to residential and commercial properties
- Replacement value for office equipment, inventory, and merchandise
- Loss of rent and alternative accommodation allowance included
- Shariah audit guarantees ethical claims settlement
Public Liability Policy
Shields businesses and facility managers from financial liabilities resulting from accidental bodily injury or property damage to third parties.
- Covers third-party slip-and-fall injuries on business premises
- Property damage compensation to neighbouring structures
- Full legal defense costs and court settlement expenses included
- Flexible limits tailored to corporate enterprise scale
Fidelity Guarantee Takaful
Protects corporate employers against direct financial loss resulting from acts of fraud, embezzlement, or dishonesty by fiduciary employees.
- Direct monetary loss indemnity resulting from employee embezzlement
- Covers cashiers, accountants, storekeepers, and procurement officers
- Protects institutional solvency and operational continuity
- Rigorous background investigation and risk advisory support
Property Guard Takaful
Comprehensive multi-peril package for homeowners and residential tenants guarding domestic contents, jewelry, and structural foundations.
- Protection for household electronic appliances, furniture, and fittings
- Bursting or overflowing of water tanks, pipes, and apparatus
- Temporary displacement and emergency lodging allowance
- Cash surplus sharing eligibility for claim-free policyholders
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!