BancaTakaful

BancaTakaful

Ahli Islamic have partnered with Al Madina Takaful insurance to provide the best range of Takaful products for Ahli Islamic customers which range from Motor, Home, Domestic helper & Travel Takaful.

For more assistance on choosing the Takaful product that suits your lifestyle, contact the following:

• Saif Saleh Al Hashmi – 97930268
• Sheikha Dawood Al Araimi – 97442038

Motor Takaful:

Importance of Motor Insurance:

Accidents are unforeseen, and it could happen to anyone irrespective of the person being at fault or not. Al Madina’s motor insurance cover protects individuals from such unforeseen losses and ensures that they have peace of mind whilst driving on the roads of Oman. Regulations require vehicle owners to take Third party insurance coverage. The Company provides two types of Motor Insurance products in Oman. 

1. Comprehensive Motor Insurance:

What is Covered?

This is the most comprehensive insurance, covering Loss or Damage to the Motor Vehicle and its accessories/spare parts by:

• Accidental collision or overturning
• Fire, external explosion, self-ignition or lightening, burglary and theft
• Flood, Storm and Tempest
• Malicious act
• Whilst in transit by road, etc.
• Liability to Third Party including death or bodily injury and damaged to property 

2. Third Party Motor Insurance

What is Covered?

This is the basic cover which is mandated by law. The policy covers Liability to Third Party both property and bodily injury. It does not cover loss or damage to insured’s own vehicle or property or any injuries or death to the insured or family members or employees or servants

FAQ

Home Takaful

This Policy will indemnify the Insured against the loss or damage to Home, Contents and Personal belongings

Coverage

Policy will cover loss or damage to Insured Property due to

• Fire & Lightning
• Explosion
• Aircraft
• Earthquake or Volcanic Eruptions
• Storm and Tempest
• Flood
• Escape of water from any tank, apparatus or pipes
• Impact by any road vehicle or animal

Below additional extensions can avail under the Policy

• Accidental Damage
• Theft
• Riot, Strike, Malicious Damage
• Loss of Rent / Alternative Accommodation
• Removal of Debris
• Professional Fees
• Worldwide cover for Personal belongings

FAQ

Travel Takaful:

Importance of Travel Insurance

Travelling? When you and your family members travel on holiday or on business, it is always an adventure. Our Travel Insurance protects you from financial losses arising due to medical emergency, loss or delay of baggage, accident and host of other inconveniences.

What risks are covered?

• Personal Accident : Coverage against Death, Permanent and Partial Disability
• Medical : Expenses in respect of emergency medical and pharmaceutical expenses including ambulance expenses provided injury is serious enough to warrant hospitalization
• Travel Inconvenience : Expenses due to cancellation and curtailment, delay or loss of baggage etc.
• Liability : Includes personal liability and legal assistance. 

Madinah Takaful Policy Features

Eligibility : Insurance Policy available for all ages between 0-65 Years
66-75 Years : Increase of 50% Premium
76-80 Years : Increase of 100% Premium
*Children up to 16 years : 50% discount if they are travelling with their parents (Not Applicable to Sindbad Family Product) 

Policy Duration

Policy Duration : Single Trip – From 7 days to 180 days
Annual Cover: Maximum 92 consecutive days per trip
Additional Coverage: Coverage includes Dental Treatment, Medical Evacuation, Repatriation, Baggage loss/ Delay, First Aid, Trip Cancellation and Interruption etc. 

Additional Coverage

1. Winter Sports Extension
   50% Extra Premium
   100% Extra Premium if sport equipment is included (Up to a limit of USD 300/-)
2. Water Sports Extension
   50% Extra Premium
   100% Extra Premium if sport equipment is included (Up to a limit of USD 300/-)
3. Terrorism Extension
   50% Extra Premium
   (Afghanistan, Pakistan, Iraq and Syria are excluded)

FAQ

Domestic helper

Why do I need to cover my domestic staff?

It is the responsibility of the Sponsor to take care of the health and well being of the domestic maid working under him. This plan covers the life of the domestic worker against Death and Disability arising through illness and accident as well as the accidental medical expenses incurred in Oman. It also covers the cost of transporting the mortal remains to the country of Origin, in case of Death.

For a contribution amount Al Madina Insurance Co. SAOG assures full protection for your maid against large medical expenses which otherwise has to be borne by you.

What Risks are Covered?

Risks cover is provided in four sections:

• Coverage against Death, Permanent Total or Partial Disability.
• Medical Expenses for treatment of any accidental injury.
• Repatriation expenses in the event of death.
• Critical Illness Cove

What is not Covered?

The main exclusion is any pre existing illness or infirmity.

For full exclusions & terms and conditions please refer to Madinah Takaful policy document.

FAQ