Motor Takaful Scheme
This is an annual cover, which provides benefit to you and your members against any loss or damages to your vehicle as well as any third-party liability arising from accidents caused by your vehicle
Key Features
- The Scheme is based on the Islamic principle of al-Tabarru.
- You have option to choose which type of cover that you think would suit you best.
- Free tracking for vehicle of N3.5m and above.
- The COMPREHENSIVE type of cover (Unlimited liability for death/bodily injury to third parties and the insured vehicle).
- You are entitled to authorized repair limit of 5% of value of the vehicle covered.
- Contribution (premium) starts from 5% of the current value of vehicle for comprehensive cover while Min. of NGN50,000.00 is paid for Third party private car cover.
- You are entitled to surplus sharing when there’s no claims within the period of cover.
- Speedy claim settlement.