Insurance Products
1. Triple Pay Plan
The Triple Pay Plan is a long-term savings and protection policy that helps you build toward a financial goal while offering three structured payouts. You choose a savings target and contribute regularly.
- First Payout: 25% of your target amount at one-third of the term.
- Second Payout: Another 25% at two-thirds of the term.
- Final Payout: 100% of your savings target plus bonus at maturity.
If the policyholder passes away during the term, the full target amount plus bonus is paid to the beneficiary. It’s a perfect plan for people who want future security but also need access to funds along the way.
2. Ethical Insurance (Takaful)
Takaful is a cooperative insurance system rooted in Islamic principles. Policyholders contribute to a shared fund used to support members who suffer loss or damage. Unlike conventional insurance, Takaful avoids interest (riba) and uncertainty (gharar).
- Surplus may be shared with participants.
- Structured around mutual assistance and shared responsibility.
Ideal for those seeking faith-compliant financial solutions while still enjoying the benefits of modern insurance.
3. Individual Life Insurance
Individual Life Insurance is a personal policy you buy to protect your family if you pass away. It covers expenses like rent, school fees, and everyday bills. You choose the amount and how often you pay. Optional add-ons like critical illness cover can enhance your policy.
4. Group Life Insurance
Group Life Insurance is offered by employers or associations to cover many people under one plan. If a covered person dies, their family gets a lump sum. It’s cost-effective, requires minimal paperwork, and strengthens employee benefits.
5. Health Insurance
Health Insurance helps pay for hospital bills, surgeries, prescriptions, and medical tests. It ensures you get good care without draining your savings. You can choose basic or comprehensive cover to suit your needs.
6. Annuities
Annuities provide a steady income stream, typically during retirement, in exchange for a lump sum or regular contributions.
- Immediate Annuities start payments right away.
- Deferred Annuities begin later.
Some offer fixed returns, others are linked to market performance. Annuities help you avoid outliving your savings.
7. Fire / Special Perils
Fire & Special Perils Insurance covers buildings, contents, and machinery against fire, explosion, lightning, and other specified risks like floods or riots. Optional extensions include sprinkler leakage or earthquake cover. Ideal for businesses and property owners.
8. Property Damage
This policy compensates you if your commercial property or equipment is damaged by incidents like fire, vandalism, or flooding. It covers the cost of repairs or replacement so your operations can resume quickly.
9. Business Interruption
Business Interruption Insurance covers loss of income and fixed expenses (rent, salaries) if an event like fire or flood halts your business. It can also include temporary relocation costs. Keeps your finances stable during downtime.
10. Burglary
Burglary Insurance pays for the loss of stock or damage after forced entry into your premises. It can also include cover for attempted theft. Ideal for shops, offices, and homes in high-risk areas.
11. Fidelity / Forged Transfer
Protects businesses against employee dishonesty (theft, embezzlement) and forged financial instructions. This dual coverage secures your company from internal fraud and cyber-related financial losses.
12. Goods in Transit
Covers goods, raw materials, or products while being transported. Whether by road, rail, or water, this insurance ensures your cargo is protected from theft, accidents, or damage.
13. Householder’s Comprehensive
A combined home-and-contents policy that protects against fire, theft, flood, and liability to visitors. Also covers alternative accommodation if the home becomes uninhabitable.
14. Money Insurance
Covers cash and negotiable instruments against theft or robbery, either on-premises or in transit to the bank. Ideal for businesses that handle large volumes of cash.
15. Personal Accident
Pays a benefit if you’re injured or die due to an accident. It can cover medical bills, lost income, and rehabilitation. Suitable for individuals with active or high-risk lifestyles.
16. Group Personal Accident
Provides personal accident coverage for employees or members of an organization. A great way for employers to show concern for worker safety and welfare.
17. Public Liability
Covers your business if a third party (customer, visitor) suffers injury or property damage due to your operations. It includes legal defense and compensation costs.
18. Occupiers’ Liability
Protects property owners and managers from claims if someone is injured on their premises—like a fall in a hallway or stairwell. Essential for building owners and landlords.
19. Products Liability
Protects against claims that a sold product caused injury or property damage. Essential for manufacturers, distributors, and retailers.
20. Professional Indemnity
Covers professionals (consultants, lawyers, architects) against claims for negligence, errors, or omissions. It handles legal defense and compensation.
21. Directors & Officers Liability
D&O Insurance protects company leaders from personal liability due to decisions or actions taken in their role—like mismanagement or breach of duty.
22. Workmen’s Compensation
Mandatory in many places, this insurance covers employees who get injured or fall ill due to work. It covers treatment, rehab, and part of their lost wages.
23. Motor Vehicle Insurance
Provides cover for private and commercial vehicles. Options include Third Party, Third Party Fire & Theft, and Comprehensive. Optional benefits include roadside assistance.
24. Marine Insurance
Covers cargo and vessels during sea or air transport. Protects against damage from storms, piracy, and collisions. Vital for global trade operations.
25. Aviation Insurance
Insures aircraft, airports, and operations against physical damage and third-party liabilities. Includes specialized options like war risk and personal accident cover.
26. Oil & Gas Insurance
Specialized policies for exploration, drilling, and refining operations. Covers property damage, pollution, well control, and more. Designed for high-value energy infrastructure.
27. Advance Loss of Profit
Covers anticipated profits that are lost due to a delay caused by an insured event. Ideal for projects reliant on timely completion and operation.
28. Computer All Risks
Covers damage, theft, or breakdown of IT equipment, including data recovery and virus damage. Critical for technology-driven businesses.
29. Contractors All Risks
Insures construction works, site materials, and third-party liabilities during a project. Ideal for developers and builders.
30. Builders’ Liability
Covers legal liability for injury or property damage caused by construction activities. Complements Contractors All Risks.
31. Electronic Equipment
Insures devices like medical machines or telecom equipment against damage, theft, or breakdown. Includes maintenance and spare parts options.
32. Erection All Risks
Covers plant, equipment, and machinery during installation or commissioning. Protects against accidental damage until handover.
33. Machinery Breakdown
Pays for repairs or replacement of machines that suffer sudden failure. Can be extended to include business interruption.
34. Plant All Risks
Covers heavy machinery and equipment on-site or in transit against theft, damage, and breakdown. Suitable for construction and industrial operations.
35. Bonds, Credit Guarantee & Suretyship
Provides financial guarantees that obligations will be fulfilled. Types include bid bonds, performance bonds, and advance payment guarantees.
36. Kidnap & Ransom
Covers ransom payments, negotiations, and post-incident expenses. Essential for high-risk regions and professionals working abroad.
37. Terrorism
Protects businesses from losses due to acts of terrorism. Can be bought separately or as an add-on to existing property policies.
38. All Risk
Offers broad coverage for accidental loss or damage to valuable assets. Only specific exclusions apply. Great for mobile equipment or personal items.
39. Agricultural Insurance
Covers farmers against losses from drought, pests, and livestock death. Can include crop yield and farm machinery. Supports income stability and food security.
40. Bankers’ Blanket Bond (BBB)
Crime policy for financial institutions. Covers losses from employee fraud, forgery, cybercrime, and more. Protects both bank and customer assets.
41. Insurance Bond
Also known as surety bonds, they guarantee a party will meet contractual or regulatory obligations. Widely used in construction, trade, and government contracts.