About Home Takaful

  • Home Insurance is an Islamic insurance based on the principle of cooperation between a group of individuals facing coherent risks and sharing collectively the same consequences.
  • Home Insurance contract is characterized by being free of the “Gharar” concept, which is prohibited by Shariah.
  • With Home Insurance, the company’s role is exclusively based on managing the business related to it. However, with conventional insurance, the company also guarantees all the obligations resulting from insurance.
  • Takaful Company, in all its treatments, abides by the Islamic Shariah under the supervision of a legitimate jury of elite Shariah scholars.
  • Home Insurance importance

    It goes without saying that a home is of great importance to you and your family. It is also no doubt that you sought diligently to make your home a source of comfort and peace of mind for you and your beloved ones. But no matter what, an accident may occur at any time, cause severe damages and heavy material losses and undermine your family safety. Whether you own or you rent a house, do what it takes to protect your home through Home Insurance Program from Al Rajhi Takaful. All Insurance Programs are shariah compliant and work in flexible and efficient ways to fulfil your needs, which gives you peace of mind.

  • Home Insurance Main Coverage

    This program offers coverage against any loss or damage that may occur in your house or to any of its inside contents or even to the building itself, in addition to the domestic house outbuildings and equipment, garage, fixed gas tanks, gates, pools, walls. The program offers you coverage against the following risks:

    • Fire, lightning, explosions, earthquakes
    • Damage of water overflowing from water tanks and equipment
    • Impact of vehicles’ or aircrafts’ collision
    • Storms or floods
    • Riots, strikes and labor obligations
    • Costs of rental value and alternative accommodation
  • Additional Coverages
  • How to avail Home Home Insurance

    Visit our website or bank branch and we will be ready to help you and answer your inquiries in addition to offering the program that suits your needs and budget.

  • Cost of Home Insurance
  • Cost of Home Insurance

    We have prepared 4 plans for our valued customer , feel free to pick up the plan that suites your needs.

    Packages A B C D
    Building 500,000 1,000,000 2,000,000 4,000,000
    Rental value 25,000 50,000 100,000 200,000
    Building's total value 525,000 1,050,000 2,100,000 4,200,000
    Contents
    Furniture, equipment, décor 20,000 35,000 75,000 100,000
    Clothes 10,000 25,000 40,000 65,000
    Domestic equipment 10,000 25,000 30,000 50,000
    Utensils 5,000 10,000 15,000 20,000
    Carpets 5,000 10,000 10,000 15,000
    Jewellery 10,000 20,000 30,000 50,000
    Contents total value 60,000 125,000 200,000 300,000
    Personal accidents for participant and spouse
    Coverage amount 50,000 100,000 150,000 200,000
    Total coverage amount 635,000 1,250,000 2,450,000 4,700,000
    Survival 1,000 1,000 1,000 1,000
    Earthquake survival (1% of the building and content's coverage)
    Limit of burglary coverage 10,000 15,000 30,000 60,000
    Premium amount 365 700 1,250 2,200
    Policy fees 20 20 20 20
  • How do I choose this program?

    Visit a branch

    Our team will welcome you at our different branches.

  • What is Home Insurance?

    It is an Islamic, Shariah compliant insurance based on the principle of cooperation between a group of individuals facing coherent risks and sharing collectively the same financial consequences that may happen to any of them in life.

    Insurance Program offers you a wide range of services, products and solutions that suit your needs. It provides you with an efficient support thanks to employees who are experts and ready to fulfil your needs under Insurance program conditions; the program also helps you minimize the financial consequences of any sudden or unexpected accidents (God Forbid).

  • How Can I Subscribe

    Electronically: your Policy is a few clicks away , just Log In to AlMubashir- make a purchases and complete the transaction.

    Or

    Visit our selected insurance sales branch. Our trained staff will welcome you at our branches

    • Pay a visit to our nearest branch selling Insurance products.
    • Go to the Client Service Section
    • Ask for the Personal Accidents Insurance Plan
    • Fill in the application form
    • Pay either in cash; only at the Bank teller, or through your ARB debit card or through a direct debit to your ARB account.
    • Walk out with your Motor Insurance policy

    List Of Available Home insurance sales branches

    We have a list of 12 selected branches in the city of Riyadh , the list is updated frequently

    Branch Name Branch code
    Tahweel Um Al Hamaam 730
    Tahweel Al Naseem 719
    Tahweel Sultana 885
    Tahweel Qudus 731
    Tahweel Al Malaz 722
    Tahweel AlAdel 822
    Tahweel Bin Suliman 762
    Tahweel Al Khaleej 802
    Tahweel Al Hamraa 879
    Tahweel Sulai 877
    Tahweel Dabab 849
    Riyadh Showroom Ijara H.O

    For More Information please contact us : RetailLifeTakaful@alrajhibank.com.sa

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