Takaful Emarat Term Plan

Takaful Emarat Term Plan

Takaful Emarat Insurance PSC was established in the year 2008. It is a leading life and health Takaful provider in the UAE that is Shariah-compliant. It aims at promoting the concept of Takaful as a genuine alternative to insurance.

Takaful Emarat Fixed Term

One of the life covers provided by Takaful Emarat is the Fixed Term Plan. This plan is designed to secure the future needs of the certificate holder’s family. It takes into account their future cost of living and aspirations. It protects the family of the certificate holder in case he/she is not around to provide for them.

Key Features of Takaful Emarat Fixed Term Plan

Some of the features of the Fixed Term Plan offered by Takaful Emarat are listed below.

Flexible Term

The certificate holder can opt for a flexible tenure ranging between 5 years to 25 years.

Currency

The plan is offered to the consumers in two currency variants - AED and USD. The certificate holder has the option to choose either one.

Guaranteed Benefits

Takaful Emarat Fixed Term Plan provides a payout to the beneficiary in case of death of the certificate holder. The death may be due to any cause, accident or sickness.

Worldwide Coverage

Takaful Emarat Fixed Term Plan provides worldwide coverage to its certificate holders. This ensures that you are covered around the globe.

Benefits of Takaful Emarat Fixed Term Plan

The Fixed Term Plan offered by Takaful Emarat comes with a host of benefits.

Fixed Contribution

The contribution remains constant throughout the tenure of the policy.

Payment Options

The certificate holder has the option to pay monthy, quarterly, semi-annually and annually.

Surplus Sharing

The certificate holder may also be entitled to surplus sharing at the expiry of the contract.

Additional Benefits

The Fixed Term Plan also offers various additional benefits in the form of riders. Following are the rider options available:

  1. Critical Illness
  2. Accidental Death Benefit
  3. Permanent Total Disability
  4. Permanent and Partial Disability

Eligibility of Takaful Emarat Fixed Term Plan

The eligibility conditions of the Fixed Term Plan are listed below.

Eligibility Requirement

Entry Age

18 years to 65 years

Plan Term

5 years to 25 years

Plan Currency

USD and AED

Cover Eligibility

Cover applicable for UAE Residents only

Required Documents

Passport, Visa and Emirates ID

Why Apply Online for Takaful Emarat Fixed Term Plan?

This Shariah-compliant Takaful provider offers a wide array of individual and corporate life and health Takaful products, including the Fixed Term Plan. It aims at becoming the leading Takaful provider in the Middle East, GCC, North Africa, and the other Islamic countries.

The Fixed Term Plan offered by Takaful Emarat is loaded with a number of features and benefits that ensure maximum financial security for the family of the certificate holder. It acts like a shield when the certificate holder is not around.

Its online application process and simple documentation make it easy to purchase.

Claim Process of Takaful Emarat Fixed Term Plan

Takaful Emarat provides dedicated assistance to the beneficiaries of the plan. Here is a brief on how the claim process works.

Contact Customer Service

The first step involves lodging the claim by contacting customer care, either online or by calling the helpline number.

Submit Relevant Documents

The next and most essential step is to submit all the required documents.

Reviewing and Processing

The final step involves the company reviewing the beneficiary’s application. As soon as the verification is complete, the claim is processed.

Contact Details of Takaful Emarat

One can contact the company on its helpline number 600 522 550. Alternatively, one can even write to them at This email address is being protected from spambots. You need JavaScript enabled to view it. or at This email address is being protected from spambots. You need JavaScript enabled to view it., depending on the requirement.

The timings of Takaful Emarat are 8 am to 5 pm from Sunday to Wednesday, and 8 am to 3 pm on Thursday. The provider is closed on Friday and Saturday.

FAQs on Takaful Emarat Term Plan

Q1: What are the maximum and minimum entry ages?

Ans: The minimum entry age is 18 years and the maximum entry age is 65 years.

Q2: Why Takaful?

Ans: The word Takaful means ‘solidarity’ and is a co-operative insurance system. It is based on the concept of mutual cooperation and shared contributions. There is no interest charged, and instead, a regimented subscription and pooled compensation is provided with an aim to protect its members in case of any need or loss.

When one opts for conventional insurance, it involves making investments that can incur risk and thereby generate potential profits, which are retained by the company. On the other hand, Takaful makes sure that no member can gain any sort of advantage at the expense of another.

Q3: Are there any add-ons offered?

Ans: Yes, the plan seeker can enjoy additional benefits on top of the existing base policy. Some of the add-ons offered are critical illness, accidental death benefit, etc.

Q4: What are the currency options?

Ans: The Fixed Term Plan is available in two currencies, AED and USD.

Q:5 Does the plan offer any cash value?             

Ans: No, there is no cash value offered to the certificate holder in this plan.

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