Product ID: A-SABB-3-C-20-034


Takaful concept          

Takaful means ‘guaranteeing each other’ in Arabic, it is an Islamic system of mutual insurance built around the concept of cooperation’. Cooperative contributions are made with the intention of helping other participants faced with difficulties and eliminating the resemblance of Takaful to gambling and exploitation, so each participant contributes to a fund to cover expected claims.


Peace of mind

You can rest assured that this plan is Shariah compliant and is approved by SABB Takaful’s Shariah Committee.

The Shariah Committee members are:

  • Sheikh Abdullah Bin Sulaiman Al Manea
  • Sheikh Dr. Abdullah Bin Mohammed Al Mutlaq
  • Sheikh Dr. Mohammed A. Elgari Bin Eid


 Simplified Underwriting

A simplified underwriting process where you have to answer only 2 questions about your health by Yes or No.


Flexible Term

The period of coverage is 5 years’ renewable, subject to a maximum age of 65 years at plan expiry.


Age Limit

To be eligible for this plan, you must be between 18 and 60 years of age at entry.


Takaful surplus sharing

 The surplus for distribution to Participants in the relevant financial year shall be the Takaful Surplus less the Performance Incentive Fee. The distribution of surplus would be subject to approval of the competent authorities, if required, and of the Board of Directors of the Company.


Affordable contribution and ease of payment

You can opt for monthly, quarterly, semi-annual or annual contribution payment using your credit card or by directly debiting your bank account.


Critical Illness Comprehensive Coverage:


The covered Critical Illness are:

  • Major Cancer
  • Heart Attack
  • Stroke
  • Coronary Artery Bypass Grafting (CABG)
  • End Stage Kidney Failure
  • Major Organ Transplant
  • Heart Valve Surgery
  • Aorta Surgery
  • Multiple Sclerosis
  • Loss of Limbs
  • Blindness


Family Takaful Benefit

The protection benefit is equal to the coverage amount determined at the commencement of the plan, with a minimum of SAR 300, 000.and a maximum of SAR 2,000,000.



Ali, a -35year-old man, seeks Comprehensive critical illness coverage of SAR 500,000 for himself for a period of 5 years. His contribution to this policy will be 130 per month.

If Ali is diagnosed with any of the defined Critical Illness, like end stage kidney failure, during 3rd policy year and necessary claim requirements, are met then SABB Takaful will pay to Ali SAR 500,000 for the treatment of the illness and the policy will be terminated.


Cancer Coverage:


Policy Benefit                

Cover in case of diagnosis of any Major types of Cancer


Family Takaful Benefit

The Takaful benefit is fixed at SAR 250,000



Ali, a 35year-old man, seeks Critical Illness –Cancer l coverage of SAR 250,000 for himself for 5 years. His contribution to this plan will be SAR 445 per annum. In the unfortunate event of Ali being diagnosed with any of the major types of Cancer covered under the policy in the 3rd year of taking the cover and if the necessary claims documents are met then SABB Takaful will pay Ali SAR 250,000 for the treatment of the illness and the policy will be terminated.