Index Based Livestock Takaful

PURCHASE OF IBLT

  1. Visit your nearest Takaful Agent
  2. Present your original ID card
  3. Present your registration details i.e. your name, telephone number
  4. Agent will enter the type and number of livestock you wish to insure e.g. 10 camels, 5 cows, 20 goats and 10 sheep.
  5. Agent will enter your division i.e. name of the division
  6. After registration by Agent, the contribution will be automatically calculated and you will pay the amount to the Agent.
  7. You will receive an SMS conrming purchase of IBLT with details of animals covered, contributions you have paid and the total sum insured.
  8. Takaful Agent will issue you with a receipt and policy booklet with your name, policy number and no. of livestock insured Keep this policy booklet safe because you will present it should there be a pay-out. You will also present your ID card.