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Want to know about takaful insurance Shariah Compliant insurance
Hi Yaqoob, thanks for reaching out. Takaful insurance is a community pooling system wherein all policyholders pool a sum as an insurance premium to help those in need of financial aid. The losses and liabilities are shared collectively by the group. While this is widely popular in a number of Islamic countries in the Middle East and Southeast Asia; as per available public information, we do not see this offering being available in India currently. Policybazaar does not provide takaful insurance either.
However, there are several low-cost, high-coverage range policies available on our website from various insurers that might be useful for your parents. You can find out more about health insurance and also check out various policies here: Health Insurance
Meanwhile, we have also arranged a callback for you from one of the health insurance advisors. The advisor shall reach out to you shortly.
