Welcome to Our Insurance Company

Insurance that reflects the way you live your life.

Welcome to Methaq Takaful Insurance Company, where you can find the Takaful insurance solutions compliant with the Islamic Shariah.

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Why People Choose Us?

We're here for the bad times. The good ones, too.

Looking Forward to Driving It?

With great offers & discounts we proudly present you motor Insurance plans.  Just enter the quick details below to get your One-Minute Quotation

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It is very easy to renew your motor policy

The wait is over for renewing your Motor policy online with Methaq!

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Looking for a tension free travel?

Whether you travel on holiday or business, you would like your trip to be free of unpleasant surprises.Are you looking for a schengen visa Travel insurance ? do you need to have an urgent Travel insurance for your upcoming USA or Europe visit? Methaq definitely Can help you

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Let our clients tell about us

You keep building the life you want. We'll protect it.

I had a bike accident they finished my claim very fast I would like to thank Mr Hassan for his attention and care.

David Ada

New York

I have insurance from them. One day required roadside assistance. They reach in no time. Thankssss

Zameer Ul Hassan

North Carolina

Great company dealing with them for the last 10years

Alaa Najem

Arizona

You Are In a Good Company!

Get to Know Our Team

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    Just add property to your auto insurance and save 15%!

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    Insurance bundles that flex as your needs evolve

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    Just the basics bundle

    from$12.99
    Get full protection for the things you keep in your apartment and for your car.
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    Car + Property insurance

    from$9.99
    Combine auto with your home, renters or condo insurance and get 15% off.
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    Enough for two bundle

    from$6.99
    Built-in discounts help you save on the insurance you need as a couple.
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    Health insurance for all family

    from$29.99
    As life settles, your insurance tends to go on cruise control. We help you make sure your nest
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    Takaful in Arabic means “togetherness”. It is an alternative mode of insurance, based on the principles of cooperation and support to other members of the society. Takaful respects the rules & regulations of the Shariah Law. The word “takaful” actually originated from the Arabic word “Kafalah” which means “pledge”. In other words, Takaful means mutual responsibility or guarantee. It is not a bilateral monetary transaction as is the case with conventional mode of insurance. Takaful system is based on mutual cooperation, assistance, protection & responsibility. All the contributions are pooled together to create a fund so as to compensate those members who suffer loss and any surplus is refunded to non-suffering participants based on the agreed ratio

    In conventional insurance, the Insurance Company sells the Policy for a premium and the Insured buys it by paying the premium. It is like a Sale & Purchase Agreement where the Insurance Company promises to provide protection in return for charging a premium. Policyholders have no relationship among themselves. The Insurance Company is responsible to pay claims from its own assets (insurance premiums and shareholder funds) and the profits generated belong to the Insurance Company.

    As it is based on the concept of “togetherness” and “helping each other”, the underwriting profit is shared among all participants who have not claimed during the year. In short, one cannot take advantage at another’s cost.

    Upon expiry of the policy, if there is a surplus available from the Takaful fund declared for that month, the Takaful participant of that policy will be eligible to get the declared refund ratio as per agreement.

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