CEBUANA Lhuillier Insurance Brokers has partnered with Etiqa to launch the country’s first Takaful insurance product, tailored for the Islamic community and promoting financial inclusion.
This partnership aligns with Cebuana Lhuillier’s commitment to making financial protection accessible to all Filipinos.
The Takaful Group Personal Accident, priced at P150 per certificate, offers Shariah-compliant coverage for accidental death, permanent disability and public transport accidents, with hospital cash allowances and worldwide 24/7 protection.
Clients can hold up to five active certificates annually, with coverage lasting one year from issuance.
Underwritten by Etiqa, a leading Asean insurance provider under the Maybank Group, the product emphasizes ethical, transparent and community-driven principles rooted in Shariah law.
Jean Henri Lhuillier, president and chief executive officer of Cebuana Lhuillier, highlighted the significance of the launch, saying, “This marks a major step in empowering communities and ensuring financial security for all.”
Cebuana Lhuillier, known for its microfinance services, continues to expand its offerings through over 3,500 branches nationwide, reinforcing its role as a leader in inclusive financial solutions. / KOC