Etiqa Philippines has launched Takaful Personal Accident (PA), an affordable, Shariah-compliant insurance solution targeting freelancers, entrepreneurs, and self-starters. Starting at just ₱1,400 annually, the product offers comprehensive accident, injury, and life protection with quick claims processing.
Takaful PA operates on ethical principles of mutual assistance, where members contribute to a pooled fund supporting each other during emergencies. This community-based approach includes potential surplus sharing at year-end, returning unused funds to members.
The product features three variants designed for different lifestyles and budgets, backed by Etiqa’s reputation in conventional and Islamic finance, plus Maybank Group’s global expertise.
“We are thrilled to introduce our first Takaful offering, the Personal Accident plan, a testament to Etiqa’s unwavering commitment to ethical finance and inclusive protection,” said Anthony Lou Bernabe, President and CEO of Etiqa Philippines. “Filipinos can expect more innovative Takaful solutions ahead — all designed to uplift communities and ensure that every member shares in the security and prosperity they help create.”
Unlike traditional insurance, Takaful PA creates a true community of care where members’ contributions directly support fellow participants in times of need. This model ensures financial security while maintaining ethical standards and community values.
The launch represents Etiqa’s mission to build people-first products that uphold fairness and strengthen communities.
Visit www.etiqa.com.ph to purchase your Takaful PA plan today.
