Takaful Solutions General Takaful Kiri Govi Sathkara

Kiri Govi Sathkara

Kiri Govi Sathkara

‘Kiri Govi Sathkara’, yet another revolutionary insurance scheme offered by Amãna Takaful PLC (ATL) ,aims to up lift the livelihood of the local dairy farmer and is the latest addition to Amana Takaful’s innovative line-up of covers.

Around 300,000 dairy farmers across the island work to provide and satisfy the essential dairy needs of the country. Yet the importance of their function for society is overshadowed by the hardships they face. If their cattle pass away or a similar fate befalls the farmer, their families are thrust in to a plethora of complications. ATL has identified the fickle flow of life these dairy farmers have to go through and seeks to provide a secure foundation for them.

The government in its recent budgets emphasized on the upliftment of the SME sector. The dairy farmers could be considered a significant contributor to this segment. Unfortunately, these groups of entrepreneurs are vulnerable to financial instability. Also, very little steps have been taken to guide this sector with regards to educating the farmers for sustainable development. ATL saw this as an opportunity to expand its portfolio by serving this underserved market, whilst uplifting the social standards of these farmers.


Term Sheet

“Kiri Govi Sathkara” scheme is designed with a list of benefits that seeks to provide relief to critical issues faced by our dairy farmers. The cover seeks to do so through a Takaful for the farmer while providing the necessary payments in the case of accidental or natural death of their precious cattle.

The Takaful contribution for this product would be determined as per the value of the cattle and a 3.5% would be charged as the standard Takaful contribution.

‘Kiri Govi Sathkara’ entails the following benefits:

  • Compensation to the farmer, due to accidental or natural death of cattle
  • Specialized life insurance covers worth Rs.100, 000 for the insurance holder
  • Rs25,000 as funeral expenses in the in the unfortunate event of the policyholder’s demise


Eligibility Criteria for Claims

“Kiri Govi Sathkara” scheme is designed with a list of benefits that seeks to provide relief to critical issues faced by our dairy farmers. The cover seeks to do so through a Takaful for the farmer while providing the necessary payments in the case of accidental or natural death of their precious cattle.

The Takaful contribution for this product would be determined as per the value of the cattle and a 3.5% would be charged as the standard Takaful contribution.

‘Kiri Govi Sathkara’ entails the following benefits:

  • Age limit of cattle – 6 month to 10 years
  • Death of cattle to be certified by a registered veterinarian
  • In the event of a natural death to the cattle, the agent to be informed at earliest and adhere to the instructions provided

This cover could be obtained by not only for the larger-scale dairies, but even by the farmers who maintain smaller farms. The proposed scheme would support this segment of society to maximize its potential whilst being assured, that during an unforeseen eventuality – they would be financially protected.

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CONTACT US

No. 660 – 1/1, Galle Road,
Colombo 03,
Sri Lanka.

[t]  +94 11 7501000
[f]  +94 11 2597429
[e]  info@takaful.lk

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