Life insurance :

السؤال

[Question One] : Assalamo Aikom I have bought term life insurance 2 years ago, mainly for living benefit for any critical illness. I might have in the future. I wonder if this is Halal or not ? Your answer very much appreciated. Wasalamo Alikom [Question Two] : Please read my daughter explanation for the life insurance policy which I agree with bellow : “Mom, this is basically asking for the details of your insurance plan. This is a Term life insurance plan which basically is a life insurance plan that will pay out a modest lump sum to one or more beneficiaries and it has the following features : Critical illness benefit-where it pays out a very modest amount if diagnosed with a heart attack, stroke or cancer for the first time in your life and Living benefit-which allows you to take out money from the plan if you are diagnosed as terminally ill with a short amount of time to life. As I understand it, mom, the reason you got this is to ensure that you cover any health care costs that you may need to cover in the case that you become quite ill (explain that you are a serious diabetic and that this was the reason you got it) and that you feel this is necessary as you do not have extended health benefits and the insurance policy was the only way for you to essentially get the same as an extended health coverage because no health insurance policy would accept you because you have already been diagnosed with diabetes and are on serious medication for that and high blood pressure. I hope that this helps... Feel free to forward this response straight to the Imam. I guess if he is asking to find out what the features are of your insurance, there are some kinds that are Halal and others that are not... Take care,”

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2007-02-20

التخصصات الرئيسية

العلوم الاقتصادية والمالية وإدارة الأعمال
الدراسات الإسلامية

عدد الصفحات

3

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-784964

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