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Solidarity Saudi Takaful

Solidarity Saudi Takaful

Takaful insurer part of the Bahrain-based Solidarity Group.

Official website

Headquarters

Riyadh

Established

2009

Contact Information

Registered Office

King Fahd Road, Riyadh, Saudi Arabia

Products on World Best Insurer (3)

Our take on Solidarity Saudi Takaful

Solidarity Saudi Takaful is a takaful insurer headquartered in Riyadh, established in 2009 — 17 years in the market. The company operates in Saudi Arabia across health and motor. We currently track 3 products from Solidarity Saudi Takaful on World Best Insurer.

We do not publish a claim settlement ratio for Solidarity Saudi Takaful yet. Our figure for this insurer has not been verified against the regulator's own filing, and we would rather show nothing than a number we cannot stand behind. The insurer's published annual report and its regulator's disclosures are the right primary sources until we have.

Solidarity Saudi Takaful is a two-line specialist (health, motor), with 3 products listed in our database for this country. That matches the typical category breadth for an insurer operating in this country. The two-to-three product lines are typical of insurers running one or two flagship plans plus a specialist option for higher sums insured.

When evaluating Solidarity Saudi Takaful against other insurers in Saudi Arabia, the metrics that matter most depend on the policy you are buying. For term life, claim settlement ratio and financial strength carry the most weight — the policy is worth nothing if the claim is denied at maturity. For health, the network breadth, pre-existing waiting period, and the specific exclusions list matter more than the headline premium difference. For motor, the depreciation schedule and the cashless garage network determine the real economic value of a claim. For travel, the medical evacuation limit and the list of excluded adventure activities are the two clauses to read before buying. Solidarity Saudi Takaful's individual products are listed below — click into any plan to see our peer-aware analysis of where it sits within health.

Analysis by WBI Editorial Team · Sourced against Solidarity Saudi Takaful public filings · how we research insurers

All data is from publicly available sources. Visit the insurer's official website for current information.