Life Insurance

As human beings we are subject to risk of death due to natural causes and accident.

Death of a bread winner results in loss of income to the household. Apart from the personal loss family members face difficulty in maintaining the lifestyle they are used to. Life insurance policy comes to the rescue of the family by paying out the claim amount which can be used to meet immediate expenses and face the difficult times with confidence.

Life insurance provides following benefits:

  • Financial support to your family in event of your unfortunate demise
  • Accumulate a fund for higher education of your children
  • Plan for your old age through regular savings

What is Life Insurance? 

Cashback Plan

Cash Back Plan is a convenient way for you to save for the future and obtain regular cash flow.

Education Expenses Plan

Every parent aspires to provide the best possible education to his child. However the rising cost of living makes it difficult to balance the monthly budget. It is therefore necessary to start saving early to be able to afford the school expenses.

Individual Term Assurance Plan

Term Assurance will provide financial help to the family on the unfortunate demise of the Life Assured.


“Kamana” is a savings/protection plan with multiple benefits exclusively designed to cater to the short term and long term needs of women

Mortgage Protection

Mortgage Protection Plan protects your family by repayment of the loan through policy proceeds in the event of death of borrower.

Ran Reyru

Ran Reyru is a three in one plan of Life Insurance which combines triple benefits of saving, liquidity and protection


News and Updates

  • Ayady Takaful commences “2017 Surplus Distribution”

    Allied Islamic window; Ayady Takaful holds a press briefing session regarding “Distribution of Surplus” for the year 2017. As announced at Allied Special Event 2019, Ayady customers can submit claim forms till 31st March 2019, 4pm. Surplus application forms will be available online from Ayady website; as well as from Ayady Customer front office located in H.Orchid (In front of Velaanaage)

    February 11th, 2019
  • Allied Insurance Company welcomes New Managing Director Mr. Mohamed Shafaz

    State Trading Organization plc appoints Mr. Mohamed Shafaz as the new Managing Director of Allied Insurance Company of the Maldives, effective from 31st January 2019. The appointment was made following the resignation of former Managing Director Mr. Ahmed Ameel, owing to familial responsibilities.

    January 31st, 2019
  • Allied Insurance Company marks 34th Anniversary in Special Event 2019

    The leading insurer of the Maldives; Allied Insurance Company holds the 3rd edition of Special Event to celebrate their 34 years of dedicative service. This ceremony held in Dharubaaruge on the 30th of January 2019 was honored by the Chief Guest; Governor of Maldives Monetary Authority Mr.Ahmed Naseer, other high level dignitaries/ government officials, Agents/ Brokers and corporate clients of Allied Insurance Company.

    January 30th, 2019