Walaa Cooperative Insurance Co — Saudi Arabia
Live offers from Walaa Cooperative Insurance Co in Saudi Arabia, tracked daily by Giraffy.
Live offers
- Walaa Visit Visa Insurance KSA
- Traveler
- Walaa Travel Insurance KSA
- Walaa Pension Plan KSA
- Walaa Home Insurance KSA
Walaa Cooperative Insurance is a Saudi SAMA-regulated cooperative insurer offering motor, medical and general insurance. As a cooperative company, policyholders share in any surplus generated. Walaa is mid-sized in the Saudi market and competes primarily for individual and SME customers seeking value-for-money cooperative insurance. It is supported by Saudi British Bank (SABB) as an anchor shareholder.
| Provider | Walaa Cooperative Insurance |
|---|---|
| Country | Saudi Arabia |
| Provider type | Cooperative insurer — motor, medical, general |
| Anchor shareholder | SABB (Saudi British Bank) |
| Best for | SABB customers and individuals seeking a cooperative insurer |
| Alternatives | Tawuniya, Al Rajhi Takaful, ACIG, Malath |
Best for
- SABB customers who want to bundle insurance with their bank
- Saudi individuals who want a cooperative (takaful-style) insurer backed by a major bank
Not ideal for
- Users who need a large insurer with broad product breadth and an extensive claims network
Walaa Cooperative Insurance Co. vs alternatives
Walaa Cooperative Insurance Co. vs Tawuniya
Saudi Arabia's largest cooperative insurer. Walaa vs Tawuniya: Tawuniya is the market leader. Walaa is a smaller cooperative option backed by SABB.
Walaa Cooperative Insurance Co. vs SAB
SABB banking products — separate from Walaa insurance. Walaa is the insurance affiliate of SABB. If you want banking products, use SAB (SABB). For insurance, compare Walaa with Tawuniya and Al Rajhi Takaful.
Walaa Cooperative Insurance Co. in Saudi Arabia — FAQ
Is Walaa insurance Sharia-compliant?
Yes. Walaa is a cooperative insurer, which shares risk among policyholders under Islamic finance principles. It is regulated by SAMA.
Walaa Insurance Motor Takaful: Drive with Peace of Mind
Walaa’s Motor Takaful covers third-party liability through full comprehensive protection for new and used vehicles. Purchase or renew instantly via the Walaa app, e-portal, or any branch, and customize with roadside assistance, zero-deductible options, and windscreen cover. Enjoy instant digital policy issuance, cashless repairs via direct billing at approved workshops, and 24/7 bilingual claims support to keep you safely on the move.
Why Choose Walaa Insurance for Motor Takaful?
- Coverage from third-party liability to full comprehensive plans
- Optional roadside assistance & zero-deductible protection
- Instant online quotes and digital policy issuance
- Cashless repairs via direct billing at approved workshops
- 24/7 bilingual claims support
Walaa Insurance Retirement Takaful: Secure Your Future Income
Walaa’s Retirement Takaful offers unit-linked savings plans that blend protection and investment growth to generate a steady retirement income. Choose your contribution frequency—monthly, quarterly, or annually—and allocate among conservative, balanced, or growth fund options. The plan features a guaranteed minimum lifetime payout, optional lump-sum at retirement, and waiver-of-contribution on death or total disability. Manage your account and track performance digitally via app or e-portal.
Why Choose Walaa Insurance for Retirement Takaful?
- Flexible contribution schedules to suit any budget
- Fund choice: conservative, balanced, or growth
- Guaranteed minimum lifetime payout and lump-sum option
- Waiver-of-contribution on death or total disability
- Real-time digital tracking and reports
Walaa Insurance Travel Takaful: Journey with Confidence
Walaa’s Travel Takaful features single-trip and annual multi-trip plans covering emergency medical, evacuation, repatriation, trip cancellation, and baggage loss. Purchase online or via app—select durations from 30 to 180 days—and add optional adventure-sports or cancel-for-any-reason cover. Benefit from instant policy issuance, global assistance hotlines, and a fully digital claims process.
Why Choose Walaa Insurance for Travel Takaful?
- Single- and multi-trip options to suit any traveler
- Broad emergency medical, evacuation & repatriation
- Trip cancellation & baggage protection
- Instant digital issuance & 24/7 global hotlines
- Adventure-sports & cancel-for-any-reason add-ons