- (+254) 731 808 010
- talktous@takafulafrica.co.ke
- Renaissance Corporate Park, Elgon Road, Upperhill,
What is Covered?
Index Based Livestock Takaful (IBLT) protects against prolonged lack of pasture ONLY as a result of severe drought. It helps pastoralists keep their livestock alive during a severe drought season.
The Index
Good pasture availability. Represents above the 70th percentile of pasture conditions over time. This is above normal and stable pasture condition
The index is a measure of pasture availability that is recorded by satellites, called the Normalized Difference Vegetation Index (NDVI).
- Pasture condition falls between 50th to 70th percentiles. The pasture situation is around or slightly above normal.
- Pasture condition falls between 50th to 70th percentiles. The pasture situation is around or slightly above normal.
- Forage condition is between 35th and 50th percentile. The division in question is under considerable stress and below long term average but conditions are not yet serious.
- Forage condition is between 20th – 35th percentiles. Drought situation is serious but not yet classified as severe. Indemnity payout will not be triggered.
- Severe drought condition. Pasture condition represents worst below 20th percentile and below. Indemnity payout will be triggered if conditions persist throughout the season up to the potential payout period.
What Animals Are Covered
- Cattle
- Camel
- Sheep
- Goat
Who can take cover?
Any person shall be eligible for coverage under this Policy provided that at the date of application:
- They own livestock
- Contribution is fully paid
Note that during a payout, payment will be made based on the weather division where you are covered, not the current location of your herd.
Conditions For The Payouts To Be Made
Pastoralists are not always paid when there is a drought. They are only paid when a drought is so severe, that the amount of available pasture falls within the 20th percentile. Pastoralists who have not paid contributions are not covered by the Takaful Livestock Cover, and will not receive payments, even during severe drought.
