fire & Property Takaful

Business places, homes, and property in general signal affluence and prosperity, and it is only prudent to safeguard our possessions against potential risks.  Our Fire and Allied Perils Takaful provide a vast coverage against all these risks to make your life and business secure.

Fire Takaful provides compensation to the individual participant or firm in the event of damage to property (i.e. buildings, stock, machinery and other contents) caused by fire, lightning or explosion. We have extended customized coverage for diversified industrial sector companies as per their needs. Other major covers include Property All Risk Takaful, Home Takaful and Comprehensive Machinery Takaful.

This Takaful policy covers Fire losses due to the following:

• Fire;
• Lightening;
• Riot and Strike;
• Malicious damage;
• Explosion and shock;
• Atmospheric disturbance (flood, inundation etc.);
• Earthquake;
• Aircraft and Impact damage;
• Burglary and Housebreaking; and
• Electrical Clause "B".

Contribution Payment Procedure:
Contributions are to be paid at the time of the membership’s inception. The procedure for payment of contributions is as follows:

• After acceptance of the proposal, a temporary cover note is issued to the participant while risk inspection survey is carried out if required.
• Upon successful inspection, the Participant’s Membership Document (PMD) is issued to the participant along with the billing receipt.
• The participant is required to pay the contribution within 15 days of receiving the receipt.
• The contribution is to be made via cheque or pay order in favor of “Pak-Qatar Genera Takaful Fund”, mentioning the name and PMD number at the back of the cheque.

Claims Reporting Procedure:
The claims management body follows standardized procedures and is available round the clock for assistance and prompt service delivery to Participants.

• Contact the Claims Department at PQGTL Head Office via phone/email/fax/letter as soon as possible.
• Notify the local law enforcement agency promptly.
• Complete the Claims form and other related documents for timely processing of claims. Valid PMD is a prerequisite for entertainment of claims.
• Claims notification can be carried out on the following numbers:

1. Head Office, Karachi Mr. Rashid Shah Khan: 0315-200501
2. Lahore Office Mr. Abdul Hameed/Mr. NasirShahzad: 0315-200501
3. Faisalabad Office Mr. Adnan/Mr. Mansoor Shams: 0315-2005019
4. Islamabad Office Mr. NasirNoman/Mr. SaqibGhafoor: 0315-2005020