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CORPORATE TAKAFUL

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Fire & Property Takaful

Business places, homes and wealth require security from seen and unforeseen losses. These might arise from fires, burglaries, natural calamities  and other hazards which are an unavoidable part of everyday life. In this regards, Fire and Allied Perils Takaful provides comprehensive coverage against all risks to make lives and businesses secure.

Fire Takaful provides compensation to the covered person or firm in the event of damage to property (i.e. buildings, stock, machinery and other contents). This policy extends customized coverage for diverse industrial sector companies according to their needs. This Takaful policy covers Fire losses due to the following:

  • Lightening;
  • Riot and Strike;
  • Malicious damage;
  • Explosion;
  • Atmospheric disturbance (flood, inundation etc.);
  • Earthquake;
  • Shock damage;
  • Aircraft & Impact damage;
  • Burglary and Housebreaking; and
  • Causes detailed under Electrical Clause “B”.