Engineering Takaful is designed to cater and offer protection to civil work including plant & machinery which may get affected due to any sudden, unforeseen & accidental losses. Engineering policies are all risk basis I.e; all perils are covered except which are not specifically excluded, making this a first choice Takaful cover for projects and large industrial installations.
Engineering Takaful is divided in two major classes that cover both operational and non operational phases of civil works.
This policy has two Sections to cater for all contingencies associated with Contract work, contractor Plants & Machinery Third-party Liability arising in execution of a project.
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This policy cover for Material Damage and Liability during erection and maintenance period for your project works comprising mainly of assembly of prefabricated elements or machines manufactured off-site.
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The Comprehensive Project Takaful policy is applicable to erection and construction projects.
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This policy covers loss or damage to insured’s fixed Plant & Machinery against sudden, accidental and unforeseen physical loss or damage.
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MLOP Takaful indemnifies the actual loss of gross profit sustained as a result of a business interruption.
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Boiler and Pressure Plant Takaful covers damage to boilers & pressure plant with additional coverage.
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This protect an owner as the operator, lessor, maintainer, the hirer of any electronic equipment.
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The cover indemnifies the insured against physical loss or damage to stocks such as frozen foods and other chilled and frozen items.
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The description mentioned about each takaful on this website is for our client's and customer's information and knowledge only. The benefits offered by these as described herein will be completely dependent on the policy terms, conditions, limitations and exclusions and therefore the information provided through our website should not be misinterpreted.
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