- Section I - Material Damage
- The cover provided under this section is on “all risks” basis subject to certain specific exclusions.
- The following can be covered under this section. (a) Erection Works - (Cost of machinery erected, freight, custom duties and dues, all expenses connected with the cost of erection and testing etc) (b) Civil Engineering works (incidental) (c) Materials on site (d) Construction Plant, Equipments & Machinery.
- Section II - Liability to Third Parties
- Participants legal liability to third parties is covered - both bodily injuries & property damage in connection with the erection works on or adjacent to the work site.
Business solutions
Erection All Risks Takaful
This Takaful scheme provides a comprehensive form of cover on MACHINERY undergoing assembly, erection and movement/transport into site of erection and subsequent testing and commissioning.
You may also need
Contractors' All Risks Takaful
Engineering
The Contractor’s All Risk Takaful is a full option insurance policy for all builders that provides protection against any sudden and unforeseen physical loss or damage to structures that are being constructed, or to materials on site.
Learn more
Fire Takaful
Property
The constant worry of property ownership is that an unexpected event may occur and the recovery would result a significant loss. Buying a fire takaful offers wide protection from additional risks in addition to covering fire. Get your property covered now and get recovery advantage in case of an unforeseen event
Learn more
Burglary Takaful
Property
Keep your mind at ease with the Burglary Takaful Policy, which ensures that your property is protected against any loss or damages caused by theft, through actual, forcible and violent entry to, or exit from, the premises.
Learn more