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Material Damage
Contractors’ All Risks Takaful covers against any unforeseen and sudden physical loss or damage from any cause (other than those specifically excluded in the Certificate) to the contract works during the period of Takaful.
Third Party Liability
Contractors’ All Risks Takaful will cover your legal liability to third parties up to Third Party Liability Limit selected consequent upon:
i) Accidental bodily injury to or illness of third parties (whether fatal or not).
ii) Accidental loss of or damage to property belonging to third parties.
Optional benefits
With additional contribution, you can also include the following extensions in your cover:
i) Removal of Debris
ii) Professional Fees
Applicable for business enterprises and corporations, subject to the underwriting consideration by the Takaful Operator.