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Contractors' All Risks Takaful

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.

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The cover provided under this Takaful Scheme is of two sections.

Section I – Material Damage
- The cover provided under this section is on “all risk” basis subject to certain specific exclusions. The following can be covered under this section. (a) Contract Work (b) Materials on site (c) Construction Plant, Equipment & Machinery (eg: scaffolding, auxiliary bridges, timbering / casing, tools & tackles, power generating sets, etc.)
Section II - Liability to Third Parties
- Participants legal liability to third parties is covered - both bodily injuries & property damage

Proposal form

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