General Takaful Products

Fire Takaful

Takaful myFire
Takaful myFire provides protection for losses to property such as buildings, contents, furniture, plant and machinery as well as stock. The basic Fire Takaful covers loss or damage to your property caused by fire, lightning and explosion of domestic gas cylinder in any building provided such building does not form part of any gas works. The certificate may be extended to include special perils permitted under the Revised Fire Tariff (RFT). Click here for Product Disclosure Sheet.

Takaful myFire

Takaful myFire provides protection for losses to property such as buildings, contents, furniture, plant and machinery as well as stock. The basic Fire Takaful covers loss or damage to your property caused by fire, lightning and explosion of domestic gas cylinder in any building provided such building does not form part of any gas works. The certificate may be extended to include special perils permitted under the Revised Fire Tariff (RFT).

Click here for Product Disclosure Sheet.

Takaful myFire Plus
Takaful myFire Plus provides coverage against loss or damage to the property covered caused by fire, lightning and domestic explosion. The covered property includes: Buildings Stock (raw materials, finished and unfinished goods, materials etc.) Contents (plants & machinery, furniture, fittings and fixtures, office equipment and tools etc.) Terrorism cover Click here for Product Disclosure Sheet.

Takaful myFire Plus

Takaful myFire Plus provides coverage against loss or damage to the property covered caused by fire, lightning and domestic explosion. The covered property includes:

Buildings
Stock (raw materials, finished and unfinished goods, materials etc.)
Contents (plants & machinery, furniture, fittings and fixtures, office equipment and tools etc.)
Terrorism cover

Click here for Product Disclosure Sheet.

Fire Consequential Loss Takaful
This product provides you the coverage against loss of profits, revenue, standing charges, wages or salaries on payroll basis and increase in the cost of working due to business interruption as a result of fire and/or other extended perils. Click here for Product Disclosure Sheet.

Takaful myFire Consequential Loss
This product provides you the coverage against loss of profits, revenue, standing charges, wages or salaries on payroll basis and increase in the cost of working due to business interruption as a result of fire and/or other extended perils. Click here for Product Disclosure Sheet.

Takaful myHouseowner/Householder
Takaful myHouseowner/Householder provides coverage against loss or damage to the building and/or contents of private dwelling houses and flats and residents’ property in hotels, residential clubs and boarding houses used solely for residential purposes. Click here for Product Disclosure Sheet.

Industrial All Risks
Industrial All Risks (IAR) is a comprehensive insurance policy that incorporates Fire, Fire Loss of Profit, Theft and Accidental damage covers. It is subdivided to two sections and covers and all risks not excluded by the certificates. Click here for Product Disclosure Sheet.

Growing Trees Takaful
This policy provides you with coverage for your growing trees against loss or damage by fire or lightning and extended perils. (Rubber Tree, Coco & Palm Oil). Click here for Product Disclosure Sheet.

Miscellaneous Takaful

All Risks Takaful (Non-Mobile)
All Risks cover is for non-mobile machines, covering equipment against the risk of fire, theft and/or other accident or misfortune unless specifically excluded in the certificate whilst the said machines or equipment are kept and/or used within the stated location of risk. Click here for Product Disclosure Sheet.

Equipment All Risk Takaful
Covers specified items or property against loss or damage by Accidental collision/ overturning / collision and/or overturning consequent upon mechanical breakdown or wear and tear Fire, external explosion, self-ignition or lightning Burglary housebreaking or theft Click here for Product Disclosure Sheet.

Equipment All Risk Takaful

Covers specified items or property against loss or damage by

Accidental collision/ overturning / collision and/or overturning consequent upon mechanical breakdown or wear and tear
Fire, external explosion, self-ignition or lightning
Burglary housebreaking or theft

Click here for Product Disclosure Sheet.

Burglary Takaful (Non-Mobile)
This scheme provides cover against loss of or damage to the subject matter due to theft whilst contained in the business or trade premises. This scheme will also cover the damage to your premises due to forcible entry or exit accompanied in the event of theft. However, you as the business owner should already have participated in our Fire Takaful Plan before applying for this plan. Click here for Product Disclosure Sheet.

Burglary Takaful (Non-Mobile)

This scheme provides cover against loss of or damage to the subject matter due to theft whilst contained in the business or trade premises. This scheme will also cover the damage to your premises due to forcible entry or exit accompanied in the event of theft. However, you as the business owner should already have participated in our Fire Takaful Plan before applying for this plan.

Click here for Product Disclosure Sheet.

Money Takaful
This is suitable for businesses involving daily cash transactions where coverage is provided for monies lost in transit or kept in premises. In the event of any loss/damage of the money by the theft peril, Takaful Malaysia will indemnify you. Click here for Product Disclosure Sheet.

Fidelity Guarantee Takaful
In the normal course of business transactions, you, as an employer invariably must entrust money, securities, goods, etc. or delegate monetary responsibility to the employee. If an employee absconds with the money, you would suffer a financial loss. To protect the possibility of a financial loss, this scheme is the most appropriate for you. Click here for Product Disclosure Sheet.

Plate Glass Takaful
This policy has become more popular now as more buildings and premises are largely fitted with glass panels. It covers the breakage of fixed glass in commercial and industrial premises, public buildings, business complexes etc. The Company will pay or make good to the Participant on the glass covered against breakage subject to the limit as specified in the Schedule of the Takaful Certificate. Click here for Product Disclosure Sheet.

Plate Glass Takaful

This policy has become more popular now as more buildings and premises are largely fitted with glass panels. It covers the breakage of fixed glass in commercial and industrial premises, public buildings, business complexes etc.

The Company will pay or make good to the Participant on the glass covered against breakage subject to the limit as specified in the Schedule of the Takaful Certificate.

Click here for Product Disclosure Sheet.

Engineering Takaful

Contractor’s All Risks Takaful
The Contractor’s All Risk certificate provides coverage for Contractors & Developers to meet their obligations under contract conditions for civil engineering works awarded to them such as construction of building, infrastructure and other civil engineering works. The certificate coverage during the construction period for loss or damage to contract works can be extended to include the maintenance period from any cause not specifically excluded. The certificate ceases at completion of the project and handover to the Principal. The Contractor`s All Risk certificates are not annual certificates and as such are not renewable. The certificate also provides indemnity in respect of third-party liability which the Participant shall become legally liable arising from carrying out the contract works. Click here for Product Disclosure Sheet.

Contractor’s All Risks Takaful

The Contractor’s All Risk certificate provides coverage for Contractors & Developers to meet their obligations under contract conditions for civil engineering works awarded to them such as construction of building, infrastructure and other civil engineering works. The certificate coverage during the construction period for loss or damage to contract works can be extended to include the maintenance period from any cause not specifically excluded. The certificate ceases at completion of the project and handover to the Principal. The Contractor`s All Risk certificates are not annual certificates and as such are not renewable. The certificate also provides indemnity in respect of third-party liability which the Participant shall become legally liable arising from carrying out the contract works.

Click here for Product Disclosure Sheet.

Erection All Risks Takaful
The Erection All Risks certificate provides a comprehensive coverage for contractors to meet their obligations under contract conditions for projects works involving erection of machinery, plant, steel structures of any kind awarded to them for projects associated with erection, installation, testing and commissioning at a project site. The certificate can also provide coverage for the duration of erection work including testing/commissioning. In addition to the material damage, the certificate also provides indemnity in respect of third-party liability which the Participant shall become legally liable arising out in connection with the execution of a project. Click here for Product Disclosure Sheet.

Erection All Risks Takaful

The Erection All Risks certificate provides a comprehensive coverage for contractors to meet their obligations under contract conditions for projects works involving erection of machinery, plant, steel structures of any kind awarded to them for projects associated with erection, installation, testing and commissioning at a project site. The certificate can also provide coverage for the duration of erection work including testing/commissioning. In addition to the material damage, the certificate also provides indemnity in respect of third-party liability which the Participant shall become legally liable arising out in connection with the execution of a project.

Click here for Product Disclosure Sheet.

Machinery Breakdown Takaful
This scheme covers sudden and unforeseen damage to the machinery whilst at work or rest, and during cleaning, inspection, over-hauling or removal or transfer to another position within the premises. All plant and machinery are susceptible to breakdown or damage regardless of its quality or the care bestowed on it by its owners. With the rising cost of materials, labour, transport, repairs, fluctuations in foreign exchange rates, replacements are proving to be increasingly expensive. Click here for Product Disclosure Sheet.

Machinery Breakdown Takaful

This scheme covers sudden and unforeseen damage to the machinery whilst at work or rest, and during cleaning, inspection, over-hauling or removal or transfer to another position within the premises. All plant and machinery are susceptible to breakdown or damage regardless of its quality or the care bestowed on it by its owners. With the rising cost of materials, labour, transport, repairs, fluctuations in foreign exchange rates, replacements are proving to be increasingly expensive.

Click here for Product Disclosure Sheet.

Machinery Breakdown Loss of Profit Takaful
The Product provides coverage for financial losses sustained as a result of a machinery breakdown. The certificate must be issued concurrently with the Machinery Breakdown certificate. Click here for Product Disclosure Sheet.

Storage Tanks Takaful
The product provides cover for sudden and unforeseen loss or damage to storage tank from any cause unless it is specifically excluded in the certificate. The product can also cover for total and partial loss of contents stored in the storage tanks if the physical damage to the storage tank is indemnified. Click here for Product Disclosure Sheet.

Boilers and Pressure Vessel Takaful
The Boiler and Pressure Vessel certificate provides cover for any sudden and unforeseen physical loss or damage caused by explosion and collapse of the boiler unit or other apparatus by force of internal steam or fluid pressure. The coverage is subject to the terms, exceptions and conditions of the certificate. This certificate also extends to indemnify third party liability which the Participant shall become legally liable arising for property damage and bodily injury. Click here for Product Disclosure Sheet.

Boilers and Pressure Vessel Takaful

The Boiler and Pressure Vessel certificate provides cover for any sudden and unforeseen physical loss or damage caused by explosion and collapse of the boiler unit or other apparatus by force of internal steam or fluid pressure. The coverage is subject to the terms, exceptions and conditions of the certificate. This certificate also extends to indemnify third party liability which the Participant shall become legally liable arising for property damage and bodily injury.

Click here for Product Disclosure Sheet.

Workmen’s Compensation Takaful
This scheme provides cover to you as an employer in respect of your statutory liability for which you shall be liable to pay compensation to any employee for bodily injuries sustained by accidents or occupational diseases arising out of and in the course of his employment under the Workmen’s Compensation Law(s) and Common Law to your workmen who are not covered by SOCSO. Click here for Product Disclosure Sheet.

Workmen’s Compensation Takaful

This scheme provides cover to you as an employer in respect of your statutory liability for which you shall be liable to pay compensation to any employee for bodily injuries sustained by accidents or occupational diseases arising out of and in the course of his employment under the Workmen’s Compensation Law(s) and Common Law to your workmen who are not covered by SOCSO.

Click here for Product Disclosure Sheet.

Electronic Equipment Takaful
This certificate offers a comprehensive cover for electronic and computer related equipment including external date media. Any physical loss will be compensated, unless the loss is excluded. Items damaged or destroyed must be due to sudden unforeseen circumstances, whereby they are no longer able to function properly. Click here for Product Disclosure Sheet.

Liability Takaful

Professional Indemnity Takaful
This policy indemnifies the Insured for those sums which the Insured, as a result of conducting the insured profession, will become legally liable to pay as damages for loss caused by an incident which takes place within the Territorial Limit stated in the Policy schedule after the Retroactive Date stated in the Policy Schedule and before the policy period ends. Click here for Product Disclosure Sheet.

Professional Indemnity Takaful

This policy indemnifies the Insured for those sums which the Insured, as a result of conducting the insured profession, will become legally liable to pay as damages for loss caused by an incident which takes place within the Territorial Limit stated in the Policy schedule after the Retroactive Date stated in the Policy Schedule and before the policy period ends.

Click here for Product Disclosure Sheet.

Public Liability Takaful
This certificate is designed to protect you as the owner of your business against your legal liability to pay compensation for accidental bodily injury to or accidental damage to the property of the public caused by or through your negligence or the negligence of your employees. The liability mentioned also includes legal charges and expenses. All firms and business enterprises would require cover provided under the Scheme, and it is important that the proposer selects an adequate limit in view of the substantial claims that may arise. Click here for Product Disclosure Sheet.

Public Liability Takaful

This certificate is designed to protect you as the owner of your business against your legal liability to pay compensation for accidental bodily injury to or accidental damage to the property of the public caused by or through your negligence or the negligence of your employees. The liability mentioned also includes legal charges and expenses. All firms and business enterprises would require cover provided under the Scheme, and it is important that the proposer selects an adequate limit in view of the substantial claims that may arise.

Click here for Product Disclosure Sheet.

Employer’s Liability Takaful
Similar to the Workmen’s Compensation scheme, liability may be attached to you as an employer should your employees sustain bodily injury or disease caused by accidents during the course of employment. For categories of employees not protected by the Workmen’s Compensation Act’s or SOCSO, liability at law would still exist and you may obtain indemnity under the Employer’s Liability. Click here for Product Disclosure Sheet.

Employer’s Liability Takaful

Similar to the Workmen’s Compensation scheme, liability may be attached to you as an employer should your employees sustain bodily injury or disease caused by accidents during the course of employment. For categories of employees not protected by the Workmen’s Compensation Act’s or SOCSO, liability at law would still exist and you may obtain indemnity under the Employer’s Liability.

Click here for Product Disclosure Sheet.

Product Liability Takaful
Product Liability is one’s legal liability to compensate for injury or damage sustained by another person caused by defective products supplied, distributed or sold. Liability for defective products may arise as a result of negligence in the process of manufacture, design, storage, packaging or even marketing including product information such as misrepresentation, failure to give warning or instruction of use. Click here for Product Disclosure Sheet.

Product Liability Takaful

Product Liability is one’s legal liability to compensate for injury or damage sustained by another person caused by defective products supplied, distributed or sold. Liability for defective products may arise as a result of negligence in the process of manufacture, design, storage, packaging or even marketing including product information such as misrepresentation, failure to give warning or instruction of use.

Click here for Product Disclosure Sheet.

Comprehensive General Liability Takaful
The policy protects you against any third-party legal liability that may rise during the course of your business / project during the period of insurance and within the territorial limits. Click here for Product Disclosure Sheet.

Motor Takaful

Takaful myMotor-Commercial Vehicle (Permit A, C & Special Type)
This product indemnifies you against your liabilities to third parties for injury or death, damage to third parties ‘property and accidental or fire damage to your vehicle or theft to your vehicle. Click here for Product Disclosure Sheet.

Marine

Marine Cargo Takaful
The Marine Cargo provides you with coverage for the loss or damage to goods shipped on all types of conveyances (sea, air, road and rail) from warehouse point-of-origin to warehouse point-of-destination, including incidental storage. Click here for Product Disclosure Sheet.

Goods in Transit Takaful
The product covers loss, destruction or damage to the goods whilst in transit by a lorry, train or any other land conveyance or whilst temporarily housed in the ordinary course of transit within the territorial limit caused by named perils or accidental means. Click here for Product Disclosure Sheet.

Personal Accident Takaful

Group Personal Accident Takaful
The product compensates Group of Persons covered should they suffer bodily injury caused by violent, accidental, external and visible means. Click here for Product Disclosure Sheet.