Marine Hull & Machinery Takaful provides cover against physical loss or damage to Ship’s Hull & Machineries and other equipment of the ship/vessel including Total Loss of the vessel, resulting from perils such as Fire, Explosion, Heavy weather, Stranding, Sinking, Collision, etc. The scope, basis and extensions of cover provided are adapted to suit the requirements of our individual clients.
This Takaful policy provides All Risks coverage for the physical loss or damage to the vessel during construction / conversion of the vessel whilst the vessel is under shipbuilder's care and control.
From small Pleasure Crafts to Mega-Yachts, From private/recreational boats to Commercial Boats, we have Takaful solution for all your requirements to protect your financial position, against risks of physical loss or damage to your boat and including third party liabilities, with our comprehensive and tailor-made coverage at competitive price.