CONTRACTOR’S ALL RISK TAKAFUL (CAR)

The policy has two Sections to cater for all contingencies associated with Contract works.

Section: I

Material Damages – This section covers loss or damage to contract works and other ancillary facilities on comprehensive basis.

Section: II

Third Party Liability – This section covers legal liabilities to third parties arising out of accidental bodily injury or property damage in connection with contract works. This policy provides protection throughout the construction period followed by agreed maintenance period.

Section I – Physical Loss or Damage:                           

• Fire, lightning, flood, storm and tempest and other natural catastrophes deemed Acts of God;
• Accidental loss and /or damage during construction;
• Collapse, collision, impact, burglary, theft;
• Malicious damage, aircraft;
• Riots, strikes and/or civil commotion

Section II – Third Party Liability :

• Accidental bodily injury &/or death to third parties
• Accidental damage to property (excluding property belonging to or in the custody or under the control of insured, and  legal expenses for defending any proceedings the with company’s consent).