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Machinery All Risk Takaful Scheme


Machinery All Risk Takaful Scheme provides coverage for individuals or company/business owners against losses due to unexpected damage to the machinery or equipment whether owned, rented or borrowed by the participants.

Basic Scope of Cover

  • This Takaful Scheme covers participants from losses resulting from any unforeseen and sudden physical loss to the machinery or equipment as described in the Takaful schedule.

Eligibility

  • Any individuals or company/business owners who owns, rents or borrows machinery or equipment can participate in this Takaful Scheme.

Period of Takaful

  • Duration of cover is for one (1) year. You need to renew your Certificate annually.