Fire Class

In the Fire Takaful Schemes, it offers coverage to the participant’s own property; from the private residential house to the commercial warehouse. For a new commercial business applying for any fire products, risk assessment or inspection must be done by Takaful Brunei Am Sdn Bhd (TBA) in order to determine the rate and conditions to be applied for the risk. Furthermore, residential houses may not be inspected unless the sum covered exceed the B$500,000 or it involved semi-wooden and fully wooden material structure. Under this class, TBA has designed interactive products as follows:

Property to be Covered

Building (excluding foundation)
Plant and Machinery
Office equipments
Loss of Rental
Loss of Profit

Extension of Cover

Extension of cover for all the Fire Takaful schemes such as removal of debris, professional fees or other named perils can be arranged and granted subject to underwriting and TBA’s approval.