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.
Property to be Covered
• Building (excluding foundation)
• Plant and Machinery
• Office equipments
• Stock
• Loss of Rental
• Loss of Profit
• Project
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.
Products
Basic Fire
This scheme is designed to provide protection for both RESIDENTIAL and COMMERCIAL properties against a number of perils.
Objective
To provide Takaful protection against loss or damage to the covered properties.
Scope of Cover
Provide coverage against loss or damage to the properties covered caused by fire, lighting and explosion.
Additional perils (optionals)
• Aircraft Damage
• Earthquake and Volcanic Eruption
• Storm, Tempest, Hurricane, Cyclone, Typhoon, Windstorm
• Explosion (Non-Industrial without Boilers)
• Impact damage excluding Owner’s Vehicles
• Bursting or overflowing of tanks apparatus or pipes
• Electrical Installations
• Riot, Strike and Malicious Damage
• Flood
Property can be covered
• Building
• Plant and machinery
• Furniture, fixtures, fittings and equipment
• Rental
• Stock in trade
Period of Takaful
One (1) year coverage
Fire and Allied Perils
This scheme is designed to provide protection for both RESIDENTIAL and COMMERCIAL properties against a number of perils.
Objective
To provide Takaful protection against loss or damage to the covered properties.
Scope of Cover
Provide coverage against loss or damage to the properties covered caused by fire, lighting and explosion.
Additional perils (optionals)
• Aircraft Damage
• Earthquake and Volcanic Eruption
• Storm, Tempest, Hurricane, Cyclone, Typhoon, Windstorm
• Explosion (Non-Industrial without Boilers)
• Impact damage excluding Owner’s Vehicles
• Bursting or overflowing of tanks apparatus or pipes
• Electrical Installations
• Riot, Strike and Malicious Damage
• Flood
Property can be covered
• Building
• Plant and machinery
• Furniture, fixtures, fittings and equipment
• Rental
• Stock in trade
Period of Takaful
One (1) year coverage
House Owner
This scheme provides a wide scope of coverage which offers comprehensive protection aims to protect private dwelling belong to participant.
Objective
To provide Takaful protection against covered perils to your residential property and contents.
Additional Type of Covers
1. Householder Takaful Scheme: It offer comprehensive protection to the household such as furniture, television and etc.
2. House Owner Special Takaful Scheme: It offer comprehensive protection aims to protect private dwelling owners of the ‘National Housing Scheme’ and the ‘Skim Tanah Kurnia Rakyat Jati’
Scope of Cover
• Fire, Lighting and Explosion.
• Earthquake, Flood
• Typhoon, Hurricane
• Damage to the windows
• Theft with evidence of force entry
• Temporary Property Transfer
• Domestic Servant Property
• Personal Accident for the owner
• Public Liability: Limit B$50,000
Period of Takaful
One (1) year coverage
House Holder
This scheme provides a wide scope of coverage which offers comprehensive protection aims to protect private dwelling belong to participant.
Objective
To provide Takaful protection against covered perils to your residential property and contents.
Additional Type of Covers
1. Householder Takaful Scheme: It offer comprehensive protection to the household such as furniture, television and etc.
2. House Owner Special Takaful Scheme: It offer comprehensive protection aims to protect private dwelling owners of the ‘National Housing Scheme’ and the ‘Skim Tanah Kurnia Rakyat Jati’
Scope of Cover
• Fire, Lighting and Explosion.
• Earthquake, Flood
• Typhoon, Hurricane
• Damage to the windows
• Theft with evidence of force entry
• Temporary Property Transfer
• Domestic Servant Property
• Personal Accident for the owner
• Public Liability: Limit B$50,000
Period of Takaful
One (1) year coverage
Comprehensive Home Package
This scheme provides a wide scope of coverage which offers comprehensive protection aims to protect your home and its contents.
Objective
To provide Takaful protection against loss or damage to your residential property and its contents.
Type of Scheme
1. Houseowner Takaful – protect the building only
2. Home Contents Takaful – protect the contents only
3. Comprehensive Home Package Takaful – protect both building and contents.
Scope of Cover
Provide coverage against loss or damage to the property covered caused by any perils as follows:
• Fire, lighting, thunderbolt, subterranean fire
• Explosion
• Aircraft damage
• Impact damage
• Bursting or overflowing of tanks apparatus or pipes
• Theft
• Storm, tempest, hurricane, cyclone, typhoon, windstorm
• Earthquake, volcanic eruption
• Riot, strike and malicious damage
• Flood
Details of Section Covered
Section 1
a) Loss or Damage to Building
Section 2
a) Loss or damage to content
b) Property temporarily removed
c) Damage to mirrors
d) Compensation for death of the participant
e) Servant’s property
Section 3
a) Loss of rent
b) Liability to the public
Property can be covered
• Building
• Home contents (description list required)
• Rental
Period of Takaful
One (1) year coverage