Podcast
Questions and Answers
Which type of Takaful covers losses associated with vehicle accidents?
Which type of Takaful covers losses associated with vehicle accidents?
- Medical and Health Takaful
- Family Takaful
- Marine Takaful
- General Takaful (correct)
What insurance is covered under Fire Takaful?
What insurance is covered under Fire Takaful?
- Professional Indemnity
- Consequential Loss (correct)
- Workmen Compensation
- Public Liability
Which of the following is part of Marine Takaful?
Which of the following is part of Marine Takaful?
- Marine Hull (correct)
- Employer's Liability
- Personal Accident
- Fire & Theft
Which Takaful category includes coverage for contractor's risks?
Which Takaful category includes coverage for contractor's risks?
Which type of liability is included in Liability Takaful?
Which type of liability is included in Liability Takaful?
Flashcards
Motor Takaful
Motor Takaful
A type of takaful that covers motor vehicles, including comprehensive coverage, third-party, fire and theft.
Fire Takaful
Fire Takaful
A type of takaful that covers buildings and contents against fire damage.
Marine Takaful
Marine Takaful
A type of takaful that covers ships, cargo, and other maritime risks.
Liability Takaful
Liability Takaful
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Engineering Takaful
Engineering Takaful
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Study Notes
Classes of Takaful
- Takaful encompasses various classes, including Medical and Health, General, and Family Takaful.
General Takaful Breakdown
- General Takaful is further divided into Motor, Fire, Marine, Liability, Engineering, and Miscellaneous.
Motor Takaful Breakdown
- Motor Takaful includes Comprehensive, Third Party, Third Party Fire & Theft, and Act Only.
Fire Takaful Breakdown
- Fire Takaful covers Fire Takaful, Householder/Houseowner, and Consequential Loss.
Marine Takaful Breakdown
- Marine Takaful categories include Marine Hull, Marine Cargo, Ship Building Risks, and P&I Club.
Liability Takaful Breakdown
- Liability Takaful covers Workmen Compensation Takaful, Employers' Liability Takaful, Public Liability, Foreign Workers Compensation, Professional Indemnity, and Product Liability.
Engineering Takaful Breakdown
- Engineering Takaful encompasses Electronic Equipment/Computer Takaful, Contractors' All Risk (CAR), Erection All Risks, Boiler Explosion Takaful, and Machinery Breakdown Takaful.
Miscellaneous Takaful Breakdown
- Miscellaneous Takaful includes Theft, Personal Accident, Aviation, Business, and Fidelity Guarantee.
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