Podcast
Questions and Answers
Which type of Takaful covers losses associated with vehicle accidents?
Which type of Takaful covers losses associated with vehicle accidents?
What insurance is covered under Fire Takaful?
What insurance is covered under Fire Takaful?
Which of the following is part of Marine Takaful?
Which of the following is part of Marine Takaful?
Which Takaful category includes coverage for contractor's risks?
Which Takaful category includes coverage for contractor's risks?
Signup and view all the answers
Which type of liability is included in Liability Takaful?
Which type of liability is included in Liability Takaful?
Signup and view all the answers
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.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Related Documents
Description
This quiz explores the various classes of Takaful, including Medical, General, and Family Takaful. Delve into the specific breakdowns within General Takaful, such as Motor, Fire, Marine, Liability, and Engineering. Test your understanding of these categories and their unique features.
