Noor Erection All Risk Takaful - Noor Takaful Insurance Ltd

slider-home2-1

Overlay

Noor Erection All Risk Takaful

What is this product about?

The Erection All Risks Takaful provides a comprehensive takaful solution covering wide range of risks to which a project work is exposed to, starting right from arrival of material at site till successful testing and commissioning of the project.

What are the covers/benefits provided?

This is an ‘All Risk’ policy covering sudden and unforeseen physical damage to projects under erection covered by any cause or peril not specifically excluded under the policy and resulting during the course of. The coverage includes:

Erection

Storage

Testing

Commissioning

On a broad scale this policy covers following risks-

Fire, lightning, explosion, aircraft damage

Riot, strike, malicious act

Flood, inundation, storm, cyclone and allied perils

Landslide, subsidence and rockslide

Burglary and theft

Faults in erection

Human errors

Short circuiting, arcing, excess voltage

Electrical and mechanical breakdown

Collapse, damage due to foreign object, impact damag