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Looking for protection against complex risks faced by your machinery, plants, and contracts? Our Engineering Takaful cover is backed by claim experts who will help maintain the momentum of your business – minimizing your downtime to help complete projects on budget and schedule.

Our Engineering Takaful covers include:

Contractor's All Risks (CAR)

An all-inclusive risk protection plan for Contractors

  • Key Features:

    • This policy consists of two sections to cater for all contingencies associated with contract works:
      1. Material Damage - covers loss or damage to contract works and other related facilities.
      2. Third Party Liability - covers legal liabilities to third parties arising out of accidental bodily injury or property damage in connection with contract works.
    • Get Takaful protection throughout the construction period, followed by a maintenance period.
Erection All Risks (EAR)

EAR plan designed for Installation projects

  • Key Features:

    • This cover is designed for projects where the value of the Electrical / Mechanical assets dominates the Contract Value.
    • Get comprehensive and adequate protection against all the risks involved in the erection of machinery, plant and steel structures of any kind.
    • This cover consists of two sections to cater for all contingencies associated with contract works:
      1. Material Damage - covers loss or damage to contract works and other related facilities.
      2. Third Party Liability - covers legal liabilities to third parties arising out of accidental bodily injury or property damage in connection with contract works.
Contractor's Plant & Machinery Takaful

Protection for your Mobile Plant, Equipment and Machinery against unforeseen losses

  • Key Features:

    This policy is designed for Mobile Plant, Equipment and Machinery used in construction sites against sudden, accidental and unforeseen loss or damage but excluding mechanical/electrical breakdown.
Electronic Equipment Takaful

Looking to protect your technology assets against unforeseen losses?

  • Key Features:

    • Get comprehensive and adequate protection against all the risks associated with sophisticated electronic equipment like computers, Communication facilities, Lighting and navigation facilities and research equipment etc.
    • Material damage cover is provided on all risks including Fire, lightning, explosion, Smoke, soot, corrosive gases, Water and humidity, Failure of air conditioning, Short circuit and other electrical causes.
Deterioration of Stocks Takaful

A solution to protect your frozen stocks against unforeseen losses

  • Key Features:

    • This policy covers Deterioration of Stocks in refrigerated cold rooms/chambers following a Machinery Breakdown incident (and subsequent claim).
    • You must have Machinery Takaful Protection to avail this product.
Boiler & Pressure Vessel (BPV) Takaful

The most competitive BPV Takaful in the market

  • Key Features:

    • This policy covers you against damage (other than fire) to any boiler or pressure vessel.
    • This includes coverage for liability on account of fatal or non-fatal injuries to any persons other than the Insured entity's own employees or workmen or members of the Insured entity's family and loss caused by the explosion or collapse of any boiler or pressure vessel whilst in the course of ordinary working.
Advance Loss of Profits (ALOP) Takaful

Protection against Delay in Start-Up (DSU) for your business

  • Key Features:

    • This policy indemnifies the actual loss of gross profit sustained as a result of delayed commencement of business operation caused by an accident covered under the Contractors’ All Risks policy/Erection All Risks policy and provides indemnity for standing charges (continuing business expenses).
    • This also includes salaries and wages paid to employees plus the net profit, and the increase in cost of working, i.e. the additional expenditure necessarily and reasonably incurred for avoiding or diminishing a reduction in turnover, revenue or rentals.
    • The sum insured is the gross profit (Cost minus expenses) obtained from the turnover of goods produced or handled, services rendered or revenue or expected rentals achieved.
    • The period during which the Takaful will make good losses is defined as the cover period, which is determined by the insured entity depending upon the replacement period for the building or plant insured.



 
13 May 2015   Abu Dhabi National Takaful Company P.S.C (“TAKAFUL”) Reports period ended 31 March Net Profit of AED 12 Million
Abu Dhabi National Takaful Company P.S.C (“TAKAFUL”) Reports period ended 31 March Net Profit of AED 12 Million
12 April 2015   Our Head Office has Moved
Our Head Office has Moved
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