Machinery Breakdown Takaful

Most plant and machinery form a sizeable proportion of the capital outlay of any industrial concern. This plant and machinery is exposed daily to operational hazards. Machinery breakdown policy cover unforeseen and sudden physical loss or damage in respect of risks such as defects in casting & material, faulty design, bad workmanship, carelessness, physical explosion, short circuit, lack of skill, storm, falling, impact, collision etc. The cover may extend for participant’s surrounding property, third party property damage and third party bodily injury.