Fire Takaful will only cover physical loss or damage to the property cover but does not cover loss of profit arising from such physical damage.
This coverage does not become operative unless the material damage claim is paid or liability is admitted in respect of such damage.Consequential Loss takaful may be issued in conjunction with Fire Material Damage Fire takaful from the same Window Takaful Operator.
The Fire Consequential Loss Coverage is valid during the period of interruption.
Continuing overhead expenses
Increase in cost of working
Loss of net profit
Wages of employees
Annual Turnover
Audited Financials
Auditor