What does IKHLAS Mobile Equipment Takaful cover?
IKHLAS COMPREHENSIVE PERILS TAKAFUL
(for Mobile Equipment) covers
loss or damage to the vehicles/equipment and its
accessories and
spare parts by :
a) Accidental collision or overturning
b) Fire
c) Burglary or theft
Exclusions
a) |
Vehicles licensed for road use |
b) |
Loss caused by mechanical defect, mechanical or
electrical breakdown |
c) |
Loss of or damage to tyres unless vehicle is also
damaged |
d) |
Loss of accessories and spare parts unless vehicle
is stolen at the same time |
e) |
Loss or damage to electrical wiring or machines
caused or arising from over running, self heating
or leakage of electricity from whatever cause |
Preperty Which Can Be Covered Under An Equipment
Takaful
All vehicles which are not licensed for road use e.g. tractors,
excavators or forklifts. The age of vehicles should not
exceed 5 years.
Basis Of Indemnity
The sum covered can be arranged on a replacement
value.
Minimum Contribution
RM100.00 per certificate
|
