Whether you are on your way to the bank to deposit your business earnings for the day or you prefer to keep the cash at your business premise, having Money Takaful could save you from unexpected financial loss in the event of robbery or theft. The Money Takaful covers the loss of your money whilst in transit and whilst in the premise.
What can be covered?
Money Takaful indemnify you up to the respective amount stated in the Schedule as the Limit Any One Loss against:
Loss of Money (In safe/in transit/at drawer)
The cost of repair or replacement of the Safe or Strong room not otherwise insured and is directly associated with any theft or attempted theft therefrom.
This takaful does not cover the following:
Loss or damage directly or indirectly occasioned by or through or in consequence of :
War, invasion, the act of a foreign enemy, hostilities, or warlike operations.
Civil war, mutiny, civil commotion, insurrection.
Martial law or state of siege.
Any act of any person acting on behalf of or in connection with any
an organization with activities directed towards the overthrow by of
any de jure or de facto Government or to the influencing of it by
terrorism or violence or loot sack.
Consequence of Strike or Riot
Fraud or dishonesty of the Insured’s employees
Losses covered by a policy of fidelity guarantee insurance
Shortage due to error or omission
Loss arising from ionizing radiations or contamination by radioactivity
Loss arising from Nuclear weapons or materials
Extension (Optional Cover)
This takaful can be extended to include the following coverages subject to additional contribution.
Personal Assault Extension
Riot and Strike Inclusion
How to Claim
Inform Takaful Operator immediately after the incident by: