This coverage is under Fire classes. It covers standard perils in Fire that are Fire, Lightning & Explosion and other perils below:

1. Basic Fire & Lightning

2. Thunderbolt

3. Bursting or overflowing water tank

4. Theft

5. Hurricane, Typhoon, Windstorm (excess will apply)

6. Earthquake, Volcanic Eruption (excess will apply)

7. Flood (excess will apply)

8. Aircraft Damage

9. Storm Tempest

10. Public Liability

 

The Excess Clause covers other than fire peril that is insured perils to building not to the contents. The contents (TV, Radio, Hi-Fi etc.) shall greater than 5 % of Total Sum Insured of Contents.

 

Other contingencies include rent insurance and public liability.

 

Rating Consideration:-

· All types of house (including rented house) : detached or attached

· Types of construction materials (eg: concrete, wooden etc) for house owner. For house holder coverage, the proposer needs to submit the list of contents personally owned by him to the insurer.

· Location of the house.

· Premium rate is base on Tariff.

HOUSEOWNER / HOUSEHOLDER TAKAFUL

1) On Building

i) For Detached and Non-Detached Dwellings

 

Types of Construction	Rate (%)	Premium per 1,000
100% Concrete/Brick	0.106	1.06
50% Concrete/Brick/Metal + 50% Non Combustible	0.266	2.66
50% Concrete/Brick/Metal + 50% Combustible or Open Metal Cladding	0.286	2.86
Other than above	0.645	6.45

 

ii) Flats and Apartments Dwelling

Types of Construction	Rate (%)	Premium per 1,000
100% Concrete/Brick	0.109	1.09
50% Concrete/Brick/Metal + 50% Non Combustible	0.286	2.86
50% Concrete/Brick/Metal + 50% Combustible or Open Metal Cladding	0.411	4.11
Other than above	0.830	8.30

 

 

 

2) On Contents - For Detached and Non-Detached, Flats and Apartments Dwellings

Types of Construction	Rate (%)	Premium per 1,000
100% Concrete/Brick	0.398	3.98
50% Concrete/Brick/Metal + 50% Non Combustible	0.612	6.12
50% Concrete/Brick/Metal + 50% Combustible or Open Metal Cladding	0.765	7.65
Other than above	1.225	12.25

 

The following extend covers upon requested with additional premium: