Takaful Malaysia

Plate Glass

Coverage for loss or damage to breakage of fixed glass

A plan that is gaining popularity among premises or building owners due to the rapid development of the new building construction sector, which is largely equipped with glass panels, protects permanent glass breakage in commercial and industrial premises, public buildings, business complexes and others.

Key Benefits

100% compensation

subject to the limit as specified in the certificate

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Eligibility

Building

Premises owners

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How to Apply?

FAQ

The total annual contribution that you have to pay may vary depending on the risk exposure, our underwriting requirements and the sum covered by the property. Subject to a minimum contribution of RM100.00.

This plan does not cover certain losses, such as:

  1. Loss or damage occasioned by fire, lightning, earthquake and explosion.
  2. Loss of or damage if the premises are left unoccupied for more than 30 days
  3. Wilful act of the Participant or its business staff
  4. War, invasion, the act of a foreign enemy, hostilities or any act of terrorism.
  5. Nuclear weapons or ionizing radiations or contaminations
  6. Consequential loss or damage of any nature
  7. Any other events prohibited by Shariah principles.

Note: This list is non-exhaustive. Please refer to the Certificate for the full list of exclusions under this product.

You may cancel your certificate by giving a written notice to us. Upon cancellation, you are entitled to a partial refund of the contribution provided you have not made any claim.

The benefit(s) payable under eligible product is protected by Perbadanan Insurans Deposit Malaysia (PIDM) up to limits. Please refer to PIDM’s Takaful and Insurance Benefits Protection System (TIPS) Brochure or contact Takaful Malaysia or PIDM (visit www.pidm.gov.my/en).

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