This certificate is designed to protect you as the owner of your business against your legal liability to pay compensation for accidental bodily injury to or accidental damage to the property of the public caused by or through your negligence or the negligence of your employees. The liability mentioned also includes legal charges and expenses. All firms and business enterprises would require cover provided under the Scheme, and it is important that the proposer selects an adequate limit in view of the substantial claims that may arise.
Cover accidental bodily injury
to any person not being a member of the participant’s household or any person in the services or contract of employment with the participant
Cover accidental damage
to property not belonging to or in the custody or control of the participant
Cover any legal expenses
incurred by the participant in defending legal proceedings with the takaful operator’s written consent
Business owner
Employer
Firm
Business Enterprises
The total annual contribution that you have to pay may vary depending on the risk exposure, our underwriting requirements, the sum covered and the nature of your business. Subject to a minimum contribution of RM75.00.
This plan does not cover certain losses, such as:
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).
