Table 1 Basic cover and exclusion of the... | Emerald Publishing

Table 1

Basic cover and exclusion of the CAR takāful certificate

Product	Basic cover	Exclusion
CAR takāful certificate	Loss or damage to plants, materials, temporary works and anything brought to the site by the contractor	Loss due to strike, civil commotion, warlike operations and war Loss or damage due to faulty designs Loss or damage to waterborne vessels or vehicles licensed for aircraft or general road use Excess to be borne by the participant Loss or damage to drawings, files, bills, accounts, cheques, notes, currency and securities Loss discovered at time of taking inventory Loss due to wilful acts of any manager, director, or site official Cost of replacement of workmanship and/or defective material Consequential loss howsoever caused Loss or damage due to electrical and/or mechanical breakdown of construction machinery and plant Nuclear risks Wear and tear, corrosion and deterioration
CAR takāful certificate	Third party liability: Property damage and bodily injury to third parties

Product	Basic cover	Exclusion
CAR takāful certificate	Loss or damage to plants, materials, temporary works and anything brought to the site by the contractor	Loss due to strike, civil commotion, warlike operations and war Loss or damage due to faulty designs Loss or damage to waterborne vessels or vehicles licensed for aircraft or general road use Excess to be borne by the participant Loss or damage to drawings, files, bills, accounts, cheques, notes, currency and securities Loss discovered at time of taking inventory Loss due to wilful acts of any manager, director, or site official Cost of replacement of workmanship and/or defective material Consequential loss howsoever caused Loss or damage due to electrical and/or mechanical breakdown of construction machinery and plant Nuclear risks Wear and tear, corrosion and deterioration
CAR takāful certificate	Third party liability: Property damage and bodily injury to third parties

Source(s): Zulkifli et al. (2012)