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Home  >  Corporate Insurance  >  Property And Casualty  >  Property Insurance: Consequential Loss
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Property Insurance: Consequential Loss


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Brief

This policy broadly covers loss of net profit on account of interruption of business, consequent upon material damage to property due to fire or any other insured peril under the standard fire, fire and additional perils or all risks policy. This insurance includes cover for increased cost of working following the loss, as well as the standing charges of the business.

The Shariah Committee

The Shariah Committee of Tawuniya has approved Consequentional loass Insurance  to become compliant with Shariah requirements as stated by the honorable committee members. The Committee has approved to Tawuniya launching the said product in the market after the revision and scrutinizing. This reflects the real keenness of Tawuniya to have its products compliant with the Shariah requirements. This reassures our clients, increases their trust in our products and relieves any worries.        

for more information about Shariah Committee click here

 

 
 
 
 
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