Political Violence Insurance:

This insurance provides protection against losses and damages resulting from violent political acts. It includes compensation for buildings and contents that may be damaged or destroyed due to such violent political events.

This type of insurance covers material loss or damage to the buildings and contents owned by the insured or for which the insured is legally responsible, caused by the following risks:

• Acts of Terrorism: Damage caused by intentional actions aimed at inflicting harm.
• Vandalism: Damage resulting from deliberate destructive acts targeting property.
• Riots and Strikes: Covers damage caused by riots, labor strikes, or public disturbances.
• Civil Unrest: Damage occurring due to protests or civil unrest.
• Deliberate Damages: Damages inflicted intentionally by individuals or groups.
• Armed Insurrection: Damage resulting from military opposition to the government or authorities.

Rebellion and Military Coup: Damage caused by rebellions or military coups that affect property.

Why Choose Political Violence Insurance from Takaful?

This insurance type covers material losses or damages to buildings and contents owned by the insured or for which they are legally responsible, resulting from any of the following risks:

• Terrorism Acts: Damage from deliberate actions designed to cause harm.
• Vandalism: Damage from acts of vandalism targeting property.
• Riots and Strikes: Coverage for damages resulting from riots, labor strikes, or public unrest.
• Civil Disruptions: Damages from protests or civil disturbances.
• Intentional Damage: Damages caused intentionally by individuals or groups.
• Armed Insurrection: Damages from military action against the government or authorities.

Rebellion and Military Coup: Damages resulting from rebellions or military coups affecting property.For more information, please contact us at 1800220220 or via mobile at #600.

Civil Liability Insurance:

Under this insurance, the insurance company commits to compensating the insured for any amounts they are legally obligated to pay to third parties for bodily and/or material damage that may occur while they are within the geographical boundaries of the location specified in the insurance policy. This coverage applies as long as the damages arise during and as a result of the insured's regular business activities within the coverage period.

What the Insurance Covers:

• Legal Compensation: Covers any amounts the insured is liable to pay to third parties due to damages resulting from their activities.
• Bodily Injury: Covers injuries sustained by third parties while they are on the insured premises.
• Material Damage: Covers damage to third-party property caused by the insured's activities.

What the Insurance Does Not Cover:

• Injuries to Family Members: Coverage does not extend to injuries sustained by family members living with the insured.
• Damage to the Insured's Own Property: The insurance does not cover damages to the insured’s own property.

How the Premiums are Calculated:

The calculation of premiums is influenced by the following factors:

• Nature of the Insured's Business: Whether it is a large store, factory, hotel, restaurant, or a multi-purpose exhibition. The more crowded the location is with the public, the higher the premium.
• Location of the Business: The proximity to residential, commercial, or industrial areas.
• Liability Limit: The agreed-upon liability limit for bodily injury and/or material damage per incident or for the total incidents during the policy period.
• Excess: The amount the insured agrees to bear for each incident or claim related to third-party property damage.

For more information, please contact us at 1800220220 or via mobile at #600.

Professional Liability Insurance:

Under this insurance, the insurance company commits to compensating the insured for any amounts they become legally obligated to pay to third parties due to negligence or an unintentional error during the course of their professional activities. The damages must have occurred during and as a result of the insured's business activities within the coverage period.

Why choose Professional Liability Insurance?

Insurance coverages:

• Negligence or Unintentional Error: If the insured causes harm to a third party while performing their professional duties due to negligence or a non-deliberate mistake.
• Claims and Lawsuits: Compensation for any legal claims or lawsuits from affected parties, such as clients, employees, or other entities harmed by the insured’s negligence or unintentional errors.

How are the Premiums Calculated?

Premiums are affected by the following factors:

• Total Coverage Amount (Compensation Limit): The maximum amount covered by the insurance company.
• Nature of Work: The type of profession the insured engages in. The level of risk associated with the profession may affect the premium amount.
• Calculation Method: The premiums are calculated as a percentage of the total coverage amount (compensation limit).

For more information, please contact us at 1800220220 or via mobile at #600.

Elevator Liability Insurance:

This insurance covers the legal responsibility for accidental bodily injuries that may occur to any individual, including owners, tenants, their family members, or visitors, as a result of using elevators in the building. The coverage is provided within the limits agreed upon between the insurance company and the insured.

Under this insurance, the insurance company commits to compensating the affected parties.

Why Choose Elevator Liability Insurance from Takaful?

Insurance Coverage Includes:

• Bodily Injuries: Coverage for physical injuries that may occur to anyone using the elevator, such as owners, tenants, family members, or visitors, resulting from an accidental incident.
• Safety Procedures: Coverage is provided only if the insured ensures that the elevator complies with safety conditions, undergoes regular maintenance, and is licensed by the relevant authorities.

How Are Premiums Calculated?

Premiums are influenced by the following factors:

• Total Coverage Amount (Compensation Limit): The maximum amount that the company will cover in the event of an accident.
• Elevator Capacity: The elevator's weight or passenger capacity, which can impact the risk level.
• Safety Procedures: Inspection of the elevator to ensure it meets safety specifications and requirements.
• Building Type: The type and size of the building that contains the elevator.
• Elevator Age: The condition and age of the elevator, as older elevators may require higher premiums.

Premiums are calculated based on the elevator's capacity and the unified tariff system from the Palestinian Capital Market Authority.

Benefits of Elevator Liability Insurance:

• Legal and Financial Protection: Protection for the insured against financial burdens related to accidents occurring in the elevator.
• Compensation for Injured Parties: Provision of compensation for individuals injured due to elevator-related accidents.
• Safety Compliance: The insurance emphasizes adherence to safety procedures and licensing by relevant authorities to minimize risks.

This type of insurance is crucial, especially in multi-story buildings, as it protects all parties involved from legal and financial liability.

For more information, please contact us at 1800220220 or via mobile at #600.

Product Liability Insurance:

Takaful Insurance offers Product Liability Insurance to protect businesses or individuals from the financial burdens caused by products that may cause harm to third parties. This insurance aims to avoid any material or legal loss that may arise from a product causing damage.

Under this insurance, the insurance company commits to compensating the insured for any amounts they become legally responsible for paying to third parties due to damage caused by their products during the insurance period and under the terms of the policy.

This insurance is designed to protect the insured from both material and legal losses in case any damage is caused by their products.

Why Choose Product Liability Insurance?

Insurance Coverage Includes:

• Bodily Injury or Illness: Coverage for bodily injury, illness, or material loss that may occur to any third party due to a product sold, supplied, stored, repaired, reinstalled, or processed by the insured.
• Accidental Incidents: Incidents that occur during the policy period as a result of practices related to the products or goods provided by the insured, leading to damage to a third party.

How Are Premiums Calculated?

The calculation of premiums is influenced by:

• Total Coverage Amount (Compensation Limit): The maximum amount the company will cover in the event of an accident related to the product.
• Safety Procedures: The level of safety and preventive measures implemented in the manufacturing, sale, storage, or repair of the product.
• Product Nature: The types of goods or products being handled and the potential risks associated with them.

Premiums are calculated as a percentage of the total coverage amount (compensation limit).

Benefits of Product Liability Insurance:

• Protection Against Damages: Helps cover the financial liability resulting from any damage caused by a product to third parties.
• Compensation for Affected Parties: Provides compensation to individuals who suffer injuries or damages due to the use of the product sold or supplied.
• Compliance with Laws: Enhances the company's ability to comply with local and international consumer protection laws.

This insurance is especially vital for companies that rely on the sale or manufacturing of products, as it builds trust in their products and provides legal and financial protection.

For more information, please contact us at 1800220220 or via mobile at #600.

Medical Malpractice Insurance:

Takaful Insurance offers a special program for medical malpractice insurance, designed to protect individuals from bearing financial burdens resulting from their work as doctors. It compensates patients for any errors, neglect, or oversight during the doctor’s duties in clinics, centers, or hospitals within Palestine.

Why Choose Takaful’s Medical Malpractice Insurance?

Coverage Includes:

• Medical Errors or Oversight: Compensates patients for any health damage caused by mistakes, negligence, or oversight during medical procedures.
• Injuries from Medical Mistakes: Coverage for health damages that occur due to errors during treatment or medical procedures.
• Legal Cases: Coverage considers judicial rulings issued by competent authorities, protecting the doctor or medical entity in the event of a legal claim due to a medical error.

Premiums Calculation:

The calculation of premiums is influenced by:

• Total Insurance Amount (Compensation Limit): The maximum coverage amount provided by the policy.
• Safety Procedures: How well preventive protocols are implemented at the medical facility or practice.
• Medical Specialty: Premiums are affected by the specific medical profession or specialty.
• Policy Duration: The length of coverage.
• Calculation Method: Premiums are calculated as a percentage of the total insurance amount (compensation limit).

Benefits of medical malpractice insurance:

• Protection Against Professional Risks: Ensures that doctors or medical institutions are not financially burdened in the case of a medical error.
• Fair Compensation for Patients: Ensures patients’ rights in the event of health damage due to medical negligence or error.
• Quick Response: Commitment to prompt compensation in case of an incident or lawsuit.

This insurance is crucial for medical professionals in their workplaces, ensuring legal and financial protection, and providing a safer environment for all parties involved.

For more information, please contact us at 1800220220 or via mobile at #600.