Fire and Allied Perils with Insurance

Solidarity Saudi Takaful Co. understands that it took you a long time optimum effort, and excessive amount of money building your commercial entity. We also understand your needs when you experience a sudden accident or disaster. Often, anything abnormal can occur at any time; a short circuit may set property to fire and turn it into ashes and a burst pipe may also set premises on fire. To protect your business and property from these potential risks, Solidarity Takaful offers the best fire and risks coverage. We are proud to provide comprehensive protection with adequate solvency.
In addition to the above-mentioned insurance coverage and protection of the actual assets, and as a result of this loss, the business may be subjected to a decrease in productivity and then loss of profits due to interruption in business activities; therefore, the loss insurance by Solidarity Takaful reduces this loss as the Property Insurance policy is considered and applied together with the Fire and Allied Perils Insurance policy as a result of interruption in the policyholders’ business.


Insurance Coverage


Solidarity Saudi Takaful Co. provides insurance coverage for any financial loss due to the following standard risks:
  • Fire
  • Lightning
  • Explosions
  • Damage caused by aircraft traffic
  • Earthquakes and volcanic eruptions
  • Storms
  • Floods
  • Impact by any ground vehicles or animals

Basic Coverage


We provide customized options for policyholders to choose covering:
  • Clearance and removal of debris following and accident.
  • Construction equipment.
  • Fees and expenses of professionals, architects and surveyors.
  • Property in care, custody and control of the policyholder.
  • Firefighting expenses.
  • Automatic reinstatement of sum insured.


Property All Risk and BUSINESS INTERRUPTION

Property and business represent not only sources of income for many in our country, but also a main asset. Therefore, Property All Risk Insurance of Solidarity Saudi Takaful Co. provides full protection for a wide range of risks that may occur to your property which helps you deal with the challenges you may face in the implementation of your business.

In addition to the above-mentioned insurance coverage and protection of the actual assets, and as a result of this loss, the business may be subjected to a decrease in productivity and then loss of profits due to interruption in business activities; therefore, the loss insurance by Solidarity Takaful reduces this loss as the Property Insurance policy is considered and applied together with the Fire and Allied Perils Insurance policy as a result of interruption in the policyholders’ business.

Insurance Coverage

This insurance policy provides insurance coverage against all risks unless specifically excluded.

Basic Coverage

  • Clearance and removal of debris following and accident.
  • Fees and expenses of professionals, architects and surveyors.
  • Property in care, custody and control of the policyholder.
  • Firefighting expenses.
  • Automatic reinstatement of sum insured.