Motor Takaful registered under motor vehicle act and move on the roads has to be protected under motor vehicles Takaful.
Motor Takaful cover is available on comprehensive coverage for private and commercial vehicles, modified according to the Participant’s requirements. This coverage protects road vehicles from losses if incurred due to road accidents and legal liabilities that might arise due to accidents.
Motor Takaful is an agreement between the Takaful Operator and the participant wherein the Takaful provides financial cover for the vehicle and the participant in return pays specific contribution annually. Motor Takaful provides protection for your vehicle against the financial loss and liability that could result as a part of accident or theft. A Motor Takaful plan covers against loss or damage to your vehicle due to accidental fire, theft or accident. It also covers bodily injury or death of a third party as well as loss or damage of a third party’s property. Covers against third party risks across Pakistan were made compulsory under the Road Transport Act 1939. It is an offence for any person to use or cause or permits any other person to use a motor vehicle without necessary coverage.
At this juncture, Asakri window Takaful only accepts Motor comprehensive covers.
To report a benefit / claim contact Customer service centre 111-444-687 – askari Takaful Limited or nearest Branch immediately.