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PROPERTY PECUNIARY (INSURANCE (General Business (Fire (Fire&named…

- - - - Every material thing/physical object-fortuitous loss/damage
      - Categories of Mal
        
        Valuable property
        
        Tangible
        
        Movable/Immovable
        
        Homogeneous/Non-homogeneous
        
        Usable,cash, good
      - Mal in Arabic; encompasses assets with intrinsic value that can be acquired, possessed & owned by a person/body corporate recognized by law&syari'ah
      - Provide compensation to insured in the event of damage to the property of the insured
    - - intangible
      - Provide the insured event of monetary losses to the subject matter of insured
- - - - Fire&named perils
      - Loss of Profit
      - House owner/Householder
      - Sprinkle leakage
      - Crops etc
    - - Cargo
      - General liabilities etc
      - Aircraft hull
    - - Hull/cargo
      - Oil& Gas etc
    - - Contractor all risk
      - Erection all risk
      - Machinery breakdown etc
    - - Motor vehicle
      - All risks
      - Burglary/theft
      - Equipment All Risk etc
  - - - Endowment
      - Term policies
      - Whole life assurance
      - Education policy etc
    - - Term life
      - Hospital&surgical
      - Blanket policy etc
    - - Individual
      - Group