Ethical Insurance's Construction Insurance offers Shariah-compliant insurance solutions crafted specifically to address the requirements of construction projects. Our suite of offerings is carefully structured to resonate with the ethical standards and principles set forth by Shariah Law, while ensuring comprehensive coverage and tranquility.
Our offering is split into several categories, as follows:
Course of construction & Builders risk
Frame construction
Wrap up general liability
Contractors mobile plant & equipment
Artisan contractors general liability coverage
Shariah-compliant construction insurance operates on the principles of transparency and integrity, deeply rooted in purity, certainty, and mutuality. Our approach entails meticulous management of funds, with Shariah premiums strictly segregated from non-Shariah premiums to preserve their sanctity. We prioritize clarity by explicitly outlining all financial terms and transactions, fostering a culture of transparency and accountability.
At Ethical Insurance, we are steadfast in our commitment to mutual benefit, ensuring a sustainable community fund that serves the interests of both policyholders and insurers. Surplus funds are ethically distributed, with a portion reverting to policyholders based on their contributions. Our risk assessment and underwriting processes adhere to industry best practices, emphasizing expertise, risk management, and comprehensive coverage.
Explore our Construction Insurance offerings today and discover the unparalleled difference of ethical and socially responsible insurance protection.
Download Builder's Risk Application Download Builder's Risk CGL Application