Every individual/business entity is responsible to its neighbors and others not to cause them injury or damage their property. The liability may arise by any sporting activity, business activity, by a pet or simply act of crossing the road without looking. To cover this enormous amount of uncertainty PKTCL has designed the Third Party Liability Takaful Policy.

Third Party Liability Takaful is among the most important policies for risk provision. The term Third Party Liability comprises the responsibility of a private individual/corporate to compensate for damages caused by that private individual/corporate to a third party. High level personal or material damage can arise from incautiousness, forgetfulness, or improvidence. In such cases the causer is held fully liable toward injured party for paying damages for injury, death or property damages. A Third Party Liability Takaful saves the corporate from such consequences.

A Third Party Liability Policy offers Takaful coverage against financial claims of the injured party towards the damage causer. The Takaful comprises the financial regulation of valid claims and the defense against unjustified claims from an injured party. The Third Party Liability Takaful covers dangers of everyday life and the consequences which result from negligent and grossly negligent effected damages.