Our fire insurance is a comprehensive safety net that helps you cover your financial losses in the event of a fire.
Fire insurance covers your property against losses or damages caused by fire, lightning and explosion caused by domestic gas.
The policy can be extended to cover the following risks by paying additional premium:
- Aircraft Damage
- Earthquake and volcanic eruption
- Storm, Tempest
- Impact Damage
- Bursting or Overflowing of Water Tanks Apparatus or Pipes
- Bush / Lalang
- Subsidence and Landslip
- Spontaneous Combustion
- Riot Strike and Malicious Damage
- Damage by Falling Trees or Branches and Object
Contractors’ All Risks Insurance
The Contractors' All Risks insurance cater mainly to the protection needs of the construction industry.
Contractors' All Risks Insurance cater mainly to the protection needs of the construction industry. This policy is designed to provide protection against losses or damages in respect of the contract works at contract site and third (3rd) party claims arising in connection with the construction of a project. With additional premium, the cover may include Construction Plant and Equipment, Construction Machinery, Removal of Debris, Professional Fees and Principal’s Existing Property. Duration of cover corresponds with the contract period which is stipulated in the Letter of Award.
1. Erection All Risks Insurance
The Erection All Risks insurance covers the risks involved during various kinds of industrial erection and testing.
The Erection All Risks insurance covers all kinds of erection and testing on individual machine, industrial machinery, industrial plants, steel works and/or structure as well as third (3rd) party property and/or bodily injury arising in connection with the erection work. The cover may include Civil Engineering Works, Equipment for Erection, Removal of Debris, Professional Fees and Principal’s Existing Property. Duration of cover corresponds with the contract period which is stipulated in the Letter of Award.
2. Machinery and Equipment Insurance
Machinery & Equipment Insurance is designed to cover immobile industrial or commercial equipment. It covers various risks such as fire, lightning, theft and external accidental damage.
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