Cover repair or replacement costs of insured items damaged by natural disasters and other causes
Coverage
Indemnify loss or damage of items or any part thereof insured under this policy by payment in cash, replacement or repair of the unforeseen and physical loss or damage that are caused by:
- fire, lightning, explosion, impact of landborne or waterborne vehicles,
- impact of aircraft and other aerial devices or articles dropped therefrom,
- earthquake, volcanism, tsunami,
- storm (air movements stronger than grade 8 on the Beaufort Scale),
- flood or inundation, wave action or water,
- subsidence, landslide, rockslide or any other earth movement,
- frost, avalanche, ice,
- vandalism of single persons,
- in a manner necessitating repair or replacement
The benefit(s) payable under eligible product is protected by PIDM up to limits. Please refer to PIDM’s TIPS Brochure or contact Berjaya Sompo Insurance Berhad or PIDM (visit www.pidm.gov.my).
Exclusions
The Insurers shall not indemnify the Insured in respect of:
1) the deductible stated in the Schedule to be borne by the Insured in any one event;
2) loss or damage directly or indirectly caused by, or arising out of, or aggravated by
a) war, invasion, act of foreign enemy, hostilities (whether war be declared or not), civil war, rebellion, revolution, insurrection, mutiny, riot, strike, lock-out, civil commotion, military or usurped power, a group of malicious persons or persons acting on behalf of or in connection with any political organization, conspiracy, confiscation, commandeering, requisition or destruction or damage by order of any government de jure or de facto or by any public authority;
b) nuclear reaction, nuclear radiation or radioactive contamination;
c) wilful act or wilful negligence of the Insured or of his representatives;
In any action, suit or other proceeding where the Insurers allege that by reason of the provisions of Exclusion a) above any loss, destruction, damage or liability is not covered by this Policy the burden of proving that such loss, destruction, damage or liability is covered shall be upon the Insured.
3) loss or damage or expense caused by, or arising out of, or substantially aggravated by inherent defects, wear and tear, gradual deterioration, expansion or contraction of insured items due to changes of temperature.
4) loss or damage caused by, or arising out of, or aggravated by failure of the Insured to keep and maintain the insured items in a thorough state of repair.
5) consequential loss or damage of any kind or description.
Please refer to the Policy Contract for the full details of the Policy.
