No more worries when the unexpected happens to your business. Cover company assets against physical loss or damage resulting from fire, lightning, explosions or other perils.
This Policy covers loss or damage to your property due to fire, lightning and explosion caused by gas used for domestic purposes. This Policy also offers Additional Benefits as follows:
Contingent Inconvenience Allowance.
Outdoor Fixtures.
Bursting of Pipes, including the cost of repair and hacking and/or patching of walls.
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).
Additional Information
Optional Coverage - Terrorism
This section provides optional coverage for losses or damage resulting from acts of terrorism. The premium charges are based on the limit chosen by you.
Limits:
Option 1: RM1,000,000
Option 2: RM2,000,000
Option 3: RM3,000,000
Note: Pleas refer to the Policy Contract for the full product features and benefits.
Minimum Information Required for Quotation
- Name of Insured
- Nature of Risk Occupation
- Location of Risk
- Construction of Building
- Interest Insured
- Sum Insured
- Claims History
Building Cost Calculator (BCC)
The calculator is a guide only to assist you in determining the estimated sums to be insured for residential properties, simple shop house and shop office and is not a substitute for professional advice to be obtained.
Before using the calculator, kindly note the following:
- if any renovations have been made to your property, you are advised to indicate the amount (cost of renovation) in the box provided in the BCC.
- if your property has unique or special design features and/or have extensive renovations and/or have complex structures affixed, you are advised to obtain professional advice for a more accurate assessment of your property.
Click HERE to access to the BCC provided by PIAM.
Major Exclusions
This Policy does not cover: -
- Theft during or after the occurrence of a fire
- Burning of property by order of any Public Authority
- Subterranean Fire, Pollution or contamination
- Earthquake, volcanic eruption or other convulsion of nature
- Typhoon, hurricane, tornado, cyclone or other atmospheric disturbance
- War, Civil War and any act of Terrorism
- Radioactive and nuclear energy risks
- Date recognition
- Property damage to data or software
Note: This list is non-exhaustive. Please refer to the Policy Contract for the full list of exclusions.