SOMPO FlexiSME

Overview

Designed for Flexibility

Choose from 2 Comprehensive Plans for convenience or Opt for the Flexibility to choose what matters most to your business

We understand that running an SME business in Malaysia is a challenge. You have poured in much sweats and tears, fueled by courage and passion, towards a successful business. Coupled with the ever-changing business landscape, there are many obstacles to overcome. At the same time, even though SMEs are smaller in size, it doesn’t mean that you are not expected to meet the same standards as larger businesses, from staff welfare to risk management and compliance.

With limited time and resources, many SME owners face the daunting task of managing their financial risks when it comes to unexpected losses. This is why having a comprehensive insurance plan will take much of your burdens of your shoulders. We have carefully designed a solution which provides you with coverage of 9 essential areas, providing your business with the protection that it needs.

Coverage

Eligibility

Specially designed for Berjaya Sompo Insurance SOMPO Fire or Fire policyholders

Key Features

Packaged coverage, less hassle - Choose from 3 plan options with 9 coverage classes

Option to customise coverages depending on your business needs

Cater to various SME businesses to meet different industry needs

Quick and seamless enrolment with simple onboarding process

Plans

All sections (except H - Equipment) are compulsory for Plan A and B, whereas minimum two (2) sections must be selected for Flexible Plan.
The benefit(s) payable under eligible Policy is (are) 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)
Please refer to the Policy Contract for full details of the benefits and coverage.

Additional Information

Frequently Asked Questions

Is there a need to purchase a Fire Policy?
Yes, as the package does not have a Fire Section. Thus you need to purchase a separate Fire Policy.
What is the Period of Cover and Renewal Option?
Duration of cover is for one (1) year. You need to renew the Policy annually.
How much premium do I need to pay?
This is an annual Policy. The premium charges are based on the section/plan chosen by you.
How many classes of insurance do I need to choose from the types of coverages?
All sections (except H - Equipment) are compulsory for Plan A and B, whereas minimum two (2) sections must be selected for Flexi Plan.
What is the premium and excess imposed in this Policy?
The premium and excess will be quoted on a case-by-case basis. You may contact our branch office or Customer
Service Centre for a quotation.
Where can I get further information?
You may contact our branch office or Customer Service Centre at 03-2170 7300 during the operating hours from 8.30am to 5.00pm (Monday – Friday) or call our Toll Free number at 1-800-889-933.