Most homeowners have insurance to cover the building that they live in, however, they often overlook the need to cover the contents in their home. SOMPO Home Content is an insurance plan that covers your home contents against loss or damage by fire, theft or accidents. In addition, it also offers full theft cover where theft by visitors to your home such as contractors or part-time cleaners are also covered.
Simple & Hassle-Free
- Easy to buy. You do not need to disclose to us the value of every item of your home contents, just choose your preferred plan to sign-up.
- Easy to claim. You do not need to show proof of receipts for your home contents. However, a police report is required if it is a criminal act.
No Penalisation for Underinsurance
For example, you bought a policy with sum insured of RM 30,000. However the total value of your home content is RM 60,000. This means you are underinsured.
- If underinsurance is applied, your insurer pays RM 30,000/RM 60,000 = 1/2 ratio x (RM 30,000) = RM 15,000. You will have to pay remaining RM 15,000 yourself, which is the penalty.
- If no underinsurance is applied, your insurer pays RM 30,000. No penalty.
Complements Your Houseowner Insurance
- Houseowner Insurance covers your home building only.
- When combined with SOMPO Home Content Insurance it covers both your home building and household contents, personal effects which belong to you or your family members.
- Coverage on all household contents
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)
Individuals or Businesses can purchase the SOMPO Home Content.
- Low Annual Premium from as low as RM89 a year.
- Up to RM 30,000 Sum Insured on your household contents.
- Available in 3 different plans to choose from.
- No Penalisation for underinsurance.
- Can serve as a stand-alone policy or as an add-on to Houseowner Insurance.
Additional Information
Coverages and Plans
There are three affordable plans under SOMPO Home Content policy, from as low as RM74.53 on the
annual premium, of which you can choose the plan that best suit your needs:
Plan 1 | Plan 2 | Plan 3 | |
| Coverage on all household contents (Sum Insured) | RM10,000 | RM20,000 | RM30,000 |
| Limit Per Item | RM750 | RM1,000 | RM1,500 |
| Total Premium payable* | RM74.53 | RM143.40 | RM214.15 |
*Note: Premium payable stated above does not include Service Tax and Stamp Duty (RM10.00)
Policyholders are allowed to claim up to the limit per item depending on the plan. For example, under Plan 1, if the value of the item is RM 1,000, the maximum amount the policyholder can claim is RM 750.
General Exclusions
This policy does not cover losses which are specifically excluded under the policy, for example loss or damage:
- to cash, bank notes, cheques, securities for money, deeds, bonds, bills of exchange, promissory notes, stamp collections etc
- due to theft of any Contents left inside a vehicle or left in the Open;
- occasioned by or happening through mechanical or electrical breakdown or derangement;
- war, invasion, act of foreign enemy, hostilities, or warlike operations (whether war be declared or not); and
- any act of terrorism.
Note: This list is non-exhaustive. Please refer to the Policy Contract for the full list of exclusions.
Frequently Asked Questions
What documents need to be submitted in the event of a claim?
Apart from completing a claim form, a police report is required only when the claim involves a criminal act.
Is there any excess applicable?
There is an excess of RM100 which the Insured must bear in the event of loss or damage due to accidents.
What if the available limits are insufficient?
If the Insured requires a higher limit coverage, he/she may refer to other products available from Berjaya Sompo Insurance Berhad such as Home Care insurance and/or Houseowners/Householders insurance
