Fire
- September 26, 2024
- Posted by: [email protected]
- Categories:
FIRE
There is a saying in Bahasa Malaysia that says ‘When a fire is small, it is our friend, but when it is big, it is our foe’. In the blink of an eye a spark can grow into a fire that is out of control and devour everything in sigh offices and other real property . Let us help protect your peace of mind with a fire policy that best serves your needs.
FIRE & ALLIED PERILS
This insurance policy protects you against losses incurred from loss or damage to your property by fire, lightning and explosion caused by gas used for domestic purposes. This policy can also be extended to cover against losses due to:
- Aircraft and other aerial devices and/or articles dropped therefrom
- Earthquake and/or volcanic eruption
- Storm/tempest
- Flood
- Explosion
- Impact damage
- Bursting or overflowing of water tanks, apparatus or pipes
- Electrical installation
- Bush/lalang fire
- Subsidence and landslip
- Riot, strike and malicious damage
- Spontaneous combustion
- Damage by falling trees or branches
- Leakage of sprinkler system
FIRE CONSEQUENTIAL LOSS
Losses suffered do not necessarily arise directly from the property destroyed by the fire but also as a consequence of the fire. This insurance policy will indemnify you against loss of profits or revenue, loss of rental and wages paid and other increase in costs of working due to business interruptions as a result of fire and/or the extended perils. This insurance policy acts to protect the insured from further losses in conjunction with their Fire & Allied Perils policy.
HOUSEOWNERS & HOUSEHOLDERS
HOUSEOWNERS insurance provides coverage for residential buildings only against loss or damage arising fire and the named perils with the addition of theft if there is evidence of forcible entry and liability to third parties for accidents on the premise. HOUSEHOLDERS insurance provides coverage for the contents and personal effects used in a residential environment only against loss or damage arising from fire and the named perils with the addition of theft if there is evidence of forcible entry and liability to third parties for accidents on the premise.
CONDOMINIUM PACKAGE
We can appreciate how overwhelming it can be to purchase and monitor the different kinds of insurance needed to cover the various risks of damages and losses that can be incurred in a day in the course of business. From liability towards guests and members of the public entering your premise to fire to theft and burglary, to the breakdown of lifts and machinery, to the fidelity of employees, there are a wide range of risks and policies that can and should be purchased. To ease the pain of monitoring and deciding what insurances to purchase and what not to, we have several customised package plans available that comprises of all these risks and more. One plan at one premium with multiple covers, how much more convenience can a person ask for?
INDUSTRIAL ALL RISKS
Industrial All Risk insurance is offers a two pronged protection for businesses. The first part of the policy protects the entity from loss and damage arising from fire and its allied perils to its assets, i.e. non-residential buildings and its contents, furniture and fittings, equipment, stocks in trade, etc; while the second part protects against loss of income or profits caused by losses that the first part of the policy would respond to. Understanding that all businesses are not the same, nor do they have the same requirements, the standard cover given under this policy can be extended to meet your requirements.
CROPS
Just as buildings and other physical assets can be destroyed by fire, so too can trees, plants and other vegetation. With less resistance to fire than bricks and cement, fire hazard is a risk that is very real and spreads rapidly. The Fire Insurance for Crops was designed to protect against losses incurred in having to treat or replant damaged trees.