Property & Pecuniary

 

	All Risks Insurance
	Burglary Insurance
	Equipment Insurance
	Fidelity Guarantee Insurance
	Money Insurance
	Glass Insurance

 

ALL RISKS INSURANCE
This is a comprehensive insurance protection for your office equipment, plant and machinery including portable items such as cameras, laptops against the risk of fire, theft or any other accident or misfortune subject to the terms, exceptions and conditions of the policy.

 

BURGLARY INSURANCE

This insurance is designed to cover loss or damage to property contained in the trade premises against theft consequent upon actual forcible and violent entry upon the insured premises or committed by any person or persons (other than employees) feloniously concealed thereon. The policy also cover damage to the insured property or to the premises falling to be borne by the Insured due to such theft or any attempt thereat.

Note:
a) The insured premises shall not include any yard, garden, outbuilding or other appurtenances unless specifically stated in the schedule.
b) Sum Insured can be arranged on First Loss basis, if required.

EQUIPMENT INSURANCE

This insurance is specially designed to cover against loss or damage to mobile equipment such as excavator, tractor etc. used beyond the Insured's premises e.g. at contract sites. Provided always that the said equipment is not licensed for road use and for which a certificate of Motor Insurance is not required.

The standard policy covers the insured equipment and its standard accessories and parts whilst thereon by -

a) accidental collision or overturning or collision or overturning consequent upon mechanical breakdown or consequent upon wear and tear;

b) fire external explosion self-ignition or lightning;

c) burglary housebreaking or theft.

In addition, if the equipment is disabled by reason of loss or damage insured under the policy, the Company will bear the cost of not exceeding RM500.00 reasonably incurred for its protection and removed to the nearest repairers and for its delivery within the country where the loss or damage was sustained.

 

FIDELITY GUARANTEE INSURANCE

The Company will reimburse the Employer for all direct pecuniary loss sustained by the Insured arising out of any act of fraud or dishonesty committed by the employees as insured under the policy:

	during the Period of Insurance;
	during the uninterrupted continuance of employment of such employee;
	in connection with the occupation and duties of such employee and
	discovered during the aforesaid Period of Insurance or within 6 months thereafter or within 6 months after the death, dismissal or retirement of such employee whichever shall happen first.

 

MONEY INSURANCE

This insurance is designed to cover business establishments against loss of money whilst kept within the insured premises and/or in transit.

The policy may be extended to cover unnamed employees of the Insured against death and permanent disablement caused by assailant in an attempt to rob whilst carrying the money on behalf of the Insured.

Money means coin bank and currency notes cheques money orders postal orders current unused stamps revenue stamps and bills of exchange all belonging to the Insured or for which the Insured has accepted liability.

 

GLASS INSURANCE
This insurance covers accidental breakage of glass in the insured premises.

Note: a) Sum Insured can be arranged on First Loss basis, if required.