HOUSE OWNER / HOUSEHOLDER INSURANCE

 

  • Basically this policy is divided in 2 sections
    • HouseOwner (Building) Insurance
    • HouseHolder (Content) Insurance
  • HouseOwner Insurance
    Since the Fire Policy has limited cover, this policy is designed to make the coverage more comprehensive.
    Scope of Cover
    • Fire, Lightning, Thunderbolt, Subterranean Fire
    • Explosion
    • Aircraft and other aerial devices dropped therefrom
    • Impact Damage
    • Bursting or Overflowing of Domestic Water Tanks, Apparatus or pipes
    • Theft by actual forcible and violent entry into or out of the building
    • Hurricane, cyclone, typhoon, windstorm
    • Earthquake and volcanic eruption.
    • Flood(Including overflow of the sea)
    And in addition
    • Loss of Rent (not exceeding 10% of the total Sum Insured)
    • The Insured’s Liability to the public in respect of Bodily Injury and Damage up to RM 50,000.00 in respect of any one occurrence, and in addition costs payable to the Claimants and/or incurred with the consent of the Company in defending the claims.
    Extension to the Scope of Cover
    • Riot & Strike and Malicious Damage
    • Flood other than as a result of earthquake, volcanic eruption, hurricane, cyclone, typhoon, windstorm
    • Subsidence and landslip
  • Householder Insurance
    This policy covers loss of or damage to the contents of the Insured caused by any of the following specified perils:-
    Scope of Cover
    • Fire, Lightning, Thunderbolt, Subterranean Fire
    • Explosion
    • Aircraft and other aerial devices dropped therefrom
    • Impact Damage
    • Bursting and Overflowing of water tanks, pipes etc
    • Theft by only if accompanied by actual forcible and violent breaking into or out of a building or any attempt thereat
    • Hurricane, Cyclone, Typhoon, Windstorm
    • Earthquake, Volcanic Eruption
    • Flood but excluding loss or damage caused by subsidence or Landslip
    And in ADDITION, the policy also covers
    • Loss of Rent and necessary hotel expenses(not exceeding 10% of the total sum insured.)
    • The Insured’s Liability to the Public up to RM50,000.00 in respect of any one occurrence
    • Breakage of Mirrors (other than hand mirrors) whilst in private dwelling only.
    • Servants Effects.(Clothing and personal effects of the Insured’s Resident domestic servants.)
    • Death Benefit to the Insured. Fatal injury to the Insured Occurring in the private dwelling occasioned by outward And visible violence caused by the Thieves or by Fire.
    Extension Available
    • Riot, Strike and Malicious Damage
    • Subsidence and landslip

 
   
 

   
 

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