Tailor Made Business Insurances

Other Insurances

Benefits

Contractors All Risk

Contractor’s All Risks (CAR)  Insurance provides coverage for construction related risk. This policy covers the contractor, employer, and subcontractors  against  any loss or damage to the building under construction, as well as third party liability arising out of the construction works.

The Contractor’s All Risk policy may include materials supplied by employer, equipment and  machinery used during construction.

Duration of cover corresponds with the contract period which is stipulated in the Letter of Award.

For detailed information, please refer to:

Product disclosure sheet (Eng)
Product disclosure sheet (BM)

Erection All Risk

Erection All Risks (EAR)  Insurance provides protection to contractors and employers against various risks associated  with the installation and assembly of heavy machinery, industrial plants and structures.

The EAR Policy can covers  the loss or damage to property, materials, equipment and other assets used during the installation process, as well as third party liability arising out of such activities.

Duration of cover corresponds with the contract period which is stipulated in the Letter of Award.

For detailed information, please refer to:

Product disclosure sheet (Eng)
Product disclosure sheet (BM)
Proposal Form
Policy wording

Machine & Equipment Insurance

We insure your property against loss or damage by any unforeseen sudden and accidental cause arising from :

  1. Fire and / or lightning
  2. Accidental Damage
  3. Theft accompanied by actual forcible and violent entry or exit

For detailed information, please refer to:

Product disclosure sheet (Eng)
Product disclosure sheet (BM)
Policy Wording

Machinery Breakdown Insurance

Machinery Breakdown  provides coverage against financial losses resulting from sudden and unforeseen damage to machinery and equipment.

This coverage typically includes repair orreplacement costs resulting from the breakdown.

 Machinery Breakdown policy coverage can bepurchased by businesses that rely heavily on machinery and equipment such as manufacturing plants, power plants and construction companies, among others.

For detailed information, please refer to:

Claim Form
Policy Wording

Machinery Breakdown Loss of Profits

Machinery Breakdown  loss of profits provides protection against financial  loss resulting from the breakdown of machinery or equipment.

The policy also extends to include Additional Expenditure reasonably incurred to minimized the loss of Gross Profit.

For detailed information, please refer to:

Policy Wording

Money Insurance

The Money Insurance Policy basically covers the following

  1. Money in Transit

Loss of money whilst in transit from the insured’s premises to bank and vice versa whilst accompanied by the insured’s authorised employees.

In respect of cover for salaries/wages, this continues until the monies insured are fully paid out to the insured’s employees.

  1. Money in Premises

Loss of money whilst the money is kept in a locked safe or strong room at insured's premises by forcible and violent entry upon the premises; as a result of robbery and/or hold up whilst in the premises.

  1. Safe/Strong Room

Damage to the safe/strong room following forcible and violent entry upon the premises or as a result of a robbery or hold up is covered.

For detailed information, please refer to:

Product disclosure sheet (Eng)
Product disclosure sheet (BM)
Policy Wording
Claim Form

Plate Glass

Breakage (scratches excluded) of any plate glass as a result of accident or misfortune. The policy pays the cost of any necessary boarding up pending replacement of the broken glass subject to the limit of the sum insured.

For detailed information, please refer to:

Product disclosure sheet (Eng)
Product disclosure sheet (BM)
Policy Wording

Storage Tank

Storage Tank policy provides coverage against sudden and unforeseen physical losses or damages to storage tanks, primarily  as bulk storage tanks such as palm oil tanks, fuel oil tanks chemicals and etc.

These tanks are susceptible to many forms of accident or extraneous damage which include impact damage, bursting, splitting, rupture collapse and leakage.

The policy can also extend to cover the loss of contents in the tanks.

For detailed information, please refer to:

Policy Wording

Benefits

The benefit(s) payable under eligible product is protected by PIDM up to limits. Please refer to PIDM’s TIPS Brochure or contact Generali Insurance Malaysia Berhad or PIDM (visit www.pidm.gov.my)

Extensions

Enhanceyour coverage from loss or damage caused by other named perils and more.

Download policy documents here

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