What is Houseowners / Householders insurance?

This plan provides comprehensive protection.

  • Loss or damage to your home and contents by
    • fire
    • lightning
    • explosion caused by gas used for domestic purposes
  • Compensation for fatal injury occurring by visible violence caused by thieves or by fire
  • Extended coverage to metal smoke stacks, awnings, blinds, etc. against:
    • hurricane,
    • cyclone, 
    • typhoon, or
    • windstorm 

Key coverage

Here is an overview of your coverage

Standard Cover

Standard Cover

This policy covers

  • Loss or damage to your building or contents due to
    • fire
    • lightning
    • explosion caused by gas used for domestic purposes
  • Loss or damage to your building or contents by
    • aircraft, road vehicles or animals
    • bursting or overflowing of water tanks or pipes
    • theft by forcible and violent entry
    • windstorm, earthquake and flood 
  • Loss of rent
  • Liability to third parties for accidents in your house
  • Property temporarily removed within Malaysia
  • Damage to mirrors
  • Compensation for fatal injury occurring by visible violence caused by thieves or by fire
  • Servants’ property

Extension of Cover

Extension of Cover

  • For an additional premium, you may extend coverage to these following risks
    • subsidence, landslip
    • riot, strike and malicious damage
    • bush/lalang fire, damage by falling trees or branches and objects
  • Extended coverage to metal smoke stacks, awnings, blinds, etc. against
    • hurricane,
    • cyclone, 
    • typhoon, or
    • windstorm
  • Alterations, repairs and additions
  • Extended theft cover
  • Increased limit of liability to third parties for accidents in your house

How much is my premium?

Your premium may vary, depending on 

  • The cover selected
  • The coverage amount
  • Our underwriting requirements

Building Cost Calculator (BCC)

The calculator is a guide only to assist you in determining the estimated sums to be insured for residential properties, simple shop house and shop office and is not a substitute for professional advice to be obtained.

Before using the calculator, kindly note the following: 

  1. if any renovations have been made to your property, you are advised to indicate the amount (cost of renovation) in the box provided in the BCC.
  2. if your property has unique or special design features and/or have extensive renovations and/or have complex structures affixed, you are advised to obtain professional advice for a more accurate assessment of your property.

To access to the BCC, kindly click on the following selection:
http://www.piam.org.my/consumer/industry/building-cost-calculator-bcc/

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What we don’t cover

  • War, civil war and any act of terrorism
  • Radioactive and nuclear energy risks
  • Date recognition
  • Property damage to data or software
  • The ‘Liability to the Public’ section does not cover any asbestos related injury or damage involving the use, presence, existence, detection, removal, elimination or avoidance of asbestos or exposure or potential exposure to asbestos.
Note:
This list is non-exhaustive. Please refer to the sample policy contract for the full list of exclusions under this policy.
Important information

This plan is underwritten by Tokio Marine Insurans (Malaysia) Berhad. All benefits and features mentioned herein are subject to terms and conditions of the policy. It is in your best interest to refer to the Policy Contract for the precise terms and conditions of this insurance plan. The information shown here is for reference only and is accurate as at 30 June 2012.

Note: You must ensure that your property is insured at the appropriate amount. It is important that you read and understand the Terms, Conditions and Exclusions of the policy, and at all times, feel free to contact us for more information.