Burglary Insurance

Product information

Burglary Insurance Disclosure Sheet (English)

Burglary Insurance Disclosure Sheet (BM)

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

Why Burglary
Insurance?

Benefits at a glance.

Protection against theft

Protects against theft within your business or trade premises, covering your business-related assets such as:

Stock-in-trade.
Fittings and fixtures.
It also covers damage to the property insured and&/or premises due to theft.
Goods held in trust or on commission.
Machinery and tools.
Designs, patterns and moulds.
Office equipment of every description.
Furniture.

It also covers damage to the property insured and/or premises due to theft.

Options

2 available plans:

Full Value Basis
Designed for the possibility that your entire property is burgled.

You must ensure the sum insured is adequate because your policy is subject to average condition. If your sum insured is inadequate, you will not be fully indemnified at the time of loss.

First Loss Basis
Suitable if it is impossible for your entire property to be burgled at one time.

The sum insured is based on your assessment on the maximum probable loss at any one time.

Key coverage

Here is an overview of you coverage

Theft-related coverage
Covers loss of or damage to assets within the insured business or trade premises, as a result of:

Forcible and violent entry
Theft or any attempt by a person hiding in the insured premises
Hold-up or armed robbery
Damage to the premises as a result of theft or an attempt to break in

How much is my premium?

Your premium may vary, depending on

Risk exposure
The sum insured
Our underwriting requirements

More product
information

Burglary Insurance Proposal Form

PDF, 202.89 KB

What we
don’t cover

✖︎ Any person lawfully in the premises or a member of your premises.

✖︎ Hold-up or robbery unless specifically mentioned.

✖︎ Strike, riot and civil commotion.

✖︎ Premises unoccupied for over 30 consecutive days.

✖︎ Confiscation by order of any government or public authority.

✖︎ War and related risks.

✖︎ Radioactive and nuclear energy risks.

✖︎ Any act of terrorism.

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. You must refer to the policy contract for the precise terms and conditions of this insurance plan. The information is for reference only and is accurate as of 30 June 2012.

Note: You should check that this policy will best serve your needs. You should read and understand the insurance policy, and at all times, feel free to contact us for more information.