Tailor Made Business Insurances

Fire Risk Insurance

Benefits

Covers loss or damage to your insured property caused by fire, lightning and explosion caused by gas used for domestic purposes.

Fire

Lightning

Lightning

Explosion by domestic boiler and gas cylinder

Fire

Lightning

Explosion by domestic boiler and gas cylinder

Fire

Lightning

Protect your business from the impact of fire with essential coverage and optional add-ons from our Fire Risk Insurance Plan so you can quickly recover your business.

Our plan comes with comprehensive coverages that are customisable to the nature of your business and risk appetite. You will also enjoy added complimentary cover to replace your damaged property with green materials in the event of an unexpected fire.

Who is this for?

Designed for owners of small and medium sized businesses (SME), the Multi Biz Protector Enhanced is a customisable and comprehensive insurance plan that covers key business risks. 

Why Multi Biz Protector Enhanced?

Comprehensive 

 Most of the risk exposures are covered in this ‘one-stop’ package. There is no need to worry about what you may have missed out. 

Convenient

Main classes of insurance are packaged into one product. One product, one expiry date, one insurer, making it easy to manage.

Competitive

Especially for our customers, this package is priced competitively to cater to your needs.

Wider Coverage

Choice to extend additional insurance coverage for Inconvenience Allowance, Heavy Equipment, Machinery Breakdown, Goods in Transit and Products Liability.

Benefits

Covers loss or damage to your insured property caused by fire, lightning and explosion caused by gas used for domestic purposes.

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)

Fire

Lightning

• First payout bene­fit within 5 working days (applicable to physical damage caused by ­re or other insured perils only)

• Second payout bene­fit (up to 10% of claims payable for selected plans) upon receipt of full documents and claims veri­fication

Explosion by domestic boiler and gas cylinder

Fire

Lightning

Explosion by domestic boiler and gas cylinder

6 Built In Perils

Complimentary coverage that includes Aircraft Damage, Earthquake, Explosion, Bush Lalang, Riot Strike Malicious Damage, and Damage by Falling Trees, covering up to 10% of total sum insured or a maximum of RM1,000,000

Improvement Work Extension

Provides full Construction All Risks and Third-Party Liability coverage with limit up to RM200,000 for Material Damage and RM100,000 for Third Party Liability.

Complimentary Cover

Up to RM1,000 payout each on:

• Innkeeper’s liability (applicable to budget hotels, homestay, boarding house and rest house operator)

• Signboard / neon sign damage due to fire and windstorm

Extensions

Complimentary Green Material Enhancement

Cover the additional cost incurred to repair or replace the damaged property with green technology or environmentally friendly materials in the event of a fire and insured perils claim up to 30% of total loss amount or RM 10,000,000 whichever is lower.

Looting following fire

Covers against looting following a fire incident up to RM 10,000

Temporary protection

Cost of temporary shuttering, boarding up and/or other protection after an insured incident up to RM 10,000

Complimentary Green Material Enhancement

Cover the additional cost incurred to repair or replace the damaged property with green technology or environmentally friendly materials in the event of a fire and insured perils claim up to 30% of total loss amount or RM 10,000,000 whichever is lower.

Looting following fire

Covers against looting following a fire incident up to RM 10,000

Temporary protection

Cost of temporary shuttering, boarding up and/or other protection after an insured incident up to RM 10,000

Expediting expenses

Cover the necessary extra costs of temporary repair and of expediting the permanent repair, replacement or reinstatement of property insured, up to RM10,000

6 built in perils

Complimentary built-in perils -Aircraft Damage, Earthquake, Explosion, Bush Lalang, Riot Strike Malicious Damage and damage by falling trees with sub-limit of 10% of total sum insured, up to maximum of RM1million

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

Download policy documents here

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