Kurnia.com - Malaysia - Industrial All Risks Insurance

INDUSTRIAL ALL RISKS INSURANCE

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POLICY DETAILS

Basic Cover

Interest Insured

Premium & Extensions

Product Disclosure Sheets

How To Buy

BASIC COVER

The Industrial All Risks Insurance provides coverage for any physical accidental loss to property insured at the business premises. Coverage is other than by an excluded cause. A single policy with separate section sum insured for property and loss of income resulting from business interruption in consequence of an indemnifiable material damage loss is provided. The combine sum insured must be more than RM50 million.

INTEREST INSURED

Section I

	Building, renovation
	Furniture, fixtures and fittings
	Office equipment, plant, machinery and utensils
	Stock in trade

Section II

	Profits / revenue / rental of the business
	Expenditure which continue to be incurred
	Increase in cost of working in consequence of the incident

PREMIUM & EXTENSIONS

The basic premium is calculated based on application of special rate prescribed by Persatuan Insurans Am Malaysia (PIAM).

The basic policy can be extended to cover loss of or damage to property caused by and not limited to the following peril:

	Riot, strike and malicious damage;
	Explosion of boilers and pressured vessels;
	Impact Damage by own vehicles and third party vehicles;
	Aircraft Damage;
	Bursting and/or overflowing of water tanks apparatus and pipes (excluding sprinkler system);
	Bush / Lalang fire;
	Spontaneous combustion;
	Storm and Tempest;
	Flood;
	Earthquake and volcanic eruption;
	Damage by falling trees or branches and object there from;
	Sprinkler leakage
	Subsidence and Landslip

PRODUCT DISCLOSURE SHEETS

Click here to view Product Disclosure Sheets (PDS).

HOW TO BUY

	Buy directly from Kurnia Branch
	Buy directly from our Agents
	Make Product Enquiry

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