Allianz Misc Combo

Allianz Misc Combo is a 6 in one essential protection for independent retailers and small manufacturers. Coverage in this product includes but is not limited to :

• Theft of property described by actual, forcible and violent entry
• Breakage of glass due to accident
• Business machineries and equipments due to accidental damage
• Bodily injuries to a third party
• Losses or damages to third party property

The All Risks insurance

The All Risks insurance covers all risks except the risks which are specifically outlined to be excluded in the policy.

Coverage:

• Losses or damages to your property due to fire, theft or any other accidents or misfortunes
• Losses or damages caused by perils unless such perils are specifically excluded in the policy

Fire insurance

Fire insurance covers your property against losses or damages caused by fire, lightning and explosion caused by domestic gas.

The policy can be extended to cover the following risks by paying additional premium:

• Aircraft Damage
• Earthquake and volcanic eruption
• Storm, Tempest
• Flood
• Explosion
• Impact Damage
• Bursting or Overflowing of Water Tanks Apparatus or Pipes
• Bush / Lalang
• Subsidence and Landslip
• Spontaneous Combustion
• Riot Strike and Malicious Damage
• Damage by Falling Trees or Branches and Object

Fire Consequential Loss

Fire Consequential Loss insurance covers loss of profit upon business interruption due to fire or other extended perils covered under the Standard Fire policy.

Coverage:

• Loss of profits
• Loss of revenue
• Loss of rental
• Standing charges
• Wages or salaries on payroll basis
• Increase cost of working due to business interruption

Extended Coverage with additional premium:

• Prevention of Access
• Public Utilities
• Infectious or Contagious Diseases
• Suppliers within Malaysia, Singapore or Brunei
• Customers within Malaysia, Singapore or Brunei
• Accountant’s fees 

Burglary insurance

Burglary insurance provides protection against incidents of theft to your property. This policy covers losses or damages to your property and its contents in your business premise due to:

• Theft by actual, forcible and violent entry
• Theft or attempted theft by a person feloniously concealed on the said premises
• Hold-up or armed robbery

Plate glass in showrooms, offices, shops and buildings can be insured under the Plate Glass insurance. Shattered windows or glass doors can leave your business premises unprotected and vulnerable to theft. The Plate Glass insurance is an “All Risks” cover which indemnifies you for any glass broken by fracture extending through the entire thickness of the glass as a result of an accident or misfortune.

Whether you are on your way to the bank to deposit your business earnings for the day or you prefer to keep the cash at your business premise, having Money Insurance could save you from unexpected financial loss in the event of robbery or theft. The Money Insurance covers the loss of your money whilst in transit and whilst in the premise. There are several options of cover under the Money Insurance.

Coverage:

• Money in premises
• Transit of earnings, wages and petty cash
• Direct transit of collections
• Transit of collections with stopover

Fidelity Guarantee insurance

The Fidelity Guarantee insurance is able to mitigate employee infidelity risk by providing indemnity to the employer against loss of money or property as a result of acts of fraud or dishonesty of any employees such as forgery, embezzlement, larceny or fraudulent conversion. Most business owners are not prepared to face the infidelity of their employees and its negative implications. It is not unusual to know of situations where employees suddenly go missing with a substantial amount of company money or assets.

Machinery & Equipment Insurance

Machinery & Equipment Insurance is designed to cover immobile industrial or commercial equipment. It covers various risks such as fire, lightning, theft and external accidental damage.

Many businesses have invested large sums of money into acquiring machineries that fit their specific business requirements. However, these machineries can potentially breakdown or stop working. The Machinery Breakdown insurance provides cover against sudden and unforeseen physical damage to your machineries whether at work or at rest and during cleaning, inspection, over-hauling, and removal to another position within the premises. The policy covers all accidental damages or losses due any causes except those specifically excluded in the policy.

The Machinery Breakdown Loss of Profit insurance

The Machinery Breakdown Loss of Profit insurance provides coverage against loss of gross profit due to business interruption caused by an accident indemnifiable under Machinery Breakdown Insurance. The loss of gross profit is as a result of reduction in turnover due to decreased in production and increased in cost of working.

The Contractors Plant and Machinery insurance

The Contractors Plant and Machinery insurance provides coverage for the plant and machinery used by contractors at construction sites. The policy provides protection against losses or damages from any causes not specifically excluded in a manner necessitating repair or replacement. The sum insured should equal to the cost of replacement of the same kind and capacity via the cost of replacement including freight, dues and customs duties plus cost of erection. 

The Electronic Shield Insurance

The Electronic Shield Insurance provides coverage for your computers and other electronic equipment and it applies whether the items are at work or at rest or being dismantled for the purpose of cleaning, overhauling or being shifted within the premises. It covers three (3) sections which are material damage, data media cover and increased cost of working.

The Civil Engineering Completed Risk insurance

The Civil Engineering Completed Risk insurance provides coverage against losses or damages to civil engineering structures after their completion such as highways, roads, bridges, tunnels, dams etc. The coverage is only granted for material damage to the structures insured and only repair costs are indemnifiable.

Coverage:

• Fire, lightning, explosion, impact by land borne/water borne vehicles
• Impact of aircraft, aerial devices
• Earthquake, volcanism, tsunami
• Storm
• Flood, inundation, wave action, water
• Subsidence, landslide, rockslide
• Frost, avalanche, ice
• Vandalism