Houseowners & Householders

There are 2 areas under Houseowners & Householders insurance.

• Houseowners (Buildings) Insurance
• Householders (Contents) Insurance

HOUSEOWNERS (BUILDINGS) INSURANCE

For houseowners, the Fire policy has limited cover. For this reason insurers have especially designed Houseowners policies which offer comprehensive cover.

Scope of Cover

This policy covers against loss and damage by a full range of perils such as :

• Fire, lightning, thunderbolt, subterranean fire
• Explosion
• Aircraft and other aerial devices dropped therefrom
• Impact Damage
• Bursting and overflowing of water tanks, pipes etc.
• Theft by actual forcible and violent entry into or out of the building
• Hurricane, cyclone, typhoon, windstorm
• Earthquake and volcanic eruption
• Flood (including overflow of the sea)

And in addition:

• Loss of Rent (not exceeding 10% of the total sum insured)
• The insured’s liability to the public in respect of Bodily injury and Damage up to RM50,000 in respect of any one occurrence.

EXTENSION TO SCOPE OF COVER

• Riot & Strike and Malicious Damage
• Flood other than as a result of earthquake, volcanic eruption, hurricane, cyclone, typhoon, windstorm

HOUSEHOLDERS (CONTENTS) INSURANCE

SCOPE OF COVER

This policy covers loss of or damage to contents of a building as a result of the same contingencies as stated in the Houseowner’s Policy. (Please refer to the scope of cover No. a) to i) under the Houseowner’s Policy.
And in addition:

• Loss of rent and necessary hotel expenses (not exceeding 10% of the total sum insured)
• Breakage of mirrors (other than hand mirrors) whilst in the private dwelling only.
• The Insured’s liability to the public up to RM50,000 in respect of any one occurrence.
• Fatal injury to the insured occurring in the private dwelling, occasioned by outward and visible violence caused by thieves or by fire.
• Compensation for death of the insured as a result of the same causes as in No 13 above. The liability of the company is limited to the sum specified in the schedule or half of the total sum insured.

EXTENSION TO SCOPE OF COVER

• Riot & Strike and Malicious Damage
• Extended Theft Cover