MSIG Insurance (Malaysia) Bhd is a member of PIDM. The benefit(s) payable under eligible product is protected by PIDM up to limits. Please refer to PIDM's TIPS Brochure or contact MSIG Insurance (Malaysia) Bhd or PIDM (visit www.pidm.gov.my).
MSIG Houseowner / Householder Insurance is a comprehensive home policy that covers the private dwelling house, flat or apartment and contents against fire and other perils including legal liability to the public for accidents caused by defect in the building.
We understand that you have furnished your home with love and care. That's why this protection plan is designed to shield what's precious to you.
Benefits
Benefits
Coverage Benefits
Houseowner
(Building)
Householder
(Contents)
Fire, Lightning, Thunderbolt, Subterranean Fire
Explosion
Aircraft Damage
Impact Damage by Road Vehicles or Animals
Bursting or Overflowing of Water Tanks, Apparatus or Pipes*
Theft But Only If Accompanied by Actual Forcible and Violent Entry or Exit
Hurricane, Cyclone, Typhoon or Windstorm**
Earthquake or Volcanic Eruption**
Flood Excluding Loss or Damage Caused by Subsidence or Landslip**
Robbery and Hold Up in the Premises
Loss of Rent Up to the Limit of 10% of Total Sum Insured on Building and/or Contents
Owner's Liability Up to RM50,000 on Building and Contents, Each Section Respectively
Contents Temporarily Removed from the House Limited to 15% of the Total Sum Insured on Contents^^
Damage to Mirrors, Other than Hand Mirrors, Limited to RM500.00 Per Piece Any One Incident^^
Compensation for Death of the Insured, Maximum Compensation of RM10,000 or One Half of the Total Sum Insured on Contents, Whichever is Less^^
| Coverage Benefits | |
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| Houseowner (Building) | Householder (Contents) |
| Fire, Lightning, Thunderbolt, Subterranean Fire | |
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| Explosion | |
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| Aircraft Damage | |
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| Impact Damage by Road Vehicles or Animals | |
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| Bursting or Overflowing of Water Tanks, Apparatus or Pipes* | |
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| Theft But Only If Accompanied by Actual Forcible and Violent Entry or Exit | |
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| Hurricane, Cyclone, Typhoon or Windstorm** | |
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| Earthquake or Volcanic Eruption** | |
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| Flood Excluding Loss or Damage Caused by Subsidence or Landslip** | |
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| Robbery and Hold Up in the Premises | |
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| Loss of Rent Up to the Limit of 10% of Total Sum Insured on Building and/or Contents | |
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| Owner's Liability Up to RM50,000 on Building and Contents, Each Section Respectively | |
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| Contents Temporarily Removed from the House Limited to 15% of the Total Sum Insured on Contents^^ | |
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| Damage to Mirrors, Other than Hand Mirrors, Limited to RM500.00 Per Piece Any One Incident^^ | |
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| Compensation for Death of the Insured, Maximum Compensation of RM10,000 or One Half of the Total Sum Insured on Contents, Whichever is Less^^ | |
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^^Applicable to Householder policy only
In the event of loss or damage occurred, the following excess will apply:
- For peril marked with *, the first RM50.00 is not covered.
- For peril marked with **, the first 1% of the total sum insured on buildings or RM200.00, whichever is less.
Optional Add-On
Extension to Basic Cover (Tariff)
You can extend the policy to cover loss or damage due to the following with payment of additional premium:Extensions
Houseowner
(Building)
Householder
(Contents)
Plate Glass Damage
Damage by Hurricane, Cyclone, Typhoon or Windstorm to Metal Smoke Stacks, Awnings, Blinds, Signs and Other Outdoor Fixtures and Fittings Including Gates and Fences
Extended Theft Cover
(Without Evidence of Forced and Violent Entry or Exit)
Riot, Strike and Malicious Damage
Increased Limits of Owner's Liability
| Extensions | |
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| Houseowner (Building) | Householder (Contents) |
| Plate Glass Damage | |
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| Damage by Hurricane, Cyclone, Typhoon or Windstorm to Metal Smoke Stacks, Awnings, Blinds, Signs and Other Outdoor Fixtures and Fittings Including Gates and Fences | |
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| Extended Theft Cover (Without Evidence of Forced and Violent Entry or Exit) |
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| Riot, Strike and Malicious Damage | |
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| Increased Limits of Owner's Liability | |
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Home Protector Package 1 (Non-Tariff)
As landlords, your concern for the well-being of your property during rental periods is paramount. That's why this add-on package provides vital protection, bringing financial security and peace of mind to the ever-changing landscape of property ownership.
Maximum Limit (RM)
Cover
Plan 1
Plan 2
Plan 3
Malicious Damage by Tenant
Indemnifies the loss or damage to your building caused by your tenant due to malicious act.
2,000
3,000
5,000
Loss of Rental Income due to Tenant Runaway
Provides a lump sum payment for loss of rent due to tenant departure from your property without providing written notice of departure.
1,000 / accident
2,000 / accident
3,000 / accident
Legal Fees for Letter of Demand
Indemnifies the legal fees incurred for issuance of letter of demand to your tenant due to non-payment of rent for overstaying or due to default of rental.
1,000
Fire Brigade Charges and Report
Indemnifies against fire brigade charges incurred as a result of loss or damage caused by fire, including the cost of replacement of fire-fighting appliances.
500
Unoccupancy Extension for Theft
Extend the cover for loss or damage due to theft if your home is unoccupied for up to 120 days.
Up to 120 days
| Maximum Limit (RM) | |||||
| Plan 1 | Plan 2 | Plan 3 | |||
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Malicious Damage by Tenant
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Indemnifies the loss or damage to your building caused by your tenant due to malicious act |
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| 2,000 | 3,000 | 5,000 | |||
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Loss of Rental Income due to Tenant Runaway
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Provides a lump sum payment for loss of rent due to tenant departure from your property without providing written notice of departure. |
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| 1,000 / accident | 2,000 / accident | 3,000 / accident | |||
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Legal Fees for Letter of Demand
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Indemnifies the legal fees incurred for issuance of letter of demand to your tenant due to non-payment of rent for overstaying or due to default of rental. |
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| 1,000 | 1,000 | 1,000 | |||
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Fire Brigade Charges and Report
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Indemnifies against fire brigade charges incurred as a result of loss or damage caused by fire, including the cost of replacement of fire-fighting appliances. |
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| 500 | 500 | 500 | |||
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Unoccupancy Extension for Theft
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Extend the cover for loss or damage due to theft if your home is unoccupied for up to 120 days. |
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| Up to 120 days | Up to 120 days | Up to 120 days | |||
Home Protector Package 2 (Non-Tariff)
Essential for homeowners, this add-on package offers crucial coverage against unexpected events that could jeopardize financial stability and disrupt lives.
Maximum Limit (RM)
Cover
Plan 1
Plan 2
Plan 3
Mortgage Loan Instalment
Indemnifies your insured building's monthly loan installment in the event of:
Loss or damage to building when the loss or damage exceeds 15% of building sum insured.
Evacuation by local authority due to happening of insured events for more than 72 hours.
Accidental death or total permanent disablement.
Up to max 6 months or 15,000
Up to max 6 months or 20,000
Up to max 6 months or 30,000
Inconvenience Cash Allowance
Provides an allowance when claim payment for loss or damage to your home by insured events is more than RM20,000.
2,000
3,000
5,000
Alternative Accomodation
- Hotel (Max 5 days) and / or
- Rental (Max 6 months)
Indemnifies the necessary cost of reasonable alternative accomodation and/or rent as a result of your home being rendered uninhabitable due to loss or damage by insured events.
100 / day
1,000 / month
200 / day
2,000 / month
300 / day
3,000 / month
Burglary/ Robbery Harm Allowance
Provides an allowance in the event you/your family members residing with you sustain injury caused by burglars or robbers within your home.
Note:
Sick leave of at least 1 day granted by medical practitioner is required.
Where allowance is payable for more than 1 person arising out of the same event, the compensation shall be apportioned in equal shares.
1,500 / accident
2,000 / accident
3,000 / accident
85% Average Relief Clause
You will not be penalised by policy Average condition if the sum insured is ascertained to be more than 85% of the actual cost of replacement or reinstatement at time of loss.
Covered
| Maximum Limit (RM) | |||||
| Plan 1 | Plan 2 | Plan 3 | |||
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Mortgage Loan Instalment
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Indemnifies your insured building's monthly loan installment in the event of: Loss or damage to building when the loss or damage exceeds 15% of building sum insured.
Evacuation by local authority due to happening of insured events for more than 72 hours.
Accidental death or total permanent disablement.
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| Up to max 6 months or 15,000 | Up to max 6 months or 20,000 | Up to max 6 months or 30,000 | |||
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Inconvenience Cash Allowance
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Provides an allowance when claim payment for loss or damage to your home by insured events is more than RM20,000. |
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| 2,000 | 3,000 | 5,000 | |||
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Alternative Accomodation
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Indemnifies the necessary cost of reasonable alternative accomodation and/or rent as a result of your home being rendered uninhabitable due to loss or damage by insured events. |
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| 100 / day 1,000 / month | 200 / day 2,000 / month | 300 / day 3,000 / month | |||
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Burglary/ Robbery Harm Allowance
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Provides an allowance in the event you/your family members residing with you sustain injury caused by burglars or robbers within your home. Note:
a)
Sick leave of at least 1 day granted by medical practitioner is required.
b)
Where allowance is payable for more than 1 person arising out of the same event, the compensation shall be apportioned in equal shares.
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| 1,500 / accident | 2,000 / accident | 3,000 / accident | |||
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85% Average Relief Clause
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You will not be penalised by policy Average condition if the sum insured is ascertained to be more than 85% of the actual cost of replacement or reinstatement at time of loss. |
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| Covered | Covered | Covered | |||
Duration of cover is for one year and you need to renew your insurance policy annually.
Minimum Premium Charged
The minimum premium charged for this policy is RM60.00 after deduction of any discount permitted by the Fire Tariff other than discount for commision or brokerage.Note:
- You are obligated to pay any applicable taxes (which include but not limited to service tax and RM10 stamp duty) imposed by the Malaysian tax authorities in relation to your Policy
- Effective 1 March 2024, an 8% Service Tax will be applied for all taxable general insurance policies. This includes policies commencing on or after this date or span across it (pro-rated). MSIG retains the right to collect any uncharged service tax for policies processed before 1 March 2024 where the insurance period spans across that date.
Learn More
MSIG Houseowner / Householder Insurance is here to protect your precious home and personal belonging.
Download the coverage details below to learn more.
Please refer FAQ for claim here.