Overview

Fire. Burglary. Armed robbery. These are just some of the most common risks your home is exposed to every day. With a MSIG policy that covers almost any event, you can protect your family home and personal possessions from loss. Now, that's peace of mind.

MSIG Houseowner/Householder policy is divided into two sections:

HOUSEOWNER covers your private dwelling house/flat/apartment including fixtures, fittings, garages, walls, gates and fences around the house.

HOUSEHOLDER covers the contents of your home, i.e. the household goods and personal effects whilst contained in your private dwelling house/flat/apartment which belongs to you or any member of your family or domestic servants normally residing with you.

Benefits

Coverage Provided Under The Policy

MSIG Houseonwer/Householder policy covers loss or damage to the building and contents caused by the following:

• 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/Burglary but only if accompanied bby 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**

• 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*

^# 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 perils marked with **, the first 1% of the total sum insured on buildings or RM200.00, whichever is the less.

Extension to basic cover

You can extend the policy to cover loss or damage due to the following with payment of additional premium:

Applicable to Section I - Building

• Landlords Household Goods and Furnishings in Blocks of Flats.

• 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.

• Alterations and Repairs.

Applicable to Section II - Contents

• Unoccupancy in excess of 90 days.

• Extended Theft Cover (without evidence of forced and violent entry or exit).

Applicable to Section I - Building and Section II - Contents

• Riot, Strike and Malicious Damage.

• Subsidence and Landslip.

Additional Cover is available for the following:

• Additional Rent Insurance.

• Increased Limits of Owner's Liability.

View General Exclusions and Important Notes >

General Exclusions

• War, invasion, act of foreign enemy, hostilities or warlike operations.

• Mutiny, riot, military or popular rising, insurrection, rebellion, revolution, or military or usurped power, martial law or state of siege.

• Nuclear weapons materials, ionising radiations or contamination by radioactivity from any nuclear fuel or from any nuclear waste from the combustion.

• Cessation of work, confiscation, destruction to the property by local authority of the country.

• Own fermentation; natural heating; spontaneous combustion or undergoing any heating or drying process.

• Bursting or overflowing of domestic water tanks, apparatus or pipes while the private dwelling house is left untenanted.

• Theft in the event of the Private Dwelling being left without inhabitant for more than ninety (90) days.

• Consequential loss or damage of any kind whatsoever.

• Hurricane, cyclone, typhoon or windstorm to any building in course of construction, reconstruction or repair.

• Subsidence or landslip except when this occasioned by earthquake or volcanic eruption.

Excluded Property

• Deeds, bonds, bills of exchange, promissory notes, cheques, securities for money, stamps, documents of any kind, cash, currency notes, bank notes, manuscripts, medals and coins, motor vehicles and accessories or livestock.

The minimum premium charged for this policy is RM60.00 after deduction of any discount permitted by the Fire Tariff other than discount for commission or brokerage.

Important Notes

• Your attention is drawn to the 60 days Premium Warranty attached to the policy. By this warranty, the insurance policy is automatically cancelled unless the full premium is paid to the insurer within 60 days from the commencement date of cover.

• The description of cover is a brief summary for quick and easy reference. The precise terms and conditions that apply are in the Policy Document.

• You can request to view the actual insurance policy before you sign up.

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