Benefit Highlights

Comprehensive Protection for seven vital areas of your business

1. Contents
2. Inconvenience Allowance
3. Theft, Armed Robbery or Hold-up
4. Plate Glass
5. Cash
6. Employer's Liability
7. Public Liability

Claims Allowed for Additional Losses or Expenses
Up to 10% of sum insured of Your contents for Temporary Removal of Contents (excludes stock-in-trade).

Up to RM500 per accident for damage to external locks and keys of external doors, safes and alarms (excludes the first RM250).

Up to RM500 any one accident for cost necessarily incurred in replacing title deeds, documents, plans, maps and manuscripts lost or damaged in transit.

Up to 10% of the sum insured of your contents for removal of debris if a claim arises under Section 1.

Up to RM5000 per accident for Fire Brigade charges, cost to replenish fire fighting appliances and wages of employees, necessarily and reasonably incurred by you in extinguishing fires at or adjoining your business premises.

Up to RM2000 per incident for reasonable cost incurred in repairing or replacing doors, windows, safes, drawers, cupboards and/or cabinets damaged in a break-in or attempted break-in by thieves.

Seven Vital Protection Plans for Your Business

• Section I - Your Contents
  
  Easi-Biz will cover your contents including all business and office furniture and equipment fixtures and fittings and goods or stock-in- used in your business up to the sum insured as described in the Schedule of plans, against physical loss or damage by the following perils:
  
  
  1. Fire, Lightning, Thunderbolt or Subterranean Fire
  2. Explosion
  3. Aircraft Damage
  4. Impact caused by any animal or road vehicle (excess RM250)
  5. Bursting or overflowing of domestic tanks, apparatus or pipes (excess: 1% of sum insured or minimum of RM100)
  6. Earthquake and Volcanic Eruption
  7. Hurricane, Cyclone, Typhoon, Windstorm (excess RM250)
  8. Flood (excess: 1% of sum insured of your contents)
  9. Riot, Strike, Malicious Damage
  10. Subsidence and Landslide (excess 5% of sum insured of your contents or RM25,000, whichever is lower)
  11. Accidental discharge or escape of water from installation of automatic sprinklers
  12. Accidental damage to all business and office furniture and equipment, fixtures and fittings except goods or stock-in- (excess RM250)
      
      
• Section II - Inconvenience Allowance
  
  If your contents are destroyed or damaged by any of the perils covered under Section I, which causes your business premises to temporarily close for business or cease operation, we will pay you a daily inconvenience allowance as specified in the Schedule of plans.
  
  The allowance shall stop the day your business resumes full or partial operation or up to a maximum of 180 days.
  
  
• Section III - Theft, Armed Robbery or Hold-up
  
  We will pay you if your contents as mentioned under Section 1 suffer loss or damage while in your business premises as a direct consequence of Theft.

  Theft must be accompanied by actual, visible and forcible violent breaking in or out of your premises, armed robbery or hold-up.

• Section IV - Plate Glass
  
  Easi-Biz will cover any fixed glass in doors, windows or display cases that is broken by fractures extending through its entire thickness as a result of accident or misfortune.
  
  
• Section V - Money
  
  Easi-Biz coverage includes the loss of cash bank and currency notes cheques, money orders, postal orders credit card vouchers sales vouchers unused postage stamps and revenue stamps while:
  • In transit anywhere in Malaysia.
  • In your business premises provided that after business hours, the mentioned items are kept secured in a locked safe, locked drawers or locked cabinets.
    
    
• Section VI - Employer's Liability
  
  If any of your employees sustains bodily injury by accident or disease arising out of, and in the course of their employment, we will pay all sums of compensation which you shall be legally liable at law but shall not exceed RM2,000,000 during any one period of insurance.
  
  
• Section VII - Public Liability
  
  If you become legally liable to pay compensation or expenses for accidental bodily injury to, or death of another person and/or loss of or damage to another person's property arising from your negligence or of any of your employees while engaged in your business, we will pay those moneys on your behalf.
  
  The limit of liability that we will pay shall not exceed RM250,000. In addition we will also pay legal fees up to RM20,000

Who can purchase Easi-Biz ?
All offices and retail businesses involving or classified under Category A and B below, and of Class 1A construction. Class 1A construction means that the building is constructed of the following materials.

Walls: brickwork, masonry, concrete, reinforced concrete or any other similar material having at least 2-hr fire resistance.
Floors: reinforced concrete.
Roof: non-combustible materials.

Declined Businesses Involving:

• Antiques
• Electronic / electrical appliances
• Hi-fi / stereo equipment
• Telecommunications equipment & accessories including handphones, handphone accessories, phone cards
• Cigarettes / cigars / wines & spirits exceeding 10% of total stock value
• Jewellery or gold
• Chinese medicines (including herbals and seafoods)
• Clocks, watches, pens, cameras

General Exclusions
Easi-Biz does not cover the following risks:

1. Radioactive Contamination
2. War
3. Terrorism
4. Acts of Authorities
5. Sonic Bangs
6. Existing Damage