Liberalisation of Motor Tariff in Malaysia on 1st July 2017.

car-insurance-fb-wall-post

Malaysia Motor Insurance Latest News Update Sharing

1/7/2017 onwards,

Malaysia Enforce Liberalisation of Motor Tariff….., which mean no more FIXED premium and you need choose the best rate in Market…!!!

We ACPG sincere advice you and Your company to choose better experience n responsible motor insurance agency.

We sincere advice you and your company to choose senior insurance knowledge experience and widest choice of insurance companies as ACPG Group of Companies with more than 10 principal insurers and in insurance industry more than 28 years.

We ACPG have more than 300 Platinum Standard Panel Repair Workshops Nationwide provide warranty repair services n original part replacement.

We ACPG available Online Service convenience our customer renew motor insurance n road tax via credit card payment n delivery road tax to door step Nationwide service.

We sincere wish your kindness given chance to us ACPG to service you n your family’s..

Shared By

Anthony Chin,CEO

ACPG Management Sdn Bhd

Head Office

158-3-7, Kompleks Maluri,

Jalan Jejaka, Taman Maluri,Cheras

55100 Kuala Lumpur, Malasyia.

03-92863323

011-12239838 (WhatsApp)

www.acpgconsultant.com

Your Experience Insurance Advisory Service Provider since year 1989.

30/06/2017.

ACPG Motor Insurance Tips Sharing

Find out the current insurer for your vehicle, type of coverage, policy period and policy number by entering your details below.

I-Search “Free”

https://www.mycarinfo.com.my/ISearch/Enquiry?version=b2c

For your general knowledge about Malaysia Motor Insurance NCD “No Claim Discount” info

NCB Discount up to 55% is able to transfer to any malaysia insurance company on your next renewal, all insurance company will offer same NCB % rate when you renew your motor insurance policy with others insurance company.

You able to check your current n next renewal NCB % entitlement status n your policy cover period as below link…

I-Search “Free”

https://www.mycarinfo.com.my/NCDCheck/Online

PIAM APPROVED REPAIRERS SEARCH

Today PIAM manages 655 PARS repairers that are operating nationwide. The benefit of PARS to the policyholders includes:-

a warranty period of 6 months on workmanship given by the workshop on the repaired vehicle, comfort that the workshops have been approved by PIAM and a body that the policyholders can refer to if the services of these workshops are not satisfactory

Members’ insurance companies of PIAM may select only repairers that are registered under the PARS as their authorised workshops to repair their insureds vehicles. These insurers will thus have a selected number of PARS workshops as their approved workshops.

Search for PIAM authorized repairers in your area here.

http://www.piam.org.my/search-for-piam-approved-repairers/

Malaysia Motor Insurance Insurers

AIG Malaysia Motor Insurance Kuala Lumpur

AIA Malaysia Motor Insurance Kuala Lumpur

AXA Malaysia Motor Insurance Kuala Lumpur

AMGeneral Malaysia Motor Insurance Kuala Lumpur

Allianz Malaysia Motor Insurance Kuala Lumpur

Berjaya Sompo Malaysia Motor Insurance Kuala Lumpur

Chubb Malaysia Motor Insurance Kuala Lumpur

Etiqa Takaful Malaysia Motor Insurance Kuala Lumpur

Kurnia Malaysia Motor Insurance Kuala Lumpur

Liberty Malaysia Motor Insurance Kuala Lumpur

Lonpac Malaysia Motor Insurance Kuala Lumpur

MSIG Malaysia Motor Insurance Kuala Lumpur

MPI General Malaysia Motor Insurance Kuala Lumpur

Progressive Malaysia Motor Insurance Kuala Lumpur

RHB Malaysia Motor Insurance Kuala Lumpur

The Pacific Malaysia Motor Insurance Kuala Lumpur

Takaful Malaysia Motor Insurance Kuala Lumpur

Tokio Marine Malaysia Motor Insurance Kuala Lumpur

Tune Malaysia Motor Insurance Kuala Lumpur

QBE Malaysia Motor Insurance Kuala Lumpur

Zurich Malaysia Motor Insurance Kuala Lumpur

 

11138523_897510296979548_1132563850030421061_n

Malaysia Strata Insurance advice by Malaysia JMB Insurance organisation (JMBIM)

web1280Vid1-JMBa

Malaysia JMB Insurance Organization (JMBIM)

Your Trusted Malaysia Strata Insurance and JMB Insurance Risk Management Advisory Organization

Head Office

158-3-7, Blok 158, Kompleks Maluri,

Jalan Jejaka, Taman Maluri, Cheras,

55100 Kuala Lumour, Malaysia.

(O) +603-9286 3323

(F) +603-9282 3232

(E) jmbimcare@jmbinsurance.com.my

(W) www.jmbinsurance.com.my

(FB) www.facebook.com/jmbinsurance

Exclusively Designed for JMB’s or MC only

(Joint Management Body or Management Corporation),

Strata Title Property Insurance and Property Management Liability Insurance

Arranged by

Malaysia JMB Insurance Organization (JMBIM)

Your Trusted Malaysia Strata Insurance and JMB Liability Insurance Risk Management Advisory Organization

Strata Title Property Insurance and Property Management Liability Insurance

The Building and Common Property (Maintenance and Management) Act 2007(” The Act”) coming into force on 12 April 2007 in the Peninsular Malaysia.

The powers and duties of the JMB are enumerated by Section 8 of the Act which stated

8. (1)(c) to insure and keep insured the building to the replacement value of the building against fire and such other risks as may be determined by the Body;

8. (1)(d) to apply insurance moneys received by the Body in respect of damage to the building for the rebuilding and reinstatement of that building;

8. (3) The Body shall be deemed—

(a) for the purposes of effecting any insurance under paragraph (1)(c), to have an insurable interest in the building equal to its replacement value or any value as determined by the Body; and

(b) for the purposes of effecting any insurance under paragraph (1)(d), to have an insurable interest in the subject matter of the insurance.

Interpretation:

 

JMB Insurance FB Wall Post 03

The Joint Management Body must insured the following insurance:

1. Fire & All perils Insurance (Min perils Subsidence & Landslip, RSMD & BOW)

Building – For all the units that is individually own including all the common property.

In this case when the purchaser have a Loan with the Bank, the purchaser need not buy an additional insurance and can use the individual “Certificate of Insurance” issued from the Master policy.

It should include the following clauses:-

Reinstatement Value (valuation report by an accredited quantity surveyor at least once in 5 years)

Removal of Debris

Architect & surveyor Fee

Rent Clause

2. Public Liability Insurance

Legal liability to pay compensation for accidental bodily injury or accidental damage to the property to the Visitors for using the common property of the Building.

Under Section 4 Establishment of a Joint Management Body

(2) The Body established by subsection (1) shall be a body corporate having perpetual succession and a common seal.

(3) The Body may sue and be sued in its name.

(4) The Body shall comprise the developer and the purchasers.

Interpretation:

As the JMB is a body corporate the volunteered committee members can now be sued by the purchasers for Breach of Duty. An E&O or a PL policy to protected the personal liability of the individual committee.

3. Error & Ommission or Professional Liability Insurance

The Insurer will pay on behalf of any Insured all Damages resulting from any Claim for any Breach of Duty of the Insured.

N/B The policy should be placed immediately after the formation of the JMB.

Strata Title Risks Solution:

Products Offered:

Fire Insurance

Fire Consequential Loss Insurance

All Risk Insurance

Crime Insurance ( Burglary & Money Insurance)

Plate Glass Insurance

Machinery Breakdown Insurance

Public Liability Insurance

Property Terrorism

Error & Omission or Professional Indemnity for Joint Management Body (JMB) or Management Corporation (MC).

Malaysia Insurers have offer Strata Insurance, please refer as below listings

AIA Malaysia Strata Insurance

Underwritten By

AIA Bhd

AIG Malaysia Strata Insurance

Underwritten By

AIG Malaysia Insurance Berhad

AXA Malaysia Strata Insurance

Underwritten By

AXA Affin General Insurance Berhad

Allianz Malaysia Strata Insurance

Underwritten By

Allianz General Insurance Company (Malaysia) Berhad

AmGeneral Malaysia Strata Insurance

Underwritten By

AmGeneral Insurance Berhad

Berjaya Sompo Strata Insurance

Underwritten By

Berjaya Sompo Insurance Berhad

Etiqa Strata Insurance

Underwritten By

Etiqa Insurance Berhad

Chubb Malaysia Strata Insurance

Underwritten By

Chubb Insurance Malaysia Berhad

Liberty Malaysia Strata Insurance

Underwritten By

Liberty Insurance Berhad

Lonpac Strata Insurance

Underwritten By

Lonpac Insurance Berhad

MPI General Strata Insurance

Underwritten By

MPI General Insurans Berhad

MSIG Malaysia Strata Insurance

Underwritten By

MSIG Insurance (Malaysia) Bhd

The Pacific Strata Insurance

Underwritten By

The Pacific Insurance Berhad

QBE Strata Insurance

Underwritten By

QBE Insurance (Malaysia) Berhad

RHB Strata Insurance

Underwritten By

RHB Insurance Berhad

Tokio Marine Malaysia Strata Insurance

Underwritten By

Tokio Marine Insurans (Malaysia) Berhad

Zurich Malaysia Strata Insurance

Underwritten By

Zurich Insurance Malaysia Berhad

JMB Insurance FB Wall Post 02

Malaysia JMB Insurance Organization (JMBIM)

Your Trusted Malaysia Strata Insurance and JMB Insurance Risk Management Advisory Organization

Head Office

158-3-7, Blok 158, Kompleks Maluri,

Jalan Jejaka, Taman Maluri, Cheras,

55100 Kuala Lumour, Malaysia.

(O) +603-9286 3323

(F) +603-9282 3232

(E) jmbimcare@jmbinsurance.com.my

(W) www.jmbinsurance.com.my

(FB) www.facebook.com/jmbinsurance