Public Liability Insurance Arranged by ACPG Management Sdn Bhd

acpg100Fb_m-public-liabilityLegal Liability Insurance Malaysia (Hotline +603-92863323)

Public Liability Insurance, Personal Liability Insurance,

Business Liability Insurance, Third Party Liability Insurance,

Product Liability Insurance, Professional Indemnity Insurance,

Building Management Liability Insurance, Liability Insurance,

Employer’s Liability Insurance, Errors & Omission Insurance,

Renovation Liability Insurance, Contractor Liability Insurance, Installation Liability Insurance, Signboard Liability Insurance, Roadside Banner Liability Insurance, Event Liability Insurance, Exhibition Liability Insurance, Concert Liability Insurance, Retail Premises Liability Insurance, Restaurant Premises Liability Insurance, Food Poisoning Liability Insurance

Arranged By

ACPG Management Sdn Bhd

www.acpgconsultant.com

+603-92863323, +6011-12239838

LIABILITY COVERAGE

Liability insurance coverage protects you, your business and your employees from claims involving bodily injury or property damage, up to the limits of your policy. This policy also indemnifies you against the expense of out-of-court settlements, litigation and judgments awarded by courts.

 

ACPG BZP28

PUBLIC LIABILITY INSURANCE POLICY

This policy indemnifies you against your legal liability to third parties in connection with your business, such as bodily injury and property damage to third parties property.

Public Liability Insurance Introduction

This insurance covers the legal liability of the Insured against bodily injury to third parties and loss of or damage to third parties property caused by the Insured’s negligence in connection with the business specified in the policy.

The coverage includes expenses of litigation recoverable by claimant against the Insured or incurred with the consent of the Company.

What are the Public Liability Insurance Policy covers/benefits provided?

This policy covers your legal liability to pay compensation in respect of:-

a) bodily injury to third parties

b) damage to property not belonging to or in the custody of the Insured

as a result of accident and happening in connection with your business.

In addition, this policy also cover litigation costs and expenses incurred with the written consent of the

Company.

 

ACPG BZP25

EMPLOYER’S LIABILITY INSURANCE POLICY

This insurance indemnifies you against legal liability at law to pay compensation and claimant’s costs and expenses in respect of harm sustained by your employees in the course of employment.

Employer’s Liability Insurance Introduction

Employers may purchase this insurance which indemnifies them against their legal liability at law to pay compensation and claimant’s costs and expenses in respect of bodily injury by accident or disease sustained by the insured employees in the course of employment with them.

The coverage also includes all costs and expenses incurred with the consent of the Company.

Employees to be covered include local employees who are not eligible for contribution to the SOCSO scheme.

1. What is Employer’s Liability Insurance Policy about?

This policy covers your legal liabilities to compensate your employees for injuries by accident or disease arising out of and in the course of employment.

2. What are the Employer’s Liability Insurance Policy covers/benefits provided?

a) This policy covers your liabilities under common law for injuries to your workmen by accident or disease arising out of and in the course of employment.

b) Claimant’s costs and expenses.

 

ACPG BZP30

PRODUCT LIABILITY INSURANCE POLICY

The policy indemnifies you against all sums which you are legally liable to pay as damages or compensation in respect of bodily injury and property damage arising out of claims made against you during the period of insurance as a result of an accident caused by anything harmful or defective in your product sold or supplied by you during the period of insurance.

Product Liability Insurance Introduction

This insurance is designed to cover the legal liability of the Insured against bodily injury and property damage to users of the insured products arising out of anything harmful or defective in the insured products (or the container thereof) which are sold or supplied by the Insured.

The coverage includes expenses of litigation recoverable by claimant against the Insured or incurred with the consent of the Company.

1. What is Product Liability Insurance Policy about?

The policy indemnifies you against all sums which you are legally liable to pay as damages or compensation in respect of bodily injury and property damage arising out of claims first made in writing against you during the period of insurance as a result of an accident caused by anything harmful or defective in your product sold or supplied by you during the period of insurance.

2. What are the Product Liability Insurance Policy covers/benefits provided?

We will pay all sums which you become legally liable to pay as damages or compensation in respect of:

(a) bodily injury;

(b) property damage

as a result of a claim first made in writing against you during the period of insurance within the Territorial Limits as a result of an occurrence in connection with your products specified in the policy schedule and we will pay all costs and expenses of litigation recovered by any claimant against you and/or incurred

with the written consent of the Insurer, subject to the Limit of Indemnity as specified in the policy schedule.

 

ACPG BZP31

PROFESSIONAL INDEMNITY INSURANCE POLICY

This insurance provides indemnity to professionals (e.g. engineers, lawyers, surveyors, etc.) for any claim made against them for breach of professional duty.

Professional Indemnity Insurance Introduction

This insurance provides indemnity to professionals (e.g. engineers, lawyers, surveyors, etc.) for any claim made against them for breach of professional duty arising from any act, error or omission committed in their conduct of their professional services.

1. What is Professional Indemnity Insurance policy about?

Professionals who provide professional services owe a duty of care to their clients / third parties and

must exercise due care and skill. If their clients suffer financial losses after relying on their professional

advice, clients have the right to sue for the loss.

This policy indemnifies you against the breach of professional duty, by reason of any negligent act, error

or omission performed by you in the conduct of your profession.

2. What are the Professional Indemnity Insurance policy covers/benefits provided?

This policy covers:-

a) Compensation / claims made against you

b) Costs and expenses incurred

up to the Limit of Indemnity specified in the policy schedule.

 

ACPG Management Sdn Bhd

Head Office

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

Jalan Jejaka, Taman Maluri, Cheras,

55100 Kuala Lumpur, Malaysia.

http://www.acpgconsultant.com

enquiry@acpgconsultant.com

+603-92863323, +6011-12239838

 

ACPG BZP28A

ACPG BZP29.jpg

ACPG BZP27.jpg

ACPG BZP24

ACPG BZP23.jpg

ACPG BZP26

驾车人士必备的紧急通讯录! 马来西亚保险公司 + 高速公路的联系号码!

11138523_897510296979548_1132563850030421061_n

驾车人士必备的紧急通讯录!
马来西亚保险公司 + 高速公路的联系号码!
Malaysia Highway Information Listing and Malaysia Motor Insurance Emergency Assistance Contact Information.

“无论你是否有驾车,请把这篇文章分享出去。

让更多的人都知道雪隆一代的大道联系号码。

是否曾经想过,如果在回乡的路上或上班的时候,我的车子在路中央停着不会动了,而有没有熟悉的车厂可以联系,是否应该联系我们的大道公司呢?对了,就是这样,我们应该联系他们….

如您在这些大道上发生任何的事情,可第一时间联系他们。赶快查看和分享吧!

且慢!你有他们的联络号码吗?根据马来西亚的调查,高达85%的大道使用者都不知道每一条大道的联系电话号码。

为了自己以后的方便,今天是不是应该来阅读或者记下你们常用的大道联系号码呢?
(SHARE在自己的FACEBOOK Profile,如有需要就可以立刻看到咯)

Malaysia Highway Information Listing
马来西亚高速公路的联系号码

Ampang Kuala Lumpur Elevated Highway (Prolitas AKLEH)
Tel: 03-4252 3122 (Hotline)

Besraya – Operator of Besraya Highway from Istana Interchange to UPM Interchange
Tel: 03-8941 8288, 1-800-88-0999 (Besline)

Damansara- Shah Alam Elevated Expressway (DASH)
Tel: 03-7847 6264
Highway Tel: 03-4032 1233

East Coast Expressway ECE, Kuala Lumpur – Karak Highway, Kuantan, Pahang
Tel: 03 6120 3322, Fax: 03-6120 3222

East Klang Valley Expressway (EKVE)
Tel: 1300-88-3563

Gerbang Perdana
Tel: 03-7957 8322, Fax: 03-7957 9855

Grand Saga – Concession Company for Cheras-Kajang Highway
Tel: 03-9080 4988, 03-9075 0505 (Saga Ronda)

Guthrie Corridor Expressway – GCE
Tel: 1300-88-0035 (Hotline)

KESAS – Konsortium Expressway Shah Alam Selangor – Lebuhraya Shah Alam LSA
Tel: 03 5633 7188 (Hotline)

KL-Putrajaya Highway – Maju Expressway MEX

Tel: 03-8315 9111 (Highway Emergency)

Kinrara-Damansara Expressway (Kidex Skyway)
Tel: 03-6257 0812

LATAR – KL-Kuala Selangor Expressway
Tel: 03-6145 1515

LEKAS – Lebuhraya Kajang Seremban
Tel: 1800-88-8021 (Infoline), 03-8723 8021

LITRAK – Lingkaran Trans Kota Sdn.Bhd – Operator of Lebuhraya Damansara Puchong LDP
Tel: 03-7494 7333. (Helpline)

Metramac – (Ex-)Operator of Jalan Pahang, Jalan Cheras toll roads. Cheras East-West Link
Tel: 03-4256 3800

NKVE – New Klang Valley Expressway
Tel: 1800-880-000 (Plusline)

NPE – New Pantai Highway
Tel: 1300-88-1010 (NPE Infoline)

Penang Bridge Sdn Bhd PBSB
Tel: 04-398 7419

North South Highway Project -NKVE
Tel: 03-7801 6666, Fax: 03-7801 6600,1800-88-000 (PlusLine)
Tel: 07-278 2000, 07-278 8000 (Hotline)

SILK – Sistem Lingkaran-Lebuhraya Kajang Sdn Bhd
Tel: 1800-88-1997, 03-8921 0000

SKVE – South Klang Valley Expressway</strong>
Tel: 1300-88-0026 (Careline), 03-7960 7010

Stormwater Management Road Tunnel – SMART
Tel: 1300-88-7188 (Hotline), 03-9284 6924

SPRINT Lebuhraya – Sistem Penyuraian Trafik KL Barat Sdn Bhd
Tel: 03-7960 1050, 1800-6868 (Hotline)

Senai Desaru Expressway (SDE)
Tel: 07-8612 2222

Seremban-Port Dickson Highway (SPDH)
Tel: 03-7801 6666, 03-7666 4666

SUKE (Sungai Besi-Ulu Kelang Elevated Expressway)
Tel:03-4270 1540

West Coast Expressway (WCE)
Tel: 03 5131 6993

 

Car Insurance FB Wall Post

Malaysia Motor Insurance Company Emergency Assistance Contact Information
马来西亚汽车保险公司的联系号码

ACE Jerneh Motor Insurance
Emergency Hotline: 1300-88-0128

AIA Private Car Insurance
Emergency Hotline: 1300-22-1188

AIG Comprehensive Motor Insurance
Emergency Hotline: 1800-88-1033

AXA Affin Comprehensive Motor Insurance / SmartDrive
Emergency Hotline: 03-2170-8282

Allianz Comprehensive Motor Insurance
Emergency Hotline: 1800-88-6278

AmGeneral Private Motor Insurance
Emergency Hotline: 1300-88-2647

Berjaya Sompo Private Motor Insurance
Emergency Hotline: 1300-22-1188

CIMB Motor Insurance
Emergency Hotline: 1300-88-0900

Easy by RHB Easy-Insurans Kasih Motor
Emergency Hotline: 1300-22-0007

Etiqa Comprehensive Private Car Takaful Insurance
Emergency Hotline: 1800-88-6491

HSBC Comprehensive Car Insurance
Emergency Hotline: 1300-88-0980

Kurnia Comprehensive Motor Insurance
Emergency Hotline: 1800-88-3833

Liberty Comprehensive Auto Star
Emergency Hotline: 1800-88-5005

Lonpac Comprehensive Private Vehicle Insurance
Emergency Hotline: 03-7628-3833

MAA Takaful Comprehensive Motor Insurance Coverage
Emergency Hotline: 1300-22-1188 / 03-7628-3773

Maybank Comprehensive Motor Takaful Insurance
Emergency Hotline: 1800-80-6491

Pacific Insurance
Emergency Hotline: 1800-88-1629 / 03-2176-1188

P&O Motor Insurance
Emergency Hotline: 1800-88-2121

Tokio Marine Comprehensive Motor Insurance
Emergency Hotline: 1800-88-1301

Zurich Motor Insurance
Emergency Hotline: 1300-88-6222

Malaysia Insurance Directory

Public Liability Insurance
Third Party Liability Insurance
Billboard Public Liability Insurance
Banting Public Liability Insurance
Signboard Public Liabiity Insurance
Highway Billboard Public Liability Insurance
Installation Work Public Liability Insurance
Contractor Work Public Liability Insurance
Contractor All Risk Insurance

Arranged by
ACPG Manaagement Sdn Bhd
Malaysia General Insurance Risk Management Solution Provider since year 1989.
ACPG Careline +603-92863323, +6011-12239838
enquiry@acpgconsultant.com
http://www.acpgconsultant.com
http://www.facebook.com/acpg.management

ACPG Manaagement Sdn Bhd
Head Office Located
158-3-7, Kompleks Maluri,
Jalan Jejaka, Taman Maluri,
55100 Kuala Lumpur, Malaysia.
+603-92863323, +6011-12239838.

Malaysia Motor Insurance Directory

Private Use Motor Insurance Malaysia
Private Use Car Insurance Malaysia

Commercial Motor Insurance Kuala Lumpur Malaysia.
A Permit Commercial Van Motor Insurance
C Permit Commercial Van Motor Insurance
A Permit Commercial Lorry Motor Insurance
C Permit Commercial Lorry Motor Insurance

Commercial Car Insurance Kuala Lumpur Malaysia.
A Permit Commercial Van Car Insurance
C Permit Commercial Van Car Insurance
A Permit Commercial Lorry Car Insurance
C Permit Commercial Lorry Car Insurance

Malaysia Motor Insurance Kuala Lumpur
Services Provided By
ACPG Management Sd Bhd
+603-92863323, +6011-12239838.
enquiry@acpgconsultant.com
http://www.acpgconsultant.com
https://www.facebook.com/acpg.management/

ACPG Manaagement Sdn Bhd
Head Office Located
158-3-7, Kompleks Maluri,
Jalan Jejaka, Taman Maluri,
55100 Kuala Lumpur, Malaysia.
+603-92863323, +6011-12239838.

ACPG Motor Insurance Claim 01

Billboard Public Liability Insurance and Workmen Compensation Insurance Kuala Lumpur Directory

Billboard Public Liability Insurance and Workmen Compensation Insurance Kuala Lumpur Directory

acpg100fb_public-liability

Malaysia Public Liability insurance

Malaysia Public Liability insurance protects your business against the cost of settling or defending a claim for bodily injury or property damage from a client or member of the public. It’s designed to cover you for all the slips, trips and falls that sometimes simply can’t be avoided in the workplace or in a professional capacity.

What many people don’t realise is that, as a business owner they can be liable for all sorts of accidents both on their business premises and away from them. For example, if you were to damage a client’s property in their office a claim could be brought against you.

Likewise, if a member of the public or a client slipped on a wet floor at your business premises and injured themself, you could be held responsible.

Public liability insurance explained

Public liability insurance is designed to protect you against claims made by the public that they have suffered an injury or loss as a result of your business.

Even if you don’t have visitors to your office or home, you could still suffer a public liability claim, for example if you accidentally damage a client’s property in their office. In this scenario, public liability insurance would pay out the cost of compensation to be paid to the individual, as well as the legal fees and expenses involved.

Anyone working for you could also trigger a public liability claim against your business if their actions at work injure a client or member of the public.

Do I need any other kinds of business insurance?

To help protect your business, ACPG can provide small businesses with public liability insurance as a standalone policy or it can be purchased together with our range of business insurance products including ACPG Employers’ Liability Insurance.

How much does ACPG public liability insurance cover me for?

How much you’re covered for in terms of compensation pay-out will depend on the level of cover you choose, and you’ll be covered for up to RM100,000 for any legal feels spent in defending a claim.

If you have employees, employers’ liability insurance is a legal requirement and can be bought as a package with our public liability insurance.

Do I need public liability insurance?

If your business premises are visited by clients, or if your employees regularly work off-site, it may be worth considering public liability cover.

If you work from home, you may assume you don’t need a policy, but this isn’t necessarily the case.

Say, for example, you decide to take a marketing stand at your industry’s big trade show to get some publicity for your firm.

But during the show a bit falls off and injures a passer-by; an embarrassing episode could turn into a costly one if that person decides to sue.

Also, if you visit clients’ premises or have access to their equipment, then it’s worth considering buying public liability cover, because if you inadvertently damage their property you may have to pay the cost of repairing or replacing it.

It could be something as simple as knocking your cappuccino over your client’s new MacBook or one of your employees tripping over in a client’s server room. He brings a stack of expensive computer equipment down as he falls, which might seem like a classic ‘You’ve Been Framed’ moment at the time, but the RM1250 you’d earn from the trip (pardon the pun) wouldn’t begin to cover the cost of a new server, when your client sends you the bill.

What does public liability insurance cover?

A public liability policy covers you and your employees against property damage when working in a client’s home, office or business property.

Under the Injury Cost Recovery Scheme, the NHS is now allowed to reclaim the cost of transporting and treating a patient, in cases where personal injury compensation is paid out. So if your business activities injure a third party, public liability insurance will protect you from the cost of a possible NHS claim.

How much does public liability insurance cost?

How much you pay for cover depends on the size and type of your business, and the level of risk it undertakes. Discuss this with your insurer before you buy your policy in order to assess what level of cover provided is right for your business .

You may find clients expect you to have a minimum level of cover, according to your area or industry. This is often the case for businesses working with the public sector where the minimum requirement is usually between RM 5-10 million.

Is public liability insurance a legal requirement?

Choosing not to purchase public liability insurance will not land you with a jail sentence or a hefty fine.

But having the right insurance can make your business look more professional and offer you peace of mind.

You don’t want to get into a spat with one of your best clients over the consequences of an accident or damage to one of their properties.

Getting a public liability policy means you can let your insurer deal with any problems, while you get on with running your business.

For More Details Public Liability insurance,

Please call +603-92863323 or enquiry@acpgconsultant.com

Click Here For Insurance Quote Enquiry Form Submission

http://acpgconsultant.com/main/3143/index.asp…

Public Liability Insurance Kuala Lumpur Malaysia

Arranged by

ACPG Management Sdn Bhd

Malaysia General Insurance Risk Management Solution Provider since year 1989.

ACPG Careline +603-92863323

enquiry@acpgconsultant.com

www.acpgconsultant.com

www.facebook.com/acpg.management

acpg100fb_installation

Billboard Public Liability Insurance and Workmen Compensation Insurance Kuala Lumpur Directory

AEON Mahkota Cheras Shopping Mall Public Liability Insurance

AEON Alpha Angle Shopping Mall Public Liability Insurance

AEON Maluri Shopping Mall Public Liability Insurance

Alamanda Putrajaya Shopping Mall Public Liability Insurance

Amcorp Mall Shopping Mall Public Liability Insurance

Ampang Park Shopping Mall Public Liability Insurance

Ampang Plaza Shopping Mall Public Liability Insurance

Ampang Point Shopping Mall Public Liability Insurance

Atria Shopping Mall Public Liability Insurance

Avenue-K Shopping Mall Public Liability Insurance

Bangsar Village Shopping Mall Public Liability Insurance

Bangsar Shopping Mall Public Liability Insurance

Bangsar South Shopping Mall Public Liability Insurance

Bangsar Trade Centre Shopping Mall Public Liability Insurance

Berjaya Times Square Shopping Mall Public Liability Insurance

Bukit Raja Shopping Mall Public Liability Insurance

Brem Mall Shopping Mall Public Liability Insurance

Campbell Complex Shopping Mall Public Liability Insurance

Capsquare Shopping Mall Public Liability Insurance

Carrefour Kepong Shopping Mall Public Liability Insurance

Carrefour Jalan Peel Shopping Mall Public Liability Insurance

Carrefour Wangsa Maju Shopping Mall Public Liability Insurance

Cheras Leisure Mall Shopping Mall Public Liability Insurance

Da Men USJ Shopping Mall Public Liability Insurance

Digital Mall Shopping Mall Public Liability Insurance

Empire City Shopping Mall Public Liability Insurance

Endah Parade Shopping Mall Public Liability Insurance

Equine park Shopping Mall Public Liability Insurance

EVOLVE Concept Mall Shopping Mall Public Liability Insurance

Fahrenheitt 88 Shopping Mall Public Liability Insurance

Four Seasons Place Kuala Lumpur Shopping Mall Public Liability Insurance

Goldcourse Shopping Mall Public Liability Insurance

Great Eastern Mall Shopping Mall Public Liability Insurance

Hartamas Shopping Mall Public Liability Insurance

Idaman Plaza Shopping Mall Public Liability Insurance

Ikano Power Centre (IPC) Shopping Mall Public Liability Insurance

IKEA Shopping Mall Public Liability Insurance

INTERMARK Retail Podium Shopping Mall Public Liability Insurance

IOI City Mall Putrajaya Shopping Mall Public Liability Insurance

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Jaya One Shopping Mall Public Liability Insurance

Jaya 33 Shopping Mall Public Liability Insurance

Klang City Square Shopping Mall Public Liability Insurance

Klang Parade Shopping Mall Public Liability Insurance

Klang Utama Shopping Mall Public Liability Insurance

Komplek Muhibah Seksyen 24 Shopping Mall Public Liability Insurance

Kompleks Elektronik ACE Shopping Mall Public Liability Insurance

Kompleks Galaxy Ampang Shopping Mall Public Liability Insurance

Kompleks Kota Kajang Shopping Mall Public Liability Insurance

Kompleks Mutiara Shopping Mall Public Liability Insurance

Kompleks Centre Point Shopping Mall Public Liability Insurance

Kompleks Showplex Mont Kiara Shopping Mall Public Liability Insurance

Kompleks Sungai Buloh Shopping Mall Public Liability Insurance

Kota Raya Shopping Mall Public Liability Insurance

Low Yat Plaza Shopping Mall Public Liability Insurance

Lot 10 Shopping Mall Public Liability Insurance

Maju Junction Shopping Mall Public Liability Insurance

Metro Prima Shopping Mall Public Liability Insurance

Metro Point Kajang Shopping Mall Public Liability Insurance

Midvalley Mega Mall Shopping Mall Public Liability Insurance

One Utama Shopping Mall Public Liability Insurance

Pavillion Kuala Lumpur Shopping Mall Public Liability Insurance

Pear Point Shopping Mall Public Liability Insurance

Pertama Complex Shopping Mall Public Liability Insurance

Pingat Bazaar Shopping Mall Public Liability Insurance

Plaza City One Shopping Mall Public Liability Insurance

Plaza Metro Kajang Shopping Mall Public Liability Insurance

Plaza Shah Alam Shopping Mall Public Liability Insurance

Publika Shopping Mall Public Liability Insurance

Puchong Tesco Shopping Mall Public Liability Insurance

Pudu Plaza Shopping Mall Public Liability Insurance

Roppongi Cyberjaya Shopping Mall Public Liability Insurance

SACC Mall Shopping Mall Public Liability Insurance

Selayang Star City Shopping Mall Public Liability Insurance

Setia City Mall Shopping Mall Public Liability Insurance

Shaw Parade Shopping Mall Public Liability Insurance

SOGO Shopping Mall Public Liability Insurance

South City Plaza Shopping Mall Public Liability Insurance

Star Avenue Lifestyle Mall Shopping Mall Public Liability Insurance

Star Hill Gallery Shopping Mall Public Liability Insurance

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Suria KLCC Shopping Mall Public Liability Insurance

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The Curve Shopping Mall Public Liability Insurance

The Gardens Mall Shopping Mall Public Liability Insurance

The Mall Shopping Mall Public Liability Insurance

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installation-liability-insurance-fb-a4

Shopping Mall Public Liability Insurance Kuala Lumpur Malaysia Directory

acpg100Fb_m-public-liability.jpg

Shopping Mall Public Liability Insurance Kuala Lumpur Malaysia

Public Liability Insurance

Arranged By

ACPG Management Sdn Bhd

Head Office

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

Jalan Jejaka, Taman Maluri, Cheras,

55100 Kuala Lumpur, Malaysia.

http://www.acpgconsultant.com

+603-92863323

 

Shopping Mall installation liability insurance FB Wall Post

Public Liability insurance is considered essential in businesses which involve regular interactions between the members of the public and the company such as retail businesses, restaurants, clinics, contractors, renovators, installers  and many more.

The Public Liability insurance covers your legal liability to a third (3rd) party as a result of an accident happening in connection with your business operations.

 

The insurance indemnifies you against all sums which you become legally liable for damages and claimant’s costs and expenses in respect of:

Bodily injuries including illnesses to any person.

Losses or damages to property.

Legal expenses incurred in your legal proceeding defence.

 

Public Liability insurance protects our policyholders against legal liabilities arising in connection with their business operations.

 

Coverage may include products, completed operations, premises and operations, personal injury and contractual liability.

These are some of the types of coverage requested:

Premises and operations coverage for bodily injury or property damage incurred on their premises and/or as a result of their business operations

 

Product liability coverage for bodily injury or property damage incurred through the use of the product manufactured, distributed or sold

 

Completed operations coverage for bodily injury or property damage incurred because of a defect in a completed project.

 

Public Liability Insurance for

Construction Contractors and Sub Contractors.

Renovation Contractors and Sub Contractors.

Installation Contractors and Sub Contractors.

Signboard Owner, Contractors and Sub Contractors.

Manufacturing and Factory Owners

Office Owners and Tenants

Shop, Retail Outlets Owners and Tenants.

Shopping Mall Owners, Tenants and JMB, MC, PMC, property management company and management office.

 

acpg100Fb_installation

Shopping Mall Public Liability Insurance Listing

AEON Mahkota Cheras Shopping Mall Public Liability Insurance

AEON Alpha Angle Shopping Mall Public Liability Insurance

AEON Maluri Shopping Mall Public Liability Insurance

Alamanda Putrajaya Shopping Mall Public Liability Insurance

Amcorp Mall Shopping Mall Public Liability Insurance

Ampang Park Shopping Mall Public Liability Insurance

Ampang Plaza Shopping Mall Public Liability Insurance

Ampang Point Shopping Mall Public Liability Insurance

Atria Shopping Mall Public Liability Insurance

Avenue-K Shopping Mall Public Liability Insurance

Bangsar Village Shopping Mall Public Liability Insurance

Bangsar Shopping Mall Public Liability Insurance

Bangsar South Shopping Mall Public Liability Insurance

Bangsar Trade Centre Shopping Mall Public Liability Insurance

Berjaya Times Square Shopping Mall Public Liability Insurance

Bukit Raja Shopping Mall Public Liability Insurance

Brem Mall Shopping Mall Public Liability Insurance

Campbell Complex Shopping Mall Public Liability Insurance

Capsquare Shopping Mall Public Liability Insurance

Carrefour Kepong Shopping Mall Public Liability Insurance

Carrefour Jalan Peel Shopping Mall Public Liability Insurance

Carrefour Wangsa Maju Shopping Mall Public Liability Insurance

Cheras Leisure Mall Shopping Mall Public Liability Insurance

Da Men USJ Shopping Mall Public Liability Insurance

Digital Mall Shopping Mall Public Liability Insurance

Empire City Shopping Mall Public Liability Insurance

Endah Parade Shopping Mall Public Liability Insurance

Equine park Shopping Mall Public Liability Insurance

EVOLVE Concept Mall Shopping Mall Public Liability Insurance

Fahrenheitt 88 Shopping Mall Public Liability Insurance

Four Seasons Place Kuala Lumpur Shopping Mall Public Liability Insurance

Goldcourse Shopping Mall Public Liability Insurance

Great Eastern Mall Shopping Mall Public Liability Insurance

Hartamas Shopping Mall Public Liability Insurance

Idaman Plaza Shopping Mall Public Liability Insurance

Ikano Power Centre (IPC) Shopping Mall Public Liability Insurance

IKEA Shopping Mall Public Liability Insurance

INTERMARK Retail Podium Shopping Mall Public Liability Insurance

IOI City Mall Putrajaya Shopping Mall Public Liability Insurance

IOI Mall Shopping Mall Public Liability Insurance

Jaya One Shopping Mall Public Liability Insurance

Jaya 33 Shopping Mall Public Liability Insurance

Klang City Square Shopping Mall Public Liability Insurance

Klang Parade Shopping Mall Public Liability Insurance

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Komplek Muhibah Seksyen 24 Shopping Mall Public Liability Insurance

Kompleks Elektronik ACE Shopping Mall Public Liability Insurance

Kompleks Galaxy Ampang Shopping Mall Public Liability Insurance

Kompleks Kota Kajang Shopping Mall Public Liability Insurance

Kompleks Mutiara Shopping Mall Public Liability Insurance

Kompleks Centre Point Shopping Mall Public Liability Insurance

Kompleks Showplex Mont Kiara Shopping Mall Public Liability Insurance

Kompleks Sungai Buloh Shopping Mall Public Liability Insurance

Kota Raya Shopping Mall Public Liability Insurance

Low Yat Plaza Shopping Mall Public Liability Insurance

Lot 10 Shopping Mall Public Liability Insurance

Maju Junction Shopping Mall Public Liability Insurance

Metro Prima Shopping Mall Public Liability Insurance

Metro Point Kajang Shopping Mall Public Liability Insurance

Midvalley Mega Mall Shopping Mall Public Liability Insurance

One Utama Shopping Mall Public Liability Insurance

Pavillion Kuala Lumpur Shopping Mall Public Liability Insurance

Pear Point Shopping Mall Public Liability Insurance

Pertama Complex Shopping Mall Public Liability Insurance

Pingat Bazaar Shopping Mall Public Liability Insurance

Plaza City One Shopping Mall Public Liability Insurance

Plaza Metro Kajang Shopping Mall Public Liability Insurance

Plaza Shah Alam Shopping Mall Public Liability Insurance

Publika Shopping Mall Public Liability Insurance

Puchong Tesco Shopping Mall Public Liability Insurance

Pudu Plaza Shopping Mall Public Liability Insurance

Roppongi Cyberjaya Shopping Mall Public Liability Insurance

SACC Mall Shopping Mall Public Liability Insurance

Selayang Star City Shopping Mall Public Liability Insurance

Setia City Mall Shopping Mall Public Liability Insurance

Shaw Parade Shopping Mall Public Liability Insurance

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South City Plaza Shopping Mall Public Liability Insurance

Star Avenue Lifestyle Mall Shopping Mall Public Liability Insurance

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THE 19 USJ City Mall Shopping Mall Public Liability Insurance

Vivahome Shopping Mall Public Liability Insurance

Wangsa Walk Mall Shopping Mall Public Liability Insurance

Contractor Liability Insurance FB A4

Construction Insurance Kuala Lumpur Malaysia

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Construction Insurances Explained

– Contractors’ All Risks Insurance

Contractors’ All Risks Insurance

There are several terms used in the insurance world that mean different things to different people and one of these is Contractors’ all risks (CAR) insurance. The term is sometimes used to refer to both the material damage and liability covers required by a Contractor. Most insurance practitioners would regard CAR as referring only to the material damage cover on the contract works unless the real intention was obvious from the rest of the text. Anyone using the term, whether verbally or in writing, should make their intention clear, so as to avoid any ambiguity in interpretation.

CAR covers what is stated within the actual insurance policy for which the premium is paid. The Employer has the opportunity to specify his requirements as to what is to be included within the CAR within the contract if the Contractor is responsible for the provision of such insurance alternatively the Employer specifies the cover within the policy he takes out where the Contractor is not obligated to provide insurance under the Contract.

A CAR policy provides insurance coverage when the Works being constructed, as defined in the Contract, are damaged by an insured peril and require replacing and/or repairing. It is normal for the Contract to stipulate who will provide this cover. If it were the Contractor then it would be normal for them to take out a specific policy to cover the project or alternatively if available to them add it to a policy covering all their contracts up to a specific limit. In the event the responsibility should fall upon the Employer then cover would normally be under a policy arranged specifically for that project.

When arranging the CAR coverage for a project it is essential that care be taken in identifying the correct Contract Value, Construction Period, Defects Liability Period and Description of the Works. The policy will normally cover any physical loss or damage unless the cause is specifically excluded, thus the term ‘All-Risks’ whilst commonly used, is to some extent, misleading. Nevertheless the cover is very wide and embraces protection against fire, aircraft, explosion, earthquake, riot, malicious damage, storm, flood, burst pipes, impact and other accidental damage. However, CAR policies can be issued covering loss or damage by particular and specified perils, e.g. fire, flood, storm. In both cases the policy should generally be extended to provide protection in respect of damage by terrorists where such is commercially available.

In addition material damage to the Works or the machinery being erected CAR generally includes coverage for third-party liability for bodily injury and property damage to the surrounding properties. The policy can in some circumstances be extended to include consequential losses or losses due to delay in start-up following loss or damage under material damage section. This cover is also called advanced loss of profit.

Either way it is imperative that the parties fully understand what exclusions apply or which perils are listed to ensure that the cover gives sufficient protection to the Employer and the Contractor. The Sum to be insured under CAR should be adequately calculated and must include at least the Contract Value, value of Contractors’ plant and machinery, value of Employers existing property, estimated cost of debris removal, value of all temporary facilities, tax and an allowance for inflation. In addition it is wise to make sure that on site as well as offsite storage facilities are included under the policy together with the value of any free issue materials where the Employer transfers the risk to the Contractor under the Contract.

The policy should always be in the joint names of the Employer and Contractor although the Contract may stipulate that the Bank or Financing institutions are also named in the policy, depending upon their specific requirements for providing project financing.

Joint names insurance is where two or more parties (for example the Employer and the Contractor) are jointly insured under a single policy. Each party has legal rights under the policy and can claim against the insurer, but the insurer has no right of subrogation against the other insured party.

It is important to remember that each party is bound by the normal rules, and to avoid any difficulties each should individually comply with the duties of disclosure and notification.

Having an interest noted on a policy is very different and is rarely an acceptable substitute for a joint names policy.

A third-party is not a party to the contract of insurance, and thus cannot claim against the insurer. Similarly, it does not prevent the insurer from exercising rights of subrogation against the third-party.

PAM, IEM, FIDIC and generally most standard forms of contract contain fairly detailed provisions for property and liability insurance. Generic amendments to these insurance provisions are not normally essential, however, discreet changes may be required depending on the nature of a specific project (for example, amending the definition of joint names insurance policy to include the project funders, or to reconcile the standard provisions with a project insurance policy taken out by the Employer).

All CAR policies will have an excess that will be deducted from any claim settlement. On occasions insurers will apply more than one excess under a policy for specific losses where a certain risk warrants such and additional excess being imposed.

In addition generally most policies include exclusions for which extensions of CAR coverage maybe granted or included within the CAR coverage of the CAR policy may be extended to cover such as:

(A)        professional fees;

(B)        automatic reinstatement of the policy limit following a loss;

(C)        debris removal;

(D)        free issue materials;

(E)        discovery of munitions of war;

(F)         inflation clause;

(G)        plans and documents;

(H)        others.

Individual insurance providers specialising in this class of insurance will also have their own list of extensions that they will negotiate with insurers. As an example you may refer to the example provided which is so provided as an example and these will vary depending upon the general insurance market at the time the CAR insurance is taken out by the insuring party.

In addition the parties need to consider if the CAR policy is to cover the respective party’s to the Contract for:

Additional cost of construction of un-built works in the event of

(A) Inflationary Costs

(B) Out of sequence working

(C) Defective design, materials and workmanship

(D) Extended defective condition exclusion

(E) Limited defective condition exclusion

(F) Design improvement exclusion

It is understood that various legal challenges are currently on-going as to the validity of these clauses and therefore whilst the description of coverage above may not reflect the current or future legal interpretation. As with all contractual documentation it is recommended that all parties seek professional advice in respect of these risks.

It should be noted here that if the Contractor arranges CAR cover it may restrict or even remove the ability of the Employer to purchase any consequential loss coverage.

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Construction Insurances Explained

– Public Liability Insurance

Public Liability Insurance

Typical public liability insurance will provide indemnity in respect of liability at law for damages arising from accidental injury to third parties (not employees) or accidental damage to third-party property arising in connection with the project. It may also cover liability for damages arising out of any nuisance or trespass committed by the insured and any rights (such as a right of way) with which the insured may accidentally interfere in the course of the development. Other elements of cover normally provided include defence of claims costs, the use of plant on the site and legal defence costs in respect of prosecutions brought under the Health and Safety legislation.

Many insurance providers now exclude claims arising from sources they regard as particularly hazardous, such as terrorism, asbestos, gradual pollution, mould, e-commerce transactions and, potentially, financial loss where there has been no ‘injury or damage’ as defined in the policy. Insurers may restrict their liability for particular risks by imposing inner limits much smaller than the overall policy limit.

Public liability insurance coverage may be arranged on an annual basis with a specific limit being the maximum amount payable in the event of any one claim or series of claims arising from one occurrence. It is normal for this limit to apply in respect of any one claim but some limits do apply to all claims in the period of insurance. There may be a limit on any one claim and then a separate aggregate limit. Sometimes there are elements of cover that insurers may be particularly concerned about, e.g. sudden and accidental pollution may be subject to lower limits of liability and/or separate aggregates.

Whatever type is issued, it is the insured party or parties that decide on the level of cover to be purchased dependent upon the risk exposure arising from the work being undertaken. When deciding upon the limits to be purchased it is best not to rely on any figure requested within a contract document, as this is normally the minimum amount required. The policy will normally be subject to an excess that will be deducted from the total amount claimed and may apply only in respect of claims for property damage or in respect of all claims.

Every party on site with a potential liability to the public will require an insurance policy. Additional responsibilities for each party will also be set out in the contract. It is traditional and still common for the Contractor to arrange a cover on behalf of the Employer. However, it has to be asked if this is in the best interests of everyone, whether the Employer who may find he has only nominal cover or a claimant who may find they are passed from one insurer to another if there are different policies in different names. One option is to effect a project policy arranged by the Employer.

The parties protected by the policy will vary according to the Employer’s requirements and the nature of the contract forms being adopted. The indemnity can apply to the Employer only or together with the Contractor, his subcontractors and tradesmen. In addition there may be freeholders, superior landlords, financiers plus professional consultants and suppliers (on site exposures only) to be added to the list of insured. The policy should set out the names of all insured and specify in which policy covers they have an insurable interest.

Public liability insurance is not a cheap insurance and if one party does arrange cover in two or more names the cost of this and the potential savings to the other names should to be reflected in tender prices.

It is important for the Employer to decide responsibilities for placing public liability insurance before contracts are signed, rather than just follow the provisions of the basic contract conditions. Whoever is making the decision as to who must arrange the cover must consider all those who may need to be protected.

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Construction Insurances Explained

– Existing Building Insurance

Existing Building Insurance

Where an existing building is to be the subject of Contract Works care is needed by those responsible for drawing up the contract conditions and those responsible for insuring the building. The insurance of new build contract is relatively straightforward compared to the difficulties that can arise when an existing building is being worked upon. Such a building will in most circumstances be insured under a commercial all risks property owners’ policy whilst occupied or temporarily unoccupied pending the works. There will be a number of conditions in that policy that will apply when works are being carried out and these should be examined. If the contract does not involve much of an increase in risk the current insurers may be happy to continue the cover without additional charge but it will require reasonable precautions to be taken. On the other hand if there is hot work involving welding equipment or blowtorches, they may require an additional premium and/or risk improvements. If there are to be structural alterations, particularly if they involve foundations, insurers may wish to reconsider the cover and, say, exclude subsidence occurring as a result of the works. The remaining subsidence risk may then be insured under a non-negligence policy at terms reflecting the insurance providers’ assessment of the revised risk. The specific action will depend on the particular circumstances and the attitude of the insurance provider. However, it is also possible that the current insurer will wish to exclude the cover altogether on the grounds that the building is now a construction risk and best insured under a construction policy. The problem with this is that the construction insurance market does not always have the capacity to insure a substantial building.

Contractors often seek to take out joint names insurance with the Employer in respect of the existing building as they wish to avoid taking out public liability insurance due to the high premiums for a large building. This is all very well if the Employer is also the insured under the policy and is prepared to pay any additional premium and/or to accept restrictions in cover and/or to pay for additional risk precautions during the contract period. Either way it should be made clear that this is at the Employer’s risk.

Problems start if the insurers of the building do not want to carry the additional risk. Alternatively the Employer may not control the buildings insurance and the landlord or freeholder that does may refuse to agree to joint names status for the Contractor. If either of these eventualities arises, a solution has to be found. There are solutions or partial solutions but they may be very expensive and still leave the Employer carrying some risk.

Where the Contract Works will include very little of the original building, perhaps just the exterior walls or the facade, it may be better to cover both the existing building and the contract works under the CAR policy with one sum insured. It should be cheaper and make settlement of any claims easier. A CAR policy is designed for construction works and the cover is drawn up to reflect the risks inherent in construction. There are elements of the cover that may make it beneficial to insure the existing building under such a policy,

The insurance providers for the existing building must be advised of the nature and extent of the Contract Works or the policy could be invalidated. However, it may be better to cover the existing building under an all-encompassing CAR policy, as mentioned above.

Where the Employer is undertaking to arrange a joint names cover on the existing building to protect the Contractor, he should make sure this is possible. If the Employer is a lessee or has not arranged the policy there could be problems that are both time-consuming and expensive for the Employer to resolve.

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Construction Insurances Explained

– Consequential Loss Insurance

Consequential Losses Insurance

Property Developers have to carry risks it is part and parcel of their business. The risk due to consequential losses on a construction site is a high one as there are so many factors that could delay completion and then so many headings under which additional expense or actual loss of anticipated income could arise. The measurement of each potential loss can be a problem and if not correctly assessed there may be underinsurance or an unnecessarily high premium being paid.

If any party involved with the construction will require consequential loss cover of any kind it is very unlikely that any insurer will be willing to assist unless it also provides the CAR insurances on the Contract Works. The reason for this lies with the fact that only by the insurer controlling the settlement of the material damage claim can the size of the consequential loss be minimised. Therefore, if the Contract Conditions call for the Contractor to arrange insurance on the works, it may be impossible for the Employer to arrange any consequential loss cover. The Employer will then have to arrange its own cover on the Contract Works in order to secure that consequential loss protection.

To avoid the possibility of the Employer effectively paying enhanced premiums for such Contract Works cover it is worthwhile making clear to the Contractor from the outset that the Employer is paying for its own cover, if this is the intention. The contract price quoted by the Contractor should then reflect this.

It is usually very difficult, if not impossible, to persuade the Contractor to reduce its price at a later date. In any case the Contractor may prefer to arrange its own cover on the Works so that he has control over any claims that may arise. This is understandable and the Contractor may also argue, possibly with some justification, that it can buy the CAR insurance more cheaply than the Employer. Faced with the problems of changing contract conditions, arranging cover on the works and, possibly, paying a higher premium for the privilege, any Employer could be forgiven for giving up the idea of arranging consequential loss cover.

It is not good practice to rely solely on liquidated damages instead. Apart from the fact that the Contractor may find it impossible to purchase insurance against liquidated damages, making recovery of a genuine loss uncertain, there is the possibility that the Contractor will be entitled to an extension of time under the Contract and will not be liable to pay any damages anyway. Properly arranged insurance for consequential losses will more accurately reflect the Employer’s loss than liquidated damages can and by arranging both CAR and consequential loss insurance with the same insurers there is the added advantage that the insurers will be looking for a quick resolution to any CAR claim in order to reduce the size of the consequential loss.

Under all the Standard Forms of Contract commonly used in Malaysia for construction works there exists clauses which make the Contractor obliged to compensate the Employer to the extent of liquidated and ascertained damages at the rate specified in the Contract. However, if the delay is due to certain relevant events an Extension of Time for completion of the Works will be given which will result in the Contractor not being obliged to pay any such damages.

Typically these relevant events would include:

A)  force majeure;

B)  exceptionally adverse weather conditions;

C)  loss or damage occasioned by any one or more of the specified perils (see below);

D)  civil commotion, local combination of workmen, strike or lock-out affecting any of the trades employed upon the works or any of the trades engaged in the preparation, manufacture or transportation of any of the goods or materials required for the works;

E)   terrorism.

Contract Conditions do vary and therefore the proposal that an extension of time may be available is not necessarily correct in every instance.

The specified perils are normally defined as: fire, lightning, explosion, storm, tempest, flood, bursting or overflowing of water tanks, apparatus or pipes, earthquake, aircraft and other aerial devices or articles dropped therefrom, riot and civil commotion, but excluding excepted risks. The excepted risks include, amongst other things, radioactivity and pressure waves.

Force majeure may be defined in the Contract however as all contract are normally executed and subject to the laws of Malaysia consideration should also be taken of the definition of force majeure contained within the Contracts Act and adopted by the Courts. For insurance purposes the principal force majeure perils include: fire and allied perils, strikes, lockouts, labour disputes, change of law, order of any court enforcing a change of law and any other cause beyond the control of the Contractor.

It was possible to buy commercially viable cover for the consequential losses flowing from late completion or permanent abandonment of a project following the occurrence of force majeure perils or restricted to limited specified peril but following some extremely large claims it is now very difficult to obtain such coverage at commercially viable rates.

Where an insurance policy makes reference to All-Risks of Specified Perils the coverage will almost certainly include not just those mentioned above but, in addition, malicious damage, impact, subsidence, landslip, heave and, possibly, other accidental damage. Again such insurance is getting harder and harder to obtain and even flood coverage is being limited after the events of 2011 in Thailand.

Where liquidated and ascertained damages can be applied due to any delay scenario, the reality of the impact upon the Employer’s financial position can often be beyond the level of liquidated and ascertained damages set during tender negotiations. Whilst every effort is made to set the level of damages at an appropriate level, the full consequences are not often appreciated until a loss is sustained. Equally, it can be the case that on smaller projects it is difficult to reach agreement with the Contractor involved for an appropriate level of damages. This is because, if set accurately, they may preclude the Contractor from undertaking the development or, alternatively, the imposition of such damages would adversely affect any tender amount submitted.

Consider the scenario where an Employer is constructing a commercial development and has entered into lease or purchase agreements with a tenant. It may not simply be the Employers loss in rental which needs to be considered but also the tenant’s losses which result from delays. The amount of such damages will depend greatly on the activities and circumstances of the tenant and the content of the Employers lease or purchase agreement with that tenant.

Unfortunately, Employer’s acting as developers often carry more risk than is necessary by failing to insure or insure adequately, even though insurance cover can be purchased. Employers should at least consider taking insurance coverage for the following potential risks:

1)   Loss of Rent/Revenue and Loss of Use of Sale Proceeds, including Assessment of Indemnity Period.

The loss of rental income/revenue income from use or the Employer being prevented from investing or using the proceeds of a sale are straight forward concepts even if their estimation may not be so. The indemnity period refers to the time limit imposed in a policy for which the Employer may claim losses as a result of event which allows the Employer to claim consequential losses. Thus Employers need to consider the period required to rebuild the project or how long it may take for the resale or re-letting following such rebuilding.

2)   Expediting Costs (Additional Cost of Working)

Cover for expediting costs relates to the additional costs in executing and repair or rebuilding works over and above any amount recoverable under the CAR insurance covering the Contract Works. The amount recoverable is generally limited to what is reasonable compared to the saving produced on the claim for losses due to delays in completion. In practice this means that insurers will be reluctant to pay for expenditure that did not produce at least a corresponding saving on another part of the claim.

3)   Costs Incurred in Raising or Extending Loans

The legal and other costs incurred in continuing existing loans or raising new ones as a result of delay by insured damage should also be covered. These may be included within the cover for lost rental income/revenue income or delays in repatriation of proceeds cover referred to above without the need for a separate sum insured.

4)   Additional Overhead Costs

A delay in completion of the Works may incur the Employer in additional costs involving marketing, leasing, selling and legal costs in the case of a developer or where the facility will be used to manufacture or operate a business there could be additional rental costs, redundant employee costs, no productive machinery costs and many other increased overheads.

5)   Higher cost of development finance

Many covers that are arranged which ignore the fact that development finance can cost more than finance secured against a completed project and that the level of borrowing which can be secured against a completed project is normally greater. The consequences of this are twofold. One being the increased cost of borrowing and secondly that more capital is tied up in the project for a longer period as a result of not being able to re-finance the loan against the completed project.

6)   Additional Increase in Cost of Working Cover

It had been addressed that generally the Employer will be limited to reasonable cost of expediting completion of the Works. It may be possible to obtain cover over and above this to further expedite the works by means of an additional item although sometimes the matter is dealt with by means of an extension to the cover with an inner limit. The ability to make a claim under expediting costs might give the Employer useful options in the event of a loss. For example, the ability to make extra payments to speed up completion may enable them to avoid losses in the future that would fall outside the indemnity period.

7)   Damage Away from the Site including Prevention of Access

Where CAR policies exclude coverage for losses that result from damage off site be it to the Contractors’ offices, materials or equipment stored off site, vehicles or plant in transit or whilst stored and damage to other phases of development It is prudent for the Employer to consider extending coverage and also insuring for such events as denial of access and/or failure of utilities.

8)   Damage at suppliers’ premises

Some CAR policies offer limited cover in respect of delays incurred following damage at the premises of suppliers of materials to be used in the Contract Works. The most serious losses are likely to occur if there is a delay in the arrival of crucial or bespoke supplies such as lifts, special equipment and the like. And the limits of cover normally fail to adequately protect the Employer. Accordingly it is prudent for the Employer to consider the purchased sufficient levels of cover for delays as a result of damage to all suppliers to the development not named on other policies although such insurance can be very expensive, especially where suppliers are importing goods from outside of Malaysia.

To summarise an Employer who is seeking Consequential Loss Insurance will be better off arranging the CAR Insurance for the Contract Works or alternatively an all-encompassing Project Insurance. Consequential Loss Insurance is a generally considered a more certain route to recovery of Employer costs than reliance solely on liquidated damages. Consequential Loss Insurance will be a more accurate reflection of the Employer’s loss risks than liquidated damages and finally in Malaysia the recovery of Liquidated damages from a Contractor still requires the Employer to prove his losses if challenged in the courts, thus regardless of the sum stated in the Contract this does not guarantee the amount will be recovered, which will be dependent upon the extent to which the Contractors is liable under the contract for the Employers costs.

In order for the Employer to secure adequate Consequential Loss Insurance at a competitive rate he should ensure that those responsible for arranging the policy have a full understanding of how the project is to be financed, the programming of the Works and the financial implications of any delay.

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Construction Insurances Explained

– Workmen Compensation Insurance

for Contractors, Builders & Other Construction Professionals

Construction and contracting professionals know all too well the risks of their industry. From on-the-job accidents to illnesses from handling hazardous materials, even the best-prepared carpenter can be the victim of unforeseen events.

If one of your subcontractors is hurt due to malfunctioning equipment or falls ill due to exposure to asbestos-containing materials (ACM), your construction and contracting business could be held responsible. Workers’ Compensation Insurance is the protection construction and contracting business owners rely on to cover the medical expenses related to an employee’s injury or illness or for the earnings the employee missed while recovering.

Read on to learn how you can protect your construction and contracting business and your employees from uncertainty with Workers’ Compensation Insurance.

Workers’ Compensation Insurance: Protecting Contractors

The dangers of operating industrial machinery, the exposure to potentially hazardous materials, and the toll of repetitive motion injuries are all risks contractors face daily. And while safety training and personal protective equipment are a necessary risk management tools, construction and contracting businesses know accidents happen all the time.

Workers’ Compensation Insurance helps offset some of the risks you can’t avoid by providing coverage that protects your construction and contracting business assets in the event of a costly lawsuit brought by an injured or ill employee. With an adequate policy, you know your construction and contracting business will have the necessary funds to cover court costs and settlements should unexpected accidents and lawsuits occur.

As a rule, Workers’ Compensation is currently necessary for all businesses with employees, though the laws vary from state to state. For example, North Dakota, Ohio, Washington, and Wyoming have monopolistic markets, which means the state sets rates and operates a state-administered fund of Workers’ Compensation Insurance. private employers can choose whether or not to carry Workers’ Compensation Insurance coverage.

How Construction & Contracting Professionals Benefit from Workers’ Compensation Insurance

While some contractors know this coverage as “workman’s comp” or “workers’ liability insurance,” Workers’ Compensation Insurance acts as a safety net for your construction and contracting business by covering the costs of…

Medical expenses relating to the employees’ on-the-job injuries and work-related illnesses. 

Wages your employee would have earned if they were able to perform their work. 

Legal fees should your employee file a lawsuit against your construction and contracting business for their work-related injury or illness.

Because on-the-job accidents can quickly lead to lawsuits, most Workers’ Compensation policies also include Employers’ Liability Insurance. If your injured or ill employee sues your company, this policy will help pay for the legal costs of defending against the claim.

And legal fees add up quickly. Between attorney’s fees and the time lost from work to attend court, your construction and contracting business could suffer a deep financial burden even if the court finds that your business is not responsible for the illness or injury.

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What is Contractors’ All Risks & Erection All Risks insurance?

These 2 policies are designed to meet the insurance obligation placed upon Contractors under the contract conditions.

  • Contractors’ All Risks
    Covers buildings and civil engineering works under construction
  • Erection All Risks
    Covers plants, machinery, equipment and steel structures like bridges in the course of erection

Key coverage

Here is an overview of your coverage

Contractors’ All Risks / Erection All Risks

  • Material Damage
    Covers against sudden and unforeseen physical loss or damage to contract or erection works/property/items  
  • Third Party Liability
    Covers third party liability for which we shall become legally liable to pay as damages consequent upon
  • Accidental bodily injury or illness of third party
  • Accidental loss or damage to property belonging to third party
    Occurring in direct connection with the works and happening at or in the immediate vicinity of the site.
    The indemnity is also provided for legal costs and expenses provided the liability is within the limit of liability insured.

Construction Insurance Malaysia, Contractor All Risk Insurance Malaysia, Erection All Risk Insurance Malaysia, Engineer Insurance Malaysia,

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Construction Insurance Malaysia, Contractor All Risk Insurance Malaysia, Erection All Risk Insurance Malaysia, Engineer Insurance Malaysia,

Arranged By

ACPG Management Sdn Bhd

www.acpgconsultant.com

+603-92863323

Construction Project Risk Management

A structural collapse, collision, fire or explosion can cause significant damage for a Construction project.

Equally, a severe natural hazard event or unplanned ground settlement can cause significant damage to the project.

All of these material damages can also mean major interruptions and potential delays to start-up as completion dates are pushed out.

Construction projects are always changing through their lifecycle which means the project risk profiles are also continually changing.

This is often a key reason why gaps in risk management occur, even with established risk management approaches.

Our ACPG principal insurer Risk Engineers are trained to spot areas where losses may occur or where there is a potential exposure.

They will make recommendations so you can address these areas before they become a problem.

ACPG principal insurer Risk Engineers work with our customers and underwriters to identify risk improvement advice that cost effectively mitigates the risk to the business.

We look for bespoke solutions, tailored to the needs and culture of the customer’s specific circumstances.

Our ACPG principal insurers risk assessment approach for Construction uses a globally standardised set of risk factors to identify and assess levels of exposures and controls.

These risk factors are applied appropriately for the specific type and methods of construction.

ACPG principal insurers Risk Engineering and Underwriting have expertise in the following industries and sectors:

Public infrastructure – roads, bridges, tunnels, rail, dams, desalination plants, water and wastewater

Ports – coal and ore loading terminals, container terminals

Energy and mining – oil, gas, petroleum, coal, iron ore, precious metals

Power generation – coal-fired, gas-fired, hydroelectric, solar, wind, nuclear

Manufacturing and processing plants

Buildings – large commercial buildings.

Value-added solutions:

Risk Assessments

Our ACPG insurer approach for Construction site risk assessments uses a globally standardised set of risk factors to identify and assess levels of exposures and controls.

These risk factors are applied according to the specific type and methods of construction.

ACPG Construction Project insurance options

CAR – Construction All Risks

Covers material damage loss arising from contract works on site, transit to or from the contract site (other than by sea or air), contract works stored away from the contract site. It typically covers parties such as the principal contractor, subcontractors, and in some cases suppliers and manufacturers of equipment.

EAR – Erection All Risks

Covers loss arising out of the erection and installation of machinery, plant and steel structures, including physical damage to the contract works, equipment and machinery.

DSU – Delay in Start Up

Covers delay in start-up costs associated with a CAR or EAR loss.

ALOP – Advance Loss of Profit

Covers advance loss of profit costs associated with a CAR or EAR loss.

ACL – Advance Consequential Loss

Covers advance consequential loss costs associated with a CAR or EAR loss.

Annual Construction Policies

Covers smaller construction project works up to a certain value as an annual policy.

Construction Third Party (Public) Liability

Covers third party personal injury or property damage as a result of negligence associated with works being undertaken. This can be covered in conjunction or combined with CAR and EAR policies.

Project Cargo

Covers risks of loss or damage to goods and merchandise while in transit by any method of transport – sea, rail, road or air – and while in storage anywhere in the world en route between the points of origin and final destination for construction projects. This can be covered in conjunction or combined with CAR and EAR policies depending on the extent of the shipment and the cover required.

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Malaysia Insurance Services, Malaysia General Insurance, Malaysia Commercial Insurance, Malaysia Medical Insurance

Arranged by

ACPG Management Sdn Bhd

Malaysia Experience Commercial Insurance Risk Management Solution Provider since year 1989.

ACPG Careline +603-92863323

enquiry@acpgconsultant.com

www.acpgconsultant.com

www.facebook.com/acpg.management

Foreign Workers & Maids Insurance Malaysia arranged by ACPG Management Sdn Bhd

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Foreign Workers & Maids Insurance Policy

Arranged by

ACPG Management Sdn Bhd

www.acpgconsultant.com

+603-92863323

enquiry@acpgconsultant.com

Foreign Workers & Maids Insurance

SKIM PAMPASAN PEKERJA ASING (FWCS)

SKIM KEMASUKAN HOSPITAL DAN PEMBEDAHAN

PEKERJA ASING (SKHPPA)

SKIM INSURANS PEMBANTU RUMAH

*Foreign Worker Insurance Guarantee (FWIG)

*Foreign Worker Compensation Scheme (FWCS)

*Foreign Worker Hospitalisation and Surgical Insurance Scheme (SKHPPA)

*Domestic Servant Insurance Scheme (DSIS)

*Maids Insurance Scheme (MIS)

Benefits of Coverage

– Repatriation Expenses

– Personal Accident Insurance

– Disease Death

– Permanent Partial / Total Disablement

– Temporary Disablement

– Accidental Medical Expenses

– Hospital & Surgical Medical Expenses

– Weekly Income Benefits

– ICU / Ambulance Fees / Medical Report Fees

Malaysia Insurance Services, Malaysia General Insurance, Malaysia Commercial Insurance, Malaysia Medical Insurance

Arranged by

ACPG Management Sdn Bhd

Malaysia Experience General Insurance Risk Management Solution Provider since year 1989.

ACPG Management Sdn Bhd

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

Jalan Jejaka, Taman Maluri,

55100 Kuala Lumpur, Malaysia.

ACPG Careline +603-92863323

enquiry@acpgconsultant.com

www.acpgconsultant.com

www.facebook.com/acpg.management

www.walkinonline.com/store/ACPG.php

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Liability Insurance Kuala Lumpur Malaysia

Shopping Mall installation liability insurance FB Wall Post
For More Details Liability insurance,
Please call +603-92863323 or enquiry@acpgconsultant.com
Click Here For Insurance Quote Enquiry Form Submission
Type of Liability Insurance
Public Liability Insurance Kuala Lumpur Malaysia
Product Liability Insurance Kuala Lumpur Malaysia
Legal Liability Insurance Kuala Lumpur Malaysia
Personal Liability Insurance Kuala Lumpur Malaysia
Third Party Liability Insurance Kuala Lumpur Malaysia
Employer Liability Insurance Kuala Lumpur Malaysia
Food & Drink Poison Liability Insurance Kuala Lumpur Malaysia
Contractor Liability Insurance Kuala Lumpur Malaysia
Construction work Liability Insurance Kuala Lumpur Malaysia
Renovation work Liability Insurance Kuala Lumpur Malaysia
Installation work Liability Insurance Kuala Lumpur Malaysia
Sub Contractor Liability Insurance Kuala Lumpur Malaysia
Banting and Banner Liability Insurance Kuala Lumpur Malaysia
Signboard Liability Insurance Kuala Lumpur Malaysia
Principal Property Damage Liability Insurance Kuala Lumpur Malaysia
House owner Liability Insurance Kuala Lumpur Malaysia
Property owner Liability Insurance Kuala Lumpur Malaysia
Premises Owner Liability Insurance Kuala Lumpur Malaysia
Strata Title Liability Insurance Kuala Lumpur Malaysia
JMB Management Liability Insurance Kuala Lumpur Malaysia
Property Management Liability Insurance Kuala Lumpur Malaysia
Professional Liability Insurance Kuala Lumpur Malaysia
Management Liability Insurance Kuala Lumpur Malaysia
Public liability insurance
Public liability insurance protects your business against the cost of settling or defending a claim for bodily injury or property damage from a client or member of the public. It’s designed to cover you for all the slips, trips and falls that sometimes simply can’t be avoided in the workplace or in a professional capacity.
What many people don’t realise is that, as a business owner they can be liable for all sorts of accidents both on their business premises and away from them. For example, if you were to damage a client’s property in their office a claim could be brought against you. Likewise, if a member of the public or a client slipped on a wet floor at your business premises and injured themself, you could be held responsible
Public liability insurance explained
Public liability insurance is designed to protect you against claims made by the public that they have suffered an injury or loss as a result of your business.
Even if you don’t have visitors to your office or home, you could still suffer a public liability claim, for example if you accidentally damage a client’s property in their office. In this scenario, public liability insurance would pay out the cost of compensation to be paid to the individual, as well as the legal fees and expenses involved.
Anyone working for you could also trigger a public liability claim against your business if their actions at work injure a client or member of the public.
Do I need any other kinds of business insurance?
To help protect your business, ACPG can provide small businesses with public liability insurance as a standalone policy or it can be purchased together with our range of business insurance products including ACPG Employers’ Liability Insurance.
How much does ACPG public liability insurance cover me for?
How much you’re covered for in terms of compensation pay-out will depend on the level of cover you choose, and you’ll be covered for up to RM100,000 for any legal feels spent in defending a claim.
If you have employees, employers’ liability insurance is a legal requirement and can be bought as a package with our public liability insurance.
Do I need public liability insurance?
If your business premises are visited by clients, or if your employees regularly work off-site, it may be worth considering public liability cover.
If you work from home, you may assume you don’t need a policy, but this isn’t necessarily the case.
Say, for example, you decide to take a marketing stand at your industry’s big trade show to get some publicity for your firm.
But during the show a bit falls off and injures a passer-by; an embarrassing episode could turn into a costly one if that person decides to sue.
Also, if you visit clients’ premises or have access to their equipment, then it’s worth considering buying public liability cover, because if you inadvertently damage their property you may have to pay the cost of repairing or replacing it.
It could be something as simple as knocking your cappuccino over your client’s new MacBook or one of your employees tripping over in a client’s server room. He brings a stack of expensive computer equipment down as he falls, which might seem like a classic ‘You’ve Been Framed’ moment at the time, but the RM1250 you’d earn from the trip (pardon the pun) wouldn’t begin to cover the cost of a new server, when your client sends you the bill.
What does public liability insurance cover?
A public liability policy covers you and your employees against property damage when working in a client’s home, office or business property.
Under the Injury Cost Recovery Scheme, the NHS is now allowed to reclaim the cost of transporting and treating a patient, in cases where personal injury compensation is paid out. So if your business activities injure a third party, public liability insurance will protect you from the cost of a possible NHS claim.
How much does public liability insurance cost?
How much you pay for cover depends on the size and type of your business, and the level of risk it undertakes. Discuss this with your insurer before you buy your policy in order to assess what level of cover provided is right for your business .
You may find clients expect you to have a minimum level of cover, according to your area or industry. This is often the case for businesses working with the public sector where the minimum requirement is usually between RM 5-10 million.
Is public liability insurance a legal requirement?
Choosing not to purchase public liability insurance will not land you with a jail sentence or a hefty fine.
But having the right insurance can make your business look more professional and offer you peace of mind.
You don’t want to get into a spat with one of your best clients over the consequences of an accident or damage to one of their properties.
Getting a public liability policy means you can let your insurer deal with any problems, while you get on with running your business.
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Malaysia Insurance Services, Malaysia General Insurance, Malaysia Commercial Insurance, Malaysia Medical Insurance
Arranged by
ACPG Management Sdn Bhd
Malaysia General Insurance Risk Management Solution Provider since year 1989.
ACPG Careline +603-92863323
enquiry@acpgconsultant.com

Public Liability Insurance Kuala Lumpur Malaysia

Exhibition Liability Insurance FB Wall Post

Shopping Mall Installation Liability Insurance, Commercial Building Renovation Liability Insurance,
Renovation Liability Insurance, Installation Liability Insurance,
Construction Liability Insurance and Contractors Liability Insurance
Exclusive Arranged by
ACPG Management Sdn Bhd
www.acpgconsultant.com
+603-92863323
enquiry@acpgconsultant.com
www.facebook.com/acpg.management
www.walkinonline.com/store/ACPG.php
Shopping Mall Liability Insurance, Commercial Building Liability Insurance, Renovation Liability Insurance, Installation Liability Insurance, Construction Liability Insurance and Contractors Liability Insurance
Installation & Dismantle Period, Project Period, Annual Cover Period
*Public Liability Insurance
*Legal Liability Insurance
*Third Party Liability Insurance
Type of Insurance Coverage
Contractor All Risk Insurance (CAR)
Erection All Risk Insurance (EAR)
Public Liability Insurance (PL)
Workmen’s Compensation Insurance (WC)
Foreign Worker Insurance (FWCS/FWIG/SKHPPA)
Machinery All Risk Insurance
Employer’s Liabiliy Insurance
Group Accident (PA) & Group Medical (H&S) Insurance

 

Public liability insurance

Public liability insurance protects your business against the cost of settling or defending a claim for bodily injury or property damage from a client or member of the public. It’s designed to cover you for all the slips, trips and falls that sometimes simply can’t be avoided in the workplace or in a professional capacity.
What many people don’t realise is that, as a business owner they can be liable for all sorts of accidents both on their business premises and away from them. For example, if you were to damage a client’s property in their office a claim could be brought against you. Likewise, if a member of the public or a client slipped on a wet floor at your business premises and injured themself, you could be held responsible
Public liability insurance explained
Public liability insurance is designed to protect you against claims made by the public that they have suffered an injury or loss as a result of your business.
Even if you don’t have visitors to your office or home, you could still suffer a public liability claim, for example if you accidentally damage a client’s property in their office. In this scenario, public liability insurance would pay out the cost of compensation to be paid to the individual, as well as the legal fees and expenses involved.
Anyone working for you could also trigger a public liability claim against your business if their actions at work injure a client or member of the public.
Do I need any other kinds of business insurance?
To help protect your business, ACPG can provide small businesses with public liability insurance as a standalone policy or it can be purchased together with our range of business insurance products including ACPG Employers’ Liability Insurance.
How much does ACPG public liability insurance cover me for?
How much you’re covered for in terms of compensation pay-out will depend on the level of cover you choose, and you’ll be covered for up to RM100,000 for any legal feels spent in defending a claim.
If you have employees, employers’ liability insurance is a legal requirement and can be bought as a package with our public liability insurance.
Do I need public liability insurance?
If your business premises are visited by clients, or if your employees regularly work off-site, it may be worth considering public liability cover.
If you work from home, you may assume you don’t need a policy, but this isn’t necessarily the case.
Say, for example, you decide to take a marketing stand at your industry’s big trade show to get some publicity for your firm.
But during the show a bit falls off and injures a passer-by; an embarrassing episode could turn into a costly one if that person decides to sue.
Also, if you visit clients’ premises or have access to their equipment, then it’s worth considering buying public liability cover, because if you inadvertently damage their property you may have to pay the cost of repairing or replacing it.
It could be something as simple as knocking your cappuccino over your client’s new MacBook or one of your employees tripping over in a client’s server room. He brings a stack of expensive computer equipment down as he falls, which might seem like a classic ‘You’ve Been Framed’ moment at the time, but the RM1250 you’d earn from the trip (pardon the pun) wouldn’t begin to cover the cost of a new server, when your client sends you the bill.
What does public liability insurance cover?
A public liability policy covers you and your employees against property damage when working in a client’s home, office or business property.
Under the Injury Cost Recovery Scheme, the NHS is now allowed to reclaim the cost of transporting and treating a patient, in cases where personal injury compensation is paid out. So if your business activities injure a third party, public liability insurance will protect you from the cost of a possible NHS claim.
How much does public liability insurance cost?
How much you pay for cover depends on the size and type of your business, and the level of risk it undertakes. Discuss this with your insurer before you buy your policy in order to assess what level of cover provided is right for your business .
You may find clients expect you to have a minimum level of cover, according to your area or industry. This is often the case for businesses working with the public sector where the minimum requirement is usually between RM 5-10 million.
Is public liability insurance a legal requirement?
Choosing not to purchase public liability insurance will not land you with a jail sentence or a hefty fine.
But having the right insurance can make your business look more professional and offer you peace of mind.
You don’t want to get into a spat with one of your best clients over the consequences of an accident or damage to one of their properties.
Getting a public liability policy means you can let your insurer deal with any problems, while you get on with running your business.

 

Malaysia Insurance Services, Malaysia General Insurance, Malaysia Commercial Insurance, Malaysia Property Insurance, Malaysia Medical Insurance
Arranged by
ACPG Management Sdn Bhd
Malaysia Largest General Insurance Risk Management Solution Provider since year 1989.
ACPG Careline +603-92863323
enquiry@acpgconsultant.com
www.acpgconsultant.com
www.facebook.com/acpg.management
www.walkinonline.com/store/ACPG.php
Shopping Mall installation liability insurance FB Wall Post

Malaysia Risk Management Insurance Solution Service Provider

Malaysia Largest Insurance Solution Service provider IVR3001

 

ACPG Management Sdn Bhd

Your Experience Insurance Risk Management and Solution Service Provider since year 1989 and Head Office Located at Kuala Lumpur Malaysia .

For more details of Malaysia Insurance package and risk management services www.acpgconsultant.com and contact our ACPG careline +603-92863323.

Click Here For Insurance Quote Enquiry Form Submission

 

ACPG Management Sdn Bhd

What We Can Do…..

One of the reasons we at ACPG Management Sdn Bhd, are one of the top Property and Casualty Insurance Agency in the Kuala Lumpur Malaysia market, is due to the quality and variety of insurance solution and consultancy services we provide. Be it automotive insurance, fire insurance, all others type classes of life and general insurance, consequential loss insurance, insurance of precious possessions or what have you, you can rest assured that we provide nothing less than what are stated below, which makes us an insurance agency that is truly “Almost with No Comparison”, and we do not make such claims lightly.

With 27 years since year 1989 in the insurance Malaysia market we can

Give our Expert Opinion On Your Risks.

How To Handle The Risks.

Provide The Best Insurance Solutions.

Provide Competitive Premium.

Handle Insurance Claims With Comprehensive Homework.

Work Closely with Insurance Adjusters, Insurer Claim Officers and Policy Holders.

Assisted Claims

By its very nature, a claim is made at a difficult and stressful time. You may need to make a claim because you have been burgled, there has been a fire or flood or worse and your business may be forced to stop operating. In such a situation, you need a settlement and fast.

Most insurance companies are well aware of this and if you are making a claim directly to an insurance company or through an unqualified agent and without any professional help, you may find the small print in your policy is not what you expected or the settlement amount is not enough.

When you have to make a claim, the insurance company will send out a loss adjustor to assess the damage. It is important to understand that the loss adjustor works for the Insurance company and not you so they will put the interests of the insurance company first.

If you are one of our clients, we will represent your interests when the loss adjustor visits the scene and in any discussions or negotiations to ensure you get the best possible settlement.

If you would like to meet for an informal consultation about your insurance needs and how we can place your coverage at exceptional rates, please do not hesitate to contact us.

Risk Management

Risk is when there’s an uncertainty about whether an event will or will not occur. Thus, risk management is the process of identifying exposures to risk, choosing the best method for handling each exposure and implementing it.

Insurance refers to a contract that reduces risk of loss and requires one party to pay a specified sum to another if a previously identified event occurs. Thus, insurance planning is the process of handling and safeguarding against future risk of loss and ensuring sufficient compensation is provided.

Risk Management Technique

When it comes to risk management, there are 4 basic methods :

Risk Avoidance

To avoid engaging in an activity or owning property that might lead to an exposure of risk.

Risk Assumption

To recognize risk and accept it as part of its activities.

Risk Transfer

To transfer risk to another party.

Risk Reduction

To take steps to reduce the uncertainty of loss.

 

 

Malaysia General Insurance Services
Arranged by
ACPG MANAGEMENT SDN BHD
Your Experienced and Trusted
Malaysia Risk Management Insurance Solution Service Provider since year 1989.
ACPG careline : +603-9286 3323,
enquiry@acpgconsultant.com,
www.acpgconsultant.com

Facebook Business page  www.facebook.com/acpg.management