线上购买 MSIG 汽车保险保单 www.insuranceonlinepurchase.com

MSIG Motor Ins (E) pic 190513A

线上购买 MSIG 汽车保险保单
点击这里“立即购买”
 
ACPG 安排
 
WhatsApp 团队http://wasap.my/+601112239838/MSIGmotorinsurance
 
ACP Group of Companies
03-92863323
011-12239838
012-6489838
 
即时线上 “立即购买” MSIG 汽车保险保单
 
你可以选择上门到我们 ACPG 的总部
ACPG Management Sdn Bhd
Malaysia Experience Risk Management Insurance Services Provider (Since Year 1989)
Head Office
158-3-7, Blok 158, Kompleks Maluri,
Jalan Jejaka, Taman Maluri,
55100 Kuala Lumpur, Malaysia.
+603-92863323
 
#网上购买MSIG汽车保险
#线上购买MSIG汽车保险
#MSIG汽车保险
#ACPG

Marine Cargo Insurance Malaysia Arranged By ACPG Management Sdn Bhd

Marine and Cargo Insurance FB Wall

Marine Cargo Insurance Malaysia Arranged By ACPG Management Sdn Bhd

Marine Insurance can be classified into two main types, Marine Hull Insurance and Marine Cargo Insurance.

Marine Hull Insurance is for the loss or damage of ships, vessels, yachts, boats and ferries.

Marine Cargo Insurance is for the loss or damage of cargo carried by any mode of transportation while being held, transferred, loading and unloading between the points of origin or departure and the final destination or point of arrival or discharge.

The word marine though may suggest the mode of transportation by sea, however, in marine cargo insurance, the cargo other than being transported via sea, can be transported by land by lorries, trucks or train.  Cargo can also be transported by air especially when the goods in the containers are perishable items that need to be shipped to the destination immediately by the exporter to the importer for delivery to the buyer or consumers. Air cargo is also covered under Marine Cargo Insurance.

Marine Hull Insurance is not limited to insuring the ship body and its motorised engine.  It can also covers other floating structures like oil-rig platforms and barges.

Scope of Marine Hull Insurance coverage is wide and comprehensive as it can cover the loss or damage to the ship due to collision with another ship, or collision with a fixed object like a shipwrecked or harbour at terminals or sandbars or reefs.  If there are bodily injuries to the third party on board the other ship  or damage to the fixed objects like harbour or terminal, the marine insurance will have to pay for the claims by third party besides the cost of repair to the ship and its engine.

Marine Hull insurance usually covers up to three quarter of the insured’s liability to third parties.  This development has encouraged the shipowners to band together in mutual underwriting clubs known as Protection and Indemnity Clubs (P&I), to insure the remaining one-quarter liability amongst themselves.

Most of the P & I Clubs work on the basis of agreeing to accept a shipowner as a member and levying an initial “call” (premium). With the fund accumulated, reinsurance will be purchased; however, if the loss experience is unfavourable one or more “supplementary calls” may be made and all the club members have to contribute to the fund.  These P & I clubs will also try to build up their reserves in good time when there are fewer claims so that they will have more funds on standby.

An actual total loss occurs where the damages or cost of repair clearly equal or exceed the value of the ship or  property . A constructive total loss is a situation where the cost of repairs of the ship plus the cost of salvage equal or exceed the value of the ship insured

Insurance of pleasure craft  in nature like yacht is generally known as “yacht insurance” and includes liability coverage. Smaller vessels such as yachts and fishing vessels are typically underwritten on a “binding authority” or “lineslip” basis.

With the growing number of individuals who have grown financially rich and wealthy in Malaysia and the rests of the world, it has become a trending  lifestyle for many to own private yachts and moor it at marinas like the ones at Georgetown, Penang Marina and Pulau Langkawi Marina clubs and Puteri Harbour and  Danga Bay, Johor in Malaysia.

Like most classes of insurance, war risks is not covered by Marine Insurance. General hull insurance does not cover the risks of a vessel sailing into a war zone. A typical example is the risk to a tanker sailing in the Persian Gulf during the Gulf War involving Iraq and Kuwait, its allies in Arab Gulf countries and its major Western Allies like UK, France and NATO countries and USA.

The war risks areas are established by the London-based Joint War Committee, which has recently moved to include the Malacca Straits as a war risks area due to piracy. There have been several oil tanker ships and container ships being hijacked by pirates and terrorists near Sudan and Somalia which have given rise to many insurance losses and the governments of most of the affected shipping lines have made arrangement to send their naval forces to escort and patrol the seas in that area to curb piracy. If an attack is classified as a “riot” then it would be covered by war-risk insurers.

Marine Hull insurance policy can also include Increased Value(IV) cover to protect the shipowner against any difference between the insured value of the vessel and the market value of the vessel.

Some of the special covers are not readily available to the shipowners are the insurance company’s underwriter will look into other factors in accepting the risks proposed.

Marine Cargo insurance is underwritten on the Institute Cargo Clauses, with coverage on an AB, or C basis, A having the widest cover and C the most restricted. Valuable cargo is known as specie. Institute Clauses also exist for the insurance of specific types of cargo, such as frozen food, frozen meat, and particular commodities such as bulk oil, coal, and jute.  Sometime a cargo may be a herd of animal livestock like cows and sheep.

Marine Cargo Insurance has also engaged many parties like shipping agents, Shipping Lines, Integrated Land Transporters and Aviation Cargo Industry and specialized professionals like quality and quantity packing inspection agencies and marine loss adjusters who will determine the value or sum insured, salvage and sacrifice and adequacy of sum insured and average calculation.

Marine Cargo policies can be issued on annual open cover basis or on per consignment or shipment basis.

If you need a Marine Hull Insurance or Marine Cargo Insurance from general Marine insurance agent in Malaysia, please contact us. If you are from outside of Malaysia, please contact us ACPG Careline +603-92863323 or via email enquiry@acpgconsultant.com.

Marine Cargo Insurance FB A4

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.

BETTERMENT CAR INSURANCE MALAYSIA ACCIDENT REPAIR CLAIM

11138523_897510296979548_1132563850030421061_n

BETTERMENT CAR INSURANCE MALAYSIA ACCIDENT REPAIR CLAIM SHARED BY ACPG MANAGEMENT SDN BHD

A private car or commercial vehicle age older than five (5) years old when it is involved in accident damage claims,  the insurance company and the appointed repair panel workshop will apply the BETTERMENT Clause in assessing the repair cost for your old car parts when processing claim.

Betterment occurs when in the course of repairing an accident-damaged vehicle, an old part is replaced with New Franchise part. You will need to pay for the difference in costs as your are placed in a better position after the accident with the New Franchise part.  This is in line with the insurance principle of Indemnity.

Please note that your insurance company has the sole discretion whether to apply the  betterment.

If your insurance company choose to apply betterment in your accident damage repair claim, the motor insurance industry will apply the following scale :

Age of Vehicle/Years                      Maximum Rate(%)

Less than 5 years                               0

5                                                          15

6                                                          20

7                                                          25

8                                                          30

9                                                          35

10 year and above                           40

Example 1:

If insured’s car is less than 5 years old,  year manufactured was 2011 and registered in 2011. The repair and replacement of old parts of your car cost RM4,000.  You need not pay anything to the panel workshop. The motor insurance company will bear the full replacement of New Franchise parts and repair cost of RM4,000.

Example 2:

If insured’s car is 6 years old, year manufacture and registration was year 2008 and registered in January 2008.  The date of accident was October 31, 2014. The car New Franchise  parts replacement cost is RM4,000.  Betterment is applied.

The insured has to pay 15% of RM4,000 = RM600 to the panel workshop.  The motor insurance company will only pay the repair and replacement of new part cost up to RM3,400.

Example 3

If the insured car was manufactured in 2002 and registered in March 2003.  Date of accident repair was December 2013. The repair and replacement of new parts cost was RM4,000.  Betterment was applied.

The difference in costs paid by insured is RM4,000 x 40% = RM1,600. Panel workshop will collect RM1,600 from insured.

The motor insurance company paid RM2,400 only for the accident claim and applied  BETTERMENT  clause.

By now, you probably understood why some of your friends who owned cars older than five (5) years old had been upset and gone through a lot of hassles talking to their insurance agents and bargaining with the panel workshops and making numerous phone calls to the motor insurance company to reach an amicable settlement of accident damage repair claims.

How about you and your company?  For your private car insurance renewal or company’s commercial vehicle renewal, make sure you are adequately insured according to value  your car make and model or commercial vehicle’s make and model it is worth at the point of insurance cover.

We will explore on the insured value or sum insured and agreed valuein next topic.

Need more details on malaysia motor insurance information such like AIG Motor Insurance, Allianz Motor Insurance, AM General Motor Insurance, AXA Motor Insurance, Kurnia Motor Insurance, Lonpac Motor Insurance, MSIG Motor Insurance, Pacific Motor Insurance , Tokio Marine Motor Insurance, please contact us ACPG Careline +603-92863323 or enquiry@acpgconsultant.com.

Malaysia Motor Insurance Services, Malaysia Car Insurance, Malaysia Lorry Insurance, Malaysia Van Insurance, Malaysia Commercial Car Insurance, Malaysia A Permit Lorry Motor Insurance, Malaysia C Permit Lorry Motor 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

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