Products Liability

Product information

The benefit(s) payable under eligible policy is protected by PIDM up to limits. Please refer to PIDM’s TIPS Brochure or contact TMIM or PIDM (visit www.pidm.gov.my).

Why Products
Liability?

Benefits at a glance.

Liability coverage

Cover includes:

Bodily injury or property damage arising out of products manufactured, sold or distributed by your company or by others trading under your company’s name.
Claims arising from the defective manufacturer, incorrect labeling, erroneous instructions, inadequate warnings or defective packing materials.

Key coverage

Here is an overview of your coverage

Coverage

You are covered for

Bodily injury to third party
Property damage to third party

arising out of products manufactured, sold or distributed by your company or by others trading under your company’s name

How much is my premium?

Your premium may vary, depending on

Risk exposure
Our underwriting requirements

What we
don’t cover

✖Aircraft products.

✖Asbestos.

✖Contractual liability.

✖Damage to impaired property or property not physically insured.

✖Damage to property.

✖Damage to your products.

✖Expected or intended injury.

✖Fines, penalties, punitive and exemplary damages.

✖Nuclear energy

✖Personal injury.

✖Pollution.

✖Professional liability.

✖Recall of products or impaired property.

✖War.

✖Terrorism.

✖Product guarantee/warranty.

important information

This plan is underwritten by Tokio Marine Insurans (Malaysia) Berhad. All benefits and features mentioned herein are subject to terms and conditions of the policy. It is In your best interest to refer to the Policy Contract for the precise terms and conditions of this insurance plan. The information shown here is for reference only and is accurate as at 30 June 2012.

Note: Take confidence in the fact that this policy will deliver the coverage that best serves your needs. You should read and understand the insurance policy and discuss it with your agent. Or, feel free to contact us directly for more information.