Fire Consequential Loss

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 Fire
Consequential
Loss?

Benefits at a glance.

Cover for losses
It is a policy that complements your Fire Insurance policy. It ensures coverage for:

Loss of profit.
Revenue.
Rental.
Standing charges.
Wages or salaries on a payroll basis.
Increase in cost of working due to business interruption as a result of fire and/or other extended perils.

Key coverage

Here is an overview of your coverage

Fire Consequential Loss

Loss of Gross Profit (Difference Basis or Addition Basis cover)
Loss of Gross Revenue
Loss of Gross Rental
Standing Charges only
Wages (Dual Basis or 100% or Pro-rate)
Wages and Salaries on Payroll Basis
Increased Cost of Working only

In addition, you may insure the Auditors’ Fees as an additional item under the policy.

How much is my premium?

Your premium may vary, depending on

Cover selected
Coverage amount
Our underwriting requirements

More product
information

Fire Consequential Loss Fact Sheet (English)

PDF, 383.25 KB

Fire Consequential Loss Fact Sheet (English) - Detariff

PDF, 383.59 KB

Fire Consequential Loss Fact Sheet (BM)

PDF, 382.10 KB

Fire Consequential Loss Fact Sheet (BM) - Detariff

PDF, 382.07 KB

Fire Consequential Loss Proposal Form

PDF, 215.20 KB

What we
don’t cover

✖︎ Losses

by extraordinary events during an interruption
by restrictions imposed by authorities on the reconstruction or operation of the business.
due to insufficient capital for timely restoration or replacement of property destroyed, damaged or lost.
due to burning of property by order of any public authority.

✖︎ Subterranean fire.

✖︎ War, civil war and any act of terrorism.

✖︎ Radioactive and nuclear energy risks.

✖︎ Date recognition.

✖︎ Property damage to data or software.

Note:
This list is non-exhaustive. Please refer to the sample policy contract for the full list of exclusions under this policy.

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 iIn 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: You must ensure that your property is insured at the appropriate amount. You should read and understand the insurance policy and discuss it with your agent. Or, feel free to contact us directly for more information.