Risk Management Loss Control

Why Risk Management
Loss Control?

Benefits at a glance.

It is a preventative plan covering a spectrum of risk management services to ensure your business is protected against crisis in advance. Specialized value-add benefits include infra-red thermography service and firefighting equipment assessment.

Infra-red thermography service

Uses a predictive maintenance tool to detect hot spots in electrical or mechanical equipment. It allows for :

Contact-free advanced diagnostic detection of problems.
Early detection and adoption of remedial measures.

Firefighting equipment assessment

You will be entitled to a service where :

All firefighting equipment in the premises will be evaluated.
An area sweep will be conducted to detect areas where physical improvements can be undertaken to minimise potential loss of equipment on-site.

Key coverage

Here is an overview of your coverage

Benefits

Fire risk assessment, special rating and underwriting surveys.
Fire Extinguishing Appliances (FEA) evaluation. This encompasses assessment of aspects such as, cost versus benefit analysis for implementing FEA for special rating cases. 
Infra-red (IR) thermography surveys.
Security and theft inspection.
Perils risk assessment. This even extends to floods and windstorms.  
Safety and health audit.
Marine cargo loss prevention site surveys.
Specialised value-add benefits
Training, seminars and consultancy for clients and intermediaries on risk management and rating for property insurance.

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).

How much is my premium?

Your premium may vary depending on our underwriting requirements.

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. You must refer to the policy contract for the precise terms and conditions of this insurance plan.

Note: You should satisfy yourself that this policy will best serve your needs. You should read and understand the insurance policy and discuss with the agent or contact us directly for more information.