Tokio Marine SME BizOne

An easy and simple to understand business package providing complex risk management solution to meet your business needs

What is Tokio Marine SME BizOne insurance?

It is a comprehensive package plan which covers various aspects of your business, protecting all the hard work and investment you’ve put in

The package offers multiple benefits

Protection from potential elements that can disrupt or damage your business
Peace of mind at affordable rates
Flexibility to pick and pack the coverage to match your needs

Key coverage

Here is an overview of your coverage

Fire

Cover loss or damage to building, stock in trade, fixtures, fitting & furniture and other contents caused by fire and/or other extended perils

Burglary

Provides protection against incidents of theft to your property

Money

Cover loss of money whilst in transit and whilst in the premises

Glass

Indemnify for any glass broken by fracture extending through the entire thickness of the glass as a result of an accident or misfortunate not otherwise excluded

Public Liability

Covers legal liability to third party as a result of an accident happening in connection with your business operations and occurring within the territorial scope

Employer’s Liability

Indemnifies against liability at law to pay compensation and cost and expenses to the employees in respect of accidental bodily injury or disease arising out of or in the course of employment

All Risks

Loss or damage to your insured property caused by any accident or misfortune unless such perils are specifically excluded in the policy

Fire Consequential Loss

Coverage for loss of profits, revenue, rental, standing charges, wages or salaries on payroll basis and increase in cost of working due to business interruption as a result of fire and/or other extended perils

Group Personal Accident

Provides compensation for bodily injury sustained by the Insured Person (e.g. your employees/workers/members) caused by accidental means which injury shall solely and independently of any other cause result in their death or disablement or necessitate medical and/or surgical treatment

Electronic Equipment

Covers your computers and other electronic equipment whether the items are at work or at rest or being dismantled for the purpose of cleaning, overhauling or being shifted within the premises

Machinery Breakdown

Cover any unforeseen and sudden physical loss of or damage to the machinery (lift, air-conditioners, generators, transformers, fire-fighting equipment and the like)

Fidelity Guarantee

Cover against loss by the act of infidelity or dishonesty committed by the employees.

How much is my premium?

Your premium may vary depending on the plan you select.

Building Cost Calculator (BCC)

The calculator is a guide only to assist you in determining the estimated sums to be insured for residential properties, simple shop house and shop office and is not a substitute for professional advice to be obtained.

Before using the calculator, kindly note the following:

if any renovations have been made to your property, you are advised to indicate the amount (cost of renovation) in the box provided in the BCC.
if your property has unique or special design features and/or have extensive renovations and/or have complex structures affixed, you are advised to obtain professional advice for a more accurate assessment of your property.

To access to the BCC, kindly click on the following selection:
http://www.piam.org.my/consumer/industry/building-cost-calculator-bcc/

Product literature

What we don’t cover

War, civil war and any act of terrorism
Radioactive and nuclear energy risks
Date recognition
Property damage to data or software
The ‘Liability to the Public’ section does not cover any asbestos related injury or damage involving the use, presence, existence, detection, removal, elimination or avoidance of asbestos or exposure or potential exposure to asbestos

Note:

This list is non-exhaustive. Please refer to 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 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 5 July 2018.

Note: You should satisfy yourself that this policy will best serve your needs. You should read and understand the insurance policy, and at all times, feel free to contact us for more information.