We can’t predict when a natural disaster will happen.
Types of home insurance available in Malaysia:
a) Fire Policy
The most common type of home insurance. It covers costs for losses and damages to residential property (excluding...
• To protect against financial losses resulting from lawsuits or physical damages to property/assets.
• Costly damages/repair if a disaster strikes.
• Continue to enjoy peace of mind in carrying out daily business.
Thanks to inflation !!!
Prices are constantly rising year by year including medical costs. In fact, medical inflation is often higher than the hike in prices of other goods and services.
What does Fire Insurance cover?
The basic policy covers damages caused by:- fire, lightning, and explosion.
Extended perils: storms and tempests, floods, riots, and even damages caused by smoke, and water or other extinguishing agents used to put out the fire.