Protect yourself and your loved ones from life's uncertainties with AIA's life insurance and takaful plans.
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Home is where the heart is and so it's important to protect your nest and your treasured belongings against any unexpected events that can set you back significantly, financially.
A-Essential Home is a protection plan that covers your home and its contents against loss or damage.
You will receive the amount you are covered for if you suffer loss or damage because of a fire, lightning, explosion, theft involving forced entry into/exit from the building, malicious damage, burst pipes, floods and impact damage. You will also receive up to 10% of your coverage amount if you suffer loss of rental after the incident. What's more, we will reimburse you for the cost to clear away debris.
You can choose to cover for loss or damage to your home contents as a result of the above mentioned insured perils. This comes with automatic protection on newly purchased items provided that you have notify the company within 30 days.
To ease your financial burden, you will receive financial assistance to cover any out-of-pocket expenses you incurred to cope during the challenging time when your home is unfit to live in.
You can opt to insure your valuable belongings such as jewellery, gold, watches, camera and handbags, against loss or damage even while you're travelling.
For additional protection, you can choose to cover you and your spouse against any legal liability for bodily injury or property damage experienced by others owing to your negligence.
If you wish to get the estimated rebuilding cost of your property to estimate the sum insured, you may use the Building Cost Calculator (BCC) on PIAM's website at the following link. http://www.piam.org.my/consumer/industry/building-cost-calculator-bcc/ and complete the questionaires provided. Please inform the Company if you wish to revise the sum insured. Any revision to the sum insured is subject to the Company's approval.
1. Why is the Building Cost Calculator (BCC) introduced?
The BCC is introduced to address under-insurance of building Fire and House Owner policies so that policyholders would not be inadequately compensated due to changes on their property value.
2. What is the function of the Building Cost Calculator (BCC)?
The BCC is a tool which provides estimated rebuilding cost based on the information provided by the home owners to estimate the sum insured.
3. What type of property the BCC can be applied?
The BCC can be applied to property such as residential properties and simple shop houses/offices. However, the BCC is not meant for use by individual unit owner of a non-landed property. For properties such as flat, apartment, service apartment, condominium, the BCC is available for use by Joint Management Body of the Property only.
4. How do I access the BCC?
You can click on the following link and complete the questionaires provided: http://www.piam.org.my/consumer/industry/building-cost-calculator-bcc/ If you are a AIA Life Planner, you may access the link in ALPP.
5. What do I do if I want to revise the sum insured after using the BCC?
You may contact your AIA Life Planner or simply write in to the Company to revise the sum insured. However, please take note that the BCC only provides estimated figures and it does not guarantee the actual amount that your property would be insured for.
Like what you've read? This is just a summary of our product. If you want more information, you can view our brochure or contact an AIA Life Planner.
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If there's a loss or damage, please
For liability claims:-
What's required for your application to be approved
Things that you won't be able to claim from this policy
Note: This list is non-exhaustive. Please refer to the policy contract for the full list of exclusions.