Think your home is safe? Think again.

16 May 2023

THINK YOUR HOME IS SAFE?
THINK AGAIN.

Here's why Fire Insurance is a no-brainer.

Imagine this:

You returned home from a vacation, after escaping from the stresses of life. However, you are struck with devastation as your home has been completely destroyed by a fire. All your possessions, memories and sense of security reduced to ash.

It’s the rainy season, and suddenly water pours into your home. Furniture floats around you as your prized possessions are destroyed. You wonder how you will recover from this.

A landslide swallows your home completely. Amidst the chaos, you find cracked walls, the roof caved in under the weight of debris and your family members injured.

Do you have sufficient funds to cater for temporary shelter, fixing your home and medical bills for the family?

In scenarios like these, having fire insurance can make all the difference!

Did you know

Fire Insurance does not only cover fire incidents but also...

Lightning

Flood

Landslide

And other perils

HOW DO I KNOW WHAT TO PROTECT?

It depends on the type of home you live in.

If you're on landed property
(i.e. bungalow, terrace, semi-detached house)

Is your home built on full brick or partial brick?

Full brick
Made of solid brick, cement & concrete floors. (i.e., layered with parquet, vinyl, wooden or other types of floor layering)

Partial brick
Made of partially brick, concrete, wood, and/or glass.

Normally, full brick properties are only insured since partial brick properties have higher risks of getting damaged

If you are on a high-rise property
(i.e. condominium, apartment, flat)

Depending on your property type, your home may have fire insurance purchased by the Joint Management Body (JMB). However, this only covers the damage of the building, not your belongings in your home.

This is why It is always recommended for you to insure the content of your home including furniture, electronic appliances so that you could repurchase these items if an unfortunate event were to happen

In summary...

Landed Property
Always remember to only insure the rebuilding cost and not the market value of your house.

High-rise Property
The building is insured by JMB but not your personal belongings within.

How much should I insure my home for?
You can use the calculator provided by PIAM (Persatuan Insurans Am Malaysia) by clicking here.

Finally, make sure your fire and
home insurance include these

Cash to rebuild your home after damaged

Cash to repurchase the furniture in your home

Cash to temporarily relocate your families to a safer place

Cash for medical treatment for any injury occured

Now that you know all about fire insurance, head over to your Touch n' Go eWallet app to get SafeHome! The only plan that allows you to customise your coverage and pay for only what you need.

Start protecting your home now before it's too late.