Public Liability Pds 2015

MSIG Insurance (Malaysia) Bhd (46983-W)
Head Office: Customer Service Centre, Level 15, Menara Hap Seng 2,
Plaza Hap Seng, No. 1 Jalan P. Ramlee, 50250 Kuala Lumpur
Tel +603 2050 8228, Fax +603 2026 8086, Customer Service Hotline 1800 88 MSIG (6744)
www.msig.com.my
PUBLIC LIABILITY INSURANCE

Product Disclosure Sheet
(Read this Product Disclosure Sheet before you decide to take out the Public Liability
Insurance. Be sure to also read the general terms and conditions.)
1. What is this product about?
This policy provides indemnity to you, up to the limit of liability, against all sums which you
may become legally liable to third party due to accidents arising from the course of business
occurring within territorial limits.
2. What are the covers / benefits provided?
This policy covers:

 All sums which you will become legally liable to pay for compensation in respect of:
 Accidental bodily injury
 Accidental property damage
 All costs and expenses of litigation
 Recovered by any claimant against you
 Incurred with our written consent
Duration of cover is for one year (except for project related risks). You need to renew your
insurance policy annually.
3. How much premium do I have to pay?
The premium that you have to pay may vary depending on our underwriting requirements, risk
exposure and limit of liability.
4. What are the fees and charges that I have to pay?
What you have to pay in addition to the premium Amount

 Goods and Services Tax 6% of Premium
 Stamp Duty RM 10.00
What is included in the premium Amount

 Commissions paid to the insurance agent (if any) 25% of Premium
Goods and Services Tax (GST) at the rate of 6% will apply to your insurance premium from 1
April 2015. As a consumer and policyholder, you are required to pay GST which shall form part
of the Terms and Conditions in your Insurance Policy.
5. What are some of the key terms and conditions that I should be aware of?
 Duty of Disclosure: It is the duty of the Proposer to disclose to MSIG Insurance

(Malaysia) Bhd (“Company”) a matter that (a) he/she knows to be relevant to the
decision of the Company on whether to accept the risk or not and the rates and terms
to be applied; or (b) a reasonable person in the circumstances could be expected to
know to be relevant. This duty of disclosure by the Proposer shall continue until the
time the contract of insurance is entered into, varied or renewed.
Product Disclosure Sheet - Public Liability Insurance 1

www.msig.com.my
 You must exercise reasonable care and safety precautions to prevent accidents.
 Excess, being the amount you have to bear before we indemnify you.
6. What are the major exclusions under this policy?
This policy does not cover:

 Employees of the Insured
 Loss or damage to property of the Insured or under the custody of the Insured
 Loss or damage due to bursting of boilers, economisers, vessels, apparatus of any kind
 Loss or damage caused by vibration or by the removal or weakening of support
 Environmental pollution, contamination, seepage
 Loss or damage arising in the course of or as a result of remedial or other advice or
treatment given
 Contractual liability
 Losses arising from vehicles licensed for road use
 Products liability and professional indemnity
 Liability occasioned by war, civil commotion, martial law, any act of terrorism
 Radioactive and nuclear
Note: This list is non-exhaustive. Please refer to the sample policy contract for the full list of
exclusions under this policy.
7. Can I cancel my policy?
You may cancel your policy by giving written notice to the insurance company. Upon
cancellation, you are entitled to a refund of premium being adjusted on the basis of us
retaining the customary short term premium or minimum premium. No refund premium is
allowed if there is a claim under the policy.
8. What do I need to do if there are changes to my contact/ personal details?
You must advise us in writing as soon as you are aware of any change in the employment,
occupation, duties or pursuits of any Insured Person, or any other change which may increase
the possibility of a claim under this Policy.
9. Where can I get further information?
Should you require additional information about Public Liability Insurance, please contact us
at:
Customer Service Centre:
Level 15, Menara Hap Seng 2, Plaza Hap Seng
No. 1, Jalan P. Ramlee
50250 Kuala Lumpur
Tel : (603) 2050 8228
Fax : (603) 2026 8086
Customer Service Hotline: 1800-88-MSIG (6744)
Email: [email protected]

www.msig.com.my
10. Other types of general insurance cover available.
 Fire Insurance
 Burglary Insurance
 Public Liability Insurance
IMPORTANT NOTE:
YOU MUST ENSURE THAT YOUR PROPERTY IS INSURED AT THE APPROPRIATE
AMOUNT. YOU SHOULD READ AND UNDERSTAND THE INSURANCE POLICY AND
DISCUSS WITH THE AGENT OR CONTACT THE INSURANCE COMPANY DIRECTLY FOR
MORE INFORMATION.
This information provided in the Product Disclosure Sheet is valid as at 1 April 2015.

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MSIG Insurance (Malaysia) Bhd (46983-W)

PUBLIC LIABILITY INSURANCE

1. What is this product about?

2. What are the covers / benefits provided?

This policy covers:

3. How much premium do I have to pay?

4. What are the fees and charges that I have to pay?

What you have to pay in addition to the premium Amount

What is included in the premium Amount

 Duty of Disclosure: It is the duty of the Proposer to disclose to MSIG Insurance

Product Disclosure Sheet - Public Liability Insurance 1

6. What are the major exclusions under this policy?

This policy does not cover:

7. Can I cancel my policy?

8. What do I need to do if there are changes to my contact/ personal details?

9. Where can I get further information?

Product Disclosure Sheet - Public Liability Insurance 2

10. Other types of general insurance cover available.

Product Disclosure Sheet - Public Liability Insurance 3

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