One of the ways businesses can make a positive impact to the environment is by using sustainable materials during construction of their business premises.
To assist businesses in their plans towards greater sustainability, MSIG now offers Built Back Better Green Clause which enhances your existing fire insurance coverage that covers the additional cost of replacing damaged materials with sustainable materials during rebuilding, according to the Green Building Index* (GBI) guidelines.
Terms and Conditions apply.
*GBI is Malaysia’s industry-recognised green rating tool for buildings to promote sustainability.
Dear Valued Customers,
Please be informed that an 8% Service Tax will be applied for all taxable general insurance policies where the insurance period commences on or after 1 March 2024 or where the insurance period spans across 1 March 2024 (calculated on a pro-rated basis).
MSIG reserves the right to collect any undercharged service tax for policies processed before 1 March 2024 where the insurance period spans across 1 March 2024.
You are obligated to pay any applicable taxes including but not limited to service tax and stamp duty that are imposed by the Malaysian tax authorities in relation to your Policy.
We are in the midst of updating our brochure and product materials to reflect the Service Tax. The materials will be ready in due course.
If you have any queries, please contact our Customer Service Hotline: 1-800-88-MSIG (6744).
Our dedicated Customer Service Officers and staff will be happy to assist with your queries.
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