MSIG Malaysia

The benefit(s) payable under eligible product is protected by PIDM up to limits. Please refer to PIDM’s TIPS Brochure or contact MSIG Insurance (Malaysia) Bhd or PIDM (visit

We understand that, while every business is different, there is a common goal; growth and sustainability. That's why we go above and beyond with Business SafeGuard Insurance to provide you the flexibility to choose the cover according to your business needs. At MSIG, you and your business are at the heart of all we do. 

To understand this product better, you may refer to the benefits at a glance as below:

  • Flexibility to determine your own sum insured depending on your business risk exposure.
  • Comprehensive coverage for protection of your business against unexpected losses.
  • Competitive rates of purchased under a single policy.
  • Complimentary* Additional Coverages for Fire Insurance.

> Assistance Allowance of RM5,000

> Professional Consultation Fees up to RM50,000

  • E- Risk in Digital World.

> Electronic Funds Transfer

> Digital Cover

   a) Social Media Reputation Risk

   b) Restricted Cyber Risk Allowance

  • Terrorism and Sabotage Coverage.
  • One common expiry date.
  • You are insured with one of the largest general insurers locally and globally.

*With combined purchase of at least Sections A: Fire Insurance, B(I) Money and B(II) Burglary and Robbery.

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).

For simple shop houses and shop offices:

The Building Cost Calculator (BCC) is intended to use as a guide to help you in determining the estimated sum to be insured for your shop house or shop office.

You should review your sum insured and estimate the likely cost of rebuilding your shop house or shop office to its current specification.  This is to minimize the problem of under-insurance so that you will not be inadequately compensated in event of a loss.   

If you are buying a new shop house or shop office, it’s just as important that you estimate the potential cost of rebuilding it as this amount probably different from the price you had paid for the property. The estimated cost of rebuilding would be the Sum Insured on your policy.  

You are advised to consult an expert in rebuilding cost such as a registered valuer, quantity surveyor or licensed builder if your shop house or shop office has been extensively renovated and /or have unique non standard designs.

Please click to below link to PIAM website for the BCC calculator:

Customer Service Hotline

Our dedicated Customer Service Officers and staff will be happy to assist with your queries.