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:
> Assistance Allowance of RM5,000
> Professional Consultation Fees up to RM50,000
> Electronic Funds Transfer
> Digital Cover
a) Social Media Reputation Risk
b) Restricted Cyber Risk Allowance
*With combined purchase of at least Sections A: Fire Insurance, B(I) Money and B(II) Burglary and Robbery.
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: