
Solar PV for Home
Protects your solar PV system from loss or damage caused by fire, theft, accidents and more.
Important notice
You must ensure that your property is insured at the appropriate amount. You should read and understand the insurance policy and discuss with your insurance adviser or contact the insurance company directly for more information.
MSIG Insurance (Malaysia) Bhd is a member of PIDM. 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 www.pidm.gov.my).
Key benefits
Comprehensive coverage against loss or damage to your Solar PV system
This coverage protects you against the financial loss associated with the failure or damage to your Solar PV system, which might result in a reduction of the energy savings you would normally generate. This includes lost of income from the system’s power generation, helping you recover financially from the downtime of your solar system.
Provides optional protection against loss of savings and loss of income
You can choose to cover for loss of income/savings as a result of downtime of your solar PV system as a result of indemnifiable damage.
Flexibility to choose
This feature offers you the flexibility to either select a pre-set plan with standard coverage limits or determine your own sum insured based on your specific risk exposure. This ensures that the level of coverage is tailored to your needs, allowing you to be adequately protected against any risks your Solar PV system may face.
Coverage
Read the product disclosure sheet and general terms and conditions before taking out this insurance. View downloads
- Fire
- Theft
- Accidental external means
- Optional - Loss of Savings or Loss of Income
Note: Duration of cover is for one year. You need to renew your insurance policy annually.
- Atmospheric conditions (other than lightning storm or tempest), wear and tear, deterioration, depreciation, any process of cleaning/dyeing, repairing or restoring
- Mechanical or electrical derangement
- War, nuclear, radioactive contamination, strike, riot, civil commotion, martial law, terrorism
- Confiscation by an authority
- Loss or damage to transmission lines/cables outside the insured premise
Note: This list is non-exhaustive. Please refer to the Policy Document for the full list of exclusions under this Policy.
Frequently asked questions
Please provide a written notice to the Company with full details within 15 days upon receiving notice of or sustaining any accident, loss or damage. You may contact any MSIG Branch or your Insurance Adviser to obtain a copy of the claim form. Submit the completed claim form here to the Company together with all relevant documents as soon as possible.
You may cancel the policy at any time by notifying us in writing. The Company may cancel this Policy by sending 14 days notice by recorded delivery letter or registered letter to your last known address. Any refund of premium is based on the short period rate basis and depends on how long the cover has been in force.
Please use the proposal form in the Downloads section, complete it, and send it to your Insurance Adviser or the nearest MSIG branch.
It is important that you inform MSIG of any change in your contact details to ensure that all correspondences reach you in a timely manner.
If you have a complaint about our product or services, or you are not satisfied with the rejection or offer of any settlement of a claim, you should first try to resolve the complaint with MSIG Customer Service Centre.
If you are still not satisfied with the decision, you can write either to the BNMLINK of Bank Negara Malaysia or the Ombudsman for Financial Services (OFS), free of charge.
Downloads
MSIG Solar PV for Home Insurance Brochure with PDS
MSIG Solar PV for Home Insurance Proposal Form
Ready to get covered?

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