MSIG Third Party, Fire & Theft Plus is a third party, fire and theft policy that provides insurance coverage against liability to other parties for injury or death, damage to other parties’ property, fire damage or theft of your vehicle. It is also extended to provide roadside assistance due to the breakdown of your car and inconvenience allowance due to flood.

This policy covers: 

• Third Party bodily injury or death;
• Third Party property loss or damage;
• Loss or damage to your own vehicle due to fire or theft;
•  MSIG Motor Assist; and
• Inconvenience Flood Allowance – pays you an allowance of RM1,000* in the event of damage to your vehicle due to flood.

*Terms and conditions apply
Note: It is an offence under the laws of the Republic of Singapore to enter the country without extending passenger liability cover to your motor insurance.

Duration of cover is for one year. You need to renew the insurance cover annually.

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).

A comparison of coverage and example premium between MSIG Third Party, Fire & Theft Plus Insurance and third party, fire and theft private motor policy is illustrated in the table below:

**Exclusive of 8% Service Tax and Stamp Duty.

With the phased motor liberalization, the premium you may need to pay is based on risk characteristic. The greater the potential risk, the higher the premium. The lower the potential risk, the lower the premium.
Example:

The sum insured is based on current market value of the vehicle based on the reference to ISM-ABI vehicle valuation database system.
No Claim Discount – The premium payable may be reduced if you have No Claim Discount (NCD) entitlement. NCD is a ‘reward’ scheme for you if no claim was made against your policy during the preceding 12 months of policy. Different NCD rates are applicable for different classes of vehicles:

You are obligated to pay any applicable taxes (which include but not limited to service tax and stamp duty) imposed by the Malaysian tax authorities in relation to your policy.