3 ELEMENTS JMB, APPOINTED PROPERTY MANAGEMENT, ALL INDIVIDUAL UNIT PURCHASERS AS PROPERTY OWNERS AND ALL THE RESPECTIVE
FINANCIERS INSTITUTIONS AS MORTGAGEES F.T.R.R.&I.
Classes Of Insurance
Fire & Extraneous Perils
Public Liability
Burglary
Machinery Breakdown
Plate Glass
Money
Fidelity Guarantee
Restricted All Risks
Group Personal Accident
Error & Omission
VARIOUS CLASSES OF INSURANCE COVERAGE
COMPARISON FOR INSURANCE PROGRAMME 2023 / 2024 (PERIOD OF INSURANCE : 01.05.2023 TO 30.04.2024)
2023 / 2024 2023 / 2024 2023 / 2024
MPI GENERALI INSURANS BERHAD (PROPOSED) AMGENERAL INSURANCE BERHAD (PROPOSED) GREAT EASTERN GENERAL INSURANCE (MALAYSIA) BERHAD (PROPOSED)
Sum Insured / Limit Premium Rate Premium Premium Rate Premium Premium Rate Premium
Interest Insured Location of Risks Remarks Remarks Remarks
(RM) % (RM) % (RM) % (RM)
3 Elements - Fire & Lightning - Fire & Lightning - Fire & Lightning
On all movable and non-movable property of the Insured of every
Persiaran Putra Permai Selesa - Flood (applicable to Item 2 only) - Flood (applicable to Item 2 only) - Flood (applicable to Item 2 only)
description or held in trust or on commission not more specifically insured
Pusat Bandar Putra Permai - Impact Damage - Impact Damage - Impact Damage
for which they are responsible broadly described as follows :
43300 Seri Kembangan - Storm & Tempest - Storm & Tempest - Storm & Tempest
Selangor Darul Ehsan - Riot, Strike & Malicious Damage - Riot, Strike & Malicious Damage - Riot, Strike & Malicious Damage
263,800,000.00 - Water Damage - Water Damage - Water Damage
1. On Apartments, Office and Retail Mall Building consisting of business Occupied As : - Subsidence & Landslip - Subsidence & Landslip - Subsidence & Landslip
podium (3 storey), multi-level car paarks, 2 blocks of 1261 units (900 Units Private Dwelling / Residential Apartment / - Earthquake & Volcanic Eruption - Earthquake & Volcanic Eruption - Earthquake & Volcanic Eruption
- 18 storey), 1 block service apartment (361 units - 19 storey), 72 units of Shoplot / Office - Aircraft Damage - Aircraft Damage - Aircraft Damage
four & six storey building including all anxiliary building, bus stop, (Property Management) - Explosion - Explosion - Explosion
swimming pool, gym room, playground and multi-purpose hall including all
- Subsidence & Landslip - Deletion of Exclusion (a) - (applicable to Item 3 only) - Subsidence & Landslip - Deletion of Exclusion (a) - (applicable to Item 3 only) - Subsidence & Landslip - Deletion of Exclusion (a) - (applicable to Item 3 only)
structures, installation, connection underground, pipe works, wiring or
PIAM Code : 1008
cable forming part of the building but not limited to outbuilding, plant &
Additional Benefits : - Inconvenience Allowance of RM500.00 as the costs of cleaning and rectification
machinery, mechanical and electrical installations, ifts, pump equipment,
generator, equipment, furniture, fixtures & fittings, indoor or outdoor, soft Contruction Class : 1A - Inconvenience Benefit Due To Fire Or Flood works in case of property Insured is destroyed or damaged by Flood and Storm
& hard landscaping inclluding all art sculptures, gate, fences, awnings, (RM5,000.00 For Claim Amount Exceeded RM20,000.00) and Tempest resulting in the whole of your premises to temporarily close for
blinds, signs, car park, canopy and all kind of condominium facilities, - Removal Of Debris (Uninsured Property) - RM7,500.00 business or cease operation
guardhouse, management office, telephone system, air conditioning
- Temporary Repair And Protection Cost - Public Liability (RM1,000,000.00)
system, kitches and built-ins, refused, cameras / compactor and all other
installations, security system, fire fighting equipment, external walls, glass (10% Of Loss Or RM5,000.00 Whichever Is Lower)
window, water features, street lightnings, internal driveway, office - Terrorism And Sabotage Extension
equipment / contents and all other contents of every description belonging (10% Of Sum Insured Or RM1,000,000.00 Whichever Is Lower)
to the Insured held by them in trust or in custody, on commission they
have responsible
263,800,000.00
26,000,000.00
2. On All Properties Insured with Flood Extension from Basement To
Ground Floor & Top Floor (Sub-Limit)
3. On All Properties Insured with Subsidence and Landslip (deletion of 5,000,000.00
exclusion (a)) (Sub-Limit)
102,245.52 106,782.88 106,872.34
Less Rebate 13,291.92 Less Rebate 13,881.77 Less Rebate 13,893.40
88,953.60 92,901.11 92,978.94
6% SST 5,337.22 6% SST 5,574.07 6% SST 5,578.74
S/Duty 10.00 S/Duty 10.00 S/Duty 10.00
Total 94,300.82 Total 98,485.17 Total 98,567.67
To indemnify the legal liability to third parties for bodily injuries / death and 3 Elements 3,000,000.00 - Excess : Nil 350.00 - Excess : Nil - Excess : Nil
/ or property damage arising from accident happening during the period of Persiaran Putra Permai Selesa (any one accident / } } 6% SST 21.00 } }
insurance Pusat Bandar Putra Permai Unlimited for the period S/Duty 10.00
43300 Seri Kembangan of Insurance) INCLUDED INCLUDED Total 381.00 INCLUDED INCLUDED
(including all costs and expenses of litigation recovered by any claimant
Selangor Darul Ehsan
against the Insured and incurred with the written consent of the Insurer)
- Within Malaysia - } } } }
3 Elements 150,000.00 - Excess : Nil - Excess : RM500.00 on each and every loss - Excess : 10% of loss amount or minimum RM5,000.00 on each and every loss
On all movable and non-movable properties belonging to the insured (First Loss Sum Insured)
Persiaran Putra Permai Selesa } } } } } } - No Full Theft Cover
including but not limited to office equipment and contents, furniture, - without average
Pusat Bandar Putra Permai
fixtures & fittings, electrical fittings and installations, switches, lightings,
43300 Seri Kembangan INCLUDED INCLUDED INCLUDED INCLUDED INCLUDED INCLUDED
roller shutters and other contents not specifically mentioned situated in the
management office and within the common areas of the premises Selangor Darul Ehsan
} } } } } }
3 Elements 200,000.00 - Excess : Nil - Excess : RM750.00 on each and every loss - Excess : 10% of loss amount or minimum RM5,000.00 on each and every loss
On all mechanical & electrical, plant and machinery belonging to the Persiaran Putra Permai Selesa (First Loss Sum Insured) } } } } } }
Insured situated within the location of risks Pusat Bandar Putra Permai - without average
43300 Seri Kembangan INCLUDED INCLUDED INCLUDED INCLUDED INCLUDED INCLUDED
Selangor Darul Ehsan
Plate Glass of every description fixed in the Insured's premises including 3 Elements 100,000.00 - Excess : Nil - Excess : RM500.00 on each and every loss - Excess : 10% of loss amount or minimum RM5,000.00 on each and every loss
frames / framework, carpentry or metal works for a necessary Persiaran Putra Permai Selesa (First Loss Sum Insured) } } } } } }
reinstatement embossing or lettering Pusat Bandar Putra Permai - without average
43300 Seri Kembangan INCLUDED INCLUDED INCLUDED INCLUDED INCLUDED INCLUDED
Selangor Darul Ehsan
Money In Transit 3 Elements 80,000.00 - Damage to Premises (RM1,000.00) - Damage to Premises (RM1,000.00) - Damage to Premises (RM1,000.00)
Persiaran Putra Permai Selesa } } - Damage to clothing & personal effects of employee carrying the money } } - Damage to clothing & personal effects of employee carrying the money } } - Damage to clothing & personal effects of employee carrying the money
Money in Premises Pusat Bandar Putra Permai 80,000.00 (RM500.00) (RM500.00) (RM500.00)
43300 Seri Kembangan 1,350.00 - Theft by employees acting as messengers (within 7 days) 1,829.00 - Theft by employees acting as messengers (within 7 days) 2,000.00 - Theft by employees acting as messengers (within 7 days)
On Damage To Safe / Stongroom / Drawers / Cabinets/ Cash Register / Selangor Darul Ehsan 1,000.00 6% SST 81.00 6% SST 109.74 6% SST 120.00
Petty Cash Box / Premises S/Duty 0.00 S/Duty 10.00 S/Duty 10.00
- Within Malaysia - Total 1,431.00 Total 1,948.74 Total 2,130.00
On Limit Of Guarantee 100,000.00 - Discovery Period (within 12 months) - Discovery Period (within 12 months) - Discovery Period (within 12 months)
- All Employees - (any one occurrence and in } } - Auditors & Accountants Fees } } - Auditors & Accountants Fees } } - Auditors & Accountants Fees
aggregate) (RM10,000.00) (RM10,000.00) (RM10,000.00)
INCLUDED INCLUDED INCLUDED INCLUDED - Excess : RM250.00 on each and every loss INCLUDED INCLUDED
3 Elements 150,000.00 - Excess : Nil - Excess : RM500.00 on each and every loss - Excess : 10% of loss amount or minimum RM5,000.00 on each and every loss
On all movable and non-movable properties belonging to the Insured or Persiaran Putra Permai Selesa (First Loss Sum Insured) } } } } } }
property held in trust, custody & control and on consignment (limited to all Pusat Bandar Putra Permai - without average
properties as-built) including but not limited to office equipment and 43300 Seri Kembangan } } } } } }
contents, furniture, fixtures & fittings, electrical fittings and installations, Selangor Darul Ehsan
switches, lightings, roller shutters and other contents not specifically INCLUDED INCLUDED INCLUDED INCLUDED INCLUDED INCLUDED
mentioned situated in the management office and within the common
areas of the premises for which the Insured are jointly responsible, but } } } } } }
excluding personal properties or contents of individual properties / owners
} } } } } }
Death or Permanent Disablement occurring within twelve (12) months of 720,000.00 - Excess : Nil - Excess : Nil - Excess : Nil
Bodily Injury resulting solely and directly fromn an Accident by violent - Worldwide and 24-Hours - } } } } } }
external and visible means
- All 12 Council Members INCLUDED INCLUDED INCLUDED INCLUDED INCLUDED INCLUDED
- Death / Permanent Disablement (RM60,000.00 per person)
To indemnify the Insured against financial losses and defence cost only 3 Elements 2,000,000.00 0.058% 1,150.00 - Excess : Nil 0.050% 1,000.00 - Excess : RM2,500.00 on each and every loss 0.058% 1,000.00 - Excess : RM1,000.00 on each and every loss
arising from the provision of professional services. The Insurer will pay on Persiaran Putra Permai Selesa (anyone claim and Add 6% SST 69.00 - Libel and Slander (sub-limit RM200,000.00) Add 6% SST 60.00 - Libel and Slander (sub-limit RM200,000.00) Add 6% SST 60.00 - Loss Of Documents (Sub-limit : RM25,000.00 with excess of RM3,000.00 each
behalf of the Insured the Loss which the Insured is legally liable to pay by Pusat Bandar Putra Permai in the aggregate S/Duty 0.00 - Loss Of Documents (sub-limit RM200,000.00) S/Duty 10.00 - Loss Of Documents (sub-limit RM200,000.00) S/Duty 10.00 & every loss)
reason of any Claim first made against the Insured and notified in writing 43300 Seri Kembangan (inclusive of costs & expenses) Total 1,219.00 - Cyber Liability )Sub-limit RM200,000.00) Total 1,070.00 - Cyber Liability )Sub-limit RM200,000.00) Total 1,070.00 - Libel & Slander (Sub-limit : RM25,000.00 with excess of RM3,000.00 each &
to the Insurer during the Policy Period for Breach of Duty by reason of any Selangor Darul Ehsan - Employment Practices Liabilityy (sub-limit RM500,000.00) - Employment Practices Liabilityy (sub-limit RM500,000.00) every loss)
Wrongly Professional Act committed or allegedly committed by the
Insured on or after the Retroactive Date and solely in providing - Within Malaysia -
Professional Services arising out of the Insured’s business activities as
shown in the Schedule - Retroactive Date : 01.05.2021 -
ANNUAL PREMIUM Sub-Total 104,745.52 Sub-Total 109,961.88 Sub-Total 109,872.34
Less Rebate 13,291.92 Less Rebate 13,881.77 Less Rebate 13,893.40
91,453.60 96,080.11 95,978.94
6% SST 5,487.22 6% SST 5,764.81 6% SST 5,758.74
S/Duty 10.00 S/Duty 40.00 S/Duty 30.00
Total 96,950.82 Total 101,884.91 Total 101,767.67