MCIS ZURICH Insurance Berhad

HOMEPLUS

FAQ

Q: Can I buy the home contents( section 1) section only?

A: No. The 3 sections in Homeplus are compulsory.

Q: What is the rate for home contents? Is there any minimum premium on it?

A: Rate for home contents is 0.8% of its sum insured and the minimum

premium is RM100.

Q: What is the consequential if I don't itemise the contents exceed RM2,500?

A: The company will pay up to a limit of RM2,500 any article not specified in

the policy schedule or up to the sum insured for items specified in the

policy schedule and as per basis of settlement.

Q: What is the limit of sum insured for jewelleries, precious stones, work of

art, watches, antiques, furs, curios, etc that are exceed RM1,000?

A: The combined sum insured on these items is 1/3 of the total sum insured

and it must be itemized with individual amount against each item in the

policy schedule and as per basis of settlement. Supportive documents

such as invoices/receipts or valuation reports must be provided.

Q: Is loss of or damage to contents within fenced compound benefit

applicable to those open concept houses?

A: No. The reference to property within fenced compound is for "own fenced

compound". It does not apply to buildings without own fenced compound,

eg.open concept buildings, apartments, condominiums, etc.

MCIS ZURICH Insurance Berhad