Select your country and language
Singapore
Malaysia
  • English
Indonesia
Brunei

Condo Insurance

Print

Condo and Property Insurance Quote

The Condo Insurance Plan is an all-in-one insurance plan covering the property against fire and other related risks. This insurance will ensure that ]the building is protected and complies with the Building and Common Property (Maintenance & Management) Act 2007.

The plan provides the following insurance coverages: 

  • Fire 
  • Money 
  • Burglary 
  • Plate Glass 
  • Fidelity Guarantee 
  • Machinery Breakdown 
  • All Risks 
  • Public Liability 
  • Error & Omission

Table of benefit

Section I: Fire Insurance
Interest insured
Building (excluding foundation) as defined in Section 2 of the Act, machinery and equipment and all contents in Management Office.
sum Insured to be provided by insured.
Section II: Combined all risks insurance (for JMB / MCO)
To be sold strictly together with Fire Insurance on Condominium / Apartment
 
Interest insured

Money insurance

  • On money in premises: RM10,000.00 limit of liability any
  • On money in transit: RM10,000 One accident

Bulgary insurance

  • On all property of every description belonging to the Insured or held by them in trust or on commission including business furniture, fixtures and fittings, office plant, machinery and equipment.
  • Sum insured: RM50,000.00

Plate glass insurance

  • On all plate glass: RM50,000.00

Fidelity guarantee insurance

  • On all employees
  • Amount guarantee: RM30,000.00
    (any one employee and in the aggregate)

Machinery breakdown insurance

  • On all machinery related to the insured's business (lift, air-conditioners, generators, transformers, fire-fighting equipment and the like).
  • Sum insured: RM 100,000.00

All risks insurance

  • Excluding Fire & Extraneous Perils as provided for and insurable in accordance within the Fire Tariff and Burglary
    On all types of office machines and equipments on leased, hired or rented.
  • Sum insured: RM100,000.00

Public liability insurance

  • Limit of indemity RM1,000,000.00 any one occurence
Section III: Error & omission insurance
To be sold strictly together with Fire insurance on Codominium / Apartment
 
Interest insured
  • Third party liability (optional cover)
  • Limit Of Indemnity: RM500,000.00 any one occurrence / in aggregate
  • Deductibles: RM5,000.00 any one occurrence
  • Limit Of Indemnity: RM1,000,000.00 any one occurrence / in aggregate
  • Deductibles: RM10,000.00 any one occurrence
  • Limit Of Indemnity: RM2,000,000.00 any one occurrenc / in aggregate
  • Deductibles: RM10,000.00 any one occurrence


Note:

Subject to Great Eastern’s standard terms, conditions & exceptions of Fire, Combined All Risks and Error & Omission Insurance Policies.

Get this plan

Should you require any further product information, you may call us at 1300-1300 88 (press “2” for General Insurance). Alternately, you may email us at gicare-my@greateasterngeneral.com.

Back to top
Need help
For General Insurance
For Group Insurance
Enrol with us
Contact us
Great Eastern Holdings Ltd | Great Eastern Life Assurance Co Ltd | Great Eastern General Insurance Ltd
Great Eastern Holdings Ltd | Great Eastern Life Assurance Co Ltd | Great Eastern General Insurance Ltd