AXA Fire Insurance For Strata-Titled Properties

Public Liability Insurance Malaysia
WhatsApp +6011-12239838
Arranged By
ACPG Management Sdn Bhd
http://wasap.my/+601112239838/PublicLiabilityinsurance

Alert for Responsible to arrange Public Liability Insurance Policy for all Renovation project, Event project, Exhibition project, Concert project, Construction project and all others public outlets for third party Liability coverage.

Renovation Public Liability Insurance Malaysia
Event Public Liability insurance Malaysia
Contractor All Risk Insurance (CAR) Malaysia
Er****on All Risk Insurance (EAR) Malaysia
Renovation Public Liability Insurance Malaysia
Installation Public Liability Insurance Malaysia
Public Liability Insurance Malaysia
Workmen Compensation Insurance (WC) Malaysia
Foreign Worker Insurance Malaysia
Construction Third Party Liability Insurance Malaysia
Legal Liability Insurance Malaysia
Third Party Liability Insurance Malaysia
Shopping Mall Public Liability Insurance Malaysia
Signboard Public Liability Insurance Malaysia
Road Banting Public Liability Insurance Malaysia
Building Property Public Liability Insurance Malaysia

Expertise in Public Liability Insurance Malaysia
Arranged By
ACPG Management Sdn Bhd
(Insurance Business since year 1989)
Head Office
158-3-7, Blok 158, Kompleks Maluri,
Jalan Jejaka, Taman Maluri, Cheras,
55100 Kuala Lumpur, Malaysia.
[email protected]
www.acpgconsultant.com
+603-92863323
+6011-12239838



****onAllRiskInsuranceMalaysia

26 November 2018 Monday

Workshop Training Program at Tunku Abdul Rahman University College (TAR University College)
Batch 261118A

ACPG Management Sdn Bhd (ACPG)Corporate News.

ACPG CEO and Founder Mr Anthony Chin appointed by Tunku Abdul Rahman University College as Chief Facilitator to Conduct Customise Workshop on Topic
" Malaysia Insurance Industry Overview Shared By ACPG
" for TAR University College students and Trainees from One of The Largest Japan Life Insurance Group, Workshop conducted by ACPG Management Sdn Bhd at the Tunku Abdul Rahman University College Kuala Lumpur Main Campus.

Japan Life Insurance Group send their Senior Division Head and Trainee for their Global Leadership and Development Training Program at Tunku Abdul Rahman University College for 3 weeks oversea training program.

The customise workshop training programme leading by ACPG Founder Mr Anthony Chin.

Mr Anthony Chin personal profile as below

Mr Anthony Chin,CEO, ACPG Management Sdn Bhd.
29 years experience in Malaysia insurance industry n marketing and management training program.

More than 29 years of experience in Financial Management and Business Development.
Former Senior Management in charge Asia Pacific Market from Hong Kong Public Listed Companies and Malaysia Public Listed Companies.

Appointed as Marketing and Corporate Training Consultant by a multitude of financial groups.
More than 1000 experience-sharing talks attended by sell-out audience.
Founder of “Power of Truth” Success Training Programme.
Founder and Principal Consultant of Malaysia Medical Insurance Organization (MMI).
Founder and Principal Consultant of Malaysia JMB Insurance Organization (JMBIM).
Appointed as Professional Insurance Instructor and Facilitator by Tunku Abdul Rahman University College (TARUC)

Workshop Held at
Tunku Abdul Rahman University College DKE Concourse, Block W,Kuala Lumpur Main Campus Jalan Genting Kelang,Kuala Lumpur, Malaysia

Corporate News.

Shared by
ACPG Management Sdn Bhd
Malaysia Experience Risk Managment Insurance Services Provider
158-3-7, Blok 158, Kompleks Maluri,Jalan Jejaka, Taman Maluri,55100 Kuala Lumpur, Malaysia.+603-92863323
[email protected].
www.acpgconsultant.com

Malaysia Strata Title Building Insurance, Malaysia Strata Title Fire Insurance, Malaysia Strata Title JMB Liability Insurance

Malaysia JMB Insurance Organization (JMBIM)
Your Trusted Malaysia Largest Strata Title and JMB Insurance Risk Management Advisory Organization
Head Office
158-3-7, Blok 158, Kompleks Maluri,
Jalan Jejaka, Taman Maluri, Cheras,
55100 Kuala Lumour, Malaysia.
(O) +603-9286 3323
(F) +603-9282 3232
(E) [email protected]
(W) www.jmbinsurance.com.my
(FB) www.facebook.com/jmbinsurance

Exclusively Designed for JMB's or MC only
(Joint Management Body or Management Corporation),
Strata Title Property Insurance and Property Management Liability Insurance

Arranged by
Malaysia JMB Insurance Organization (JMBIM)
Your Trusted Malaysia Largest Strata Title Insurance and JMB Liability Insurance Risk Management Advisory Organization

Strata Title Property Insurance and Property Management Liability Insurance

The Building and Common Property (Maintenance and Management) Act 2007(" The Act") coming into force on 12 April 2007 in the Peninsular Malaysia.

The powers and duties of the JMB are enumerated by Section 8 of the Act which stated
8. (1)(c) to insure and keep insured the building to the replacement value of the building against fire and such other risks as may be determined by the Body;
8. (1)(d) to apply insurance moneys received by the Body in respect of damage to the building for the rebuilding and reinstatement of that building;
8. (3) The Body shall be deemed—
(a) for the purposes of effecting any insurance under paragraph (1)(c), to have an insurable interest in the building equal to its replacement value or any value as determined by the Body; and
(b) for the purposes of effecting any insurance under paragraph (1)(d), to have an insurable interest in the subject matter of the insurance.
Interpretation:

The Joint Management Body must insured the following insurance:

1. Fire & All perils Insurance (Min perils Subsidence & Landslip, RSMD & BOW)

Building - For all the units that is individually own including all the common property.
In this case when the purchaser have a Loan with the Bank, the purchaser need not buy an additional insurance and can use the individual "Certificate of Insurance" issued from the Master policy.
It should include the following clauses:-
Reinstatement Value (valuation report by an accredited quantity surveyor at least once in 5 years)
Removal of Debris
Architect & surveyor Fee
Rent Clause

2. Public Liability Insurance
Legal liability to pay compensation for accidental bodily injury or accidental damage to the property to the Visitors for using the common property of the Building.

Under Section 4 Establishment of a Joint Management Body
(2) The Body established by subsection (1) shall be a body corporate having perpetual succession and a common seal.
(3) The Body may sue and be sued in its name.
(4) The Body shall comprise the developer and the purchasers.

Interpretation:

As the JMB is a body corporate the volunteered committee members can now be sued by the purchasers for Breach of Duty. An E&O or a PL policy to protected the personal liability of the individual committee.

3. Error & Ommission or Professional Liability Insurance

The Insurer will pay on behalf of any Insured all Damages resulting from any Claim for any Breach of Duty of the Insured.
N/B The policy should be placed immediately after the formation of the JMB.

Strata Title Risks Solution:

Products Offered:
Fire Insurance
Fire Consequential Loss Insurance
All Risk Insurance
Crime Insurance ( Burglary & Money Insurance)
Plate Glass Insurance
Machinery Breakdown Insurance
Public Liability Insurance
Property Terrorism
Error & Omission or Professional Indemnity for Joint Management Body (JMB) or Management Corporation (MC).

Malaysia JMB Insurance Organization (JMBIM)
Your Trusted Malaysia Largest Strata Title and JMB Insurance Risk Management Advisory Organization
Head Office
158-3-7, Blok 158, Kompleks Maluri,
Jalan Jejaka, Taman Maluri, Cheras,
55100 Kuala Lumour, Malaysia.
(O) +603-9286 3323
(F) +603-9282 3232
(E) [email protected]
(W) www.jmbinsurance.com.my
(FB) www.facebook.com/jmbinsurance