Allianz General Insurance Company (Malaysia) Berhad has officially launched Smart Home Cover, a new, modular home insurance recently.
Featuring HouseOwner, HouseHolder, Mortgage Loan Installment Protection, HomeFix and Landlord Insurance, the Smart Home Cover allows customers to tailor make their home insurance that fits them to a T.
“Your home is the largest asset you own, so why is it that only 2 million homes in Malaysia are insured?  Cost and rigid home insurance products have always been the biggest factors that hold a customer back. Well, with Smart Home Cover – not anymore,” said Zakri Khir, Chief Executive Officer of Allianz General and Allianz Malaysia Berhad during the launch at Aloft Kuala Lumpur Sentral today.
“Our customers have always been our priority. So we put them at the heart of this product and have come up with a flexible home insurance that is customisable, value-for-money and I dare say, probably the only home insurance you will ever need,” added Zakri.
Smart Home Cover encompasses everything that a homeowner would need in a home insurance. The five components that will answer every homeowner’s woes are:
HouseOwner – Covers the residential building against damage;
HouseHolder – Covers the household contents;
Mortgage Loan Installment Protection – Covers the monthly loan installment in the event that the house is deemed temporarily uninhabitable due to insured events or evacuation by local authority exceeding 72 hours or the insured suffers accidental death or total permanent disablement;
Home Fix – Covers reimbursements in repairing burst pipes; repairs or temporary repair of doors, locks and windows arising from arising from theft; domestic help allowance and any home repair or service solicited through Allianz partners such as ServisHero and Recommend.my;
Landlord Insurance – Protects you from unruly tenants that cause damage to the home or runs away. The legal fee for issuing a Letter of Demand will also be covered by Allianz General.
In addition, Allianz agents are available to help you to determine the amount to insure your residential building for, on an agreed value basis. Customers who live in non-flood prone areas will also enjoy a discount on their HouseOwner premium.