This plan provides coverage for the loss or damage to declared goods shipped on all types of conveyances (sea, air, road and rail) from warehouse point-of-origin to warehouse point-of-destination, including incidental storage.
Extend to the following risks by paying additional contribution
War as provided under the Institute War Clauses (Cargo), Strikes as provided under the Institute Strikes Clauses (Cargo)
Marine Cargo Business.
The total annual contribution that you have to pay may vary depending on the risk exposure, our underwriting requirements and the sum covered for the property (marine cargo). Subject to a minimum contribution of RM75.00.
This plan does not cover certain losses, such as:
You may cancel your certificate by giving a written notice to us. Upon cancellation, you are entitled to a partial refund of the contribution provided you have not made any claim.
The benefit(s) payable under eligible product is protected by Perbadanan Insurans Deposit Malaysia (PIDM) up to limits. Please refer to PIDM’s Takaful and Insurance Benefits Protection System (TIPS) Brochure or contact Takaful Malaysia or PIDM (visit www.pidm.gov.my/en).
