AIG Premier Client Solutions - Home Insurance not only covers your building - it also covers your home contents and personal valuables. 

Our most popular features include :

Section 1: Houseowners Building

• Protection against specified risks such as natural disasters, burglary, and liability within the premises.

Section 2: Home Contents All Risks

• Protection against accidental damage and/or loss of your home contents in most situations unless a specific exclusion applies.

• Additional types of coverages such as expenses incurred for tree removal, leakage from air conditioners, alternative accommodation, boarding for pets, and forced evacuation.

Section 3: Worldwide Personal Effects All Risks

• You can choose to extend your policy so it covers all physical loss or damage to you or your family’s personal effects and valuables that are regularly carried on your person, no matter where you go.

Section 4: Worldwide Personal Liability

• You can choose to extend your policy so it covers your liability against third party injury and/or physical damage to third party contents, no matter where you go.

Home & Property Insurance — Frequently Asked Questions

What every PJ homeowner and tenant should know about protecting their property.

Q: What is the difference between houseowner and householder insurance?

A: Houseowner insurance covers the physical structure of the building — walls, roof, flooring, fixed fittings, and built-in fixtures. It is relevant if you own the property. Householder insurance covers the contents inside the home — furniture, electronics, appliances, clothing, and personal belongings. If you are a tenant, you only need householder insurance (you don't own the building). If you own the property, you need both — houseowner for the structure and householder for the contents.

Q: My property is on a mortgage loan. Do I need houseowner insurance?

A: Yes, and in most cases your bank requires it. When you take a housing loan in Malaysia, the bank insists on a houseowner insurance policy (or MRTA/MLTA for life coverage) to protect their interest in the property. The sum insured must cover the rebuilding cost of the property, not the market value or the outstanding loan amount. Rebuilding cost and market value are different — market value includes the land, which doesn't need to be insured.

Q: How much should I insure my home for?

A: Your sum insured should be based on the rebuilding cost of the structure — what it would cost to rebuild the property from scratch if it were destroyed — not the property's market value or your purchase price. Rebuilding cost covers labour, materials, and professional fees. It does not include the value of the land. Your insurance agent can help you calculate a more accurate figure.

Q: Does home insurance cover my belongings if my house is broken into?

A: Yes, provided you have a householder insurance policy with a theft or burglary rider. Most comprehensive householder plans include theft as a standard covered event. You will need to make a police report within 24 hours of discovering the break-in to support your claim. High-value items such as jewellery, laptops, branded bags, and watches may have individual item limits — check your policy schedule and consider listing high-value items specifically if they exceed those limits.

Q: Does home insurance cover damage caused by my tenant?

A: Standard houseowner and householder policies are designed for owner-occupiers. If you rent out your property, deliberate damage by tenants may not be covered under a standard policy. Some insurers offer landlord insurance or rental property endorsements that extend coverage to tenant damage and rental income loss. If you are renting out your property in PJ, speak to your agent about whether your current policy adequately covers your situation as a landlord.

Q: Is my home covered if I leave it vacant for a long period?

A: Most home insurance policies have a vacancy clause — if the property is left unoccupied for more than 30 to 60 consecutive days (varies by insurer), certain coverage may be suspended or voided. This is relevant for Malaysians who travel frequently or own a second property. Notify your insurer or agent if your property will be vacant for an extended period so they can advise on any adjustments or extensions needed. 

Unsure if your home is properly covered? WhatsApp us