7 Things to Check Before Your Renewal
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The pre-renewal walk every Malaysian factory CFO should run with their intermediary 60 days out.
Built for the CFO, finance manager, or owner-director at a Malaysian factory in the 60-day pre-renewal window.
✔ Reinstatement value drift since last review; check for the average clause exposure on Fire and IAR
✔ BI/ILOP indemnity period set to repair-plus-recertification timeline (HACCP, GMP, JAKIM, MyKKP cycles)
✔ MB and EEI cover where machinery and electronic equipment values have grown; BPV under the Certificate of Fitness regime in P.U.(A) 99/2024
✔ WC for foreign workers via SOCSO Employment Injury Scheme since 1 January 2019; BOMBA Sijil Perakuan under the Fire Services Act 1988 in date
For Malaysian factory owners and CFOs across Selangor, Penang, Johor, and Klang Valley. Subject to policy terms and conditions. Foundation is a specialist property and engineering insurance intermediary, not a broker.
Bring this to your renewal conversation 60 days out.
Foundation Insurance Solutions is a registered and licensed insurance intermediary in Malaysia specialising in property and engineering insurance for industrial operations. We provide comprehensive coverage for manufacturers, contractors, and facility owners across construction, electronics, food production, and high-risk industrial sectors.
Riskflow Sdn Bhd (202101001225):
Suite 3.19 (North Block), The Ampwalk, 218 Jalan Ampang, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur
t: +60149256398 (Kevin)
email: kevin.hoong@getfoundation.com.my
