Factory Insurance Buyer's Guide Malaysia
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The Malaysian factory insurance stack, explained for the CFO who has to sign the cheque.
Built for the CFO, finance manager, or owner-director at a Malaysian factory orienting against the property and engineering insurance stack for the first time, or after a switch.
✔ Fire (tariff and LSR), IAR with Stock Deterioration / MB / BPV / EEI extensions, and how they layer
✔ BI/ILOP indemnity period aligned to realistic restart and recertification timeline (HACCP, GMP, JAKIM)
✔ Pressure plant under the Certificate of Fitness regime in P.U.(A) 99/2024 (successor to the now-repealed Factories and Machinery Act 1967)
✔ WC for local workmen via SOCSO and foreign workers via SOCSO Employment Injury Scheme since 1 January 2019
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.
Forward this to your finance team before your next renewal conversation.
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
