Fire vs IAR Comparison (Malaysia)
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Fire-only is cheaper and simpler. IAR is broader but only as broad as the extensions you arrange. The right cover depends on where your machinery, your stock, your downtime, and your recertification timelines actually sit.
Designed for the CFO, finance manager, or owner-director at a Malaysian factory at the renewal decision point.
✔ Side-by-side comparison across 9 risk areas: perils, sum insured basis, BI, MB, EEI, BPV, stock deterioration
✔ Four thresholds where fire-only stops making sense
✔ Pre-renewal checklist for the renewal conversation
✔ Average condition and reinstatement vs book value explained
References Fire Services Act 1988 (Act 341), OSHA 1994 as amended by Act A1648, and the P.U.(A) 99/2024 Certificate of Fitness regime. For Malaysian factory CFOs and operations directors. Subject to policy terms and conditions. Foundation is a specialist property and engineering insurance intermediary, not a broker.
Bring this to 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
