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 The Malaysian Bar, ACE Insurance and Jardine Lloyd Thompson Insurance Brokers
have entered into an agreement recently to launch the “Malaysian Bar Insurance
Program”.
This insurance program is aimed at offering comprehensive insurance packages
specially tailored for Malaysian Bar members and employees at competitive rates.
ACE Insurance will be paying a fee of RM 20,000 to the Bar Council for this
program. In addition, ACE Insurance has also pledged to actively support events
and seminars organised by the Bar Council by way of sponsorship amounting to RM10,000 per year.
ACE Insurance, a general insurance company with its headquarters in Bermuda, has
a wide range of robust product portfolios, which includes traditional Accident &
Health and Commercial insurance programs and products for employers and their
employees.
The insurance program will kick off in April 2008 with the introduction of a
complimentary accidental disability cover for one year worth RM100, 000 (subject
to terms and conditions) to all members of the Bar, if the required information
in the enrollment form which will be mailed out to you soon is provided to ACE
Insurance.
This program with ACE Insurance is another project initiated by the Bar Council
to generate income and not to totally depend on yearly subscriptions from
members to administer the main fund.
Each member signing up for any of the insurance packages offered by ACE
Insurance will also be indirectly contributing to the income derived by the Bar
Council from this project. The Bar Council will receive 3.0% to 4.5% of the
premiums paid as the commission from this program.
Jardine Lloyd Thompson Insurance Brokers on our behalf; will review the program
on a quarterly basis. They would also oversee the status and handling of all
claims. This ensures that Members who purchase insurances via this program would
have their claims resolved promptly.
For more information on this, please visit
www.aceinsurance.com.my or look
for ACE link in
www.malaysianbar.org.my.
George Varughese
Treasurer
ACE – MBC (A&H Insurance Products)
Advantage Protector Plus Plan
A high value protection plan that pays RM350,000 in cash in the event of an
accidental death due to bodily injury. This plan also covers RM3,000 medical
reimbursement if you incur medical expenses following a bodily injury. It also
pays hospital cash income of RM400 a day for up to 730 days if you are confined
in a hospital due to bodily injury. You will also receive a 30% cash back bonus
of the total premiums paid during the policy year which will be returned to you
regardless of any claims you may have made during the policy year!
Famili EduKids Plan
This is a personal accident plan that covers you for accidental death,
accidental disability, accidental hospital income and medical expenses arising
from bodily injuries. This plan also takes care of your loved ones, particularly
your children by providing them with a waiver of tuition fees up to RM40,000 and
living expenses up to RM1,000 per month (up to 18 months or upon completion of
studies, whichever is earlier) in the event of the insured’s demise due to an
accident.
Triple Hospital Care Plan
This is a unique hospital plan that pays the Insured for hospitalization due to
accidents or sickness up to RM300 per day; the benefits are DOUBLED if the
insured is hospitalized overseas and TRIPLE for hospitalization in an intensive
care unit. You can purchase surgical benefits up to RM10,000.
Family Care Plan
Family Care Plan is a unique personal accident plan that provides high value
protection to the insured up to RM300,000 and also to their family members from
accidental death and disability. In addition, a daily accidental hospital income
of up to RM300 per day and accidental medical expenses of up to RM6,000 per
accident is provided to ease the medical bills. Legally dependant children of up
to 18 years or under 23 years (if he/she is a full time student at a recognized
school/college/university) is eligible to receive a 10% of the said protection
and income benefits at NO EXTRA COST.
Premier Lady Care Plan
This plan is specially designed for ladies to enjoy peace of mind and financial
protection against women-specific cancers. A lump sum tax-free cash benefit up
to RM50,000 is paid to the insured as and when any women specific cancer is
diagnosed and confirmed by a qualified pathologist. This plan also comes with a
daily hospital income of up to RM100 a day up to 60 days should any of the women
specific cancer is diagnosed and hospitalized.
Golfers Insurance
The ACE Golfers Insurance is specially designed for golfers. It provides
comprehensive personal accident coverage for golfers covering accidental death
and permanent disablement due to an accident up to RM300,000 locally and up to
RM600,000 if the accident occurs overseas. Accidental medical income is also
provided in this from RM2,000 locally and up to RM200,000 if the accident and
claim happens overseas. There is also a personal liability coverage (applicable
whilst at the premises of golf clubs excluding USA/Canada) up to RM500,000
locally and RM1,000,000 overseas. This plan also comes with medical evacuation
and repatriation which covers you up to RM300,000 if you are overseas. There is
a cash payout for a Hole In One of RM1,000 locally and RM2,000 in overseas!
Personal Lines
Motor
Motor insurance is a product which provides liability and
physical damage coverage to motorists who operate vehicles on public roads.
Coverage:
Core coverage includes physical damage, fire, theft,
vandalism as well as third-party liability arising out of collision of insured
vehicle. In addition to the core coverage, this policy provides value-added
services such as roadside assistance and personal accident & health coverage.
Benefits:
• Zero excess at our panel workshops (nationwide PIAM
approved workshops)
• Parts for parts replacement
• 6 months repair warranty
• After repair re-inspection
• Renewal reminder service
• 14 days Own Damage Claim Approval (Upon submission of full documentation)
• Free Breakdown Assistance or Free Promotional gift item for Comprehensive
cover
• High allowance for towing charges in breakdown service – up to RM300 per
occurrence.
Windscreen Cover
Your vehicle's windscreen protects you from the effects of
wind, rain and dirt. Yet, it takes just a small, wayward stone to damage your
windscreen. Such an occurrence cannot be avoided but you can protect yourself
from financial losses arising from these frequent occurrences with our
Windscreen Cover.
Coverage:
Covers damage to both the front and back windscreens,
inclusive of side windows.
Benefits:
• No Claim Discount (NCD) will not be affected when a
windscreen damage claim is made.
• Replace windscreen with safe laminated double layered glass.
• Hassle-free claim settlement. No police report is required for windscreen
repairs carried out at any one of our approved panel workshops.
• Competitive premium
Windscreen Specialist
ACE is one of the pioneer insurers to develop a solution to ease the process of
windscreen claim. We have gathered some of the renowned and most experienced
windscreen repairers in the industry and introduced the ACE Windscreen
Specialist scheme.
This scheme enlists innovative benefits such as:
1) Minor damage (hairline cracks, chipping, denting, etc) can
be repaired with the latest technology without any defects or need to change the
whole windscreen.
2) The scheme allows multiple claims, maximum up to the
Windscreen Sum Insured of the policy.
ACE HomeGuard
More than just a house, your home is where the heart is. It is where you have
invested a lot of time, effort and money. However, it could be ruined overnight
due to burglary, fire or natural disasters. While heartache may be unavoidable,
you can control your financial losses with our Home Contents coverage.
Coverage:
This plan insures the contents of your home, including your
furniture, fittings, and all other contents belonging to you, kept in your home.
The contents can include items such as fans, air-conditioners, light fittings,
refrigerator, washing machine, microwave oven, kitchen appliances, TV, etc.
ACE Home Guard offers protection against damage or loss due to:
• Fire, explosion and lightning
• Bursting or overflowing of water tanks, apparatus or pipes
• Aircraft damage
• Earthquake, Volcanic Eruption
• Flood
• Hurricane, Cyclone, Typhoon, Windstorm damage
• Theft or Burglary
• Impact Damage
• Liability to Public (within the home premises)
ACE COMMERCIAL BUSINESS
ACE OFFICE GUARD
It gives you the freedom to pick and choose from a range of optional coverage’s
to go along with the basic Fire package. With such flexibility it gives you
choices to tailor your insurance needs to suit your firm wants and maximize on
savings.
• Fire & Perils
• Business Interruption
• Burglary
• Money
• All Risks
• Public Liability
• Personal Accident
BENEFITS AT A GLANCE:
• Flexibility to pick and choose among six other existing
covers as an addition to the basic Fire Insurance coverage
• High sum insured of up to RM5,000,000
• Affordable Personal Accident plans for your staff up to a sum insured of
RM100,000 
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Malacca Bar: Conference on the Roadmap to Local Government Elections 
Circular No 181/2008 : 22nd Sultan Azlan Shah Law Lecture
