Transmenu powered by JoomlArt.com - Mambo Joomla Professional Templates Club

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