ALLIANZ BUSINESS SHIELD

Customisable, flexible and most affordable business insurance & solution that looks out for any and all businesses, no matter big or small
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Why Do SME's Need Allianz Business Shield?

Every Malaysian business is as unique as the products and services the business provides. There’s no ‘one-size-fits-all’ as Malaysian business can vary greatly from business to business. That is why Allianz Business Shield offer comprehensive solutions with added flexibility that allows you to customise the types of coverage you need for your business at a sum insured tailored to your budget

Flexible & Customisable Coverage

Enjoy the flexibility to customise the coverage of your protection and have it tailored to a sum insured of your choice.

All you need is a base coverage of Fire Insurance and you can add-on up to 17 more additional covers. Only pay what you need or want to protect at present.

Let’s take a look at what are the add-ons are on the next slide.

Protect Against Business Exposure

  • Public Liability
  • Employer’s Liability
  • All Risks

 

Safeguard Business Assets

  • Burglary
  • Money In Premise
  • Money In Transit
  • Machinery Breakdown
  • Deterioration of Stock
  • Mobile Plant & Equipment
  • Increased cost of working
  • Data Media Cover
  • Fidelity Guarantee
  • Goods In Transit
  • Glass
  • Electronic Material Damage

 

Look after your Employee

  • Workmen’s Compensation
  • Group Personal Accident
  • Allianz Hospital Income

 

Customisable Sum Insured

Only Pay for the amount of coverage you need . Enjoy the flexibility to customise your Sum Insured to what you can afford at present! If you would like to Increase or decrease your amount in the future, we’re just a call away to help you.

As times change, so does the extent of your coverage. We’ve made the necessary tweaks and improvement to ABS, so that we can cater for your business needs in this day and age. ABS also includes these additional coverage which we will explain on the next slides.

Interesting Product Features

Inconvenience Relief Benefit

What is it?

Inconvenience Relief Benefit (IRB) is the perfect solution for mid-sized SME’s. Enjoy extensive coverage with half the paperwork should your business be interrupted by fire or other extended perils including infectious or contagious disease that need to be reported to the health authorities (Such as COVID-19). We’ll help you stay afloat with a daily cash allowance should the unexpected happen

Inconvenience Relief Benefit

What Does it cover?

  • A quick & straightforward claim process to pay up to RM2,000 per day up to 180 days (based on total sum insured) when:
  • There is a loss of more than 15% of the Building Sum Insured, OR;
  • Losses that prevent access to premise s in excess of 72 hours after the loss
  • IRB also covers one-time business inconvenience due to notifiable diseases, such as COVID-19 (Limit up to 14 days for the period of insurance for IRB)

Profit Shield

What is it?

Profit Shield is the latest solution for smaller-sized SME’s. It provides your business with protection for any loss in profit due to an unfortunate incident covered under Profit Shield.

Profit Shield

What does it covers?

Profit Shield pays a daily amount in the following circumstances :

  • There is a loss of more than 15% of the Total Sum Insured; OR
  • You are prevented from accessing your premises in excess of 72 hours after the loss or damage to your premises

(Continue on next slide)

     

    Profit Shield

    What does it covers?

    Where a notifiable disease manifests within your premises and results in the restriction of use of the premises by order of the relevant public authority, Profit Shield cover the lower of:

    • The cost incurred for one-time disinfecting services for your premises and your employees’screening and testing kits; OR
    • Total daily amount payable for the indemnity period.

     

    Allianz Hospital Income

    What is it?

    A new product available for purchase with Allianz Business Shield! Allianz Hospital Income offers you an affordable medical coverage for all your employees.

    We’ll help you prioritise their well being on a budget without compromising on protection with its flexible features. While your employee focus on recovery, they will receive a daily allowance for up to 60 days of hospitalisation due to accidents, illnesses, or even diseases.

     

    What does it cover?

    • Provides daily hospital income benefit
    • Cover up to 60 days upon hospitalisation due to accidents, ilnesses, or diseases

    Ready To Get Started with Allianz Business Shield?

    Now that we’ve gone through everything you need to know about Allianz Business Shield, let’s put together a plan that works for you!

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    Still not satisfied? Need further explanation?

    Contact us! and let us know on your concerns, we will explain and advise the best combinations to fit your business budget and needs.

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