Announcement: With more than ten years of combined experience through our affiliate partners
Announcement: Now offering comprehensive Contractor's All Risk (CAR) insurance for construction firms
Announcement: Get a free business risk assessment — contact us today at 011-5622 0151
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6 Coverage Segments

Comprehensive Cover
for Every Business Risk.

From employee welfare to engineering, marine and motor — explore our full range of corporate insurance and risk management solutions, each precisely tailored to your needs.
Employee Benefits
Asset & Property
Engineering
Liability
Marine
Motor Takaful
Employee Benefits
3
Protection Plans
EMPLOYEE BENEFITS

Protect Your People. Strengthen Your Team

Your employees are your most valuable asset. Our employee benefits packages are designed to protect their health, life and wellbeing — while helping you attract and retain top talent in a competitive market.
  • Tailored group plans for SMEs and large corporations
  • Competitive premiums via our affiliate insurer network
  • Annual review and renewal support included

Available Plans

1 Group Hospitalisation & Surgical (GHS)

Covers hospitalisation expenses, surgical procedures, and related medical costs for your employees and their dependants. Ensures your team gets quality healthcare without financial burden.

Hospitalisation Surgery Dependants

Group Term Life (GTL / GTT)

Provides life insurance coverage for your employees, offering financial protection to their families in the event of

Life Cover TPD Group Plan

Group Personal Accident (GPA)

Covers accidental death, permanent disability, and medical expenses arising from accidents — both during and outside working hours, providing 24/7 protection for your workforce.

24/7 Cover Accident Disability

Frequently Asked Questions

What is the minimum number of employees to qualify for group coverage?
Most insurers require a minimum of 5 employees for group coverage. However, we work with selected partners who can accommodate smaller teams. Contact us for a tailored solution.
Can we include outpatient coverage in the GHS plan?
Yes, outpatient coverage can be added as a rider to your GHS plan. This typically covers GP visits, specialist consultations, and prescribed medications subject to annual limits.
Are dependants (spouse and children) covered under these plans?
Yes, most group plans allow you to extend coverage to employees' dependants including spouse and children. Additional premium applies based on the number of dependants.
Asset & Property
3
Protection Plans
ASSET & PROPERTY

Safeguard What You've Built.

From commercial buildings to industrial equipment, your physical assets represent significant investment. Our property insurance solutions protect against fire, flood, theft, and other unforeseen events.
  • Comprehensive coverage for buildings, contents, and stock
  • Business interruption protection included
  • Competitive rates through our affiliate insurer panel

Available Plans

Fire & Allied Perils

Covers damage to buildings and contents caused by fire, lightning, explosion, and allied perils including storm, flood, and burst pipes. Essential coverage for any commercial property.

Fire Flood Storm

Industrial All Risk (IAR)

Comprehensive coverage for industrial premises including factories, warehouses, and manufacturing facilities. Covers accidental damage beyond standard fire policy.

Factory Warehouse All Risk

Business Interruption

Protects your revenue stream when insured perils disrupt operations. Covers loss of gross profit, increased cost of working, and additional expenses during the indemnity period.

Revenue Loss Downtime Recovery

Frequently Asked Questions

What is the difference between Fire Insurance and Industrial All Risk?
Fire Insurance covers specific named perils like fire, lightning, and explosion. Industrial All Risk (IAR) provides broader coverage including accidental damage, making it more comprehensive but at a higher premium.
Does property insurance cover natural disasters like floods?
Standard fire policies include flood and storm cover in Malaysia. However, there may be specific exclusions or sub-limits. We help you review the fine print so you understand your exact coverage.
How is the sum insured calculated for my property?
Sum insured should reflect the reinstatement value — the cost to rebuild or replace your property at today's prices. We recommend professional valuation to avoid underinsurance which can reduce claim payouts.
Engineering
3
Protection Plans
ENGINEERING

Engineer Confidence Into Every Project.

Construction and engineering projects carry inherent risks. Our engineering insurance solutions cover the full project lifecycle — from erection to testing and commissioning.
  • Coverage from project start to defects liability period
  • Third-party liability included as standard
  • Tailored for contractors, developers, and project owners

Available Plans

Contractor's All Risk (CAR)

Comprehensive coverage for civil engineering and building construction projects. Covers material damage to contract works, construction plant, and third-party liability.

Construction Material Damage Third Party

Erection All Risk (EAR)

Covers the erection, installation, and testing of machinery and steel structures. Protects against damage during assembly and commissioning phases.

Installation Machinery Testing

Machinery Breakdown

Covers sudden and unforeseen breakdown of installed machinery and equipment. Includes mechanical and electrical breakdown, short circuit, and operator error.

Breakdown Electrical Mechanical

Frequently Asked Questions

What is Contractor's All Risk (CAR) insurance?
CAR insurance provides comprehensive coverage for construction projects against physical loss or damage during the construction period. It typically covers the contract works, materials, construction plant, and includes third-party liability.
Is CAR insurance mandatory for government projects in Malaysia?
Yes, CAR insurance is typically required for government construction projects in Malaysia. Many private developers also require contractors to maintain CAR coverage as a contract condition.
Does engineering insurance cover the defects liability period?
Yes, most engineering policies can be extended to cover the defects liability period (also known as maintenance period), which typically runs 12 to 24 months after project completion.
Liability
3
Protection Plans
LIABILITY

Shield Your Business From Legal Exposure.

In today's litigious environment, a single claim can threaten your business. Our liability insurance protects you from third-party claims for bodily injury, property damage, and professional negligence.
  • Protection against third-party bodily injury and property damage claims
  • Professional indemnity for advisory and consulting firms
  • Directors & officers coverage available

Available Plans

Public Liability

Covers your legal liability for bodily injury or property damage to third parties arising from your business operations or premises. Essential for any customer-facing business.

Bodily Injury Property Damage Premises

Professional Indemnity (PI)

Protects professionals against claims of negligence, errors, or omissions in the services they provide. Covers legal defence costs and damages awarded.

Negligence Errors Defence Costs

Directors & Officers (D&O)

Covers personal liability of directors and officers for wrongful acts in their management capacity. Protects personal assets against claims from shareholders, regulators, or third parties.

Directors Personal Liability Regulatory

Frequently Asked Questions

What is the difference between public liability and product liability?
Public liability covers injury or damage caused by your business operations or premises. Product liability specifically covers claims arising from defective products you manufacture, sell, or distribute.
Do small businesses need professional indemnity insurance?
If your business provides professional advice, consulting, or services where errors could cause financial loss to clients, PI insurance is strongly recommended regardless of business size.
Does D&O insurance cover regulatory investigations?
Yes, most D&O policies include coverage for legal costs associated with regulatory investigations, inquiries, and proceedings against directors and officers.
Marine
3
Protection Plans
MARINE

Protect Every Shipment, Every Mile.

Whether you import, export, or transport goods domestically, marine cargo insurance ensures your shipments are protected against loss or damage throughout the journey.
  • Covers goods in transit by sea, air, and land
  • Single shipment or annual open cover available
  • Claims support with dedicated marine team

Available Plans

Marine Cargo

Covers loss or damage to goods during transit by sea, air, or land. Provides coverage from warehouse to warehouse including loading and unloading.

Import Export Transit

Marine Hull

Covers physical loss or damage to vessels including fishing boats, barges, and commercial ships. Includes hull, machinery, and equipment.

Vessel Hull Machinery

Inland Transit

Covers goods transported domestically by road or rail within Malaysia. Protects against accident, fire, theft, and overturning during land transportation.

Domestic Road Rail

Frequently Asked Questions

What does marine cargo insurance cover?
Marine cargo insurance covers physical loss or damage to goods during transportation by sea, air, or land. Coverage typically includes perils such as sinking, fire, piracy, collision, and natural disasters depending on the policy type.
What is the difference between single transit and open cover?
Single transit covers one specific shipment. Open cover (annual policy) automatically covers all shipments within the policy period, making it more efficient for businesses with regular shipments.
Who should purchase marine cargo insurance — the buyer or seller?
It depends on the trade terms (Incoterms). Under CIF terms, the seller arranges insurance. Under FOB or CFR terms, the buyer is responsible. We advise reviewing your trade contracts to ensure no gaps in coverage.
Motor Takaful
3
Protection Plans
MOTOR TAKAFUL

Drive With Confidence, Covered by Takaful.

Our motor takaful solutions provide Shariah-compliant protection for your personal and commercial vehicles. Competitive contributions with comprehensive coverage and fast claims processing.
  • Shariah-compliant coverage for all vehicle types
  • Competitive contributions via our takaful partners
  • Fast and hassle-free claims processing

Available Plans

Comprehensive Cover

Full protection covering own damage, theft, fire, and third-party liability. The most complete motor takaful coverage for your vehicle.

Own Damage Theft Fire

Third Party, Fire & Theft

Covers your liability to third parties plus protection against fire and theft of your own vehicle. A balanced option for cost-conscious vehicle owners.

Third Party Fire Theft

Commercial Vehicle Fleet

Tailored coverage for business vehicle fleets including lorries, vans, and company cars. Volume discounts available for larger fleets.

Fleet Lorry Commercial

Frequently Asked Questions

What is the difference between motor insurance and motor takaful?
Motor insurance is a conventional contract of indemnity. Motor takaful operates on the concept of mutual assistance (ta'awun) and is Shariah-compliant. Both provide similar coverage, but takaful distributes surplus back to participants.
Can I cover my commercial fleet under one policy?
Yes, we offer fleet motor takaful that covers multiple vehicles under a single certificate. This simplifies administration and typically offers better contribution rates than individual certificates.
How long does a motor takaful claim take to process?
Most straightforward claims are settled within 5-10 working days after all required documents are submitted. Complex claims involving investigations may take longer. We assist throughout the process.

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Corporate insurance and risk management consultancy helping SMEs and corporations across Malaysia safeguard their businesses and grow with confidence.
INFORMATION
  • BO1-A-9, Menara 2, KL Eco City
    3, Jln Bangsar, 59200 Kuala Lumpur
  • +60 11-5622 0151
  • admin@tacm.my
SERVICES
Employee Benefit
Asset & Property
Engineering
Liability
Marine
Motor Takaful
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