AIA A-Essential Home

The greatest treasures of your home are usually inside it. So, get yourself a comprehensive insurance coverage to protect all the contents of your home from all kinds of threats. Whether it be individual or stems from a natural peril.

AIA A-Essential HomeContent Coverage
Home Repairs
Not Covered
Rent Insurance
Covered
Death Benefits
Not Covered
TPD Benefits
Not Covered
Personal Liability
Covered

Coverage

How much you can claim for AIA A-Essential Home

Home PropertyTotal Amount Covered For Damages To The Building, Not Exceeding The Property Value.
Flexi
Home ContentsValue claimable for house contents if damaged is caused by any of the events covered.
Flexi
House RepairsFor repairs to house property that are caused by events covered under this plan.
Not Covered
Rent InsuranceLandlord insurance if you cannot collect rent because the house is uninhabitable.
up to 10%of total sum insured
Cash ProtectionCash value that is insured against lost for incidents covered under your plan.
As Chargedin any one period of insurance
Jewellery & ValuablesAmount covered for loss and damage to your jewellery and other personal valuables.
up to 5%whichever is higher
House ValuablesInsured amount for select house valuables that are covered under your plan.
up to RM20kon newly purchased items only
Door LocksFor charges to replace house doors and locks due to damage.
up to RM500in any one incident
Refrigerator ContentsFor the cost to replace damaged contents in the refrigerator.
up to RM500in any one period of insurance
Cash AllowanceCash amount that you can claim if the house becomes uninhabitable.
up to RM2kin any one period of insurance
Personal LiabilityCoverage for damage or injuries to another person at your house i.e. third party insurance.
RM250k - RM1m
Public LiabilityCoverage for public claims due to damage or injuries caused by your house property.
up to RM50k

Coverage Type

  • Fire
  • Flood
  • Water Tanks Or Pipes
  • Explosion
  • Impact Cover
  • Aircraft And Aerial
  • Theft
  • Riot Strike

How to Claim

Who do I contact if I have a question or emergency?

Home Insurance Claim Hotline

To make your claims with AIA Insurance you will need to first notify them off the incident that caused the loss or damage you are reporting. Then you will need to compile an extensive list of documents to submit before your claims can be processed.

You will need to make a written notice and a description of the incident for processing. Request that AIA send you a Claims Form and attach both the notice and description to the claim form. On top of that you will need the following list of documents, especially for fire related claims;

  • Police report
  • Fire brigade report
  • Chemist report (if necessary)
  • Purchase and sales invoices, for necessary items you required.
  • Quotations for repairs and replacements

Compile all these documents along with your claim form, written notice, and a copy of your NRIC, for identification. Then either, mail, fax or deliver them to the nearest AIA branch for processing.

Requirements

Minimum Entry Age
At least 18 years of age
Maximum Entry Age
At most 70 years of age

More Information

Tell me about AIA A-Essential Home.

Your house and personal belongings are your most valuable assets. Just like your life, it is worth protecting against any perils and AIA A-Essential Home has just the right solution for your home.

A-Essential Home is a comprehensive home insurance policy that extend coverage to not just your building but also its contents from loss and damage due to unforeseen disasters. AIA offers 4 packages under A-Essential Home: Building, Contents, All Risk and Personal Liability, at affordable premium.

What does the building insurance cover?

Under a standalone Houseowner Insurance package, your building (main structure, wall, fixtures, fittings, gate, fences and interior decorations) will be covered against main perils such as fire, explosion, flood and theft among others. But the benefits don't just end there. 

AIA will also cover for third party liability up to RM50,000 - in case someone got injured within your premise and claim for it. Also, should you plan to rent out your house, you will be indemnified up to 10% of total sum insured when your tenant failed to pay monthly rental.

What about content insurance coverage?

Under a standalone Householder Insurance package, AIA will compensate you in the event of loss and damage to your household content due to main perils mentioned above. The best part about this package is that your valuable items will be indemnified based on a Reinstatement Value, albeit not all of them. 

In extension to that, you will also receive cash assistance to up to RM2,000 in any one period of insurance to cover for out of pocket expenses due to any insured perils, automatic protection on newly purchased items up to RM20,000, and cash replacement of up to RM500 due to fire or forced and violent theft.

Can include other benefits to my AIA home insurance plan?

You can extend your coverage to include All Risk and Personal Liability over additional premiums. These packages can be paired with Houseowner Insurance and / or Householder Insurance so that you can optimize your benefits according to your budget and needs.

How much does AIA A-Essential Home cost?

Depending on the type of your residence (landed or flat / apartments), AIA A-Essential Home charges a minimum annual premium of RM63.60 (inclusive of GST), including a commission between 15% to 25% paid to the insurance agent.

Your home insurance premium will also be subject to a Stamp Duty of RM10 and a 6% GST. The yearly insurance premium charged follows the standard minimum rate in accordance with the Malaysia Fire Insurance Tariff.

How much should I insure my home and valuable contents?

The rules of thumb to purchasing the right home insurance plan is knowing the appropriate amount to insure your house and personal belongings. It is worth noting that you should always cover your house based on the market value of your property at the time of loss and damage.

In other words, your total sum insured should correspond to the cost of rebuilding of your house and replacing its contents. You may also select to insure your property based on the Market Value (equivalent to the depreciated value of lost / damaged items) or Reinstatement Value basis.

Can I cancel my home insurance policy?

Yes, you may cancel your AIA home insurance policy. However, prior to cancellation, you should notify AIA Bhd by way of a written notice. Upon cancellation, you will receive a partial refund of the premium provided of which you have not made any claim during the insurance period.