Product Liability
Definition of our Product Liability Coverage.
We will indemnify You against any legal liability, which You are legally obligated to pay as damages for personal injury or property damage arising out of your products, which are manufactured, sold, handled, distributed, or disposed of by You. You are also indemnified against personal injury or property damage arising out of warranties and representations made by you with respect to fitness, quality, durability, performance, or use of Your products; and providing of or failure to provide warnings or instructions.
Kami akan menanggung rugi Anda terhadap sebarang liabiliti undang-undang, yang Anda bertanggungjawab secara sah untuk membayar sebagai ganti rugi untuk kecederaan peribadi atau kerosakan harta benda yang timbul daripada produk anda, yang dihasilkan, dijual, dikendalikan, diedarkan atau dilupuskan oleh Anda. Anda juga menanggung rugi terhadap kecederaan peribadi atau kerosakan harta benda yang timbul daripada waranti dan representasi yang dibuat oleh anda berkenaan dengan kecergasan, kualiti, ketahanan, prestasi atau penggunaan produk Anda; dan memberikan atau gagal memberikan amaran atau arahan.
对于因您制造、销售、处理、分销或处置您的产品而导致的人身伤害或财产损失，您在法律上有义务支付的任何法律责任，我们将对您进行赔偿。 对于因您就产品的适用性、质量、耐用性、性能或使用做出的保证和陈述而引起的人身伤害或财产损失，您也将获得赔偿； 提供或未能提供警告或说明。
What are the covers / benefits provided?
This policy will indemnify You up to the limit of indemnity when You are legally liable to pay as damages for:
a) Bodily Injury to third party; or
b) Damage to third party’s tangible property arising from the consumption or use of your products. Duration of cover is for one year. You need to renew your insurance policy annually.
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Note: The descriptions on the available coverages are only a brief summary for quick and easy reference. Please refer to the policy contract for the full details of covers/benefits under this Policy.
Product Liability Insurance indemnifies the insured for sums which the insured becomes legally liable to pay for: i. Bodily injury (including death or disease) to any person; ii. Property Damage arising from accidents caused by anything harmful in any products of your business during the policy period. Duration for cover is one year. You will need to renew the insurance plan annually.
Polisi ini akan menanggung rugi Anda sehingga had indemniti apabila Anda bertanggungjawab secara sah untuk membayar ganti rugi untuk:
a) Kecederaan Badan kepada pihak ketiga; atau
b) Kerosakan kepada harta ketara pihak ketiga yang timbul daripada penggunaan atau penggunaan produk anda. Tempoh perlindungan adalah selama satu tahun. Anda perlu memperbaharui polisi insurans anda setiap tahun.
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Nota: Penerangan mengenai perlindungan yang tersedia hanyalah ringkasan ringkas untuk rujukan cepat dan mudah. Sila rujuk kontrak polisi untuk butiran penuh perlindungan/manfaat di bawah Polisi ini.
Insurans Liabiliti Produk menanggung rugi pihak yang diinsuranskan untuk jumlah yang diinsuranskan menjadi bertanggungjawab di sisi undang-undang untuk membayar: i. Kecederaan badan (termasuk kematian atau penyakit) kepada mana-mana orang; ii. Kerosakan Harta yang timbul daripada kemalangan yang disebabkan oleh apa-apa yang berbahaya dalam mana-mana produk perniagaan anda sepanjang tempoh polisi. Tempoh perlindungan adalah satu tahun. Anda perlu memperbaharui pelan insurans setiap tahun.
当您在法律上有责任支付以下损害赔偿时，本保单将向您提供最高赔偿限额：
a) 对第三方的人身伤害； 或者
b) 因消费或使用您的产品而对第三方的有形财产造成的损害。 保险期限为一年。 您需要每年更新您的保单。
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注意：对可用覆盖范围的描述只是一个简短的摘要，以供快速方便地参考。 请参阅保单合同，了解本保单下的保障/利益的完整详情。
产品责任保险对被保险人在法律上有责任支付的金额进行赔偿： i. 任何人的身体伤害（包括死亡或疾病）； 二. 在保单期内，您企业的任何产品因任何有害物质而引起的事故造成的财产损失。 保险期限为一年。 您需要每年更新保险计划。
What do I have to pay in addition to the Premium?
• Stamp duty – RM10 • Tax (where applicable) – 6% on the premium (included in the premium) • Commission (included in the premium) paid to the Insurance Intermediary (if any) – maximum up to 25% of premium.
• Stamp duty – RM10 • Tax (where applicable) – 6% on the premium (included in the premium) • Commission (included in the premium) paid to the Insurance Intermediary (if any) – maximum up to 25% of premium.
What are some of the key terms and conditions that I should be aware of?
• Importance of disclosure
Your duties to us for non-Consumer Insurance Policy
As this Policy is not a Consumer Insurance Policy, before this policy contract is entered into, varied, or renewed, You have a duty to disclose to Us any matter that:
(a) You know to be relevant to Our decision on whether to accept the risk or not and the rates and terms to be applied; or
(b) a reasonable person in the circumstances could be expected to know to be relevant. “Consumer Insurance Policy” means a contract of insurance entered into, varied, or renewed by an individual wholly for his/her own purposes unrelated to the individual’s trade, business, or profession.
A non-Consumer Insurance Policy is a policy other than a Consumer Insurance Policy.
• An appropriate limit of indemnity is taken up.
• Deductible – the amount of which is to be borne by the Insured in the event of a claim
• This insurance is subjected to 60 days Premium Warranty, i.e. premium due must be paid and received by Us within sixty (60) days from inception. Failing which, the policy is automatically canceled and 60 days pro-rated premium shall be entitled to Us. In the event of any occurrence that is likely to give rise to a claim, You have to give written notice to Us of such claim as soon as possible after it comes to Your knowledge. The above is a summary of certain key terms and conditions of the policy and is non-exhaustive. Please read the policy contract for the full terms and conditions of the insurance.
• Kepentingan pendedahan
Kewajipan anda kepada kami untuk Polisi Insurans bukan Pengguna
Memandangkan Polisi ini bukan Polisi Insurans Pengguna, sebelum kontrak polisi ini dimeterai, diubah atau diperbaharui, Anda mempunyai kewajipan untuk mendedahkan kepada Kami sebarang perkara yang:
(a) Anda tahu adalah relevan dengan keputusan Kami sama ada untuk menerima risiko atau tidak dan kadar serta terma yang akan digunakan; atau
(b) seseorang yang munasabah dalam keadaan itu boleh dijangka tahu sebagai relevan. “Polisi Insurans Pengguna” bermaksud kontrak insurans yang dibuat, diubah, atau diperbaharui oleh individu sepenuhnya untuk tujuannya sendiri yang tidak berkaitan dengan perdagangan, perniagaan atau profesion individu tersebut.
Polisi Insurans bukan Pengguna ialah polisi selain daripada Polisi Insurans Pengguna.
• Had indemniti yang sesuai diambil.
• Deduktible – amaun yang perlu ditanggung oleh Pihak Diinsuranskan sekiranya berlaku tuntutan
• Insurans ini tertakluk kepada Waranti Premium selama 60 hari, iaitu premium yang perlu dibayar mesti dibayar dan diterima oleh Kami dalam tempoh enam puluh (60) hari dari permulaan. Jika gagal, polisi akan dibatalkan secara automatik dan premium pro-rata selama 60 hari berhak kepada Kami. Sekiranya berlaku sebarang kejadian yang berkemungkinan menimbulkan tuntutan, Anda perlu memberi notis bertulis kepada Kami tentang tuntutan tersebut secepat mungkin selepas ia sampai kepada pengetahuan Anda. Di atas adalah ringkasan terma dan syarat utama tertentu polisi dan tidak menyeluruh. Sila baca kontrak polisi untuk terma dan syarat penuh insurans.
• 披露的重要性
您对我们的非消费者保险政策的责任
由于本保单并非消费者保险，在本保单合同订立、变更或续签之前，您有义务向我们披露以下任何事项：
(a) 您知道与我们决定是否接受风险以及适用的费率和条款有关； 或者
(b) 在这种情况下，一个通情达理的人应该知道是相关的。 “消费者保险单”是指个人完全出于个人目的而订立、变更或续签的保险合同，与个人的行业、业务或职业无关。
非消费者保险单是消费者保险单以外的保单。
• 采用适当的赔偿限额。
• 免赔额——发生索赔时由被保险人承担的金额
• 本保险受 60 天保费保证的约束，即我们必须在保险生效后六十 (60) 天内支付和收取应付保费。 否则，保单自动取消，我们有权获得 60 天按比例计算的保费。 如果发生任何可能引起索赔的事件，您必须在得知此类索赔后尽快以书面形式通知我们此类索赔。 以上是保单某些主要条款和条件的总结，并非详尽无遗。 请阅读保单合同以了解保险的完整条款和条件。
What are the major exclusions under this policy?
This policy does not cover legal liability arising out of or in connecting to, such as:• Aircraft products;• Asbestos;• Damage to impaired property or property not physically damaged;• Fines, penalties, punitive & exemplary damages;• Nuclear energy;• Personal Injury to an employee;• Fines, penalties, punitive & exemplary damages;This list is non-exhaustive and not for all the sections. Please refer to the sample policy contract for the full list of exclusions.
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This insurance does not apply:
a) Bodily injury or property damage arising out of deliberate, willful, or intentional non-compliance with any statutory provisions.
b) Bodily injury or property damage arising out of goods sold/supplied which does not comply with national standards or required standards of the country in which they are sold or exported.
c) Any loss, cost or expenses incurred for the loss of use, withdrawal, recall, inspection, repair, replacement, adjustment, removal, or disposal of the product.
d) Any liability arising from any Product Guarantee or Product Warranty given by or on behalf of the insured.
e) Any liability caused by the failure of the product to fulfill its intended function or use.
f) Any liability arising directly or indirectly as a consequence of the willful or professional negligence of the Insured.
g) Any liability out of all personal injuries such as libel, slander, defamation,etc.
h) Any liability arising out of infringement of plans, copyright, patent, trademark, or registered design. (Note: This list is non-exhaustive. Please refer to the policy for the full list of exclusions under this policy.)
本保单不涵盖由以下原因引起或与之相关的法律责任：• 飞机产品；• 石棉；• 损坏的财产或未实际损坏的财产；• 罚款、罚款、惩罚性和惩戒性损害赔偿；• 核能； • 员工人身伤害；• 罚款、罚款、惩罚性和惩戒性赔偿；此列表并非详尽无遗，并非涵盖所有部分。 请参阅保单合同样本以了解完整的除外责任清单。
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本保险不适用于：
a) 因蓄意、故意或故意不遵守任何法律规定而造成的人身伤害或财产损失。
b) 因销售/供应的商品不符合国家标准或销售或出口国要求的标准而造成的人身伤害或财产损失。
c) 因无法使用、撤回、召回、检查、修理、更换、调整、移除或处置产品而产生的任何损失、成本或费用。
d) 由被保险人或代表被保险人作出的任何产品保证或产品保修引起的任何责任。
e) 因产品未能实现其预定功能或用途而引起的任何责任。
f) 由于被保险人的故意或职业疏忽而直接或间接引起的任何责任。
g) 诽谤、诽谤、毁谤等人身伤害的任何责任。
h) 因侵犯计划、版权、专利、商标或注册设计而产生的任何责任。 （注意：此列表并非详尽无遗。有关本政策下的完整排除列表，请参阅政策。）
Can I cancel my policy?
You may cancel the policy by giving written notice to the Insurer. Upon cancellation, You will be refunded 70% of the pro-rated premium for the unexpired period of insurance.
Anda boleh membatalkan polisi dengan memberikan notis bertulis kepada Penanggung Insurans. Selepas pembatalan, Anda akan dikembalikan 70% daripada premium pro-rata untuk tempoh insurans yang belum tamat.
您可以通过向保险公司发出书面通知来取消保单。 取消后，您将获得未到期保险期间按比例计算的保费的 70% 退还。
What do I need to do if there are changes to my contact / personal details?
It is important that you inform your insurance intermediary or us of any change in your contact details to ensure that all correspondences reach you in a timely manner.
Adalah penting untuk anda memaklumkan pengantara insurans anda atau kami tentang sebarang perubahan dalam butiran hubungan anda untuk memastikan semua surat-menyurat sampai kepada anda tepat pada masanya.
如果您的联系方式有任何变化，请务必通知您的保险中介或我们，以确保所有信件都能及时送达您。
Product Recall (Pemanggilan Produk)
Where can I get further information?
Should you require additional information about our Product Liability Insurance, you can contact your insurance intermediary, or contact us at our branches nationwide or at:
Sekiranya anda memerlukan maklumat tambahan tentang Insurans Liabiliti Produk kami, anda boleh menghubungi pengantara insurans anda, atau menghubungi kami di cawangan kami di seluruh negara atau di:
AGENSI SIMON POON-60162348808
如果您需要有关我们产品责任保险的更多信息，您可以联系您的保险中介，或通过我们在全国的分支机构或以下地址与我们联系：
SIMON POON AGENCY-60162348808
IMPORTANT NOTES
YOU MUST ENSURE THAT YOUR PROPERTY IS INSURED AT THE APPROPRIATE AMOUNT. YOU SHOULD SATISFY YOURSELF THAT THIS INSURANCE POLICY WILL BEST SERVE YOUR NEEDS AND THAT THE PREMIUM PAYABLE UNDER THIS POLICY IS AN AMOUNT YOU CAN AFFORD. YOU SHOULD READ AND UNDERSTAND THE INSURANCE POLICY AND DISCUSS WITH THE INSURANCE INTERMEDIARY OR CONTACT YOUR PLACEMENT INSURER DIRECTLY FOR MORE INFORMATION. This product disclosure sheet is prepared in both English and Bahasa Malaysia versions. In the event of any inconsistencies between the English and Bahasa Malaysia versions, the English version shall prevail.Please be reminded that:• you have a duty to take reasonable care to provide us or our intermediary with all relevant information in order for us to provide you with the most suitable ἀnancial products and by withholding any information which we or our intermediary request for, or providing inaccurate information, we may not be able to recommend you a suitable ἀnancial product to cater to your needs;• you should read and understand the contract terms and discuss further with us or our intermediary if there are any terms that you do not understand, before accepting the policy contract. By accepting the policy contract, you would acknowledge that our intermediary or agency personnel had explained to you clearly the policy contract coverage and key contract terms, and that the policy contract selected is suitable for your insurance needs. The information provided in this disclosure sheet is valid as at 15/06/2020. The information provided in this disclosure sheet is a brief summary for quick and easy reference. The exact terms and conditions that apply are stated in the policy contract. SIMON POON AGENCY/WONG YOCK WAN AGENCY & it's affiliated Insurance Partners/Companies are licensed under the Financial Services Act 2013 and regulated by Bank Negara Malaysia.
Other types of similar insurance cover available?
None at the moment from my representing insurers or you may contact us to source it.
Tiada pada masa ini daripada penanggung insurans saya yang mewakili
目前我代表的保险公司没有，或者您可以联系我们获取它。
OTHERS IMPORTANT FEATURES/ ALTERNATIVES
How much premium do I have to pay?
The total premium that You have to pay may vary depending on the limits of insurance and the underwriting requirements of the Insurer.
Jumlah premium yang Anda perlu bayar mungkin berbeza bergantung pada had insurans dan keperluan pengunderaitan Penanggung Insurans.
您必须支付的总保费可能因保险限额和保险公司的承保要求而异。
Product Disclosure Sheet (PDS)
Liberty Ins_product-liability-brochure-bm.pdfLiberty Ins_product-liability-brochure-en.pdf