: The General Insurance Association of Malaysia has set up a RM2.43 million CSR Flood Relief Fund to alleviate the burden faced by owners of vehicles that were affected by the recent floods.
The CSR Fund will be in the form of subsidy for mechanical clean-up cost at any competent workshop is to expedite payment of flood claims settlement, waiver of certain mandatory claims documentation, simplified claims process and additional special relief measures that may be provided by individual insurers.
PIAM, in a statement today, said the subsidy is given on a per-vehicle basis to motorcycles, private vehicles including commercial vehicles irrespective of the types of motor policy. “The motor policy must be valid at the time of flooding and in the event of lapsed motor policies, the vehicles must be at least last insured on or after June 1, 2021. The subsidy will be based on actual cost incurred and is capped at a maximum of RM100 per motorcycle and RM500 per private/commercial vehicle.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CSR SDB bantu tingkat kemahiran, ekonomi OKU - Utusan DigitalCSR SDB bantu tingkat kemahiran, ekonomi OKU
Source: UMonline - 🏆 27. / 51 Read more »
Program CSR Angkasa Cakna santuni lebih 70,000 golongan memerlukanSumbangan diberikan dalam bentuk barangan keperluan asas menerusi Projek Barang Asas 100 (BA100) sebagai tanda cakna koperasi.
Source: UMonline - 🏆 27. / 51 Read more »
Flood situation in 3 states improves, increase in Johor evacueesFlood situation in 3 states improves, increase in Johor evacuees theSun theSundaily floods banjir PPS evacuees Sabah Pahang Melaka NegeriSembilan Johor
Source: theSundaily - 🏆 25. / 51 Read more »
Civil Defence Force personnel escape unharmed after boat carrying flood relief supplies capsizes in Pahang (VIDEO) | Malay MailKUALA LUMPUR, Jan 6 — Three Civil Defence Force (APM) officers had no choice but to abandon ship after their boat which was carrying flood relief supplies capsized. A video of the incident was shared on the Facebook group ‘Info Banjir Seluruh Pahang D/M’ by user Duke Aaron Azizi....
Source: malaymail - 🏆 1. / 86 Read more »
Flood victims numbers drops in several affected states as of noonThe number of flood victims at temporary relief centres (PPS) in several affected states continued to show a declining trend as at noon today. theSun theSundaily banjir flood Pahang Melaka Selangor Johor Sabah
Source: theSundaily - 🏆 25. / 51 Read more »
Floods: Situation improves in four states, fewere evacuees on Thursday (Jan 6) nightKUALA LUMPUR: The overall flood situation in four states has improved, with fewer evacuees recorded at relief centres in Pahang, Melaka, Sabah and Negri Sembilan on Thursday (Jan 6) night.
Source: staronline - 🏆 4. / 75 Read more »