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INSURANCE LAW - Property Insurance
Related Topics : Auto Insurance . Business Insurance . Disability Insurance . Health Insurance . Insurer's Bad Faith . Life Insurance Law . Property Insurance

PIAM Fire Tariff

General Insurance Association of Malaysia

PIAM is the acronym for "Persatuan Insurans Am Malaysia" or General Insurance Association of Malaysia. Membership of PIAM is compulsory for all general and composite insurance companies licensed to transact general insurance business in Malaysia.

Houseowners/Householders insurance is regulated under the Malaysian fire tariff, which means that all PIAM members must comply with the prescribed rules and regulations. Some of these include : As such, the covers available and the minimum premium rates are basically the same for all companies in Malaysia. You should therefore choose an Insurer based on the quality of service that they can provide.

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