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Landlord - Secured

Sep 14, 2018 5:50:24 PM / by Michelle Lim

When your property has been successfully rented out, you can choose to get your property insured with Allianz up to RM 26,000. If you successfully lease out your room with us, you can choose to get the room secured up to RM3700 with Allianz.

What is this insurance?


Property

This insurance protects your property up to RM26,000.

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How long does it take for me to claim?

  • Loss of up to 2 months' rental - 3-7 working days
  • Inconvenience benefits or minor property damage up to RM1,000 - 3-7 working days
  • Accidental damages or Theft up to RM15,000 - 21-30 working days


Room Rental

This insurance protects your room up to RM3700. The insurance covers loss of up to 2 months’ rental, inconvenience benefits, minor property damage, accidental property damage and theft.

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Note: The 12th month's rental refers to the last month's rental.

What can I claim?

  • Loss of up to 2 months' rental - 3-7 working days
  • Damage to/Theft of household content up to RM500 - 21-30 working days
    • An example of this would be a broken chair in the tenant's room.
  • Cleaning/Minor damages - 3-7 working days
    • You will be able to claim up to RM200

When do I need to submit my claims? Do I need to file a police report?

Yes, you need to file a police report and submit the claims report within 2 weeks. You also need to notify our team at finance@speedhome.com.

After the 2-week period following the incident, the request will not be entertained.

Additionally, there's the letter of demand

If the tenant has not paid, up to 2 letters of demand will be sent to the tenant.

Topics: Uncategorized

Michelle Lim

Written by Michelle Lim

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