Malayan’s MyBIZ PROTECT is an insurance package protection for micro, small and medium enterprise(MSME’s) market. It aims to provide a comprehensive insurance protection for various business operations, whether the risk be office, food, dining or drink outlets, retailer business, services, medical and dental, education or even small offices and kiosks.
MyBIZ PROTECT‘s modular approach to insurance business enables customized protection befit the needs of store and business operation of MSMEs.
COMPREHENSIVE GENERAL LIABILITY
Covers legal liabilities of the Insured to third party for BODILY INJURY and/or PROPERTY DAMAGE arising out of the business operations within the declared location.
MONEY, SECURITIES, AND PAYROLL
Loss of money and securities due to the perils of robbery, burglary or brigandage whilst inside the Insured’s safe/vault within the Insured’s various locations.
Loss of money and securities due to the perils of robbery or brigandage whilst in transit on money route and in the possession of the authorized employee of the Insured.
Pays for the actual financial loss sustained by the Insured directly arising from any act of FRAUD and DISHONESTY of the EMPLOYEE(S).
All Regular Employees only
6 months after resignation, dismissal, retirement or death of the defaulting employee.
Not later than 3 months after the termination of the insurance cover as regards such Employee whichever be the earlier.
BURGLARY AND ROBBERY
Pays for the actual financial loss of the declared property sustained by the Insured as a result of lost, destroyed, or damaged by Robbery following upon an actual forcible and entry into or exit from the Premises of the Insured.
Pays for the damages to be borne by the Insured with respect to the damaged premises following upon or occasioned by an actual forcible and violent entry by the person or persons committing or attempting to commit such robbery.
KEY MAN PERSONAL ACCIDENT
Personal accident protection for the most important personnel with respect to your business operations.
EMPLOYEE/GROUP ACCIDENT INSURANCE
Provides accidental death, disablement and medical reimbursement benefits to the named employees.
BUSINESS CONTINGENCY ASSISTANCE
Provides cover for rental expenses in the event of damage to business premises due to fire.
Provides covers for personal injury as a result of food poisoning in connection with the Insured’s business.
Provides cover for unforeseen and sudden physical loss or damage to machinery.
Provides cover for unforeseen and sudden physical loss or damage to computers and other electronic equipment.
CYBER ASSISTANCE COVER
Provides coverage for reasonable and necessary expenses in restoring, recreating, or replacing the damaged data and programs, but not hardware, as well as notification of expense in compliance to the National Privacy Commission requirements arising from Cyber Attack committed by a third party.
FINANCIAL PRODUCTS UNDERWRITTEN BY MALAYAN INSURANCE AVAILABLE TO CLIENTS OF RCBC ARE NOT INSURED BY THE PHILIPPINE DEPOSIT INSURANCE CORPORATION AND ARE NOT GUARANTEED BY RIZAL COMMERCIAL BANKING CORPORATION (RCBC).