Useful in a pinch: Special perils insurance will protect against the risk of natural events, such as floodings.
PETALING JAYA: With the floods dominating recent headlines, Malaysians are taking it upon themselves to ensure their financial security by getting special perils insurance coverage for their valuables.
An electrical engineer, who wanted to be known only as Nixie, said he renewed his car’s special perils insurance every year from 2022 after he saw first-hand how bad floods could get during the 2021-2022 floods.
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