Foreign Workers Compensation Scheme - Zurich

4. What are the fees and charges that I have to pay?Type• Commission paid to agent• Stamp Duty• FWCS Fee• Service Tax (also applicable to sole proprietor)Amount10% of premium or RM______________RM10.00 per policyRM5.00 per worker6% of premium or RM______________5. What are some of the key terms and conditions that I should be aware of?5.1 The Insured and the Insured Person shall comply with all statutory obligations.Penalty : Under Section 26(6) WC Act 1952 (Act 273)Any employer who fails to cover their foreign workers under this scheme will be liable, if found guilty, a fine of anamount not exceeding RM20,000.00 or imprisonment for a period not exceeding two (2) years OR Both.Failure to report the employment accident shall render the employer guilty of an offence under Section 13(5) ofthe Act and shall be liable to a fine not exceeding RM5,000.00 for the first offence, and a fine not exceedingRM10,000.00 for any subsequent offence.5.2 As soon as the workers arrive in Malaysia, they must be covered under this scheme. This scheme is only applicable as long asthe workers are in Malaysia5.3 As soon as the Employer fills up the proposal form and pays the required premium, the cover will be effected. The policy andIdentity Card for each worker will be given to the Employer within 10 days after the cover takes effect.5.4 This policy is limited while the workers are in Malaysia only. The policy immediately becomes null and void as soon as theworker leaves Malaysia.5.5 Normal diseases are not covered under this policy. However, workers may be allowed to make claims if it is proven that thedisease suffered is connected or resultant from the work that is being performed.5.6 The FWCS is mandatory even if employers are already in possession of other policies.5.7 The FWCS only covers legal foreign workers.This list is non-exhaustive. Please refer to the policy contract for the terms and conditions under this policy.6. What are the major exclusions under this policy?• Normal exclusions, i.e. committing suicides, contravening the laws of Malaysia, drunks caused by alcohol or drugs, dangeroussports, etc.• Common law liabilityThis list is non-exhaustive. Please refer to the sample policy contract for the full list of exclusions under this policy.7. Can I cancel my policy?• FWCS may be cancelled of specific reason and refund on premium will still have to be subject to minimum premium.Provided the original document must be returned.• You may notify us in writing your new contact details via your agent or to our nearest Branch.8. What do I need to do if there are changes to my contact details?It is important that you inform us of any change in your contact details to ensure that all correspondences reach you in a timelymanner.9. Where can I get further information?If you have any enquiries, please contact us at: Zurich Insurance Malaysia Berhad11 th Floor, Menara Zurich, No. 12, Jalan Dewan Bahasa, 50460 Kuala Lumpur, Malaysia.Tel : 1-300-888-622 Fax : 03-2144 9622 E-mail : callcentre@zurich.com.my10. Other types of Foreign Workers Insurance cover availablei) Foreign Workers Insurance Guarantee (FWIG)ii) Foreign Workers Hospitalization And Surgical Scheme (SKHPPA)IMPORTANT NOTEZURICH IS LICENSED UNDER THE INSURANCE ACT AND REGULATED BY BANK NEGARA MALAYSIA.IF THE PROPOSAL / DECLARATION OF THE POLICYHOLDER / INSURED IS UNTRUE OR MISPRESENTED / MISSTATED INANY RESPECT, THEN THIS POLICY SHALL BE VOID.YOU SHOULD SATISFY YOURSELF THAT THIS POLICY WILL BEST SERVE YOUR NEEDS. YOU SHOULD READ ANDUNDERSTAND THE INSURANCE POLICY AND DISCUSS WITH THE AGENT OR CONTACT THE INSURANCE COMPANYDIRECTLY FOR MORE INFORMATION.The information provided in this disclosure sheet is valid as at ............................Zurich Insurance Malaysia Berhad (8029-A) Formerly known as Malaysian Assurance Alliance Berhad11th Floor, Menara Zurich, No. 12, Jalan Dewan Bahasa, 50460 Kuala Lumpur, MalaysiaTel: 03-2146 8000 Fax: 03-2142 5863 Call Centre: 1-300-888-622