Insurance

Insurance and the issuing of an Event Permit is the guarantee to government, the public and participants that the sport is conducted in an orderly fashion with appropriate risk management procedures in place. MAM provides a comprehensive Public Liability Insurance Policy as part of the MAM Event Permit which is compulsory for ALL events conducted by MAM's affiliates. The public liability cover is RM3 Million per event. It covers damages to third party property, spectators and other parties not directly involved in the competition. Competitors and officials are also covered by personal accident insurance. For competitors the cost of insurance is included in the competition licence fee for all licence grades except Come n' Try one-day licences. The personal accident cover is from RM25,000 to RM50,000 depending on the license grade. A personal accident cover of RM25,000 for MAM licensed officials is free of charge - this is our way of saying thank you to our event officials.

Medical Services and Safety

MAM will ensure, through its regulations, that event organisers provide sufficient medical services assistance and medical intervention for competitors during a motor sport event. Safety is paramount and appropriate training of officials and competitors is an integral part of MAM's risk management program.

 

PERSONAL ACCIDENT INSURANCE

Sum Insured

RM25,000.00 any one person (Solo start and Multi Start /National C license)

 

 

Insured Persons

RM50,000.00 any one person (National A & B license)

 

All competitors whilst officially signed on at an event authorised by the Assured including whilst testing, qualifying and racing at the event and officials whilst at race meting authorised and sanctioned by the Assured.

Benefits

 

 

Accidental Death (100%)
Permanent disablement (100%)

Please click to view the Permanent Disablement Benefits Table

 

HOSPITALISATION INSURANCE

Sum Insured

RM5,000.00 any one person (Solo start National C license)

RM10,000.00 any one person (Multistart National C license)

Insured Persons

RM25,000.00 any one person (National A & B license)

 

All competitors whilst officially signed on at an event authorised by the Assured including whilst  testing, qualifying and racing at the event and officials whilst at race meting authorised and sanctioned by the Assured.

 

FUNERAL REIMBURSEMENT

Sum Insured

RM2,000.00 any one person (Solo start National C license)

RM2,000.00 any one person (Multistart National C license)

Insured Persons

RM5,000.00 any one person (National A & B license)

 

All competitors whilst officially signed on at an event authorised by the Assured including whilst  testing, qualifying and racing at the event and officials whilst at race meting authorised and sanctioned by the Assured.

 

 

PUBLIC LIABILITY INSURANCE

Sum Insured

RM3,000,000.00

Insured Persons

Limit up to RM3,000,000.00 for:
-    Any one accident including cost/expenses to defend any  claim
-    In the aggregate any one period of indemnity

Benefits

-    bodily injury to or illness of any person
-    loss or damage (physical damage and loss) to property
-    cost and damages of litigation (cost arising to the defence investigation or settlement of any claim and also court proceedings)
-    nuisance (nuisance trespass interference)

 

Exclusions

-    Please click to view the Motorsport Event Liability Insurance Policy

 

 
 
   
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