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Insurance Affidavit for Malaysia

Insurance Affidavit Template for Malaysia

A formal sworn statement used in Malaysian insurance matters, governed by the Financial Services Act 2013 and related Malaysian legislation. This document serves as a legally binding declaration containing facts pertinent to insurance claims, policy matters, or insurance-related disputes. It must be executed before a Commissioner for Oaths in Malaysia and requires strict adherence to formal requirements under Malaysian law, including proper identification of the deponent, clear statement of facts, and proper attestation.

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What is a Insurance Affidavit?

The Insurance Affidavit is a critical document in Malaysian insurance practice, used to formally declare facts relating to insurance claims, policy matters, or disputes. It is typically required when submitting insurance claims, reporting policy changes, or addressing insurance-related disputes. The document must comply with Malaysian legal requirements, particularly the Financial Services Act 2013 and the Statutory Declarations Act 1960. It contains sworn statements about specific insurance matters, policy details, and relevant facts, and must be properly executed before a Commissioner for Oaths. The affidavit can be used by both individual and corporate policyholders and may be required by insurance companies as part of their claims or compliance processes.

What sections should be included in a Insurance Affidavit?

1. Title and Introduction: Formal heading identifying the document as an Affidavit and the jurisdiction (Malaysia)

2. Deponent Details: Full name, NRIC/passport number, occupation and address of the person making the affidavit

3. Capacity Statement: Statement of the deponent's capacity and authority to make the affidavit

4. Insurance Policy Details: Specific details of the relevant insurance policy including policy number, type, and date of issuance

5. Facts and Declarations: Numbered paragraphs containing the specific facts being sworn to regarding the insurance matter

6. Truth Declaration: Formal declaration that the contents are true and accurate

7. Execution Block: Space for signature, date and attestation by authorized person (Commissioner for Oaths)

What sections are optional to include in a Insurance Affidavit?

1. Third Party Authorization: Required when the deponent is making the affidavit on behalf of another party

2. Language Declaration: Required when the affidavit has been translated or explained in another language

3. Corporate Capacity: Required when the deponent is making the affidavit on behalf of a company

4. Background Facts: Optional section providing context to the insurance matter when complex circumstances need explanation

5. Prior Correspondence: Required when referencing previous communications with the insurer

What schedules should be included in a Insurance Affidavit?

1. Insurance Policy: Copy of the relevant insurance policy document

2. Supporting Documents: Relevant documentation supporting the facts stated in the affidavit (e.g., medical reports, police reports, photographs)

3. Correspondence Log: Schedule of relevant correspondence with the insurance company

4. Authorization Documents: Any power of attorney or authorization documents if acting on behalf of another party

5. Identity Documents: Copies of identification documents of the deponent

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Malaysia

Publisher

Ƶ

Document Type

Affidavit

Cost

Free to use
Relevant legal definitions

























Clauses




















Relevant Industries

Insurance

Financial Services

Healthcare

Real Estate

Manufacturing

Construction

Transportation

Retail

Professional Services

Maritime

Aviation

Relevant Teams

Legal

Compliance

Risk Management

Claims Processing

Policy Administration

Corporate Secretariat

Insurance Operations

Underwriting

Customer Service

Documentation

Relevant Roles

Insurance Claims Manager

Legal Counsel

Compliance Officer

Risk Manager

Claims Adjuster

Insurance Underwriter

Policy Administrator

Corporate Secretary

Legal Administrator

Insurance Agent

Insurance Broker

Claims Processing Officer

Risk Assessment Officer

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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