The fire had originated from ground floor where most of the stocks were rendered a total loss.
Stocks that were kept on the first floor suffered minor damage from soot.
Jimmy Hee, Branch Manager of Allianz General Insurance Company (M) Berhad, Kota Kinabalu and Labuan Branch said:
"Allianz prides itself on being a trusted partner to its customers.
We understand their needs and worked out a quick payout as the claim involved fire damage to the stocks in trade and building fixture, fitting and furniture.