I like this article that was written by one Ms Lim Ka Ea, on her recent experience trying to understand how the motor claims handling process works…. You can view it over at the malaysian insider. I can understand her…
Year: 2012
Do Malaysians need mobile phone insurance?
I read the following article with interest…. Do we actually need any insurance to cover your mobile phone, since most values are below RM 2,000 each. Cheap Premium for Mobile Phone Whatever it is, if the premium is cheap for…
Agents must complete tasks to earn their commissions in full
Agents must not rely on their principal’s goodwill to help them with part of their tasks (agency obligations to their customers) in delivering devices to their customers. This was highlighted in the following members’circular issued by the Persatuan Insuran Am…
Can I explain the Genneva Gold issues?
Keeping our data private for the insurance buyers | PDPA
While the Government gets set to enforce the Personal Data Protection Act, all involved should comply with the provisions of the Act now instead of adopting a wait and see’ attitude. Here is the latest news report from Star online:…
Economic Shockwaves of Infectious Diseases (Looking Back)
Motor Insurance Claim | Accident or Reckless Collision?
FLEXA Cover
In recent days the term, FLEXA cover has been widely mentioned whenever coming to insuring of risks either located overseas or where contingency business interruption (CBI) is involved. Examples of CBI related risks are those of extensions in business interruption…
Digital Franking System (DFS) For Insurance Guarantee Stamping
Of FRANGKI DIGITAL and DIGITAL FRANKING…. INSURANCE GUARANTEE and INSURANCE POLICY
A few months ago numerous insurance companies wrote to the Stamping Office of the Malaysian Inland Revenue Board (IRB) requesting that the stamping requirement for insurance bond or guarantee issued to cover foreign workers be simplified or to allow self-franking by the insurance companies themselves. Of course the original intention was to complain against certain companies and shame them (in public) over the manner the “Stamp Duty Paid” mark was placed onto their Foreign Workers Insurance Guarantee (FWIG) policy. At that time the public understanding was that any documents falling under BOND or GUARANTEE must be stamped at the Stamp Office and not to be handled by any third party.