Relates to numerous developments within the industry that may have some impact on consumerism. You need to read but need not have to understand fully… meaning read between the lines and then write us a two, three liners.
Malaysian normally do not think much about annuities, not to mention buying one for their golden years. There are better investment options than investing in an annuity just for the sake of living too long! Some seemingly dull topic here…. but our GUEST BLOGGER and California-based financial advisor, Ms. Sharon Smith think otherwise. Read...
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What is passenger liability cover in your private vehicle insurance policy? It simply means coverage for you in the event your passenger(s) sue you or your authorised driver for having driven the car negligently, resulting in bodily injury, death or property damage. Passenger liability is therefore also known as legal liability to passengers. Simple...
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In reality, there are just about three reasons why people choose to buy from you…. to make money, to save money, or to reduce pain and frustration. Your job as an agent or marketeer is to figure out which one of those reasons the person on the other side of the table is considering...
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Today and Yesterday… learned (or rather forced to) some hard facts, this BLOGGING thingy cannot be as easy as ABCs. First you have to know what to write, then you need to check if you have got the facts and the grammars correctly in place, check if the tech aspects of the blog have...
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The date, 1st July 2010 will mark another day for a major change to a long established Motor insurance practice…. this time is about the manner the No Claims Discount (or NCD) is to be confirmed. We expect some rough moments ahead as we viewed this new confirmation procedure as being haphazardly handled…. but...
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In 2009, the Malaysian non-life insurance industry had resolved to provide MANDATORY discount on all motor insurance purchased directly from the insurers – the scheme of discounting was such that it would be 5% for the first year of implementation and thereafter at 10%. Thus, come 1st July 2010 and onwards all Malaysian non-life...
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It is an offence to enter Singapore without extending passenger-liability cover to your existing motor insurance policy. In Singapore passenger-liability cover is compulsory but Malaysian motor insurance policy has no auto-extension for such passenger-liability (or liability to passenger). Thus, it is a necessity for Malaysian Insured entering Singapore to extend their motor policy to...
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The deadline for submitting your protest or suggestions or even arguments over the proposed TPBID mandatory (Newco) scheme is already over. The government has decided, and the new basic third party insurance policy will be sold nationwide come Jan next year….This basic third party policy is the minimum insurance version that insurers would be...
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The Malaysian newspapers reported some ROAD RAGE.… Mr. Beh, 43, a forwarding clerk nudged into the vehicle belonging to Mr. Lim, 52. He drove off with Lim chasing him close behind… both vehicles scraped one another. Lim then showed Beh his middle finger! Beh flew into a rage and a reverse-chase ensure. Both guys...
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Judging from the many hits to my previous postings relevant to this topic – 408 hits to blog posting: Difficult buying your Motor Insurance? Try Malaysian Motor Insurance Pool and 271 hits to another: The National Third-Party Bodily Injury Liability Scheme…. jumping the gun or what? within a two and a half months period….....
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