Month: April 2014

April 4, 2014

What Insurance Are You Paying For? – Basic Policies

Life insurance comes with two different types of policies: Basic Policy Rider Policy Basic Policies When you sign up for a plan, your life insurance must include a basic policy. Otherwise there is no insurance to begin with. You can’t buy a car without its body and straight away drive it on the road now, can you? Basic policy cover three different areas. These areas, […]

April 3, 2014

Do You Know Your Insurance Plan? Knowing the Two Classes

Insurance is an interesting product. Now more and more people are buying it. And many have bought it without them realising it! Basically insurance comes in two classes: Life insurance – Protection of the life and limb of the assured General insurance – Protection of property, businesses and enterprises. General Insurance The most common general insurance in Malaysia is the motor/vehicle insurance. A car owner […]

April 2, 2014

How Much Insurance is Enough?

This afternoon I saw an interesting post on Facebook: Enough with the present insurance!! Don’t force people to buy. I already have one insurance plan. What insurance is there to add??? Ishhhhh Insurance is no doubt a heavy commitment. Every month you may spend from RM100 of your hard earned money! It’s not like you get to check into a hospital at will, right? What […]

April 1, 2014

A Fruitful Evening

What would you get after two rounds of intensive training on different topics? Information overload? Boredom? Migraine? Earlier this evening, I was at the office. We had an introduction to the basic “two-line” method in understanding the importance of having insurance. Purely elementary method to help clients understand better the differences and consequences of saving RM200 into the bank and setting aside RM200 for protection. […]