Showing posts with label Contact Us. Show all posts
Showing posts with label Contact Us. Show all posts

Tuesday, October 5, 2021

Lives versus Livelihoods


 Are you protected from COVID-19 ? Vaccinations is one of the solutions.

Lives versus Livelihoods . Which is more important to you ? 

Tuesday, August 4, 2020

Private Car Insurance Online Renewal

You can now purchase your private car insurance online through our Zurich General Insurance Malaysia Berhad microsite. https://eins.zurich.com.my/zmotor/insurance/Agent?Token=C33B25F6-E8F2-4C40-BA07-5A144D3CA9E0.

Wednesday, April 15, 2020

Motor Pricing Reductions

Good News ! Renew your motor vehicle insurance online.
Zurich Motor Pricing Reduction During Movement Control Order (MCO)
Annual Policy with base premium reduction up to 10% from tariff rate.


PZ01


Tuesday, March 24, 2020

Motor Vehicle Insurance online

You can renew your Motor Vehicle Insurance online now.
Just fill in your vehicle registration number and your Identification no.
Make payment and policy will be issue.
You can then go renew your road tax
https://eins.zurich.com.my/zmotor/insurance/Agent?Token=C33B25F6-E8F2-4C40-BA07-5A144D3CA9E0

Monday, December 31, 2018

Happy New Year 2019


                     Wishing you and your family a very bless and Happy New Year 2019

Wednesday, October 18, 2017

Happy Deepavali

Happy Deepavali. Just as Deepavali celebrates the triumph of 👍 over ☠️ , so too does it symbolise the 🕯that shows the way for humanity to overcome the 🌚  of ignorance, evil and fear.

Monday, October 9, 2017

Flexi PA

Descriptions of benefits
1. Accidental Death
    Pays the Principle Sum Insured in the event of accidental death.

2. Permanent Disablement
    pays up to the Principle Sum Insured due to accident as per schedule stated in the Table of Benefits for Death and Permanent Disablement

3. Medical Reimbursement
     This optional benefit will reimburse the insured as a result of an accident incurred within 52 weeks from the date of accident. This benefit will reimburse medical expense inclusive of hospital room and board, clinical, outpatient, surgical treatment due to accident and also including the following

  • Medical Report/Post-mortem fee
  • Ambulance fee
  • Malaria, Dengue or Japanese Encephalitis
Interested contact me.

Saturday, June 24, 2017

SELAMAT HARI RAYA

May you and your family be blessed with joy and togetherness this Hari Raya.
Selamat Hari Raya, Maaf Zahir Batin.

Wednesday, May 17, 2017

Agency Meeting

Every Wednesday from 11.00 am to 12.30 pm we will have Agency Meeting cum lunch at the Cafe in the lobby of Menara Zurich Kuala Lumpur.
Asset Planner Sdn Bhd founder Encik Sarip will share very powerful and motivational speech to inspire us.
I appreciate that very much. If you think of energise your thoughts, behaviour and actions , come and join us. No obligations at all.
  

Saturday, December 24, 2016

Merry Christmas And Happy Year New

Wishing you and your family Merry Christmas and A Happy New Year.

Wednesday, October 5, 2016

Zika Virus

Good news ! With the number of Zika virus on the rise, a number of insurer in Malaysia have started to issued statement that their policys covered this type of death benefits as well as hospitalization.
The hospitalization expenses of pregnant women test positive for Zika virus are also covered under their medical plan. The following insurer : Great Eastern Life Insurance, AIA and Prudential Assurance Malaysia Berhad. All these 3 insurance companies have confirmed they have not received any claims arising from the Zika virus.      

Wednesday, July 6, 2016

Selamat Hari Raya Aidilfitri

Selamat Hari Raya Aidilfitri. Maaf Zahir dan Batin. Hari Raya is an occasion for families and friends to spend quality time with each other . Let's celebrate together . Happy Holidays also.


Saturday, May 21, 2016

Wishing all those Buddhists who celebrate Happy Wesak Day and others Happy Holidays

Sunday, April 24, 2016

Zurich Prowell Critical illness

Critical illness can occur when you least expect them. With Zurich Prowell Critical illness, you have the resources you need to confront them. Pay during your best years and enjoy long term protection. Choose a premium paying term that complements your retirement plan. Upon the completion of your premium paying term, your coverage will continue unti the year of policy maturity.

Sunday, March 6, 2016

Zurich Favour8 Retirement Policy

Making Retirement Planning Easy & Achievable


Dreaming for the day you can walk away from your job and have complete control over your time?​ This may sound like a far-fetched dream for many, but it is not an impossibility.
Transitioning from working life to retirement takes careful financial planning and decision-making – prepare in advance. Time is the best friend of retirement planning, which is why it is important to start planning as early as possible.
However, life happens. In between starting a family, having children and saving for their college fund, retirement planning is more often than not, relegated to the bottom of your financial goal.
One way to systematically save for it and make your money work hard for you, despite all your other shorter-term financial goals, is to save more for a shorter period. Then, let your money to continue to grow while you take care of your other financial needs.
It’s possible with the Zurich Favour8 plan, where you only need to put away money for the first eight years, while still enjoy life protection, guaranteed cash back, maturity cash back, and investment returns in 20 years.
Find out how you can plan and fulfil your financial aspirations with only one product — Zurich Favour8.


Saturday, February 20, 2016

Zurich Favour8

Zurich Insurance Malaysia Berhad launch a new product . Zurich Favour8. Want to know more contact me or Zurich Sales Advisors.

Sunday, January 17, 2016

Wealth Creation

Whilst the need to accumulate savings for the future is all the more vital, Malaysians are finding it increasingly hard to fulfil their financial obligations, especially when there are retirement funds and higher education expenses to worry about . Given today's volatile economic climate , it is challenge to look for investment options that offer steady and stable return .
At Zurich Insurance , the company that I represent as Agency Manager , we take your concerns to heart when we design solutions, focusing on what matters to you. To help you acheive your financial aspirations in life, be it a comfortable retirement , quality tertiary education for your child or dream vacation , we have tailored for you Zurich Favour8.
Please contact me for more details . Terms and conditions apply .

Thursday, December 24, 2015

Financial Freedom

A survey done last year by Nielsen Global Survey of Savings and Investment Strategies found that 74% of Malaysian believe that they will achieve their financial goals in future. Everyone have different financial goals such as saving for retirement , children educations, health issue, marriage, unexpected household emergencies , etc...
If you are worry and need help on your financial planning for your future goals we can help you to achieve your financial freedom.
Robert Kiyosaki best selling book , Rich Dad Poor Dad and The Cash Flow Quadrant are some methods you can apply on it.

    

Tuesday, October 13, 2015

Zurich Omni Health

Zurich Insurance Malaysia Berhad just launch a new Medical Insurance yesterday
It is known as Zurich Omni Health. Tag line , Staying healthy has never been more rewarding.
There are a number of new features such as No Claim Bonus which gives you 10 % cash back on the premium paid.
Wellness reward Programme rewards you as you get better.Health Optimiser ofers discounts to help you stay healthy. Last but not least there is a mobile app that works like your handy personal assistant .

Monday, August 31, 2015

Retirement Disaster looms For Universal Life Policyholders

The insurance industry has a dirty little secret that threatens the retirement plans of millions of unsuspecting families.

The problem is buried in the fine print of universal life policies, widely promoted since the 1980s as a new and improved version of the old-fashioned whole life insurance product our grandparents relied on as the surest way to save for retirement.

Based on my experience as a financial advisor, most people have no idea about what they’ve already lost and will discover in time that there was no “sure” in their insurance. Instead, the insurance companies shifted their risk on to to their policyholders.

The new and improved universal whole life policies were designed to take advantage of high interest rates and growth in stock prices to reduce premiums and boost cash values—the term for the built-in savings component of a life policy.

That was the same argument the financial industry used to kill off the defined-benefit pension plans our grandparents relied on in order to sell a new generation of savers on the idea that 401-Ks had the potential for higher returns. Those higher returns might have come true had the assumptions panned out, but instead they failed in the biggest possible way.

Universal policies became attractive because they offered a higher rate of return (the dividend) on the savings component than one could get from old-fashioned whole life. The trade-off was that, unlike old-fashioned whole life, the effective premiums for the universal policy death benefit rise as the policyholder ages.

The insurance companies set a minimum premium payment based on a policyholder’s age at the time, and then used prevailing returns on stocks and bonds to argue that there would be enough profit on investments to cover both the rising premiums and the guaranteed dividend on the cash value.

In theory, the stock market would pay the added premium costs and the dividends. Millions bought universal life policies on the basis of those projections.

But most skipped the fine print, signed the papers, and squirreled them away in their safe deposit boxes where they’ve been for decades. Hidden in those policies was this potential time bomb: if the projected investment returns fail to materialize, the insurance company can make up the difference by reducing the cash value—taking money out of your cash value savings account—right down to zero, if necessary. And when that’s exhausted, they can require the policyholder to make up the difference in the death benefit premiums, or risk the policy expiring worthless.
Unlike the 1980s and 1990s when many universal policies were sold, today’s interest rates languish at historic lows. In the past 12 years the stock markets have suffered two historic collapses. For those reaching retirement age now—coupled with the housing bust and a crippled economy—this is a recipe for failure, and it’s starting to hit home.

Universal life policyholders who faithfully paid all the minimum premium payments all those years are discovering that the cash values that were to be their retirement nest eggs are nearly exhausted, and many are having to cough up huge payments just to keep the death benefit from lapsing.

For example, people who bought universal life policies when they were in their early thirties, with a $100,000 death benefit, might have faithfully paid minimum premiums of about $3,500 year in and year out thinking all was well and they were building their nest eggs. When they were younger and cheaper to insure, they were–those premiums went into the cash value buckets and earned untaxed dividends.

But as they got older, the “real” premium—the cost of insuring them—rose. A person in his or her late 50s might have a policy whose cost of insurance—the real premiums—have doubled. Five years further on, the real premium could jump to tens of thousands of dollars.

Most policyholders don’t realize they have a problem, until one day they need the cash value or discover that they will be left without even the life insurance.

How we got here is depressingly familiar in an age of financial mis-engineering. Up until the advent of universal whole life, the predominant form of life insurance for the middle class was participating—or mutual—whole life, where policyholders are treated as mutual owners of a non-public insurance company.

In such a policy, premium payments never change and accumulate like cash in a bank account earning modest dividends—guaranteed by the company—that are not taxed. Policyholders can borrow the money they paid in anytime for any purpose, no questions asked, which in turn reduces the death benefit to compensate. Policyholders can repay the loans later and the death benefits go back up again. In effect, policyholders are borrowing from and repaying themselves just as they do with any bank or investment account.

Universal life is a modern invention that takes the “sure” out of insurance by tying the benefits to the performance of stock and bond markets. In contrast, mutual whole life has ancient roots, enduring the millennia because it’s a simple and safe way to grow a nest egg while providing for one’s heirs. The practice of pooling resources this way dates as early as Roman times when people formed burial clubs to pay funeral and living expenses for member families. The earliest mutual life insurance companies in the U.S. date to the 1700s, formed by church groups to benefit their congregants in time of need.

By the mid-twentieth century, the mutual insurance industry had become the Rock of Gibraltar in the financial lives of millions of Americans. Mutual insurance companies invested their members’ premiums so conservatively that the industry survived the Great Depression intact. Those old-fashioned values have persisted and that’s why most mutual insurance companies came through the recent Great Recession with their blue-chip ratings unsullied while publicly-owned stock companies had to be bailed out to avoid bankruptcy.

I know all this because I am a reformed universal life believer. In the 1980s I became successful by helping clients replace their old reliable mutual whole life policies with the new and improved universals. By the 1990s, when some of my clients began to reach retirement age, the hidden flaws showed up when the projections fell below their targets.

I felt betrayed by the companies that had persuaded me that universal life was a better policy because stock markets historically averaged a better return. I wondered what I’d done wrong, so I went back and studied the fine print, discovering that these policies were written to shift risk from the company to the policyholder. Universal life policies allow companies to raise premiums or siphon off cash values if they can’t make enough from investments to meet their costs and still earn a profit.

That uncertainty is exactly the opposite of what whole life is supposed to accomplish—a savings nest egg that will be there no matter what happens.

Universal life policyholders who want to learn where they stand can request from their insurance companies two in-force ledger illustrations: one showing the state of the benefits at the current premium; the other showing the cost to keep a policy in force to age 100.

There are some alternatives and options for universal life policyholders, depending on how insurable they still are and other circumstances. In some cases, it’s possible to keep a policy in force at the current premium by reducing the death benefit.

For those interested in buying the right kinds of life insurance for their situations, start by determining whether a product being offered is from a mutual life insurance company that will be owned by you, or by a stockholder-owned company that is obligated above all to earn a profit for somebody else. Knowing the difference could determine the quality of your retirement.

John E. Girouard is the author of “The Ten Truths of Wealth Creation,” a registered principal of Cambridge Investment Research, and an Investment Advisor Representative of Capital Investment Advisors, in Bethesda, MD.