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.

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.

Best Private Healthcare Insurance Company

Zurich Insurance Malaysia Berhad has been awarded “The Best Private Healthcare Insurance Company of the Year 2017” by Frost & Sullivan. We clinched this amazing award with our star products Zurich Active Living, Zurich Omni Health & Zurich MegaMed together with our CSR programme #EatRighttoPlayRight. Stay tuned for more!!! #Omniheath #Activeliving #Megamed

Happy Winter Solstice

Wishing you and your family Happy Winter Solstice Festival. This special Chinese festival signifies the tail of a productive year and with the assurance of a greater prosperous, peaceful, happy new year 2017 ahead. May you and your family be blessed with abundance joy and happiness.

D.I.Y. Insurance

If you think of buying insurance , what will you do ?
Search the Internet / Google insurance to find out more information's ?
Or call your current Insurance Advisor and if no Insurance Advisor / Agents will you ask
for some referrals ?
I came across this D.I.Y insurance advertisement in the newspaper recently , will you do it yourself ?
I believe insurance must be sold . That's mean you need to facts find like what
is the current needs and amount of insurance need and what are the risks that
the person is looking for ? Example , medical insurance , living assurance such as
dread diseases , long term care , total permanent or premature death benefits ?
Please give us your feedback . Thank You.

Advertisement cost

I received a e-mail request from Elisa Hayden this week about my blog and she intend to put up a advertisement on my website. The following are the e-mail. Do you think it is genuine and how much should I charge for it.

Dear Sir/Madam,

Recently we visited your website (http://ttong3.blogspot.com/2011/03/donations.html) and found it very interesting. Given the relevance of your website to our business, we would like to offer an advertisement opportunity to you. We would like to put a text link ad on your homepage/main page. Our advertisement format is generally 15 words long and it will contain one to three text links, which we provide.

About our business,we offer consumers safe and easy way to apply for short-term loans .Please let us know how much would you charge for this kind of ad. We look forward to your reply and the opportunity to work with you.

Thank you,
Elisa Hayden
Senior Marketing Associate
Kaushik,LLC

Planning for the new year

Image via Wikipedia

Every year at the month of December our agency Excel Millennium Planning & Advisory will do a annual planning for the new year next year 2011. We will do a S.W.O.T analysis on our Strengths, Weaknesses, Opportunities and Threats. We will go to D.OM.E. analysis also. Diagnosis where we are now. What is our Objective next year. The Method of achieving our objectives and Evaluations of where we are as we progress along.
MAA Assurance will also hold a budget meeting for us to pledge our commitment to the company. We will do a budget target on how much sales and income we want to achieve, earn next year. From our budget meeting , it will be transfer to actions plan of what we need to do to achieve our objectives. It will be breakdown into every quarter and then into every monthly budget. It is then possible to check if you have managed to adhere to the budgeted amounts First Year Premium (FYP) each month. If not , then adjustments can be make quickly to recover any shortfalls. From the planning process and budgeting, various insurance products such as Super Fortune Plan an Ordinary Life plan, MaaxCombo a Investment Link plan , Medical insurance ML210 , Critical Illness and Personal Accidents EVO110  portfolios are also taken into consideration of what we want to achieve. A plan in place is better than no plan at all. When January comes, we will have a clear financial resolutions for 2011. We will have a good start and usually MAA assurance will throw us a challenge for a fast start in 2011. This year MAA reward us with a trip to Shenzen and Zhuhai for those who achieve the fast start target. Lets make 2011 a wonderful year to achieve our Dreams. 

Mounting household debt

Image via Wikipedia

The Edge Malaysia headline . Mounting household debt. Figures do not lie.Total household debt, comprising mainly house mortgages, cars loans and personal financing such as credit cards, debit cards stood at an all time high of RM560 billion as at Aug 31, 2010 from Bank Negara Malaysia data. Will the rapid growth in household debts make the economy and the financial sector vulnerable to instability and crises ? Is this cause for alarm ?
It is worth noting that our household debt to GDP ratio shot up to 76% between 2004 and 2009 , and is the highest in Asia ex- Japan.
What is perplexing through is that unlike Japan's per capital income of US$32,700 or about RM8000 per month in 2009, Malaysia's average income per capital is less than RM2000 per month.
According to a note by CIMB Research dated Oct 28 , the ratio of household debt to personal disposal income hit 140.4 % in 2009- higher than Singapore 105.3% and the US 123.3%. This means Malaysians own double the amount they earn.
According to AKPK of the total 50,361 cases that enrolled in debt management program, 10.6% could not pay their credit card debt while 74.3% had repayment problem with housing loans, car loans and credit cards outstanding. Credit Counselling and Debt Management Agency (AKPK) CEO Mohamed Akwal Sultan says some 44% of the individuals who join the programme belong to the 30 to 40 age group. Actually some individuals start to have repayment issues when they are even younger because many of them do not have salaries that commensurate with their lifestyle. The problems start to snowball when they hit their 30s.
This is because by then, most of them are married and thus have bigger commitments such as larger mortgage loans and car financing and higher living expenses. Additional their parents are not able to help them with their finances as much because they would have retired by then.
Interesting for 26% of defaulters the No 1 reason for finding difficulty in servicing debt is high medical expenses. Plan yourself well and spend what you can afford.Remember to take care of yourself first. The goose that lay the golden eggs. Insured yourself against any unforeseen circumstance such as premature death, total permanent disability, accident or critical illness and mounting medical cost. Insurance and risk management must be plan ahead. I do have all the solutions for you.

Money not enough

A interesting article from our newspaper The Edge.
KUALA LUMPUR: 6 in 10 Malaysians feel they are not saving enough, with 15% saying they have no savings at all, according to a recent HSBC survey.

The recent HSBC Asian Insurance Monitor found that for over half of the Malaysian respondents (55% vs 45% in an earlier 2009 survey), the main barrier to long-term savings plan was the lack of disposable income to buy insurance.

In a statement on Jan 28, HSBC said most respondents (54%) cited the lack of investment products with desired returns as the major obstacle in the first half of 2009.

Fieldwork for the survey, which was commissioned by HSBC Insurance, was conducted by Nielsen in December 2009 among 480 Malaysian respondents of the general working segment aged between 35 and 65 years.

It said the survey also showed that across most Asian markets, lack of confidence in the market continued to be the main barrier to saving for the long term.

In terms of monthly personal income distribution, people in Malaysia allocate the smallest proportion (25%) of their monthly income to financial services, including cash (8%), investments (4%), insurance (10%) and pension (2%).

The survey further reveals that while Malaysia retained its strong property-orientation with over half of the respondents holding property (52%), more Malaysians had taken up medical insurance in the past 12 months (47% vs 36%).

The survey also shows over one-third of respondents will rely on medical insurance or the government for critical illness cover, but 26% say they will have to withdraw their bank savings.

“Having witnessed the global economic downturn, Malaysians have become well aware of the threats that may hinder the growth of their wealth, and realised that they may not have enough savings for achieving their long-term financial goals,” said HSBC Amanah Takaful (Malaysia) executive director and CEO Zainudin Ishak.
asked about saving goals, saving for a rainy day is foremost for 79% of Malaysian respondents, while financial security in retirement is the 2nd priority in mind(68%).

Among some of the financial uncertainties in the next year, medical expenses emerged as the biggest threat for Malaysians (50%) and 48% worry they do not have sufficient funds for recurrent daily needs.
What's your comment ? Do you have any solutions ?

Helps Us Improve !

Dear Visitors & Policyholders , Thank you for visiting my blog. We are dedicated to provide excellent customer service and efficient service for your convenience. To enable us to continue improving our standard of service, we value your comment and suggestions.

Comments / Suggestions

________________________________________________________

________________________________________________________


Thank you for the comments suggestion

Name:__________________

Address:_____________________________________________

____________________________________________________

Telephone:___________ Hand phone:______________________

Fax/e-mail:__________ Date:_____________________________
ttong3@gmail.com