Showing posts with label Health. Show all posts
Showing posts with label Health. Show all posts

Tuesday, June 23, 2020

Zurich SureCover

This Zurich SureCover is life protection plan with guaranteed acceptance from age 35 to age 80.
It's very affordable with minimum monthly premium of Rm75. This plan insured against the unexpected death and helps ease the financial burden . For more information. https://www.zurich.com.my/en/insurance-products/protection/for-my-life/zurich-surecover

Wednesday, October 16, 2019

Travel Insurance






Stay protected throughout your trip. Purchase this Zurich Travel International Insurance from me.
I can online issue you the policy.

Tuesday, August 20, 2019

Zurich ValueCare Medical Insurance rider



Family is everything. At Zurich, we understand that protecting the wellbeing for your family is what you value most. Introducing Zurich ValueCare, our newly launched unit-deducting medical rider that covers your medical bills while giving you total confidence and peace of mind. 

Find out more at bit.ly/ZValueCare
#TrueLoveCares #ValueCare #ZurichMalaysia

Wednesday, December 21, 2016

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.

Saturday, May 21, 2016

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

Saturday, March 12, 2016

How to handle your retirement planning

THEY say “Life is a marathon, not a sprint.”

That saying actually applies to retirement planning as well. However, all too often we race through the nitty-gritty details of our finances and neglect to focus on crucial elements especially on saving for retirement long before those golden years approach.
...
Sure, we are overwhelmed by the idea of trying to save because of the multitude of financial commitments. It’s no surprise that many a time people tell me they can’t afford to save. I tell them they can’t afford not to save for retirement. Here’s a decade-by-decade plan that will ensure you are on track for a more sustainable retirement.


20s: Now that you’re out of school, the world is full of discovery, adventure and opportunities for you. With your new found freedom, don’t get carried away and overstretch your paycheck on an expensive lifestyle. Trust me, there is no better time than now to lay a solid groundwork for a bright financial future and foundation for your golden years.

Retirement may seem a million years away but it is never too early to start saving. As time is on your side, even a small amount every month can add up to a big payoff at retirement. So don’t miss the unique opportunity to maximise the power of compounding.

It may seem like a Herculean task to set aside even a small sum of money. With a small salary, paying for daily living expenses, car and student loans and rent can be a chore. Even with these commitments, there are ways to help you start saving for retirement. The key is in proper budgeting.
Establish good money habits – create a budget and track your expenses. Then test it out for several month to make sure it is realistic and adjusting it along the way. Also, don’t spend beyond your means.

Tackle Credit Card Debt – Don’t use credit card unnecessarily and try to pay off the full amount monthly. Most folks don’t pay much attention to their credit card debt. By just making minimum payment monthly and letting the outstanding balance rollover on hefty interest, you lock yourself in perpetual debt.

Pay Student Loan – Under no circumstances should you fall behind on student loan payments. Be vigilant on monthly payment so you can clear your student loan as soon as possible and put it behind you.

Create Emergency Fund – While busy paring down your debt, don’t forget you should be building up an emergency fund. Ideally, you should aim to have six months of take-home pay but if it seems too lofty, start with one month and build from there.

Set aside Retirement Fund – Contribute a small percentage of your paycheque that you feel is reasonable. You can start with 5% contribution monthly then add 1% bi-yearly. If you earn a salary of RM2,000, the 5% is only RM100 a month, that works out to about RM3 a day which is very reasonable. While the amount may seem small, the magic is in the compounding process when your savings or investments help you earn interests over time. The longer you save and invest, the more interests you earn. One secret to discipline retirement saving is to have your savings taken automatically from your paycheque, or known as “Pay Yourself First”.

Meanwhile, don’t forget to take advantage of the Private Retirement Scheme (PRS) Youth Incentive. With this scheme, contributors aged 20 to 30 stand to receive a RM500 boost from the government towards their retirement savings if they contribute a minimum RM1,000 a year.

30s: During this decade, you likely have more money coming in than you did in your 20s, but that’s not a good reason to spend it. Your financial goals are likely to get a bit more complicated in your 30s. Many people are still paying off credit card debt and student loans, working on building emergency savings and kicking retirement savings into higher gear, while also saving for a house down payment and perhaps thinking about starting a family.

So how to juggle it all and still make your retirement plan work?
Here’s the analogy: If you try to fill too many buckets, none of them are going to get very full. So, prioritise on your three biggest goals. If you haven’t mastered the big three – paying off credit card debt, building an emergency fund and putting aside for your retirement savings – then those should automatically be your top priorities. Once you’ve addressed your basic financial security needs, you can start contributing to other goals like saving down payment for a house or kids’ education fund.

Continue to Hack Away Debt – You may have outstanding student loan left and credit card debt you are paring down. Try to wipe out all debts as soon as possible. Tackle debt that is most expensive first, meaning the highest-interest debt. However, if you have low-interest debt (below 3%) there is no need to rush paying off everything as you can free up cash for other goals that are more important and give higher returns.

Reassess Insurance Needs – Big life events – getting married, having kids, buying a house – can be trigger points for examining whether your insurance needs are being appropriately met. If you have dependents, securing life insurance now will help them maintain financial security should anything happen to you. Still being young and healthy, you should also look into getting medical insurance coverage now which will definitely come in handy during your retirement years.

Retirement Planning – If you have been setting aside about 5% of your salary for retirement savings in your 20s, in your 30s you should increase the percentage to about 10% or more. On top of that, consider adding some amount of your bonuses to your retirement savings as well. If you’ve been investing your retirement money in PRS, unit trusts, stocks, etc you can afford to choose more aggressive investments while you are young to bring bigger gains in the long run.

40s: You are approaching your peak earning years when it is essential to save money and make sure your investments are allocated properly. However, this decade can be challenging for people with families who must provide both aging parents and growing children. Whatever the challenges, make retirement savings a priority. With credit card debt and student loans paid off, that amount can be utilised to help build your children’s education fund. And as you make more, don’t forget to keep padding your emergency fund if possible.

Make Retirement Savings a Priority – If you have kids, you may feel compelled to put your retirement savings on hold in favour of saving for university tuition. But do remember this saying: “You can borrow for education but you can’t borrow for retirement.” With 10 to 20 years left to retirement, it is crucial to understand how much you should save for retirement. Sit down with a financial planner to go through your overall retirement goals and address the financial gaps. If there is shortfall, this is a great time to bump up your contributions and consider how you can pad your nest egg with freelance or consulting work on the side.

Focus Your Investments – 40s is typically your high-earning years, which makes it a good time to become more thoughtful about whether you are investing in the right way. It is important to invest with a purpose and goal, and invest with a time horizon and risk tolerance assigned to each goal. For example, if a portion of your portfolio is earmarked for kids’ education fund and they are 10 years away from starting college, consider investing in investments that are more conservative due to the short time horizon.

50s: Retirement is drawing closer. Your kids are probably graduating from university, if not already. They should be independent and free from your financial responsibility. By now, the mortgage that you took up in your 30s should be paid off soon. If not, focus on that to be one of the goals in your 50s as you definitely don’t want a big financial commitment to burden you in your retirement years. Your emergency fund is in place and debts all paid off. So, it is time to heave a big sigh of relief after decades and decades of planning. With most of your financial goals materialised, you can begin to cut yourself some slack to go on a dream vacation. But ensure that your retirement plan is still on track.

Turbo-charge Your Retirement Savings – If you have been setting aside about 10% of salary in your 20s and about 15% in your 40s for retirement, consider ramping up the percentage to 20%-25% or saving as aggressively as you can. This is to make up for years when you weren’t able to save enough.

Reducing Expenses – You might consider downgrading your lifestyle and get into the habit of living on a fixed income and saving the extra money. This helps one to get ready for managing spending in retirement.

Evaluate Your Retirement Plan – Review and update your retirement plan to make sure you know how much you should be saving and ensure your investment and asset allocation strategy is aligned with your goals. It’s also good time to shift your investment portfolio from growth to a combination of growth and income to reduce taking too much risk as retirement approaches.

Bulk Up Emergency Savings – As you get closer to retirement, ensure your emergency funds equal to one to two years of cash. This way, if an economic downturn hits the time you retire, you can just spend cash without liquidating your investments at a low.

The secret to long-term retirement planning is really quite simple – learning to budget early in life, sticking with it, saving aggressively during your peak earning years and investing your money wisely and diversely. If you adopt a marathon approach to retirement planning, it allows you to take a holistic view on your overall financial picture and see how decisions made in your 20s, 30s, 40s and 50s can impact your golden years.

Saturday, 12 March 2016
by ismitz matthew de alwis

Tuesday, February 23, 2016

Flex Medical

Zurich Insurance Malaysia Berhad also had this Flex Medical policy as a rider to your Investment Link Policy. Dont worry , stay protected with Flex Medical benefits. A lifetime of affordable healthcare. Attached is the details. Interested please contact me. Cheers!

Sunday, August 2, 2015

International Healthcare Protection

If you think our medical insurance is expensive , then look at the following brochures. The lowest plan, that is Plan 4 which cover Rm3 Million at age 35 the yearly premium is at Rm9523. I have expats asking about our medical insurance that they wants to have a very comprehensive coverage such as pre-existing illness, dental , pregnancy and health screening. Our MedicaLife 210E or local medical policies doesn't provide all these. All these comes with a hefty premium. Example Cigna Health Plan coverage of USD 1 Million the monthly premium is about USD 500. It all depends on what you want. 1st class coverage 1st class premium .

Friday, January 2, 2015

MedicaLife 210E

Comprehensive medical protection for those who truly love
A comprehensive medical protection for the ones you love.
These days, medical insurance is no longer a luxury; it is essential. With medical costs spiralling upwards in recet years, it is only wise for all of us to have medical insurance, to make sure we are protected against medical emergencies as we age.
MedicaLife 210E is a hospitalisation and surgical policy especially designed for those who are concerned about rising medical costs and understand the importance of having comprehensive medical protection up to a ripe old age.
With 4 comprehensive plans to choose from, MedicaLife 210E is a ideal plan for you to protect your loved ones.
   

Wednesday, September 8, 2010

Medical Insurance Cards

I would like to hi lites the benefits and advantages of having a medical cards here after reading an interesting articles head line by the Sunday Star last weekend. Many people are buying insurance due to high medical cost. Rising medical costs have prompted more Malaysian to take up multiple health insurance policies. Insurance clients buying multiple medical plans to ensure full coverage.   Industry experts attributed the growing demand to healthcare costs escalating between 13% and 15% annually.Malaysian life expectancy also increase over the years due to improved living conditions and medical advancement. More patients are turning to private hospitals to avoid long queues at the public hospitals. Normally employers do not provide post retirement medical coverage for their staff so before retirement most of them buy their medical insurance first to avoid exhausting their savings should they be stricken with a major illness.
MAA Assurance Healthcare and Medical Insurance AVP said MAA have received very good responses towards MAA guaranteed renewable medical policy MAA ML210 unti age 80. By setting aside some reserve funds in the form of insurance premiums, a policyholder when faced with a claim on critical illness will not need to deplete theirs bank accounts, EPF savings or sell off assets to pay for medical treatment. Be smart and wise buy our MAA ML210 Medical insurance now.       

Wednesday, August 25, 2010

MEDICAL CARD

Attend the briefing on the importance of having a Zurich Medical card. Which card do you need for hospital admission ?
With this Zurich Medical card you just show to our 80 plus panel hospital for admission. Even the Prince Court Medical centre a 7 star hospital also accept our Zurich Medical Card. What happen if you do not have a medical card ? You have to used your own money or this  Maybank card ATM
A simple operation like appendicitis cost RM1800 3 years ago now may cost you RM3000 or more with our medical cost inflation at 15% per year. So make the decision to have a Zurich Medical card today.
The following are the report stating most of our EPF contributor withdraw from their retirement fund to finance their medical fee. So sad :{ 
  
A total of 93,914 Employees Provident Fund (EPF) members have withdrawn a total of RM500.8 million under the fund’s health withdrawal scheme since the scheme was introduced in November 1994.Our Prime Minister Datuk Seri Najib Razak said 71 per cent of them were those with monthly income of less than RM2,500, while 17 per cent comprised those in the RM2,500 to RM4,999 income bracket, RM5,000 to RM9,999 (nine per cent) and the remaining three per cent made up of those with monthly income of more than RM10,000.
“The EPF health withdrawal scheme is aimed at allowing members to withdraw money from their Account 2 to pay for the medical cost of critical illnesses suffered by themselves or dependents who are approved by EPF,” he said in a written reply to Senator Zamri Yusuf in the Dewan Negara today.
Najib, who is also Finance Minister, said last year, 4,601 EPF subscribers withdrew a total of RM37.3 million from their Account 2 for the health withdrawal scheme.
This year, as of June, a total of 1,794 subscribers had withdrawn RM14.4 million under the scheme, he added.
Meanwhile, Najib said that effective June 15 this year, the list of critical illnesses for the health withdrawal scheme had been expanded to cover 39 illness, from 13 previously.
The illnesses included apalastic anemia, blindness, kidney failure, Parkinson’s Disease, total permanent disability, leukemia and intellectual impairment due to accident or sickness. — Bernama 26/07/10
GET Zurich MEDICAL CARD NOW.............
Contact Tony 019-3234605 or email:ttong3@gmail.com

Tuesday, August 17, 2010

Best Medical Card in Malaysia




Zurich Insurance Malaysia Berhad recently launch the Best Medical Card in Malaysia.
Medicalife 210E. The only card you need for Hospitalize and Surgical
Dont let the rising medical costs bring you down !
Your life is always precious, especially to your loved ones. it's a sad reality but life can be changed forever through a freak accident, a sudden heart attack or a dread disease. Its effect can be devastating, especially on your family ! So dont let yourself be caught unprepared for these sudden mishaps.
Protect yourself against the rising cost of medical treatment with Medicalife 210E.
Benefits:
  • High Lifetime Limits
  • Guaranteed renewal 
  • No Restrictive Surgical Schedule
  • Day Surgery
  • Out-patient Cancer Treatment
  • Out -patient Physiotherapy Treatment
  • Home Nursing Care
  • Medical Report Fee
  • 24-hour Worldwide Cover
Interested to purchase or need more info please email me at ttong3@gmail.com or sms 019-3234605

Friday, December 25, 2009

Health Tips


Just 10 minutes with your doctor to find out about a simple and effective healthy lifestyle.

Excessive weight will substantially increase the risk of several disease, particularly high blood pressure , heart disease , diabetes mellitus and cancer. Weight reduction , even in moderate amount of 5% to 10% can significantly decrease these risks. In addition to that , you will feel better and healthier.

How do you know whether you are overweight?
Body Mass Index (BMI) is a common measurement to check if you are overweight.

BMI=Weight (kg)/Height (m) x height (m)
A person with normal weight should have a BMI between the ranges of 18.5 to 23.0

Another simple way to know whether you are overweight is by measuring your waist

Waist circumference0 Overweight Obese
Male >90cm (35.5’’) >102cm(40’’)
Female >80cm(31.5’’) >88cm(34.5’’)

You are what you eat. All type of food like protein , fat, as well as carbohydrate, if taken in excess will contribute to extra calories and be stored as fat in the body.
Although dietary fat is rich source of calories reducing dietary fat without reducing total calories will not produce weight loss.

Physical activity is important in the effort to lose weight because it increases energy expenditure . Start with an extra 30minutes of walking a day or any of the following alternative below which are equivalent to 30minute of walking.

Monday, August 17, 2009

Influenza A (H1N1)

Fantastic news ! H1N1 is covered under our MAA Assurance medical insurance card Medical Life 207 policy. For more information on H1N1 please visit this web site at www.cdc.gov/H1N1Flu

Wednesday, July 22, 2009

Medical Bankruptcy

I came across this very interesting article in our July09 Agency Review. It comment about the financial stress due to critical illness and medical cost.

Medical Bankruptcy in the United States,2007: Result of a National Study
Background: Our 2001 study in 5 states found that medical problem contributed to at least 46.2% of all bankruptcies.Since then,health costs and the number of uninsured and under insured have increased,and bankruptcy laws have tightened.

Methods:We surveyed a random national sample of 2314 bankruptcy filers in 2007,abstracted their court records,and interviewed 1032 of them.We designated bankruptcies as "medical"based on debtors' stated reasons for filling,income loss due to illness and the magnitude of their medical debts.

Results:Using a conservative definition ,62.1% of all bankruptcies in 2007 were medical; 92% of these medical debtors had medical debts over $5000, or 10% of pretax family income.The rest met criteria for medical bankruptcy because they had lost significant income due to illness or mortgaged a home to pay medical bills.Most medical debtors were well educated,owned homes and had middle-class occupations.Three quarters had health insurance.Using identical definitions in 2001 and 2007,The share of bankruptcies attributable to medical problems rose by 49.6%.In logistic regression analysis controlling for demographic factors,the odds that a bankruptcy had a medical cause was 2.38-fold higher in 2007 than in 2001.

Conclusions:Illness and medical bills contributed to a large increasing share US bankruptcies. Transfer the risk to a insurance company. Take up a medical insurance policy.

Monday, June 1, 2009

FLAT FOOT


Where to seek treatment in Klang valley?

Welcome suggestion and recommendation.