Merry Christmas

Christmas Blessings ! Wishing a merry Christmas and a Happy New Year 2011 !

With all the stress , hustle and bustle throughout the year 2010....... Christmas is approaching and this is the reason to celebrate and remind us to share with your children and friends. Merry Christmas everyone and cherish quiet moment & enjoy the beauty of Christmas Love & Hope.................

Please Click on the link below for one of the loveliest Christmas Cards you've ever seen.

http://www.jacquielawson.com/viewcard.asp?code=2007134554829&source=jl999

Planning for the new year

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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

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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.

Life Stages

MAA Assurance one of the leading top insurer in Malaysia have a wide variety of products to suite your needs at various stages of your life. We do have Ordinary Life Insurance, Super Fortune Plan ,Investment Link policy, Maaxlife and MaaxCombo ,Medical card insurance, Medicalife 210 ML210, Personal Accidents policy, PA Evo110 as well as Senior Gold policy that is guaranteed accepted EVEN WITH HEALTH PROBLEM. MAA Assurance is a certified ISO9001:2000 for excellent quality management system. Enjoy efficient quality services at any one of our 44 branches and 2 Service Centers throughout the country.  Our Agency Excel Millennium under the leadership of Mr KK Tong a qualified CFP, ChFC,RFP ,CIAM, Doris Liew LUTCF and Mr Wong Loy Hing who hold a Master Degree and Certified Financial Planner CFP are all qualify financial planners to recommend the various types of financial products to address your concern and financial needs.Call us at +6019-3234605 or 03-21469229 and we are happy to assist you with all your protections and financial needs.

Happy Deepavali

Dear policyholders. clients and friends : Happy Diwali and have a happy holidays.

Health Talk

MAA Takaful is organizing a health talk specially for women by a well known doctor on 28/10/10 Thursday 8.00pm at our MAA Auditorium.Level P1, Jalan Dewan Bahasa 50460 Kuala Lumpur. This talk is free of charge. You are all invited to come and listen. Any other enquiry please call me or email me.

My Services

Image by Getty Images via @daylife

GOOD NEWS !

You may not provide Great Fortune to your family
                               but
You can provide them with Family Income, Children Education Funds,
Retirement Funds, Debt-Free Home and etc


You can’t foreseen and avoid from falling Ill or Accident
                            but
We can help you to save on your Medical Bills & provide Funds for Treatments

Our Service / Products
Healthcare Protection and Saving
Investment Shariah Investment and Takaful
Emergency Funds Family Income Funds
Children Education Fund Debt Cancellation Funds

We provide Claims Consultation and Personal Financial Planning

Please contact us for further details and consultation without obligation

Tony Tong
Tel:019-3234605
Managing Consultant
email:ttong3@gmail.com

We welcome person who are sincere and dynamic to join us as Consultant or Managing Consultant. Training and Career Path is available for your success.

Link : http://www.maa.com.my/
http://www.cmss.maa.com.my/
http://www.maaklmutual.com.my/
http://www.eims.rhbinsurance.com.my/
http://www.fpam.org.my/
http://www.mfpc.org.my/

Medical Card Benefits

Image by Nemo's great uncle via Flickr

When you purchase medical card insurance the most important features is the guaranteed renewal . Zurich Insurance Malaysia Berhad MedicaLife 210 medical card insurance guaranteed renewal up to age 80. The following are some of our Zurich insurance Malaysia Berhad MedicaLife 210 comprehensive medical benefits :

1. Room and Board : No co-payment on upgrading
2. Lifetime Limit = Six(6) times Overall Annual Limit as high as RM1.2 million
3. Outpatient Kidney Dialysis Treatment : As charged
4. Outpatient Cancer Treatment : As charged. Radiotherapy or chemotherapy including consultation, examination tests and take home drugs
5. Hospital Supplies and Services : As charged
6. Pre-Hospital Specialist Consultation : Inclusive of prescibed medicines
7. Post-Hospitalisation treatment: Within 60 days from discharge
8. Emergency Accident Outpatient Treatment : Within 72 hours
9. Medical report Fees : Include registration fee and wrist band
10. Best private hospitals in Malaysia including Prince Court Medical Centre and 87 more
11. Hasslefree hospitalisation : Medical Card
12. International Medical Evacuation and Repatriation Program
13. Reasonable premium
14. RM3,000 tax relief
15. Available in 4 plans
    

All these important benefits and feature are your solution to expensive Healthcare. Act now ! Call Tony at 019-3234605 or e-mail:ttong3@gmail.com to purchase a Zurich Insurance Malaysia Berhad medical card.

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.       

Selamat Hari Raya

Kami Mengucapkan Selamat Hari Raya Aidilfitri to all our Muslim friends and Happy Holidays !Drive safely, your love ones are waiting for you :)

World Cup

Did you know that MAA Assurance is a sponsor of the 2010 FIFA World Cup broadcast on Astro. MAA have spend RM3 Million on this World Cup advertisement in order for us to watch the match live. MAA is a proud SUPPORTER of the 2010 FIFA World Cup broadcast on ASTRO. So the next time you watch the match look out for MAA . MAA is 1Malaysia. Say Yes to MAA !. Say Yes to Solid Financial Security ! 

Fund Performance

The Malay Mail hilite our Fund Performance

from 5th January 2009-4th January 2010

Our Growth Fund an Equity Type 5-Jan-09 at 0,289 cents and

at 4-Jan-10 at 0.425 cent . That is 49.3 % Growth

Last Tuesday the Malay Mail headlines hilites our MAA Investment link insurance that delivery high return for the past 1 year. The Growth Fund generate over 49.3% return from January 09 to January 10. Congratulation to MAA Assurance and also to our Fund Manager. MAA Assurance is proud to announce our 11th consecutive annual declaration for our Investment-Link Funds for the year ending 31 December 2009.Those who are interested to invest with us call our friendly consultants or our call center now or Tony for a free consultation. Choose Maaster Investment Plan (MIP) + Maaster Saving Plan (MSP) + Maaxlife for your Protection and Investment

Insurance outlook

A very interesting articles from the Star. The report that all Insurers are in for better times.Life insurance business weighted premium for this year is projected to grow 12.5% to RM3.6 billion. This is attribute to improving economic conditions and the Government's various pump-priming measures. Life Insurance Association of Malaysia (LIAM) expects a good outlook for the life insurance industry based on last year strong performance compared with 2008 when there was almost no growth due to the financial meltdowns.
The gross domestic product growth (GDP)is forecast at 2% to 3%in 2010. The service sector is also anticipated to expand by 3.6% in 2010. This augurs well for the insurance industry. Usually this industry growth 3 to 4 times of the GDP.
Malaysia's penetration rate of insurance at 41% which was low compared with develop economy. Taiwan and Japan the pentration rate of insurance at 180% and 300% respectively. There are plenty of scope for the industry to grow futher.

MAA Assurance investment plans are doing very well last year. Last year Growth fund, a equity based fund growth by 47% out performed our Bursa Malaysia index. Most of my clients and policyholders are very happy with my services. My strategy this year is to do more investment link plan. This year theme is "Back To Basics". Recruit, Rebuild and Re-Energise.

MAA policy nomination

How many life insurance policys to you have ? When was the last time you do a policy review ? Have you do your nominations for your policy ?
Avoid further suffering for your loved ones
Nominate and update your nomination today.

Death is sad part of life and it is naturally distressing for your loved one.By planning ahead, you can protect them from unnecessary suffering upon your passing.This is especially important if you are the breadwinner.

By nominating and updating your nomination ,your family members can be assured of receiving insurance money without any difficulties in the event of your death.

This is what might happen if you DON'T nominate and update your nomination:

1. Your loved one would go through a difficult process to obtain legal documents such as letter of administration , Letter of Probate or distribution Order from relevant authorities to substantiate their claim before they claim.To obtain these document is time-consuming and there maybe fees imposed by the issuing authorities.On the other hand,with nomination all these documents are not needed and the claim process will be hassle-free.
2. The authorities will decide who gets priority to claim.This is likely to result in conflict between surviving family members.If there is a nomination,Your insurance money will go to the intended beneficiary.For Muslim members the nominee will act as an administrator (wasi) who will be responsible for distributing your savings according to the Faraid Law.

If you experience a life-changing event such as marriage, divorce or birth of your child , you are advised to keep your nomination updated.

Protect your loved ones from additional suffering.
Do the right thing by nominating and keeping your nomination updated.

The Courage To Act Now

Give yourself the courage to crash into each day's problems and do the things today that have to be done. The curse of life is procrastination, under the spell of which some men sit and wait for fairer days, wasting life as they wait, while its beads slip unchecked through listless fingers.Life wastes them as they waste life.Someday, you are going to set a record. Someday, you are going to surprise everyone. Someday, you are going to startle the world with your accomplishments. Someday, you are going to lick forever the troublesome problems that worry you. Someday, you are going to get tired of standing outside, and you are going to force your way into life's banquet hall and demand your place at the table. Someday.Give yourself the courage today to make the first step towards the things you have been talking for years about doing. A great gift it is, for it will enable you to act before the years have fled and taken with them the glory you had hoped to find in life.Paul Speicher.

Selamat Hari Raya

I would like to wish all my muslim friends, clients and associates celebrating Hari Raya :SELAMAT HARI RAYA AIDIL FITRI from us all. To others Happy Holidays and drive safely. Insurance is the best gift you can give to those who need.

H1N1 Flu

Life Insurance Assocaiation Malaysia (LIAM) had confirmed that all the 16 members will pay claims arising from the H1N1 flu. What is H1N1 (swine flu)?
Virus was first detected in people in the United States in April 2009.This virus is spreading from person-to-person, probably in much the way that regular seasonal influenza viruses spread.

Why is this new H1N1 virus sometimes called ''swine flu''?
This virus was originally referred to as ''swine flu'' because laboratory testing showed that many of the genes in this new virus were very similar to influenza viruses taht normally circulates in North American pigs.It has two genes from flu viruses that normally circulate in pigs in Europe and Asia and avian genes and human genes.Scientists call this a ''quadruple reassortant'' virus.

What are the signs and symptoms of this virus in people?
The symptoms of this new H1N1 flu virus in people are similar to the symptoms of seasonal flu and include fever,cough,sore throat,runny or stuffy nose,body aches,headache,chills and fatigue.A significant number of people who have been infected with this virus also have reported diarrhea and vomiting.Also like seasonal flu,severe illnesses and death has occurred as a result illness associated with this virus.

How does this new H1N1 virus spread?
Spread of this H1N1 virus is thought to be happening in the same way that seasonal flu spreads.Flu viruses are spread mainly from person through coughing or sneezing by people with influenza.Sometimes people may become infected by touching something with flu viruses on it and then touching their mouth or nose.

What can i do to protect myself from getting sick?
There is no vaccine available right now to protect against this new H1N1 virus.There are everyday actions that can help prevent the spread of germs that cause respiratory illnesses like influenza.

TAKE THESE EVERYDAY STEPS TO PROTECT YOUR HEALTH:

• Cover your nose and mouth with a tissue when you cough or sneeze.Throw the tissue in the trash after you use it.
• Wash your hand often with soap and water,especially after you cough or sneeze.Alcohol-based hand cleaners are also effective.
• Avoid touching your eye,nose or mouth.Germs spread this way.
• Try to avoid close contact with sick people

• Stay home if you are sick for 7 day after your symptoms begin or until you have been symptom-free for 24hours,whichever is longer.This is to keep from infecting others and spreading the virus further.

OTHER IMPORTANT ACTIONS THAT YOU CAN TAKE ARE:

• Follow public health advice regarding school closures,avoiding crowds and other social distancing measures.
• Be prepared in case you get sick and need to stay home for a week or so;a supply of over-the-counter medicines,alcohol-based hand rubs,tissue and other related items might be useful and help avoid the need to make trips out public while you are sick and contagious.

 Are there medicines to treat infection with this new virus?
Yes.CDC recommend the use of oseltamivir or zanamivir for the treatment and /or prevention of infection with the new H1N1 flu virus.Antiviral drugs are prescription medicines (pills,liquid or an inhaler) that fight against the flu by keeping flu viruses from reproducing in your body.If you get sick,antiviral drugs can make your illness milder and make you feel better faster.They may also prevent serious flu complications.During the current outbreak,the priority use for influenza antiviral drugs during is to treat severe influenza illness.

MAA Quick Planner

MAA Quick Planner is a Consultant sales tool
Comprises of prospect approaching, needs analysis sales presentation & handling objections
Need analysis
Family Contingency,Education & Retirement Planning
Sales Idea
Human Economic Value,Create & Save etc.
Financial info
Inflation rate,Education free etc
Available in 3 languages
English/Mandarin/BM
Special Offer if you join us as a MAA Consultant.
Hurry!! Grab the opportunity to qualify yourself for a FANTASTIC sales tool now!!

For further details, kindly contact 019-3234605 Tony Tong or email : ttong3@gmail.com

MAAKL Life Plus

MAAKL Life Plus offer High Coverage at Low Premium !

Many people do not realize that when one falls critical ill, on top of all the grief suffered, they and the loved ones are death another blow when it comes to medical expenses.

How many of us can safely say that should something happen to us, we are able to come up with the medical finances, however much, with no difficulty at all ? Would our family's quality of life. children's education and future be affected ?

Erase those worries off your mind and sleep tight at night. Act now and protect your family immediately.

MAAKL Life Plus is an exclusive benefits offered to MAAKL Mutual's investor Only!

Benefits :

• Term Life
• 36 critical illness
• Personal Accident
• Pay up to RM500,000
• Coverage up to 10 year

Summary of Benefit

Premium Table

No.of Units	Sum Inssured	Anuual Premium
		Plan 1	Plan 2	Plan 3	Plan 4
	RM	RM	RM	RM	RM
1	50,000	214	180	84	62
2	100,000	428	360	168	124
3	150,000	642	540	252	186
4	200,000	856	720	336	248
5	250,000	1070	900	420	310
6	300,000	1284	1080	504	372
7	350,000	1498	1260	588	434
8	400,000	1712	1440	672	496
9	450,000	1926	1620	756	558
10	500,000	2140	1800	840	620

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.