I was invited to listen to a briefing yesterday at Plaza Mayang ss2. It was presented by a company known as HRO-v or hro vision sdn bhd. They started with a talk from one of their boss from the headquarters giving us knowledgeable talks about finance and stuff. Was quite impressed. Then slowly he introduced us to 2 things by Uni.Asia.

Uni.Asia is stakeholders are
41%UOB and 51% DRB HI-COM group.

First he told us about the savings plan. Just briefly as his target was not for us to start saving but instead becoming one of his agent.
One of his saving plan was If u start saving RM6000 per year, The next first year u will not receive any benefit. But the year after that u will receive a RM2400. They claim it's guaranteed amount.
There's a smaller amount plan which needs u to save RM300 per month, accumulating RM3600 that year. Same thing is the next year you will not receive any benefit but the year after that you will receive Rm1440.

That's probably all about the savings plan that he introduced us to.

Then this is where the gimmick comes.
He then showed us pictures of some of his successful agents buying big cars at a very young age. His benefits for agents are as below:
- 35% commission for every successful savings signed for every month for a year. Then it gets lower every year until the 6th year.
For example you get a friend to start saving with the RM300 per month plan. So by the next 12 month you will get RM105 every month for a year as comission.So if you find just 10 people to start saving with the most basic saving plan in that month, you will have 1050 every month for a year. So according to him, if everything he said is true, is a really good way to earn money, since the saving plan is really attractive too.

My question is,

[B]Are those stuff i mentioned above legit? Real? True? Fact? Is it a scam?

i have no idea myself. Been doing some research online, and it's true that UniAsia is formed by DRB HI-COM and UOB bank. It's true that Uni.Asia has several branches in malaysia. BUT the HRO vision sdm bhd i was at yesterday had little detail on the internet.

So, anyone here has experience with uni.asia or HRO vision? Any pros or sifu here to give comment?

The normal insurance reward for commission can goes as high as 35% plus 5% persistence bonus. Let say you hit a certain amount of target, requirement to continue as their agents for upcoming years. if you can't hit the targets, your license as an agents will be terminated, as well your commission.


The saving plan for insurance is a junk, for me. Well, every insurance explain the same thing, rewards, careers, business or marketing plans.

By recruiting another agents, they will be rewarded 5% overriding commission depend agency and insurance company, let say you hit certain amounts as required. In another word, insurance is the first MLM business to be introduced.

Our insurance industry is more like a multi-level marketing (MLM) company. they talk more on recruitment rather than on the passion of selling insurance. they talk more on making money from the overriding commission, incentives and oversea trips, focusing their amount of premium and dreaming to become Million Dollar Round Table (MDRT).

Other than medical card, saving or investment plan are junk. or so called smart retirement moved. The reason of disadvantage is too many charge, funds charge, administration charge and so on, handling to agents that no experience in managing funds or money. However, for some people, they like it. it's a contract terms. when you cancelled, you will lose money if it below 10 years depend plan.

HRO Vision probably their group name, since most insurance agents have their groups. Such as Vision, Success, Super Youth and so on.

It up to you.

This post has been edited by adolph: Oct 14 2012, 11:30 PM

Thanks for the comment!

So you are actually aware of this saving plan from uni asia? . They did not talk much about the saving plan. But why do you say it's a junk when the interest is that high? About 40%. You only have to wait for one year where the interest is 0%, and by the next year you are 40% richer? And according to the plan you only have to save for 6 years, then you will be allowed to take out the money and ur interest. Probably unlike ETIQA where u will have to wait till ur hair grows white and balls start sagging . What im actually worried about isn't about the plan since it's from a well backed company. But instead working as an agent for the company ( in my case here HRO vision). Why is it that they are so desperate in recruiting members? ( Showing photos of agents buying big cars, continuously telling their success so we'd be interested. Not sure if it's true or not.) I'm still young and actually quite naive about this kinda case. So if u have more to tell, please share ! I will really really appreciate it! Since according to what the agency say it's actually quite attractive financially.

Lol, there's no return for guarantee as high as 40%, maybe they mislead the plans. These probably endowment plan, please read the portfolio carefully. And, insurance plan will never be a tool to get rich, it a tool for protection.

Please use IRR (Internal Rate of Return) to calculate the return.

And, Return of Investment (ROI)
Example, an investor buys $1,000 worth of stocks and sells the shares two years later for $1,150. The gain from the investment would be $150 which is 2 years.

ROI = [(1,150 - 1,000)/1,000)]*100 = 15%

I don't invest my money in something that beyond my control, handling to agents, or salesman that don't have experience in managing money, without knowing who manage your money. They merely hunt your money for reward without knowing how risky a funds performed in markets. These agents are not investor, they're salesman. Salesman has the ability to sell, but not good in making you rich.

These people "Giving a People to feed, rather than teaching people to feed".

"Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime." Chinese Proverb

Car is one of the worst liability, don't buy until you can afford the wealth. If you're still young, it not bad give a try. Experience is your wealth in future, Learn as much as possible. There's a saying, haste make waste. Don't blinded by what your eyes see.
However, it up to you. Some prefer people manage their money.

Have a nice day

This post has been edited by adolph: Oct 15 2012, 12:29 PM

sounds like u are really keen to be recruited by them!

i think they key difference here is if you want to be an insurance guy or more towards investment. do not mixed both up together becoz it will get your clients no where. i have met many agents who focuses on this sort of savings plan, and not many last long, and most of them tend to lose quite a lot of friends after that.

people will not remember u much when they get the returns that is showned in the projections, but they will definitely come after you when returns are not up to expectations.

put yourself in that scenario, if u think u can handle that sort of responsibilities, go ahead. all this savings plan can earn u fast money, but doesnt really get u anywhere after that.

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Added on October 15, 2012, 6:09 pmsounds like u are really keen to be recruited by them!

i think they key difference here is if you want to be an insurance guy or more towards investment. do not mixed both up together becoz it will get your clients no where. i have met many agents who focuses on this sort of savings plan, and not many last long, and most of them tend to lose quite a lot of friends after that.

people will not remember u much when they get the returns that is showned in the projections, but they will definitely come after you when returns are not up to expectations.

put yourself in that scenario, if u think u can handle that sort of responsibilities, go ahead. all this savings plan can earn u fast money, but doesnt really get u anywhere after that.

This post has been edited by kidZac: Oct 15 2012, 06:09 PM

I really appreciate your teachings! . Actually i am just a student now looking for some side income. So when they told me all those benefit i was attracted straight away without even considering all of the risks. Thank you so much. Will look much further into these kind of cases and then decide!

FYI,
This HRO Vision previously was in ETIQA and P1-Wimax.
All the methods/technique they using are totally misleading. They have banned from ETIQA as well as P1-WIMAX due to the complaints from customer.
Anyways, their big cars and big money are from their dirty technique.
My advise, you can join UNI ASIA under other agency/corporate but Not HRO for your own good.
*My friend was from HRO vision and he quited HRO due to this, and this is wat he told me.

Anyways, the cars are tempting and the option to choose is always in your hand.

i went to their briefing yesterday and it as sound as interesting and i nearly have an urge to join because you just need a rm336 to get a lisence and start working.

Its a fast money and 40% rate of return as well as 110% commission as accumulated in 6 years but there is one question in my mind... How they manage their capital as most of their fund has goes to commission?

And why most of their workers buy cars instead of properties?
I really need an expert who experienced from this to give me some advice.. should i in or not?

RM336? Why they charge so high for insurance license?

Showing luxury cars and oversea travel owned by members are the normal tricks for them to recruit new blood in MLM business,merely a mental tactic to catch attraction. Please completely understand their business nature and the way they sharing profit before you commit in any agent company. Just my 2 cents.

My opinion,

Yes, normally most sales manager will advice them about buying a car as an investment first to ease them recruit new members, show how fast they can re-cope their income, a lot of these agents bought expensive car, such as Audi and BMW, just like old tactics by focusing financial freedom. And, probably $336 will be included all text book and coach depend groups.

The allocation premium to purchase units in the unit fund, known as Net Asset Value (NAV) is determined daily from the valuation of fund, is very low especially from 1st to 6th year depend insurance plans which is used to paid expenses such direct distribution cost, commission agents, upfront charge and etc. But also, probably yearly management fees will also be imposed.

I knew some of self made financial freedom in the outside, by expanding their networking business outlets, earning hundred thousand a year to million. but still driving an old Saga.

This post has been edited by adolph: Nov 21 2012, 12:25 AM

is it true that hro vision is under uob and uni asia?

They said it was include a textbook and some training?

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Added on November 26, 2012, 12:38 pmI have go through their Hro vision website and it is nothing more than a blog.. They just show their vision mission and very limited information.. They website have very little unnecessary stuff and have nothing about yet product and services @@


This post has been edited by humanhope: Nov 26 2012, 12:38 PM

The word insurance means to insure, not investment. It is to protect the losses of the unfortunate few from the contribution of many...

Insurance is not free, the higher the protection value the higher the risk for the insurer. This means higher premium.

I was there last night in another branch of HRO Vision Sdn Bhd at Setapak. Their office is located at the First floor of Dani Kafe, same role with KWSP, opposite KL Festival City Mall!

I was invited by one of their girl agent and before i attend to the briefing, she told me that their company was known as PDO, NOT HRO!! I am so sure as I have repeat many times to confirm their company name with the girl.
Besides, the girl let me know that their company is handling a lot of EVENTS and they need people to join them, and these build my interest to see what kind of company is that although i can't even search for any information of their company on the Internet.

All of the agents are treating us so friendly. They will join us and chat with us like they are trying to make good friend with you, before the briefing start.
Most of the new members who went there for the briefing are youngster and students (especially students from TAR College).
One of them told me that, he had been told to have a job of PROMOTER!


When the briefing was started, I can see how they treat us like a naive person by showing their interesting slides, explaining all their attempting concept to earn money and attractive day of working, big cars, WITHOUT mentioning one word about events or promoter!

Some of the so call "successful" agents are wearing very expensive outfits and watch, to show off how wealthy they are, when they came out and have a speech on their experience in earning money!

OK fine! What make me so angry is when i try to decline their offer to become an agent and refuse to paid RM336 for the license, the girl was seem so desperate to persuade me and started to become impatient by raising her voice to me. I told her that i didn't bring that much of money or my ATM card neither. Then she said she will send me home by her BMW so that i can take my ATM card or the payment to her by that night. WOW! SO "NICE" of her.
The question is, why she is so desperate of earning that 5% commission from me if she is already so rich!
There are only people/worker who are looking for a job to feel desperate in order to join into a company, but this is another way round!

And are they expecting me to trust a person who is a LIAR who lie to me at our very first met, to get more people to the briefing by mentioning all those events, sales or promoter and even their company name????!!

They are very intelligent! They invite all those youngster who are still depends on their parents for pocket money and who are still a students with "BIG DREAM"!
There are more than 50 people in the presentation room, i wonder how many of them had use their pocket money or hard earn money to paid a group of LIAR!!!

I really hope that you guys can spread the news and information of this thread, so that youngster and students out there will be aware of this kind of fake company with a group of liar!

This post has been edited by FlyingFairy89: Dec 16 2012, 04:19 PM


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i also have attend the briefing, at the end did u have paid the money to her?
she have call us to prepare the SPM cert photocopy, passport pic a lot of those stuff.

I haved pay them.i am really regret about it. Can i purposely fail the exam?

Pass the exam as youve paid for it but whether to start selling insurance or not is up to you.

Let it be known that this is a Sales job. If you do not enjoy meeting up with people or just want to earn quick buck, sorry but you may be in for a disappointment.

Since this is a commission based you do not have a basic salary. The obvious targets would be your close friends or relative and subsequently you need to move to strangers.

If you do not move to strangers thats the end of your business and people whom had bought from you would be extremely pissed as the cases would now be transferred to your upline.

This is a business of providing professional services to your clients, a job most of us are passionate about.

There is no off day and your business is open 24/7 as clients can get admitted anytime.

Please do not misunderstand that I am trying to demotivate you but I am merely showing you the truth. You decide whether you are up to it to join the insurance business.

Good luck

i'm nt sure about whether this company is really under uni asia. and i attend the training is all about recruiting ppl. they din even mention about the saving plan.

Ahhhh so thats whats all the smses i've been receiving. Hahaha it's just so pathetic. Lot's of Tarcian are passing around the sms and so. So in the end it's them again . Did u see the way they laugh when one of their pals tells some really nonsense joke? Gosh it really disgust me. Like 0.01 seconds right after they laugh their face turn back to again. The whole talk i sat there quietly, looking at some fools being enlightened. At the end of the talk they will just gather you all and somewhat " Force " you to apply for a liscence. I had to start talking loud and show faces so that they wont bug me and let me go home. It's really sad to see some of the participant falling for their tricks and big talks. Sigh. I hope theres some authority to stop this kind of nonsense.

Ya i fall for they trick. Just don wan continue been brainwash by them.

No, I didn't paid even a cent to her.

If you have decided to join them, would like you to share your experience to us, from the exam to training and everything. Thank you.

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Added on December 16, 2012, 3:44 pmWhen is your exam? Since you have paid them, pass the exam and be our spy... Zero=Hero!! Save the "WORLD"!

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Added on December 16, 2012, 4:08 pmI did the same thing like you, sat there quietly with this face
To me, their jokes are so SILLY.

Yea, if this is really a prank, hope this will reverberate and expand throughout the nation and media, as action need to be taken immediately.

I AM HOPING THOSE WHO HAVE JOINED THEM OR HAD ALREADY QUIT, JUST SPEAK OUT, SHARE YOUR EXPERIENCE WITH US AND LET US KNOW THE TRUTH!

This post has been edited by FlyingFairy89: Dec 16 2012, 04:10 PM

I'm thinking of the same thing. they say that HRO only focus on the sales of the saving plan, but it doesnt make sense !

The saving of the customers goes into the bank, the interest paid by the bank, and the commission for staff also paid by the bank, 3 times per month. But why most of them are driving luxury cars, but not using the money for properties ? Where the HRO's profit comes from, how they finance the HRO properties, rental and other stuff ?
Erm, I ask this question because i cant figure out that actually where is HRO cash flow ? Every cash flow is from the customer to the bank, and the commission is from bank to staff, HRO? what they stand for ?

Oh my god!! same situation with me. I paid RM300++ to them also...

Agree with u.they keep saying they are from uni asia but seem like ntg to proof.

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Added on December 18, 2012, 3:57 pmWhen is your exam? If they have nt yet submit u better ask to return. Bt probably they will answer they already submit to hq bla bla bla..


This post has been edited by ZeroXI: Dec 18 2012, 03:57 PM

totally agree, that's why i didnt ask for return of rm336 coz i noe how would they respond..! I really hope to get a proof of what they are. Anyone joint them and know the true, please dont be selfish and tell us all what it is, indeed appreciate !

i will going to exam on next friday. will try to figure out what it is....RM336 for a lesson...

Good luck! U shud go to the training and know more thing behind this company.they told me that we will have client contact to follow up at the end is ask me to copy down all phone number in my contact then send a msg saying that looking for a part/full timer job as event marketing?when someone replied i nid to say just come for the briefing and *ta da*! Mlm job

I think this can't be considered as MLM... If they are not doing any sales or anything about marketing, and only about recruiting new members, this is CHEATING...

(y)
good says lol

^ if it is not even doing sales, how do you as the agent earn any commission?

This is why it is also important to join an agency that looks after your clients and your welfare, not only the agency manager's welfare.

Problem is they keep ask us to recruit new member does that consider sales too?if sales they shud put the saving plan in the 1st line nt calling us all keep recruiting member.

Seriously if it was for insurance line and they only concentrate on selling investment plans better dont join. Insurance is more on protection, not investment.

Learn to calculate the IRR and ROI before you get people to simply invest

besides rm336 for the exam, pay nothing to join in, but they ask us to recruit ppl. I sure there must be a benefit to them, but couldnt find it.

As i know the insurance exam only cost rm80++ they charge 336 cuz they said provide training and the exam set.i think they earn by thr? Just my 2cents

Lets say the exam charge is RM100, they earn RM200 per person.
Every class they manage to recruit around 50 people to join the briefing.
If 40 of them have decided to paid them, they manage to earn RM8000 per class.
As i know, they have 4 different branch (or maybe more) in different places. So RM8000 x 4 and they will manage to earn RM32,000 per week. RM128,000 per month!

But can i know what kind of cert/license or examination you guys went through?
Maybe the exam costing is less than RM80 or something that is fake that not even cost a cent.

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Added on December 21, 2012, 8:55 pmCan you or your friend kindly share more of his/her experience to us?

What type of DIRTY technique they are using?

This post has been edited by FlyingFairy89: Dec 21 2012, 08:57 PM

It is an exam taken with LIAM and you must pass it before you can be an insurance agent.
As I can remember, the exam only cost RM80 for life insurance.
However, some agency collect more as they provide you the text book, training, name cards, etc.
But.. RM336 seems expensive

Can anyone tell me who have the experience with tis job?Is it work or just like doing a sales or mlm,finding ppl only？
I had alrdy gave the RM336~waiting for the exam~
They told me need to attend the training at least one day every week and they talked about dream/goal,ask me to find 8 ppl for 2% commission,but that is nt compulsory wan ,is up to u wan earn the 2% or nt.
That is my few week experience,can anyone tell me him/her experience?

As i know that they are recruiting ppl to join so far..about the saving plan i am nt so sure.if u are interested with the job is your decision.but for me i wont be interested this type of job anymore. 1stly they din proof to me that they are really under uni asia nor uob.

pay 336 includes a past year question book, dont know how many hundred pages, i didnt even look at it, then i pass the exam. The exam is reli easy, and they charge us so expensive for the book lol. Btw, the note we still need to pay extra rm16

did you start ur job finding ppl save money?

well .. damn .. i paid RM 336 too , nw waiting d exam ...
ive contacted Uni asia customer service, when i ask about the interest unit guarantee cash plus plan , the offcer told me that the saving plan only offer 5% interest , which is not what the briefing have shown which is 40% , so i think they are misleading us ..

Then did you ask the Uni Asia officer whether is HRO Vision under Uni Asia?

yup , it is under uni asia.

they under uni asia, but not selling uni asia product ? lol

It could be 40% if kept for 20 years. That is why when it comes to insurance it is more of protection...

I went the briefing as well. I did not pay the RM336 because their desperate really look suspicious. I told them i do not have enough money and they say they will ask one of the guy to bring us to the atm. Wth... then i just keep rejecting them until they let me go. But I've fill in the form and my photostate IC and photostate bank card is with them. Should i get the documents back?????

Did u cross your photocopy ic and bank book for wad use?

They crossed it. But as what i rmb, the pen they use to cross seems no ink. The middle part seems didnt been cross. Omg. Should i take it back???? I'm kinda worried.

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Added on December 27, 2012, 12:41 pmThey crossed it. But as what i rmb, the pen they use to cross seems no ink. The middle part seems didnt been cross. Omg. Should i take it back???? I'm kinda worried.

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Added on December 28, 2012, 1:17 amSo hows it going now??

This post has been edited by crystalhweishen: Dec 28 2012, 01:17 AM

I failed my exam so they stop contact me..lol..if they had cross your ic and bank book shud be no prob i guess

But I've fill in the application form and I've sign it. Lol... they told me guarantee wont fail the exam. -.- LIAR.

^ wont fail if you study for it.

if u study wont fail la...i jz use 1 night to read through the note ==

I purposely fail it. If u have studied then wont fail.

Actualy i am one of the ex staff too. This company is for real and they do sales as well. There are people in this company who can really earn money and there are people who cant. the ppl there are really hardworking, they work on public holiday too,

they buy property as well, the icon city. as i know, none of the loan is approve.

"They do sales" refer to the saving plan?
Why did you quit?

Sales or recruiting? Please state clearly.

I alrdy stated very clear. Sales.

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Added on December 29, 2012, 6:24 pmYes the saving plan.

This post has been edited by Be malice: Dec 29 2012, 06:24 PM

And y did u quit?

y did u quit

I am still waiting for your reply

This post has been edited by ZeroXI: Jan 2 2013, 02:12 AM

LOL!

just came back from such a meeting, everything was very suspicious because:
1) Guy was very desperate to get my money, ask me how much i have on me now to give him as deposit, lied and gave him 5 bucks buy kopi. He going to come my house and find me tomorrow to get money
2)THEY TOLD ME IT WAS EVENT MARKETING ON THE INTERNET
3) if commission so nice, you earning 10-30k per month, why ask more people to join? why not earn 100k per month? you hate money arh?
4) when they calculated the commision per month they tell you 300x10=3000, commission is 1050 on the first month, but second month should be 25% instead of 35% so it's 750, then 15% on 3rd month onwards which is 450! The numbers were very misleading and obviously serve to attract those who are unaware!!

From what i see, maybe they take my 300 bucks and fly aeroplane already, or the selling part not very profitable, so they trying to recruit more and more people and earn commission through it.

BTW, the pictures of cars right, how we know the cars are theirs? ok maybe they have one or two lah, but i can wear suit and go around taking picture with cars too

anyone can explain more about this this company???

Well said.
Before i went to the briefing, i have already taken out all my money & ATM card from my purse and bring only RM10 with my IC. LOLz!

Then how are you going to settle with them if they are coming to get the money from you at your house tomorrow?

Just tell them this.

Look I understand that youve spent time with me and i appreciate your effort but my uncle Roy from Prudential had invited me and I AM OBLIGATED to join him.

If that still fails ...

i have joined this since last 2 weeks, i juz read all the post n comments from u all here by today. I am kinda regret to pay n join them. I joined this job without letting my parents noe, because it require us to pay, until today i read all the post here n i juz remind that why they nid our ATM CARD PHOTOCOPY instead of juz account numbers?
So, i decided to let my parents noe about my current condition n they scolded me all the ways... so, my parents wan bring me go to cancel the atm card service tmr.
But, in my opinion, i want to go to Uni Asia company to check out more about the company.
I have 1 question to ask, all those have pass their exam, do u all have any acknowledgement or appointment letter?

remember tell us the answer u got after that ya.. ^^
by the way, if hro is reli under uob but doesnt mean their way of doing things is right..
as we all knew, the 1st thing they did on us is alrdy not ethic...

later i will go Uni asia to check whether tat particular saving plans reli can get so much of interest after 2 years time. I also want to ask them whether their recruiting method and the advantages as they told us is true onot. If it was fake n illegal, i will take necessary action on it.

This post has been edited by manchesterfc: Jan 7 2013, 12:19 PM

Once got any info share with us yea!

This post has been edited by ZeroXI: Jan 7 2013, 12:28 PM

^ Can you generate a quote and email it to me? RM 300/mth for the savings.

That's the only way to look at the non-guaranteed returns and to calculate the ROI .... if any

Also, if the savings plan is giving more benefit to the client then the commission to the agent would be compromised. There is no secret in this.

Insurance companies are giving protection not high returns.

im just curious the plans with so freaking high interest, they would able to sell it easily, they can earn alot with themselves, why they wan to share to us??
1 more thing, they told me that the customers source(onli communicate with chinese) will be provided. Got such customers??
Besides, when i ask them for name card, i asked most of them, all said they forget to bring.
in addition, their branches office, have no documents, no files, juz have personal details form of the members that joined. It doesnt look like a normal office, but a gathering place.

Thank you so much for sharing!

And glad to hear that you will take action if found out that they are illegal, do count me in and really hope i can help even though i never join them before.

Wish to know more about their inner operation.

Anyone please let us know more about it, since they are all communicate with mandarin, i think we should have a same post like this in Chinese forum such as Chinese Cari.

Just went to their briefing today. Eventually they haven asked any money from me .. but i just say i'll keep them posted after i did some survey and research on the company. They let me go easily. Maybe i look fierce LMAO ! hahaha .. anyway after reading all these posting I'm glad i didnt fall into the trap.

i work in a bank before so i am really suspicious on their intrest plan and so on... althou i only work for 9months in the bank... never heard of the plan before. MAYBE it really exist but im PRETTYYYY Sure the intrest is not that high.

I will not say they are a scam but maybe its just ANOTHER BORING OLD MLM (Fast Money Scheme) Company. BTW ,,, if their so rich, cant they afford any SIGNBOARD? HAHAHA

owh yah. i went puchong branch.

CHEERS !

So have u checked?

Y I quit? Cos my father passed away n need to go back n inherit the business.

I have paid them money on last sat night...So is it possible for me to take back the money coz I already claim that I dw to constant the job on the next day...

Almost all ex staff told me the same reason.hahaha

Imposibble they will told u your money already submitted for the exam

my friend asked me to go to the job briefing this 28 jan
she said she started one month plus,her target on feb is to earn rm 5000
she said she worked like 10 days + and already making rm4000+(she's workin part time)

am temoted but consufed

*tempted

Action speak louder than word.if u don mind to ask your fren show u her bank statement then u will noe.

she said her relative saved money in FD and heard her saving scheme has higher interest so put 6000 into her saving scheme
she also save 6000 her own money there..from there she earned 4000++
she's coming from a rich family
when we were working together she always bought me things cz she always knw i hv financial dificulty
once her fren intro her this job recently she called me see if am interested,but i hv to find clients myself

Is your decision wheather u wanna give it a try or nt.but for me i rather work straight under a insurance or bank company compare to agency.

Do you see the logic here? Somethings just doesnt add up. Your friend put in Rm12k and she gets Rm4k. With that much for agent commission, how much do you think would be the interest rate return would be?

Ask your friend whether she could withdraw the money now ...

It is people like your friend that puts shame to the insurance community. Selling a plan without knowing what insurance is all about and even sadder asking relative to put in their money by promising high returns. She will eventually lose relative one by one... sorry for the rant...

This post has been edited by roystevenung: Jan 16 2013, 01:54 PM

i think even insurance company like prudential wont allow u to withdraw money rite now..
i personally dont trust the scheme,maybe the people lied to her because she cant lie to me(i think),if it is so she will be puttin herself into trouble with all the money under the saving scheme

No you cant withdraw, but the point is that youll be getting more angry relatives and friends when the so call investment does not work out.

If you are comfortable with it then by all means go ahead.

i thought someone said he wanted to check it out and bring an action about it why no news

If u still confuse y don u check it out yourself rather waiting?

Anyone can explain to me the this Uni.Asia commission scheme? im interested to join a insurance company to start part-time.

hi..do u go to check?any result can tell us here...

i oso go for the briefing last saturday n pay the RM336..n now i only say this chat,so very confuse nw..they say ask me to recruit 8ppl join them,,bt i scare this is just a trap for them to earn money..

Yup! That's right!! They couldn't even afford to pay water bills!! OMG!! When I used their toilet, is like, damn it! No Water!! ARGG!!! And the place was so so small!! I just went in yesterday at kelana jaya branch and thought of what kind of job will they offered to us, and in the beginning, everything was fine and they even shared some of their personal experience on how they started to join this ...bla bla bla, showing us pictures of them with their luxurious cars!! Quite impressive!

BUT, everything seems to be changing after that!! At the end of the session, they asked us not to move around and there goes my friend ( who brought me here ) jump in! At that time, I have no idea what's going on. Later that, she asked us to fill in our personal info. and even asked for my IC!!(I was like, WHAT?! Why on earth do you need my IC!!) Luckily I sense some fishy thing at that moment, I just said that I forgot to bring it and... one more thing that shocked me was that she even asked me to pay her RM 336 for exam fees. I was like, WTF! I mean I was kinda pissed off at that moment and said that I do not bring much money and guess what, they asked me how much do I have!! I was so angry and said that I do not have any money! And told them I need time to think! After that, I just went off. Lucky me. I mean, money does change a person, so pls pls be careful of what your friends told you, even if it is your best friend which you have long time not contact with and I did learn my lesson ( wasted my time and energy, but was glad that I did not ended up paying them).

If there is a way which we can earn so much money in just a short period of time, I would said, everyone will go for it!

This post has been edited by JusticeIncase: Jan 17 2013, 11:14 PM

trololololol, just so happened i had nothing to do yesterday and i got a call from my best buddy.

he said he got a call from one of the job provider (which we had completely no idea who is he) saying there will be a job briefing at puchong branch and asking if i will accompany him to the event.

so we make way through all the jam and hassles (from kepong) and reach there around 730 8-ish (agent and us both agreed to meetup at 7)

briefing was just about to start when we reach the office and boy the amount of people is just @@. i guess we skipped the ice breaking chit chat beforehand.

presentation wise i thought it has no clear point, as though the product itself is not the main point. too much "what-have-we-achieved" and "how-much-you-are-going-to-earn" stuff.

until one point i cannot tahan liao i ask my friend to leave BUT WE GOT STOPPED by a lady. she insisted us to fill up the application form and kept on asking us how did we find the presentation.

and when my friend tried to refuse to fill up, lady says "we are on the spot, on the spot" and stuff and i felt she was really desperate at that time. we got off by lying we have night shift work to do but we went to uptown and had steak instead

undeniably the presentation was attractive, showing money, cars and company trips, catching people by their desire of having more $$ and a better life. but personally i dont by such way of presentation. felt more like a brainwash session more than a job briefing.

1)1st of all,the commission of insurance career really can goes up to 35% for the 1st year as insurance we do not have any basic salary.

2)the saving plan return rate as u guys said 40% ya is true BUT NOT EVERY YEAR 40% is after u save for 20years u get back extra 40%
Example u save RM10,000/year,up to 20years is 200k, at end of the 20th years,u will get back around 300k or more or less.
they misleading u guys said 40%
The highest saving return rate in the market is around 6%+
(depend what product) anything too high=is scam

3)For the insurance exam we have to take 2 paper which cost around 180+(i not remember) confirm below RM200 for 2 paper which cover Life and investment paper. u guys said rm300+ mayb some fee goes to speaker?venue rental?food?photocopy of book?

4)if those people force u to join,the best answer would be just said that you have joined other company (just say maybe your parents or aunty uncle company which is an insurance Great Eastern/Prudential or any). we ONLY CAN HAVE 1 LICENSE attach to 1 company.so they wont bother to ask u register anymore.

5)Insurance is about protection,we need to service our client as if anything happen we need to claim for our client and the protection goes to their closest family member.
Why do they promote only saving plan because saving plan do not need to follow up anything and there is no after sales service.we do not encourage people to just focus on saving plan as if anything happen in future your client will blame u why it do not cover critical illnesses/accident/or medical card.

INSURANCE IS ABOUT PROTECTION !

I feel so cheated when the people desperately ask me to pay rm336 end up i paid rm 36 to escape as their so called application fees...zzzzz damn la...

They asked for all that u hv at the briefing night, just for ensuring u do not jz simply get disappear when they sms u after that day. since u r still concerning for the money u paid for.

Strongly agree with you. There must be some T&C. FYI, every Financial Product sold by Banks / Insurance Co in Malaysia must be approved by BNM.

There is NO way that BNM will allow an Insurance Company to sell such a so-called Guaranteed Investment Product that gives almost annual return of 33%. Cos, if ppl start buying this so-called product by millions and hundreds of millions and the Insurance Company cannot pay and closes down, it is PIDM which is an agency under BNM that has to pay.

I also went for a similar seminar by another Insurance Company, giving up to 12% return p.a. but the Catch was

1) Capital is locked up for 8-yrs
2) No returns for first 2-years
3) The Biggest Catch - the Guaranteed portion is only 3% p.a.