The cost of insurance depends on your age, gender, occupation and whether you smoke or not. Also the higher the rider you take the more costly it is.

From what I get online

This Policy is extended to cover the Insured Person as within defined resulting from engaging in motorcycling, provided always that this extension does not apply to any Accidents arising out of motorcycle racing, pace-making, reliability trial or speed testing.

Yes, of course. To be sure and to confirm, normally the policy you have will state what is the motorcycling clause.

But generally the clause should be similar for Personal Accident unless a company defines it diffirently.

Whats the reason of changing ?

There is waiting period for Critical Illness, Medical Card, ranging from 2 months - 4 months.

So far none.

MRTA normally quoted by the bank directly no ? upon loan application.

So far dont have such things yet

So apparently if I am representing an insurance company I can't post suggestion on the insurance company I'm representing that members of the forum are asking for opinion but it's okay for people who don't represent an insurance company to post about an insurance company product benefit with the company name on it.

This is not even an attempt to solicit any business but to provide them insight of other insurance company providing such feature.

Mod please explain which regulation this falls under?


- Taken into another scenario that I am a Toyota car seller having a discussion and someone posted about Honda and wanted to know more about the feature in a discussion and I can't post about what Toyota has to offer in similarity to Honda? I'm not even asking him to buy anything.

This post has been edited by lifebalance: Oct 15 2016, 01:48 PM

That is not the point. This thread is about discussion and you're asking for an opinion. I'm simply pointing out other options available. Yet the post is deleted.

I'll wait for mods to clarify and they may un-hide the post if it's not breaking any rules and regulations.

Unless I'm an insurance broker/website comparison company, I would love to post all insurance company website links in here as well that offers similar services that forumer might be asking for opinion but if I am specialise with only a company I don't see an issue posting things that I know that my company offers such. Are you supposing me to explain a product from company xyz which I have no idea/complete info on what I'm talking about to a member?

Im pretty sure other threads aside from insurance such as car talk, mobile phones talks about varied brands and comparison, if in between some members posted in Toyota Vios thread and then suddenly someone starts talking about comparing with Honda City and another person brings about Nissan Almera. I think such discussion is fair. Otherwise this wouldn't be a discussion which churns more information. But rather it will be quite boring discussion.

Just an example
Hi

I'm looking for a medical card, which company offers it?

What do you expect us to reply?
AIA, Great Eastern, Prudential, Allianz, HLA etc?

Next he replies
So which company is better?
Oh I don't know much about other company but I know AIA offers...

Bam I'm sure it'll be reported as advertising rather than being informative when we got no complete info on what other company might offer. And if we comment on other company product, we get criticised for being not well inform or misleading people with wrong or incorrect info.

If you're in our position, being a representative from different companies, how will you go about in such discussion?

Regards to the mortgage thread, have I not done reporting on the multi posters replying in 5 different post within 2 minutes the thread would be 500 pages by now. Disagreement happens but what I'm trying to make sure was that it wasn't being spammed. Do show me which post that I've abused the report button on the disagreement that I might take note of the mistake so that it won't be repeated

This post has been edited by lifebalance: Oct 16 2016, 03:25 AM

Noted on that and will keep in mind in the future. Thanks for the clarification.

You'll have to first find out

1. Why 500k? Is it enough to cover all my liabilities? How much will it last for my next of kin?

2. Will I be able to afford for the premium?

3. Any insurance is a good policy but if you mismanaged then it's not a good policy that doesn't fit you. Make sure to get it analysed thoroughly

I'm sure we do to be competitive with other insurance companies.

Firstly banks normally offer pushed marketing which means they did t understand your need and ask you to signed up immediately over the phone without the chance to think whether you need it or not.

First you'll need to get a life planner to analyse what coverage you need at the moment.

Its good that you have insurance awareness on this. Mind you investment link policy is an alternative to traditional policy at a lower price but comes with risk that is the investment can lose money and also gain money depending in the investment portfolio

If you're getting an investment policy for savings or to generate high returns then I'm sorry to say it's not an ideal plan for you.

Hi

Most likely there will be exclusion on things related to the kidney. Aside from there, other health issues should proceed as standard.

This post has been edited by lifebalance: Oct 18 2016, 03:06 PM

I will not be able comment on this until further notice.

This post has been edited by lifebalance: Oct 18 2016, 09:53 PM

I guess the market is pretty excited with term insurance which had existed in the market for decades which is now more marketable into the market. More advanced countries had implemented such mechanism and the agents still thrives.

There are countless things that people used to shout about, when general insurance had implemented to be available online, you don't see agents die off. Clients still prefer a personal touch to it. Probably just a small number of them goes directly via the online portals.

Insurance still needs the advise of professionally trained agents to guide and advise those who are in need to get the right coverage. I've stumbled upon so many people who don't know what they are buying and paid for it.

The people need to estsblish these fact
1. Why didn't insurance engage directly with customers instead of going through agent all these while?
If it's for profit I'm sure the insurance company would've cut off agent model and just advertise the business themselves
2. Why create so much incentive for agents to engage with clients?
3. Why insurance agent still need to take licensing if they are no longer needed as part of the BNM upcoming plan?

Will need to determine how much is your premium based on these factor
Your age
Your gender
Your occupation
Whether you smoke or not

I'm estimating around 5k - 7k per year if based on ur info

This post has been edited by lifebalance: Oct 19 2016, 02:28 PM

So what do you want to do about it? Reduce? Change to the original plan you had in mind? Just tell your agent