KUALA LUMPUR: Members of the Life Insurance Association of Malaysia (LIAM) have agreed to speed up the claims process for compensation payouts to the next of kin of passengers and crew of Malaysia Airlines flight MH17.
Its president, Vincent Kwo, said its members had agreed to waive the requirement of death certificates and speed up claims payment within a week after beneficiaries were confirmed.
“Even though some policies...
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Malaysia Recorded an Average of 7,000 Road Accident Deaths Annually and 18 Daily
25 Jul 2014
GEORGE TOWN: Traffic law enforcement should not be a seasonal ritual to coincide with festivals, like the current Ops Selamat that coincides with next week’s Hari Raya celebrations.
“It should be strictly enforced throughout the year,” said Consumers Association of Penang (CAP) president SM Mohamed Idris at a press conference in his...
The Importance of Health and Wellness
24 Jul 2014
Health is a dynamic process because it is always changing. We all have times of good health, times of sickness, and maybe even times of serious illness. As our lifestyles change, so does our level of health.
Those of us who participate in regular physical activity do so partly to improve the current and future level of our...
What Is Travel Insurance?
21 Jul 2014
Travel insurance is a type of insurance policy that covers you and/or your family against injuries, disability, death and damages or inconveniences you may suffer as a result of travel-related incidents.
Typically, a travel insurance policy offers only a once-off coverage, meaning you pay for coverage for one specific trip with a fixed...
Road Safety Department: Number of fatal accidents in Johor alarming
18 Jul 2014
JOHOR BARU: The number of fatal accidents in Johor is alarming, with 539 deaths recorded until June this year.
Road Safety Department (JKJR) Programme and Project Implementation Division director Mohd Rusdi Mohd Darus said as at June this year, there were 31,975 road accidents in Johor, despite an increase in road safety campaigns.
"Almost...
Takaful Concept in Personal Accident Takaful
17 Jul 2014
The personal accident takaful ensures that you are protected 24 hours a day, and anywhere in the world, subject to the terms and conditions of the plan. You contribute a sum of money to a general takaful fund in the form of participative contribution (tabarru’). Participants of the fund agree to help each other when they are involved...
Who Can Apply for Personal Accident Insurance?
16 Jul 2014
Most people are eligible to apply for PA Insurance. However, some details such may differ depending on the policy.
People who aren't eligible to be covered under PA Insurance are those with high career risk for example the police, military and law enforcement officers, divers, pilots or crew members, aircraft testers,...
Personal Accident Insurance: An Affordable Insurance Policy Plan
9 Jul 2014
Personal accident policy should be the suitable preliminary suggestion for whom that wanted to purchase insurance coverage for themselves or loved ones.
The insurance is not only affordable, but also suitable for young generation who just started career when they began to think about self protection with insurance. However, some...
Why Consider Personal Accident Insurance?
8 Jul 2014
Most of Malaysians lack of awareness about the importance of insurance coverage. In fact there are still many who do not understand the importance and necessity of insurance for future. They average perception insurance is not so important and it will only burden or add their existing commitments.
So why need to add a monthly commitments...
Personal Injury Cover
7 Jul 2014
How personal injury cover works?
Accidents can happen when you least expect them and a serious injury or accidental death could put you and your family in serious financial difficulty. Personal injury cover, or personal accident insurance as it is sometimes called, can provide you with financial help in such a situation.
How can...
Why Celebrities Insure Their Body Parts?
4 Jul 2014
We insure our homes, our cars and our lives but when it comes to Hollywood, some stars have much more at stake (legs, breasts and bums, for example.)
If you look at the purpose of insurance, it’s to rescue you financially in the event of disaster. It’s meant to save a person who would otherwise literally go under if they had that damage...
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