💼 I’m InsuranceMan, Business partner with Manulife Insurance Berhad and Champion Warrior Agency (CWA Group).
🧍🏻I promote and ready to serve my service to you. Buzz me for a comprehensive Insurance 🛡solution for you, your family & your Business and if have any enquiries, feel free to contact me 🤳🏻 0102355980.
•Life & Accident Protection
•Medical Card
•Critical Illness Protection
•Income Protection
•Family Health & Medical
•Takaful&Hibah Protection
•House Protection
•Vehicle Protection
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•Group Insurance
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Medical Inflation Happens because of
INCREASING DEMAND for better technologies & treatments
Discoveries of NEW DRUGS
INCREASING chronic & lifestyle illness
More MEDICAL CARE is required
In this post, I've debunk some pretty common misconceptions about coverage types, products available and so forth. It's super important to educate yourself so that you're well-protected. Read on to find out more.
Truth#
• SOCSO only covers you for WORK-RELATED INJURIES.
• It is NOT claimable for treatment on accidents that happen OUTSIDE OF WORK.
• It's also ONLY GOOD as long as you're working there!
Truth#
• Having $$$ is important. BUT you may not TIME to save enough.
• *TOUCHWOOD*! What if you develop a Critical Illness in your mid-30s? Would your savings be truly ENOUGH?
• What if you need $$$ for other purposes?
Truth#
• There's many Investment-linked packages that can be CUSTOMISED, EASY and FLEXIBLE as ordering your favourite nasi lemak! With a basic plan, you’re able to choose extra protection to suit your budget and lifestyle. Just tambah only!
• Term Life Insurance comes with adjustable coverage periods. Speak with your InsuranceMan, there's surely a plan for you.
Truth#
• Financial obligations can OUTLAST you. These liabilities could become a burden to your parents or siblings.
• You may think you don't need it, but proper coverage will SAFEGUARD your loved one's future.
Many people thought that medical card can only be claimed when there is an admission to the hospital. It's not entirely true as there are 6 conditions when outpatient (means not staying in the hospital) is also CLAIMABLE. Let's reveal this together!
Kidney Dialysis Treatment
Cancer Treatment
Physiotherapy / Stroke Treatment
Dengue Fever Treatment
Minor Accident
Day Surgery
Insurance company will not cheat you, only dishonest InsuranceMan does it. Don't lost belief in Insurance just because of one bad InsuranceMan.
Let's reveal how to JUDGE an InsuranceMan.
KNOWLEDGEABLE
Your InsuranceMan must have strong professional work ethic to answer a wide range of questions and handle concerns, from policy coverage to claim processes based on your needs.
RELIABLE
Your InsuranceMan must have a license and represents legitimate insurance company. They ensure your claim and policy are being handle in a proper manner.
RESPONSIBLE
When you have a medical emergency, your InsuranceMan should not be ignoring your calls or messages. They should be reachable, go above and beyond providing help and guidance to you immediately.
SAME GENERATION
Your dad may have assigned you his InsuranceMan in the past, it's time to pick an InsuranceMan same age or younger than you. Much older InsuranceMan could be either retired or possibly leave the world early, and your policy will have nobody to service when you need help.
My assets are all LOCKED🔒 where transactions cannot be performed. You can see it but you cannot touch it yet. What if my family solely depends on me financially?
My family members would need to obtain a COURT ORDER to UNFREEZE my assets. The court order for a person that passed away without a will is called LETTER OF ADMINISTRATION.
An individual can be appointed as the ADMINISTRATOR of my assets, meaning this individual will accumulate my assets, pay off all my debts, and distribute the remaining to my beneficiaries. The application of this letter will takes about 6 MONTHS TO 1 YEAR.
Two sureties or guarantor are required. These guarantors must have the amount of assets EQUAL TO MORE THAN MY ASSETS as an administrative bond. The issue is how many people will be willing to do that?
Since there is no instruction on how I wish to distribute my assets, they will be distributed according to law.
Here are a few aspects you should consider looking into:
It's a usual practice to put a name as a nominee, and conveniently forget about it. Most of us have named our parent or sibling for investments, bank accounts opened before marriage. Reassess your accounts and make changes from time to time at every stage of life, including your salary account. Kindly check all your Nominations and ensure they are the people you need to secure.
Passwords are required for everything! Email accounts, Bank accounts, even for the laptop you use. Imagine what would happen when you are no more? The people you were saving for would not be able to access any of it. Note it down somewhere safe & ensure someone knows about it.
We all do a few investments here and there; sometimes for tax reductions and sometimes because we want to put aside something for a rainy day. Maintain an excel sheet as well as a hard copy of them all.
Contact a lawyer, make a Will. I know it is more paperwork, but it will make life easier for your loved ones. You won’t need an indemnity bond or no-objection certificates from anyone. Get it witnessed by a doctor who can claim that you were sane when you made it and a lawyer who knows the rules.
When you take a loan, for a property or a car, ensure you figure out the “what ifs”. What if you are not there tomorrow? Would the EMI still be within the range for your family to pay off? If not, get insurance on the loan. The people left behind will not have to worry about something as basic as the roof above them or their mode of transport.
LIFE IS A GIFT, TREASURE IT! DO THINGS APPROPRIATE FOR THE ONES WHO ARE COMPLETELY DEPENDANT ON YOU.⠀
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Note: This was summarized from a REAL case study!
OH HEY, FOR BEST VIEWING, YOU'LL NEED TO TURN YOUR PHONE