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Insurance & TakafulThis blog dedicated to discuss about Insurance and Takaful
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This blog dedicated to discuss about Insurance and Takaful
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This blog dedicated to discuss about Insurance and Takaful
Insurance & Takaful: Motor Insurance Claims Procedure
http://prodi-insurancetakaful.blogspot.com/2009/04/motor-insurance-claims-procedure.html
This blog dedicated to discuss about Insurance and Takaful. Tuesday, April 21, 2009. Motor Insurance Claims Procedure. Consumers often complain about processing delays in their insurance claims. More often than not, the stumbling blocks in the claim process are insufficient information given on the claim form, lack of supporting documentation or the lack of understanding on what the policies actually cover. Checklist what to do after an accident. 183; Avoid argument, controversy or dispute;. 183; Note th...
Insurance & Takaful: What is Investment-Linked?
http://prodi-insurancetakaful.blogspot.com/2009/04/what-is-investment-linked.html
This blog dedicated to discuss about Insurance and Takaful. Tuesday, April 21, 2009. An investment-linked (IL) assurance is a relatively new product in Malaysia. The first IL policy was issued in the UK in 1957 under the name “unit-linked policy”, and in the US in 1976 as a “variable-life policy”. In this region, IL products first appeared in Singapore in 1973, while Malaysian policyholders were only offered IL products since 1997. How Do IL Products Work? It is called the unit portion because the balanc...
Insurance & Takaful: The Top 15 on Insurance
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This blog dedicated to discuss about Insurance and Takaful. Tuesday, April 21, 2009. The Top 15 on Insurance. 1 Insurance costs a lot but having none costs more. 2 If your employer offers insurance, grab it. Group coverage, particularly when it's employer-subsidised, is almost always a better deal than anything you can get on your own, even if you're young and healthy. And if you're NOT young and healthy, it's definitely a better deal. 3 Know what’s on offer. 4 Insurance is sold, not bought. Agents sell ...
Insurance & Takaful: Buying Strategies
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This blog dedicated to discuss about Insurance and Takaful. Tuesday, April 21, 2009. Now that we have an idea of what types of policies are available, how do we decide on which type to buy? How much coverage should we get? How long a term should we cover? This section aims to give the reader the low-down on how insurance is sold, plus some sound advice on optimum buying strategies for the individual. It’s all about the money. How much coverage do I need? There is no one answer to how much coverage is eno...
Insurance & Takaful: What is Life Assurance
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This blog dedicated to discuss about Insurance and Takaful. Tuesday, April 21, 2009. What is Life Assurance. Types of Life Assurance. Most of the life assurance products available today fall under one of the following classes:. 183; Whole Life. Another kind of Term assurance is the Annually Renewable Term (ART), in which the term is fixed at one year. A premium is payable at the start, and the sum assured is paid if death occurs within the year. As long as the policy is renewed annually without l...Rider...
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prodi-insurancetakaful.blogspot.com
Insurance & Takaful
This blog dedicated to discuss about Insurance and Takaful. Sunday, April 26, 2009. General insurance is an insurance policy other than ‘Life Insurance’. The coverage period for most general insurance policies and plans is usually one year, whereby premiums are normally paid on a one-time basis. However, there are few products that are long-term. The risks that are covered by general insurance are:. 8226; Property losses, for example, stolen car or burnt house. 8226; Accidental death or injury. Personal ...
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