Wednesday, 15 June 2011

What Is Insurance and Why Do You Need It?

In this day and age, it is essentially a requirement to have insurance on all aspects of your life. If something in your life is not protected by some form of insurance, then you are basically submitting your life to Murphy 's Law and something negative will happen to it. Insurance is a wise decision as most people cannot afford to replace the items that they have insurance on. With insurance, you will have the piece of mind that your belongings will be protected or replaced in the event that something terrible happens to them or they get stolen. Many things in life are out of your control, however you have the ability to protect what is most important to you by having insurance.

There are numerous types of insurance; although the most common types of insurance are those that cover one's vehicles. These vehicles can range from a motorcycle to a car or truck to an RV. Whatever the vehicle is that you want coverage on, you must be sure that you are completely knowledgeable about the different types of coverage that are out there. Most insurance policies will come with some sort of a deductible in case of an accident. Insurance companies require that you pay a deductible of anywhere from two hundred and fifty dollars to one thousand dollars or more so that they know you are not trying to file a false claim just to get the insurance company to pay you for something that did not happen.

Insurance companies that offer health or life insurance are essential in the protection of one's health and livelihood in the event of an illness. Health insurance companies have long been regarded as the bad guys of the insurance world. However, if you shop around, you will more than likely find that they are simply trying to protect themselves from fraud in many instances. Life insurance is generally seen as something that is only for those who are wealthy. The companies that provide life insurance require a monthly payment from someone who is paying into a life insurance policy in the event of their death to support their loved ones. In some instances, someone may take out a life insurance policy on a relative in the event of their untimely death. This policy is often used to cover funeral costs and other expenses.

Overall, insurance may not seem like an expense that you will want to have to pay every month. However, you must think about what dire circumstances you would be in if you did not have insurance. Insurance can save your life, your livelihood and the livelihoods of those you hold dear.

What Is Life Insurance And How Does Life Insurance Work?

People see life insurance advertisements all around them, but they may wonder to themselves "What is life insurance?" This insurance has two basic types: term life and whole life. Most of the ads are for term life insurance, which is an insurance policy that a person contributes to for a specified period and is paid out to beneficiaries when the person dies.

Whole life insurance, though, is more comprehensive. It covers death benefits, but it is designed to cover the insured person for his whole life, however long that may be. The death benefit is intended to appreciate in value as the policy ages, because the policy is combined with a set investment in the stock market. The goal is that the investment will do well, causing the policy to become more valuable over time.

Most people purchase life insurance as a way of providing financial security to their loved ones after their death. In general, the policies are less inexpensive when the insured person is under the age of 50. As the person gets older and the likelihood that he will become sick increases, insurance companies begin to charge more to provide insurance.

So, how does this type of insurance work? Individuals who apply for life insurance provide information about their overall health and life habits, including their diet, exercise routines, and employment. The insurance company then assesses their probable lifespan based on these criteria. Some unhealthy habits such as smoking or excessive drinking may prevent a person from being insured at all.

Once the person's lifespan is determined, the insurance company sets a monthly premium to be paid to keep the insurance policy current. Before agreeing to the terms of the contract, the insured person also selects a beneficiary, a person or an organization that will receive the proceeds at his death. The insured party then pays the premium each month for the length of the policy, either a set term or the rest of his life.

If a person selects term insurance, he will have to go through the application process all over again when the term expires. The potential danger is that the insured person will have aged or contracted a serious illness by that time, which could disqualify him from receiving a second policy. To avoid this situation, many people begin shopping for life insurance early in their lives and begin with a 30-year term policy.

Another consideration for insurance policyholders is making sure that their death benefit is substantial enough to cover expenses they will leave behind. Each insurance policy explains the payout amount before requiring a person to agree to the contract. Insured persons should have enough life insurance to pay for their loved ones' housing, childcare, and transportation costs.

Affordable Health Insurance Plans - Find Great Coverage For Cheap - Personal And Family

Today it's more important than ever to be up, on what's going on in the healthcare and insurance industries. Especially, if you are needing to keep coverage on your family or yourself as an individual.
Affordable health insurance plans are becoming harder and harder to find. With all the loop-holes in coverage, how do you really know what you're getting?

To have a complete understanding of health insurance plans, and if they really are affordable, we need to look to see how each individual plan handles physical exams, special care by a specialist, emergency care, prescription drugs, dental and vision.

All these put together make up the total cost of the plan. So just because one company advertises that they are the cheapest, usually doesn't mean that they have the best coverage. They make up for it by either charging you on the front or back end.
Here is what I mean...
A good plan usually does not carry co-payments of any type and you can visit any doctor in your area. Basically, the more freedom the better...

Both group and individual health insurance plans, have these. But over 80% of plans that have the complete gambit and are considered affordable, would be in the group insurance category.

Another key aspect in making sure you are getting good coverage for the price, is the quality of care you can expect to receive. A lot of plans, will limit to where you can go, and many of these places are considered to be the fast-food of health facilities.

Filled with doctors and nurses who are trained to get you in and out fast. So they can collect more payments on a daily basis. Remember, hospitals and health care facilities are businesses, usually ran by a board of directors. All of whom are their to pull a profit, not just to help their fellow man.

Does that mean they are bad people, of course not. They are providing a very special service that helps humanity.
An easy way to find out if you are getting a good deal and adequate care, is by asking if the insurance company can provide you with a report card that includes surveyed results from patients who have used the facilities.

Finding high quality and affordable health insurance plans for yourself or your family, should not be a timing chore. Just do your research and use the internet to sort and sift through quotes, till you find whats best for you.

Wanting an affordable health insurance plan? We'll save you countless hours and frustration by comparing the top providers for you. Thousands of people every month trust us for their health care needs....

Top Air Ambulance and Medical Insurance Tips

When it comes to getting medical insurance and looking at your options for an air ambulance, most people deal with it at the last moment. That's to be expected, especially considering these services are typically needed during emergency situations. But taking the time out to research what's available can save you a lot of money and ensure that you are prepared in the worst case scenario. So here are some air ambulance and medical insurance tips that can help you.

For medical insurance, you want to make a list of what's important to you. Think about what you would need from a coverage plan and talk to different companies to see what they can do for you. From there, narrow down your choices and go with the company that is most likely to satisfy your needs.
You want to compare as many different companies as possible. The rates really vary from company to company and you could save a lot of money by choosing the right one. You also want to compare different plans and see which plans make sense for you financially.
Medical flight services are sometimes - but not always - part of medical coverage plans. So you will need to see if your medical insurance company covers air ambulance services. If not, ask your provider how much more it would cost in order to add it to the plan. Before making a final decision on which medical insurance to go with, you want to know about your air ambulance options.
You also will need to do research on medevac and air evac companies. You want to find a company that is located near major cities or airports. Remember that air ambulances are not only needed in time of emergencies, but can also be used if you're expected to travel large distances for medical procedures that you know about in advance. You want to make sure that they can get to you as fast as possible when your situation calls for it.

Not all air ambulances are the same. You want to look at different things. Check if the company has a fully staffed intensive care unit ready. You want to make sure that there are medical specialists on board. Some air medical providers only are for transport and do not have the expertise to care for the patient during transport.
Finally, check if you can be provided with a medical flight card. This card will cover you when you are on vacation. Depending on the terms, the card covers you hundreds of miles from your home and can provide you with an air ambulance in emergencies outside of your area.

So those are some of the top air ambulance and medical insurance tips you can use to choose the right provider and save as much money as possible. The key is to take your time and do your research. This will allow you to compare providers and find out which ones can deliver. Again, you may want to use a broker to help you find the right company as it can be quite difficult to sift through all the providers.
Denise K. Wayne has more than 10 years of hands on experience as a critical care nurse. She received her BSN degree from UNM and has worked in a variety of individual patient settings and as an air ambulance flight nurse. She is the published author of "Depression in the Geriatric Patient". Individuals needing to fly a loved one or use an air ambulance service can get personalized assistance at her site.

Sunday, 3 April 2011

Membazir je beli insurans!!! nak buat apa......?

Faiz adalah seorang pemuda yang kacak dan bujang. Beliau kini berusia 21 tahun dan baru sahaja bekerja di sebuah syarikat swasta sejak 3 bulan yang lalu. Suatu hari, rakan beliau yang bernama  Sharul telah datang menemui beliau dan menawarkan polisi insuran & takaful khusus untuk melindungi pendapatan & kewangan beliau memandangkan beliau kini sudah pun bekerja.

Namun begitu, tawaran tersebut telah ditolak oleh Faiz mentah-mentah dengan alasan.. “Gua bujang beb.. buat apa nak beli insuran? Bukannya ada anak bini pun nak kena tanggung?.. Lagipun aku baru angkat moto baru.. tak cukup duit la nak bayar insuran bulan-bulan.”

Sharul yang baru sahaja sebulan menjadi agen insuran tidak dapat menangkis alasan & penolakan dari Faiz Maka.. berlalulah Sharul dengan perasan yang sedikit hampa pulang ke rumah dan kemudian menghempaskan dirinya ke atas katil sambil memukul-mukul bantal.. sambil menjerit… “why~~ why~~ why~~ why me~~~” Oh!

Beberapa hari selepas itu.. Sharul telah mendapat idea bagaimana hendak menjawab semula alasan yang diberikan oleh Faiz. Dengan perasaan yang berdebar-debar, dia cuba menghubungi Faiz menggunakan telefon bimbit m-mobile nya..
“Hello…” sapa Sharul sebaik sahaja mendengar panggilannya di angkat
“Hello“…. suara perempuan kedengaran menjawap panggilannya..
Eh! salah nombor ke nie?.. apsal pompuan pulak yang jawap?… ujar Sharul di dalam hati..
“Er… boleh saya cakap dengan Faiz?”… tanya Sharul ragu-ragu..
“Oo.. abang Faiz ke? abang Faiz kat hospital sekarang.. dia tak boleh nak cakap”.. jawap adik manis tersebut..
“Hah?! Hospital? kenapa?”. tanya Sharul agak terkejut..
“Abang Faiz eksiden semalam..” jawap si adik (adik perempuan Faiz) itu lagi..
Tamat… ho! ho! ho!… saya memang suka buat cerita tergantung..
Sebenarnya, apa yang saya cuba sampaikan disini, ramai anak-anak muda yang masih bujang mempunyai tanggapan yang sedikit silap terhadap insuran. Bagi mereka, mereka tidak mempunyai apa-apa lagi tanggungjawap dan tanggungan seperti.. isteri dan anak-anak. Oleh itu, insuran tidak penting bagi mereka.. membeli insurans sewaktu bujang hanyalah satu pembaziran pada padangan mereka..

Adik-adik yang dikasihi… insuran itu sebenarnya adalah bertujuan untuk melindungi pendapatan anda. Dan apabila disebut “pendapatan”, ia biasanya akan digunakan untuk menanggung beberapa pihak, iaitu :-
* Diri anda sendiri
* Isteri & anak-anak
* Ibu & bapa (kadangkala) dan juga dapat melindungi
* Aset spt Rumah Dan Duit Simpanan.

Sebagai seorang lelaki/wanita bujang yang bijak dan berjaya. Anda seharusnya mempunyai perancangan yang baik untuk melindungi pendapatan anda. Ya.. anda masih bujang.. dan tidak ada sebarang tanggungan kecuali terhadap diri anda sendiri. Kalau anda mati.. tak perlu risau anak & isteri anda akan kebuluran seperti kisah si ibu malang. Anda bujang!.. anda hanya perlu dibungkus dan tanam.. habis cerita..

Tapi.. bagaimana jika anda tidak mati?.. Sakit.. lumpuh.. buah pinggang rosak, kaki patah atau koma dan hanya terbaring sahaja di atas katil.. siapakah yang nak menanggung kos perubatan anda?. Siapa yang nak menanggung makan-minum anda? Siapa yang nak bayar hutang motor, ptptn, kad kredit dan juga hutang rokok anda di kedai mamak?…

Jika anda adalah anak atau cucu kepada lim goh tong.. mungkin ianya tidak menjadi masalah sangat. Tetapi, hakikatnya tidak begitu…

Jadi.. jika ada orang yang menasihatkan anda dengan berkata .. “Anda bujang!.. tidak perlu membazirkan wang membeli insurans“… pastikan orang tersebut tidak berhutang apa-apa pun dengan anda serta jangan menurunkan apa-apa tandatangan jika ia meminta anda menjadi penjamin bagi pinjaman kereta atau pinjaman peribadi beliau…. oh!

Jadi… fikir-fikirkan semula… adakah anda pasti anda tidak memerlukan insuran @ takaful untuk melindungi pendapatan anda sewaktu bujang?

Kalau nak tahu dgn lebih lanjut tentang insurans hantarkan emel ( atau kalau sesiapa nak quatation , saya boleh printkan atau emailkan…free tak perlu bayar.
Terima Kasih..

Friday, 1 April 2011


Anda mungkin menghadapi :
·     Baki Pinjaman yang masih tinggi walaupun setiap bulan bayar
·     Bayar lebih, namun baki Pinjaman masih tinggi
·     Tempoh bayaran balik pinjaman melebihi umur persaraan anda.
·         Adakah anda tahu setiap kenaikkan 2% kadar faedah, tempoh bayaran pinjaman anda akan bertambah sehingga 17.5 TAHUN atau 210 BULAN?...

Mahukah anda ? :
·      Memendekkan tempoh bayar balik sehingga 15 tahun
·      Kurangkan Kadar faedah (BLR) sehingga 50%
·    Tambahan, perlindungan keatas KEMATIAN, TPD dan 36 Penyakit Berbahaya
·      Dana/Wang Tunai ketika berlaku KECEMASAN ???....

Semak penyata pinjaman anda sekarang! :
·     Luangkan 15 minit bagi mendapatkan nasihat tentang pinjaman anda secara profesional.
·     Sulit dan persendirian; hanya peminjam yang memiliki dokumen pinjaman yang sah sahaja...


Mr                          Miss                       Mrs                        Others

Full Name (as in NRIC or passport) : _________________________________

New IC No :  ______________________________________________________

Permanent Address : _______________________________________________



Contact No : ____________________      Fax No : ________________________

Company/ Business : _______________________________________________

Company/ Business Address : _______________________________________



Contact No : ____________________      Fax No : ________________________


Housing Loan Agreement

Latest Housing Loan Statement

Letter of Offer


Please specify others document : _____________________________________


Lender Name : __________________     Type of Loan : _________________

Loan amount (RM) : __________________    Tenure : _____________ months

Interest Rate : ___________________     Monthly Inst (RM) : ____________

Purpose : _______________________         Financed Year : ________________  

Original BLR : __________%

Date of 1st payment : ____________            Date of Final Payment : ____________


Current Outstanding Balance (RM) : _________________________

Current Monthly Repayment (RM) : _________________________

Current  no. of installment  paid : ____________________ months

Current  no. of installment unpaid : __________________ months

Status of Loan :

New Loan

Progressive Loan

Existing Loan


Type of Property : __________________   Current BLR : ________________%


I/we agreed to pay the sum of RM 200 as a consultation fees made payable to :


The consultation fees of (RM) 100.00 is however will be absorb as the initial payment of  the first month premium if i/we decided to purchase the Easy Mortgage Plan (EMP) and/or  will be refunded in form of discounted fees should i/we decide to take up the recommended solution provided by the consultant.

I/we agree that the consultation fees of (RM)100.00 will NOT be refunded if  I/we do not agree or decided not to purchase the Easy Mortgage Plan (EMP) .
The (RM)200.00 fees paid will be treated as a consultation fees.

I/we also agree to release and discharge the Company and their successor in title and/or their representatives and/or their agents from all liabilities and/or claims in whatsoever nature resulting from the services herein provided.

____________________                                              _____________________
(Applicant’s Signature)                                           (Consultant’s Signature)  

Applicant’s  Name :                                              Consultant’s Name :
Applicant’s  NRIC :                                             Consultant’s NRIC :        Date :

*segala maklumat yang kami terima adalah privasi.

Sunday, 20 March 2011

History about BLR rate....

BLR Rates (%)
Adjusted July 2010  
Adjusted May 2010  
Adjusted March 2010  

Adjusted March 2009