Archive for May, 2010

Tips to Expedite Your Travel Insurance Claims

Besides notifying your Insurer or the Agent immediately, here are some procedures that will help you in ensuring a faster and more efficient claim process. In general, most Insurers would require you to furnish the following critical documents before any claims can be processed: 1) Fully completed Travel Claim form (incomplete form may cause delay ...

Bank Deposits Insurance to be Raised to RM250,000

05.12.2010 · Posted in Consumer & Safety Tip, Insurance News

(via Business Times) From next year, the limit of bank deposits insured by Malaysia Deposit Insurance (PIDM) will be raised to RM250,000 per depositor per member bank from RM60,000 now. Prime Minister Datuk Seri Najib Razak also announced yesterday a plan to introduce an explicit insurance compensation scheme (ICS) for insurance and takaful policyholders. According ...