KUALA LUMPUR, Nov 20 (Bernama) — Malaysia Airlines (MAS) is making it easier for air travellers to buy travel insurance online by opening up MHinsure to Malaysians, Singaporeans and Australians.
“With the opening of MHinsure to travellers in Malaysia, Singapore and Australia, we are confident we will see more than 70 per cent growth in premium [...]
Even if you are not the director of the company, your signature on any contracts representing the Company can make you personally liable, under the provision of Section 140 & 354 of the Companies Act 1965.
Provisions indemnifying directors or officers.
140. (1) Any provision, whether contained in the articles or inany contract with a company or [...]
Mistake 1: Did not contact the Insurer during an emergency
Let’s face it, we all panic during an emergency. That’s why it’s called an emergency, a state for us to justify our panic-driven behavior. And it is during such a time that a calm and collected mind would provide the best solution to get us out [...]
Photo and post by: Simon Vaughan, 13 April 2009
Though I’ve had more tropical diseases than the average petri dish and once had to survive in Iceland for 24 hours without so much as a toothbrush and clean socks, I have been fortunate that I’ve only once had to make a claim on my travel insurance.
Travel [...]
(Business Times) PERWAKIM, an association of general insurance agents in Malaysia, has submitted a memorandum to Bank Negara protesting the central bank’s proposal to give rebates on premiums for consumers that renew their motor insurance directly with insurance firms.
They claim that the move, which takes effect from today, would adversely affect consumers, agents and the [...]
via Meshio.com
When getting a standard travel insurance policy in Malaysia for your overseas trip, you might have come across the term “24 hours Worldwide Travel Assistance”. Most people wouldn’t have the slightest idea of what it meant, let alone utilizing the benefit.
Under a typical Travel Assistance programme, you can call up the number listed [...]
Business Times By Rupinder Singh
Malaysia’s general insurers have suffered losses from underwriting motor insurance last year, its fifth straight year, a reflection of the high rate of accidents and theft in the country.
The losses have also been rising every year for the last five years, said the General Insurance Association of Malaysia (PIAM).
The combined loss [...]
With Malaysia’s medical inflation hovering at 15%, we are definitely living at very trying times. Recent retrenchments and salary cuts are not helping the already diminishing purchasing power of the average Malaysian.
When it comes to setting up a critical illness fund, the number one reason why most people are not covered sufficiently is because of [...]
via NST Travel Times
DO you buy travel insurance before you travel? According to Malaysian Association of Tour and Travel Agents (Matta) president Ngiam Foon, not many Malaysians buy additional insurance protection when they travel.
Many mistakenly assume that their existing long-term insurance policies will protect them when they are overseas.
He said there have been many cases [...]
Here’s a quick note for those who are interested in purchasing a travel insurance coverage. All travel insurance applications must be submitted at least 36 hours prior to your travel departure date to allow sufficient time for application review and policy submission.
We provide the following types of travel insurance coverage:
a) Individual Travel Plan
b) Individual [...]
