Archive for the ‘Insurance Claims’ Category

‘Crash for cash’ fraud increasing

by David Masters (InsuranceDaily.co.uk)
The number of UK motorists deliberately crashing their cars to make fraudulent insurance claims is increasing, the Insurance Fraud Bureau (IFB) warned this week.
‘Induced accidents’, or ‘crash for cash’ accidents, as they are more commonly known, involve a driver deliberately causing a crash so as to profit from fraudulent insurance claims.
After the [...]

Common Mistakes when Making Travel Insurance Claims

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 [...]

Most Unusual Travel Insurance Claims

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 [...]

LIAM on H1N1

Life Insurance Coverage for Influenza A(H1N1) – Press Release
Kuala Lumpur, 21 August 2009: The Life Insurance Association of Malaysia (LIAM) has confirmed that death due to the Influenza A(H1N1) will be payable. In addition, all the 16 life insurance companies under LIAM will also be paying claims arising from hospitalization due [...]

Great Eastern Covers H1N1 Hospitalization Claims

PRESS RELEASE
For immediate release
Kuala Lumpur, 19 August 2009 – Great Eastern Life Assurance (Malaysia) Berhad’s Director and Chief Executive Officer Mr Koh Yaw Hui informed that as a good corporate citizen with a hundred and one years’ presence in Malaysia, Great Eastern will cover hospitalization claims made by its policyholders, who have been hospitalized due [...]

Etiqa to pay H1N1 hospitalisation

(The Edge, 21st August) KUALA LUMPUR: Etiqa will pay the claims made by its medical and health plans’ policyholders should they be hospitalised for treatment for H1N1 influenza, with immediate effect.
Etiqa said on Aug 21 the H1N1 influenza can affect everyone physically and also financially, in terms of the medication and treatment.
Its CEO and director [...]

Warning on Tow Truck Operators’ Tactics

via New Straits Times
KUALA LUMPUR: Tow truck operators are resorting to violence to get accident victims to use their services. Federal Territory and Selangor Automobile Repairers’ Association president Datuk Ho Yoon Ping said they had been receiving at least two complaints monthly from accident victims, alleging that they were forced to pay off the tow [...]

Medical insurance still affordable in Malaysia

By ELAINE ANG
(The Star) JOSEPH Lee heaved a sigh of relief in between grimaces. His insurance company will cover all the medical expenses he will rack up due to a spinal slipped disc. For the past two weeks, he has been in a private hospital, suffering excruciating pain after various treatments have failed. Now he [...]

How to Expedite Your Travel Insurance Claim

The following is a ‘Question and Answer’ article by Christopher Elliot on how to speed up the process of your travel insurance claim. Just remember this, every inquiries on claims to the insurance company shall be put in writing/email as opposed to calling their customer service hotline where accountability is often overlooked. Most importantly, CC [...]

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