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 [...]
(via InsuranceDaily.co.uk) Adventurous holidaymakers have required AXA to revise some of its travel insurance terms to include activities such as Zorbing and Octopush.
With the rise in popularity of experience-based holidays showing no signs of abating, the insurer is reminding holidaymakers that it is essential to have the right level of cover in place before undertaking [...]
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, 14th Sep 2009) Singapore life insurance giant Great Eastern Holdings Ltd is putting the final touches to its plans to start takaful operations in Malaysia, with the latest move being the hiring of a top executive to lead the unit.
Sources told Business Times that the insurer had roped in former Prudential BSN Takaful [...]
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 [...]
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 [...]
(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 [...]
(The Straits Times) IN A stunning development, about 18,000 Great Eastern Life customers who bought investment products similar to the ill-fated Lehman Minibonds will get all of their money back. And they did not have to ask for it. The move by GE Life, which will cost the insurer a whopping $250 million, is purely [...]
