Archive for the ‘Personal Finance Tips’ Category

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 [...]

Hundreds of cars without valid road tax

News Straits Times, 2009/09/15, KUALA LUMPUR, Tues: Thousands of cars are plying the roads without valid road tax because their owners are unable to get insurance coverage, according to the Federation of Malaysian Consumers Associations (Fomca).
Its secretary-general, Muhammad Shaaini Abdullah, said that these were owners of cars of more than 10 years old which were [...]

8 Tips to Prevent Employee Theft

Although business organizations can protect themselves against Fidelity (Employee Dishonesty), it still pays to reduce opportunities and loopholes that might allow ambitious employees to ‘reward’ themselves without your knowledge.
Here’s 8 tips from AllBusiness.com which I find really relevant…
One of the most serious threats to the success of a small business is employee theft. Misplaced trust, [...]

Making Good Use of Your Travel Plan

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 [...]

Affordable Critical Illness Plan

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 [...]

AIG Malaysia’s Growth on Track

(THE EDGE) KUALA LUMPUR: Rob Ryan, AIG General Insurance (Malaysia) Bhd’s new chief executive officer, has assumed the crucial task of an effective communicator and salesman at a crucial time of the insurance giant’s history.
This comes at a time when it is not unusual for market chatter to swirl around the fate of its parent [...]

Protecting a Policyholder’s Rights

Insurance Info shares with us some valuable tips on how you, as a policyholder, can protect your rights:

Deal only with registered/licensed intermediaries.
Deal with intermediaries with proven track record or those with good
referral from friends and relatives.
Be truthful about yourself and declare material facts.
Never be persuaded to sign on blank forms or anything you don’t understand.
Never [...]

Preventing Credit Card Frauds

With credit card frauds and identity thefts getting very common these days, here are a few tips that can help you reduce your risk of becoming a victim.
Via PayPro.my…
Credit card fraud is a serious crime which can cost you and credit card issuers huge losses. Credit card issuers have taken security measures to protect you [...]

Beware of Scams, Especially When Traveling

by Thursday Bram
I think everyone I know has a trip planned for the next few weeks, trying to get in just a few more days of summer fun before fall really sets in. But as all the travelers come out, so do scammers ready to take advantage of people who aren’t exactly following their normal [...]

The Credit Bureau and Your Credit Rating

About the Credit Bureau
The Credit Bureau in Malaysia is established under the Central Bank of Malaysia Act 1958. It has been in operation since 1982. Like all other credit bureau in the world, the Credit Bureau essentially collects credit information on borrowers from lending institutions and furnishes the credit information collected back to the institutions [...]

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