Third Party Tow Truck Service

Generally, it’s normal for you to be in shock when involved in a road accident. You might be frustrated, traffic banking up behind you, and all you want is getting your vehicle off the road and getting out of there. Then in a twinkle of an eye, boom, a
tow truck
 driver arrives to help move your car, and you felt so calmed you could about hug them. So do you jump at the first third party
tow truck
 driver to arrive on the scene and trust that they’ll take care of the whole mess? You probably don’t want to. Read along as we’ll talk you through what to do in this situation.

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Why You Should Not Engage With Third-Party Tow Truck Services

Most third party tow truck drivers take advantage of your state of mind after an accident. They get you to sign dubious documentation while you’re stressed out and drain you from towing service. More so, some of these dubious contracts also contain mostly unpleasant terms, like forcing you into using a particular repairer who’ll charge you inflated fees for repairs or storage. This is because these third party tow truck drivers get a commission of the repair cost from the repairer workshop. Furthermore, on some occasions, they even add more
damage to your car
 to increase the repair cost. In turn, they get a higher commission from the panel workshop.

Why Should I Bother, My Insurer Will Pay For The Bills?

Yes, you may think why should I care, since my
car insurance company
 will pay for the damage. However, what you don’t know is–the charges might be above what your insurer covers under your policy. In this situation, you might be left to foot the bill.

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So What Should I Do?

No matter how frazzled or frustrated you are when you are involved in an accident; you need to stay calm and do the following.

Call your insurance company
: Before you hurriedly do anything funny or sign any document, you need to call your
insurance company
 to assist for help. They will have an authorized towing truck for you and inform you what to expect.

Reread your cover
: Towing policy varies from
insurance company
 to another, and you may not be covered for towing. It’s a good idea to study your product disclosure statement to check your coverage limits.

Don’t just sign
: You should never sign a blank or incomplete towing authority form. Be sure it contains the full address of where the car is being towed to that is the panel workshop and the towing fee.

It’s your decision
: You get to choose where your car is towed to.

Take your time
: You might want to take some time to reconsider your options; in that case, get the car towed to your home. That way, you won’t be charged storage fees, although you might end up paying for two tows, which is worth it if you carefully take the best decision.

While you might think it is safe to use third party tow truck drivers, well, it’s always not. If you have a crash, we recommend you call your
car insurance
 company as soon as possible and let them organize the tow. That is your best option.

Tags:
Tow Truck
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Understand What Is Total Loss Threshold In Insurance

A vehicle that suffers significant damage and cannot be repaired may be considered a total loss by your insurance provider. Insurance companies use either an Total Loss Threshold (TLT) or a Total Loss Formula (TLF) to determine whether a car is totaled.

What Is Total Loss?

Damaged cars become total losses when the cost of
repairing the damaged car
 is greater than the car’s worth. This damage may result from
theft
, accidents, or a natural disaster. As soon as your vehicle leaves the dealer’s lot, its value depreciates. Insurers have different methods for determining a car’s value when damaged; this is known as the car’s
actual cash value
 (ACV). The
insurance company
 checks several factors when calculating the ACV value, including age, mileage, condition, and the price of identical cars in the area. A gap insurance policy pays the gap between the
actual cash value
 of your vehicle and your lender’s loan balance when you’re paying off a loan on a totaled car.

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How Insurance Companies Determine Whether a Car Is “Totaled”

It is not straightforward to determine what constitutes a
total loss
, and the method used by each company differs. A totaled vehicle is determined by
insurance companies
 using two different ways:

Total Loss Threshold (TLT)

Total Loss Formula (TLF)

Total Loss Threshold (TLT)

The
total loss threshold
 is expressed in the vehicle’s market value. To determine if the car has been totaled, divide repair costs by the car’s actual cash value. Cars with significant damage may be declared a total loss rather than being repaired if they meet or exceed this threshold. For example, imagine that a vehicle’s ACV is RM10,000 and its repair cost is RM8,000. This vehicle has a
total loss threshold
 of 80 percent (8,001 / 10,000). After a certain percentage is reached, the insurer will declare the car totaled.

Total Loss Formula (TLF)

Another method of determining whether a car is a total loss is to use this formula. It involves the fair market value of the vehicle less its salvage value. Insurers add the repair costs to the vehicle’s salvage value. A total loss is declared when the sum exceeds the vehicle’s ACV. For example, consider a car whose salvage value is RM2,000, and its repair cost is RM5,000. An insurer will pay for the repairs if the ACV of the vehicle is RM8,000 (RM2,000 + RM5,000 = RM7,000, which is less than the RM8,000 ACV).

Instant credits to repair your car from RM1,000 to RM5,000

When Your Vehicle Is Considered a Total Loss, What Should You Do?

If your insurance company tags your vehicle as a total loss and you don’t want to dispute the claim, there are a few things to know about the process. Additionally, you should contact the leasing company to let them know it has been totaled if you are leasing your vehicle. You should take the following steps if your car has been declared a total loss.

Take off the license plates.

Remove personal belongings.

It is best if you surrender the keys to your
claims
 adjuster.

Completing the paperwork is necessary.

Final Thought

Having total loss coverage is a good idea if you have no alternative to using your vehicle and cannot afford to replace it on your own in a total loss. Losing a car can also result in an income loss for many people. When this happens, full loss
insurance
 becomes essential.

Tags:
Actual Cash Value (ACV)
Total Loss
Total Loss Formula (TLF)
Total Loss Threshold (TLT)
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Travel Insurance For Business Trip

You might be on a one-off business trip, or you may be a regular business traveler whose name the flight attendants know. Maybe every loyalty program recognizes you as a Diamond Platinum Crown Elite member. Business travel can be glamorous. How about the less glamorous side of it? Flight cancellations. Lost luggage. I am sitting next to someone who coughs for five hours straight. The great news is that
travel insurance
 can help protect your business trip when things go wrong. Learn more here.

What Is A Business Travel Insurance Policy?

Having
travel insurance
 for your business trip will offer you protection for accidents,
illnesses
, trip cancellations, and more. The policy also covers your belongings if they get lost, damaged, or stolen, so you won’t have to worry about them.

What Are The Pros Of Business Travel Insurance?

Cancellations at the last minute

Coverage for kidnappings and ransoms

Coverage of terrorism

Delay or loss of luggage

Injuries and Emergencies

The
best travel insurance
 for a businessperson who takes multiple business trips per year is multi-trip
business travel insurance
. Many of these policies cover multiple trips throughout the year, saving busy travelers time and money. It also covers the costs of emergency medical care incurred from travel-related incidents. In addition to emergency medical services, coverage may include trip cancellations, terrorism & riots, luggage loss, medical evacuations, and lots more. It is highly recommended that business travelers traveling abroad purchase adequate travel insurance. It is possible that your employer will not cover certain travel-related expenses or medical bills if you become injured abroad, and you will be responsible for some high costs.
Business travel insurance
 reduces your financial risk and liability to concentrate on the most important things.

Medical Conditions That Pre-Exist When Applying For Business Travel Insurance

You may experience added stress while traveling for business if you have pre-existing medical conditions. Most
Insurance companies
 consider pre-existing medical conditions, and policies can be tailored to meet your needs. To purchase your business travel insurance policy, you must declare any medical conditions you may have. After that, you will undergo some simple medical screening before being offered the procedure.

How About If We Are Going On A Business Trip In A Group?

Consider purchasing a group travel insurance policy and adding on the business travel insurance add-on for complete
travel insurance coverage
 for your entire group if you are all going on the same business trip together. All members of your group must travel together if you purchase group business
insurance coverage
. Individual members arriving from a different airport or later need to get separate travel insurance to be covered. Your group will also have cover for more than 50 different sports and activities, including safaris, running, and fishing, along with all of the added extras that come standard with business travel insurance.

Here’s The Bottom Line

Especially in the post-COVID-19 world, it might be worth buying business travel insurance, even if you haven’t done so before. In addition to trip cancellation or interruption insurance, medical expense coverage, and travel accident or death coverage, business travel insurance covers baggage and personal effects coverage.

Tags:
Business Travel Insurance
COVID-19
Group Travel Insurance
Travel Insurance
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Bagaimana caranya untuk memilih syarikat insurans auto?

Dalam dunia hari ini, banyak syarikat insurans telah mula memanfaatkan jurang pengetahuan sebahagian besar pihak yang diinsuranskan untuk mendapatkan lebih keuntungan daripada mereka. Ramai pemilik kenderaan pastinya tidak suka mendengar tentang hal ini, tetapi ianya benar. Tapi, bagaimana anda boleh mengubah perkara ini dan pada masa yang sama masih mendapat
insurans
 berkualiti yang sesuai dengan kehendak anda? Adakah cara untuk mencari dan memilih pihak
insurans yang memberikan premium
 yang berbaloi dengan setiap sen yang anda bayar? Berita baik untuk anda, ada! Ia mungkin memerlukan sedikit usaha, tetapi di akhir nanti anda pasti gembira dengan hasilnya.

Hello, semua! Saya
Yuna
. Saya merupakan duta jenama Fincrew dan jurucakap bagi siri video insurans360 Fincrew, dan saya akan membimbing anda dalam menjelaskan apa yang perlu anda ketahui dan hindari ketika memilih
syarikat insurans auto
 terbaik untuk melindungi anda. Jangan ketinggalan dalam mendapatkan sebarang maklumat terkini berkaitan dengan insurans! Maklumat seperti inilah yang akan memberikan perbezaan terhadap apa yang anda bayar untuk sesuatu pelindungan.

Dapatkan info terkini mengenai apa yang ada dalam Siri Video Insurans360 kami! Hanya klik pada butang ‘Subscribe’ dan aktifkan notifikasi untuk memastikan anda tidak terlepas pandang. Jadi, setelah anda melakukannya, mari kita ke persoalan utama.

Bagaimana Anda Memilih Syarikat insurans Auto yang Tepat?

Sejujurnya banyak perkara yang perlu dipertimbangkan sebelum anda mengambil apa-apa keputusan. Bagaimanapun, kami telah memecahkannya kepada bahagian-bahagian kecil bagi memudahkan anda memahaminya. Hanya ikut panduan yang kami berikan bagi mendapatkan pelindungan yang tepat untuk kereta anda!

Tip nombor 1 – Tentukan Jenis Perlindungan Yang Anda Perlukan

Ramai pemilik kenderaan yang terburu-buru menghubungi syarikat insurans tanpa mengetahui jenis pelindungan yang sebenarnya mereka mahukan. Ini boleh menjadi satu kesilapan besar kerana membuatkan anda bakal menerima bulat-bulat sebarang cadangan yang diberikan oleh syarikat insurans yang anda hubungi itu. Sebelum menghubungi sesiapa pun, pastikan anda mengetahui jenis pelindungan yang ada di luar sana dan memilih pelindungan yang sesuai dengan anda terlebih dahulu. Ini akan membantu anda untuk menentukan syarikat insurans mana yang perlu anda pilih.

Tip nombor 2 – Jangan Pilih Syarikat Insurans Pertama Yang Anda Jumpa

Tidak kiralah betapa menariknya premium dan pelindungan yang ditawarkan, jangan terus memilih
syarikat insurans auto
 yang pertama anda temui. Ambil masa untuk meneliti sebanyak mana alternatif yang ada sebelum memilih yang terbaik. Untuk maklumat tambahan, pastikan anda memilih syarikat insurans berdasarkan kriteria yang lebih relevan berbanding hanya harga yang murah. Benar, harga itu penting, tetapi masih ada perkara lain yang perlu anda pertimbangkan.

Tip nombor 3 – Teliti Polisi Anda

Kami bersetuju yang perkara ini mengambil masa dan agak memeningkan. Tapi, ini penting bagi memastikan anda memilih syarikat insurans auto terbaik untuk kenderaan anda. Insurans akan menentukan berapa banyak yang perlu anda belanjakan sekiranya berlaku kemalangan. Oleh itu, anda dinasihatkan untuk mengetahui secara tepat bagaimana anda akan dilindungi dan pelindungan tambahan apa yang anda perlukan. Melalui dokumen ini juga, anda dapat menentukan sama ada anda selesa dengan polisi ini secara keseluruhannya. Sekiranya anda terjumpa mana-mana klausa yang anda tidak faham, lebih mudah jika anda berbincang dengan syarikat insurans terbabit sebelum anda menandatangani dokumen tersebut.

Tip nombor 4 – Ketahui Cara Memfailkan Tuntutan dan Bagaimana Ia Berfungsi

Benar, tidak ada siapa pun yang berharap untuk terlibat dalam apa jua kemalangan. Tetapi, lebih baik untuk kita tahu bagaimana proses memfailkan tuntutan dan bagaimana ia berfungsi dengan syarikat insurans yang anda pilih itu. Jadi, anda akan lebih bersedia sekiranya perlu.

Untuk mengetahui lebih lanjut tip-tip berguna tentang bagaimana cara untuk mendapatkan syarikat
insurans dan polisi
 yang tepat untuk anda, pastikan anda ‘Like’ video ini. ‘Subscribed’ saluran video Fincrew official dan tekan butang notifikasi. Terima kasih kerana menonton, dan jumpa lagi!

Savings up to RM300 + Road Tax Deliver To Your Door Step

Tags:
Insuran360
Insurans Kenderaan
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Financial Tools & Calculators

If you want to maintain solid
financial health
, you can’t afford to do your financial planning and preparation anymore; you need to watch it and plan daily. But how do you keep such close tabs on your finances when you have your daily life to live? It is where the host of
financial management tools
 FinCrew is currently offering Malaysians comes into the picture! Whether you want to do road tax preparation, calculate the interest rate for a credit card loan, or handle inventory management for small businesses, you can now find all the resources you need to do that easily here! The best part is that the list of
financial
 and accounting tools available here is uncomplicated and easy to use, so you won’t have trouble navigating them! Some of the cloud-based
financial tools
 available to you now include:

Road Tax Calculator

You don’t have to stress how much the government requires you to pay as
road tax
 anymore. With our
road tax calculator
, you have to input details like the type of car you use, its engine capacity, and your region, and wait!

You’ll get the exact yearly repayment sum you’re supposed to pay in seconds.

No Claim Discount Checker

Even at the best of times, car insurance can be challenging to understand. It is more so the case the longer you’re on the same
insurance
 package, as you’re likely to do things on autopilot. You can make managing your car insurance policy a lot easier when you use our
no claim discount
 checker to see what no claims benefits you’re entitled to.

Critical Illness Cover Calculator

An excellent critical illness coverage plan can save many out-of-pocket hospital bills. Ensure that you get the best out of your time and money with such methods; you have to get the right policy for you in the first place.

Using our
critical illness cover calculator
, you’ll be in the right direction faster.

Retrenchment Benefits Calculator

As an employer, the last thing to do is not pay a retrenched staff the correct sum required by the law. It can put you in serious trouble and even result in several legal and financial repercussions. Similarly, every employee should know what retrenchment benefits to expect from a former employer. Regardless of the fence you fall on, our
retrenchment benefits financial calculator
 will help you crunch the numbers accurately and prevent mistakes!

Loan Settlement Calculator

You don’t need to wait till your
loan
 term expiry date is around the corner before finding a steady monthly payment schedule to help clear your debt. It would be best if you supplied our financial
loan settlement calculator
 with the necessary parameters. It’ll help you figure out what interest payments you need to make each month to put any loan in your rearview.

SME Loan Eligibility Checker

Small businesses almost always need a steady influx of funds, whether for expansion or ensuring superior inventory management, and SME loans are critical for this. Using our
SME loan eligibility checker
, you’ll be able to know if you qualify for such benefits. And, if you don’t, you’ll get a good insight into what you need to do to change that.

With the long list of
financial tools
 you now have at your disposal, managing your
financial health
 will be easy and comfortable!

Roadtax Calculator

Tags:
Critical Illness
Critical Illness Cover Calculator
Loan Settlement Calculator
Retrenchment Benefits Calculator
Road Tax Calculator
SME Loan
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什么是综合性车险

欢迎收看保险360, 我是 Cassandra。在前几集的视频当中，我们都有简单分享过各类型的保险。想必大家也大致了解什么是
综合性
保险了。
综合性
保险就是我们常说的
Comprehensive Insurance
。 一般上，这个保险也比其他类型的保险来的的更贵一些。 这是因为此保险覆盖范围较广。要记得，覆盖范围越广，保险费就越高；保险费越高，一般上理赔金额也越高。让我们先复习一下此保险的覆盖范围有哪些。一般上，此保险的覆盖范围就包括了，盗窃、火灾、掉落的物体、因蓄意被破坏所照成的损失。在事故发生后，第三方和你的车子都可以获得理赔。这一些都是大家比较熟悉的。在综合性保险里，保险公司也会提供一些附加受保事项如挡风镜保险 (windshield insurance)、音频和配件(Audio and accessories Cover)、特别附加险(Special Perils)。想必大家应该会比较好奇什么是特别附加险吧？其实这个额外选项是保障你的车子因天灾意外，如水灾、土崩、地震等造成的损坏。

那么现在，我们就来探讨谁比较需要购买综合性保险

首先，一般购买新车的车主，保险公司都会建议车主购买此保险，特别是贷款购买新车的车主。要知道，还贷对一般上般上族来说，是一笔每月必花的一笔费用。如果在还款期间发生事故，这绝对是增加了经济上负担。因此，非常建议新车车主购买此保险以保障未来。车主可以还清贷款后，更换至其他类型的保险。如果你是购买二手车，综合性保险可以根据自己的意愿，主要的考量范围就是车龄的问题。一般上车龄越大、折旧率越高。尽管保险费高，但因为折旧率的关系，理赔的金额也会比较少。每一辆车子都有折旧率。折旧率会随车龄、里程而改变。车龄越大或是里程越高，折旧率就越高。综合性保险的理赔金额一般都是在扣除折旧价值后的赔偿。比如说，你的车子被盗窃，要进行理赔。
保险公司
依据车子在被盗窃前的状态进行评估，扣除汽车的折旧价，给予赔偿。如果你想在购买一辆新车，你就必须自掏腰包，支付余款。切记，
保险公司
是以事故发生前的状态进行评估而理赔，并不是以你刚买车子状态。

希望通过今天的视频，你已经更了解什么事综合性保险了！如果你喜欢我们的保险360系列，记得按赞与分享！记得订阅我们的频道还有开启小铃铛，这样你就不会错过新影片的通知。我们下次见！

Tags:
Comprehensive Coverage
综合性
综合性车险
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What Is Grant Of Probate And How Does It Affect My Will?

Many people often believe that if a relative or close friend
left a will
, that is the only document they need to handle that person’s affairs. Occasionally, this is true, but often a Probate Grant is required to reach this conclusion. But what is a
Grant of Probate
, and why do you need one?

What Is A Grant Of Probate?

Grants of Probate are documents that confirm the
executors of a will
 (the person or people responsible for carrying out the directions in the Will) have authority over the assets of a deceased person. The Grant of Letters of Administration is required if someone dies intestate (without a will) to distribute assets by intestacy laws (rules that determine who gets what when there is no will).

What Is The Need For a Grant of Probate?

Many people think that
leaving a Will
 to their heirs is enough. Probate, however, is also required to honour the Will. Even if you have nominated an Executor in your Will, that doesn’t mean that they are automatically responsible for managing your assets.
Executors of a will
 bear a tremendous amount of responsibility. It’s their responsibility to carry out a person’s last wishes who have passed on and manage assets like stocks, pensions, and bank accounts. The probate of a Will validates this responsibility and carries out your wishes. Grants of Probate are only necessary in cases where there is a Will. An individual who has passed away without having
written a Will
 require a different type of grant of representation, known as a Letter of Administration. If the Estate is small, there are some circumstances in which it does not require a Grant of Representation. If you do not know which Grant of Representation applies to you, you should seek legal advice.

Probate: How Does It Work?

The process begins with your nominated Executor applying for a
Grant of Probate
. A court can only grant the grant of probate in your local jurisdiction. After a person’s death, the Executor must notify the court to apply for the Probate or Grant of Representation. Anyone who objects to the Will or the appointment of the Executor/s can do so by filing such an objection. The executor/s will then need to apply for probate. There are steps when applying for probate, which may be done on your behalf by a solicitor or trustee company.

Filing of Probate Application should be alongside the original Will, both copies of the Death Certificate, and an affidavit of the Executor. Affidavits are legal documents setting out the details of the deceased and providing confirmation to the court to grant the probate to the affidavit maker, the Executor. Grants of Probate are generally granted within a few weeks, depending on their complexity.

Tags:
Death Certificate
Executors
Grant of Probate
Grant of Representation
Letter of Administration
Probate Grant
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How Do Auto Insurance Companies Check Your Background?

Taking out auto insurance is a serious
business
; so much more goes into it than you might know. You may already be aware that
auto insurance companies
 look into your driving history before offering you insurance. However, do you know they research your financial records and criminal history as well? Do you want to know how and why most insurers carry out this exercise? We’ll be revealing it all in this video!

Hi, and thanks for joining me in today’s episode! I’m Fincrew brand ambassador, Stella. When taking out
insurance policies
, it is often vital you understand all that goes into it. Knowing all you can about the factors
insurance companies
 research about you before issuing you a policy is a big part of preparing yourself for it all. That is why, this series–Insurance360 Video was initiated to help vehicle owners gain a deeper understanding of how the insurance world works. Make sure you’re not left out of the loop! Join our circle and get insightful information on all things insurance! All you have to do is hit that Subscribe icon and enable notifications!

One important thing you need to note about insurance generally and auto coverage specifically is that it is all about risk. There’s the possibility that you won’t end up costing your insurer more than you pay as premium. Similarly, there’s also the chance your insurer will end up spending more on maintaining your policy than what you pay as premium, in which case, they lose out. That is why risk evaluation is crucial to
auto insurance
. It has a direct bearing on what you end up paying as your premium.

Low Risk Equals Low Premiums, And High Risk Equals High Premiums

To accurately determine the level of risk offering you coverage poses, insurers will check the following about you:

Your driving history

Your credit and financial history, and

Your criminal history

Your Driving History

This is usually the first and fastest detail that
auto insurance companies
 can look up when preparing to offer you coverage. It is imperative to insurers because they believe that how you drove in the past is the clearest indicator of how you’re likely to drive in the future. Every auto insurer has a tool for looking into your driving history on their computer. If your history is filled with cases of filing at-fault
claims
, you can expect your premium to be huge.

Your Credit Record

The next thing they look over is your financial background. The primary motivation for doing this is to ascertain whether you’ll be able to pay what is expected of you as a premium. To do this, many insurers will usually use the credit information you filled in when applying for the policy to get in touch with your bank.

Your Criminal History

Certain criminal acts are actually relevant to your
auto insurance
 policy. For example, if you’ve ever been involved in a
hit and run
, this might influence whether or not your insurer will extend your coverage. This is regardless of the outcome of the case. Sometimes, simple tools like search engines are more than enough to reveal a criminal record. In other cases, your insurer might reach out to the police force to request information about you.

We’ll be revealing more on this in subsequent videos, so be sure to stay tuned! Subscribe to this channel, and don’t forget to turn on notifications. See you in our next video!

Tags:
Hit And Run
Insurance Policy
Insurance Premiums
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What You Need To Know About Long Term Personal Loans

There are so many loans available that it is hard to know which one is right for you. You may want to consider a long term loan if you want to borrow a lot of money at a lower interest rate. This loan is for home renovations, medical bills, or even to consolidate
credit cards
.

Compare and apply for the best credit cards

What Is a Long Term Personal Loan?

Personal loans
 with long term repayment terms last for at least five years. The
terms of most personal loans
 range from five to seven years, though some lenders offer up to 12 years. A long term loan typically has a higher interest rate than a short-term loan. Long term loans have this drawback when compared to short-term loans. Long term loans, however, offer lower monthly payments, which are easier to afford for borrowers. For example, someone applies for an RM20,000
personal loan
 and receives two offers: The first one has 5% annual interest and RM461 monthly payments for a four-year term. With the second option, it is an eight-year term, the APR is 10%, and the monthly payment is RM303. The lower cost fits better into your budget, so you choose the eight-year loan. However, it is essential to note that you would pay more in interest while the monthly payments would be lower.

Compare Personal Loan In Fincrew

Long Term Personal Loans: When To Consider Them?

It would be best to think about your budget and how much you want to borrow before attempting to go for a long term personal loan. You should consider taking out a long term loan if:

Borrowing a Large Sum Of Money Is Necessary

You may not have enough credit available on the card if you have medical bills, home repairs, or other significant expenses. On the other hand, you might have enough credit but won’t be able to pay the balance off quickly enough to avoid super-high interest charges.
Long term personal loans
 may allow you to borrow up to RM50,000 and repay it over five to seven years, depending on your credit history and the lender’s requirements.

A Lower Monthly Payment Is Important To You

Your monthly payment is usually cheaper when you borrow the same amount over a longer-term than you would for a shorter-term loan. Remember, however, that long term loans will likely cost you more in the long run since you’ll pay interest over a more extended period.

The Benefits And Drawbacks Of Long term Personal Loans

There are several benefits and drawbacks to taking out long term loans.
Before applying for a long term personal loan
, here are a few things you need to know.

Benefits Of Long Term Personal Loans

The monthly payments are often lower than those of a short-term personal loan.

On top of other bills and debts, it’s easier for borrowers to manage long term
personal loans
 that allow them to borrow large amounts.

Drawbacks Of Long term Personal Loans

Long term loans typically have higher interest rates, which increases the total interest paid.

A
good credit score
 is required.

There may be difficulties finding a lender who offers long term loans.

Early repayment may incur a prepayment penalty.

Bottom Line

Getting a
long term personal loan
 can be advantageous if you need to borrow a large amount of money and wish to repay it over a long period. However, because it can be more expensive in the long run, you should consider less-expensive alternatives that you may find more suitable.

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Credit Cards
Credit Score
Long Term Personal Loan
Personal Loan
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What Happens When You Declare Insolvency?

To decide whether declaring
insolvency
 is the right solution for you, you should know what the process involves and how expressing it will affect you.
Insolvency
 means your business will cease to trade, and your limited company will liquidate. Sole traders and partnerships risk going bankrupt and losing their assets, such as their homes. The
insolvency
 process varies from person to person, depending on their unique circumstances and the best
insolvency service
 to match them.

What Is Insolvency?

An individual or company becomes insolvent when it cannot meet its financial obligations to its lenders. As an insolvent company or individual approaches insolvency proceedings, they are likely to engage in informal arrangements with creditors, such as setting up alternative payment arrangements. Reduced cash inflow, increased expenses, or poor cash management may lead to insolvency.

Understanding Insolvency

Insolvency occurs when a business or individual is unable to pay their bills. If a person or entity becomes insolvent, take action to court, and sell assets to pay off balances. Creditors can be contacted by
business
 owners and restructured into more manageable installments. If the creditor gets repaid, they will accept this approach even if the repayment is on a delayed schedule. Business owners who want to restructure their debt put together a realistic plan that demonstrates how they can reduce overhead and continue running the company. This plan details how the debt is restructured based on cost reductions or other programs for support. The proposal shows creditors how the business can generate enough cash flow to profitably while paying its debts.

What Happens When Limited Companies And LLPs Declare Insolvency

Suppose a limited company (or a limited liability partnership, known as an LLP). It will either enter liquidation and stop trading or be placed in administration and sold (possibly to another owner). The outcome may be a voluntary arrangement between the company and the employee. When a company is placed into liquidation or administration, notify the Insolvency Service. In some cases, the directors may be prohibited from directing the company for 15 years. This sort of scenario, however, is rare. Directors and shareholders can also refund dividends and overdrawn directors’
loan
 accounts. Additionally, if the business becomes insolvent, directors or a
third party
 may be liable for personal guarantees given to the company’s creditors. Typically, the bank offers guarantees for
loans to businesses
 or overdrafts.

What Happens When Sole Traders And Partnerships Declare Insolvency

If a sole trader or partnership is not an LLP, the business owners are liable for the debts and may sell their assets to repay the debts. Business debts include suppliers, HM Revenue and Customs, faulty work owed to customers, and anyone else owed money by the business. Additionally, bankrupted business owners may be subject to bankruptcy restriction orders (“BROs”) if they have misbehaved while running the business. These BRO actions are taken by the
Insolvency Service
 against bankrupt sole traders and partners. Getting advice about your options early on is a good idea. An Individual Voluntary Arrangement is an excellent way to avoid personal bankruptcy.

Final Thought

You should seek legal counsel if you have any questions about what happens when you are declared insolvent.

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Bankruptcy
Individual Voluntary Arrangement
Insolvency
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Someone Scratched My Car, Can I Claim The Insurance?

Some things can put a damper on your day faster than discovering that your car has been scratched or dented. It’s terrible. But, the worst has happened, and it’s time to start looking at advanced options forward. You have
insurance
, so can you file a
claim
 for repairing your car’s precious paint job and bodywork? The good news is you can reach out to your insurer and request a payout. There are a couple of things you would do well to know before taking this step, though. Find out what these are now!

Are you better off consulting your insurer over this type of damage?

What should you expect moving forward?

What’s more, the type of insurance policy you’re operating and the exact way that the scratch occurred also matters a lot.

To start with, if you are operating the primary
Third Party insurance policy
, you have no grounds to file any
claim
 for a payout as the coverage doesn’t extend to repairing your car under any circumstance.

If you’re operating a
Third Party
, Fire, and Theft policy, you may
file a claim
 for payout. However, the condition under which the scratch occurred matters a great deal. For example, if your vehicle was scratched due to a collision, a
Third Party
, Fire, and Theft coverage won’t payout for repairs. However, if it occurred due to vandalism or theft, you would be asked to reimburse for the damage.

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With
comprehensive
 coverage, aside from covering you for scratches occurring due to theft or vandalism, you can also
file a claim
 even if the ding happened due to an accident. Now, whether you are using a Third Party, Fire, and Theft or Comprehensive policy, you would need to pay a deductible first before your insurer covers the rest of the cost for you. For this reason, it’s always advisable to think carefully about whether you would be served when handling the repairs yourself or if consulting your insurer is a better alternative.

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Comprehensive Coverage
Fire and Theft Cover
Insurance Claims
Third Party Insurance
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Best Term Length For a Personal Loan

Many people are considering personal loans due to the economic uncertainty in the country. However, if you need a loan to cover your current expenses, you should pay attention to the total cost of the loan and how long the
loan term
 is. The loan length refers to how long you have to repay it. In general, personal loans are in fixed monthly payments, but the exact time you take to pay off the loan depends on you. In addition, personal loans have a range of terms, which affect the amount of your monthly payment and the amount you pay in interest over the loan’s lifetime. Here’s what you
need to know
 to pick a
loan term
 right for you.

Choosing a Personal Loan Term Length

The term length of a
personal loan
 refers to the amount of time it will take you to repay the loan. There are personal loans with terms ranging from 12 to 60 months, and sometimes even longer. Lower monthly payments are associated with longer-term but higher interest costs. Therefore, you should keep your loan costs down by selecting the shortest term possible while still keeping your monthly payments manageable. Term length isn’t the only factor when applying for a
personal loan
. Here are some other things to consider:

Interest rate: An annual percentage rate (APR) is the interest rate of a personal loan; it also includes fees and other costs. In other words, a higher APR means that the
loan
 will cost you more, so you should go for the lowest interest rate you can find. Online lenders typically publish interest rates for personal loans, so comparing various sites is easy.

Fees: When lenders issue personal loans, they typically charge fees in addition to interest. Depending on the setting, either they will be added to your loan balance or deducted from what you receive; the prices will be in the APR.

Funding time: How quickly will you be able to obtain your funds once approved for a loan? It depends on several factors. Payouts from online lenders usually occur quickly, with some offering same-day deposits. Loan applications and disbursement take longer with banks and credit unions so you may wait a few weeks.

Extras: Find out what special incentives or other ways you can lower your interest rate or fees your lender may offer. You can get a discount from lenders if you apply online or set up automatic payments. Others can reduce your interest rate if your
credit score
 increases or you make on-time payments for a set period.

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Final Thought

The length of your loan can affect how much you pay each month and how much interest you’ll pay overall over the term. It would be best to remember this. However, that term length isn’t the only factor to consider when
comparing personal loans
. You can also choose your lender based on your debt-to-income ratio, credit score, and how much you want to borrow. Therefore, if you’re considering a personal loan, you should check your credit score and improve it. It will help you get the loan you need and help you get the
best loan terms
.

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Annual Percentage Rate
Debt-To-Income Ratio
Loan Term
Long Term Personal Loan
Personal Loan
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Kenapa Syarikat Insurans Menaikkan Kadar Insurans Saya?

Mungkin anda telah bersama agak lama dengan syarikat insurans auto ini dan segalanya kelihatan hebat. Anda tidak menghadapi sebarang masalah dari aspek komunikasi dan apabila berlaku masalah, mereka akan segera menjalankan tanggungjawab mereka. Tiba-tiba anda mendapati bahawa
kadar insurans
 kenderaan anda telah meningkat secara mendadak! Apakah yang telah berlaku? Adakah apa-apa yang boleh anda lakukan mengenai hal ini? Bagaimana untuk memutuskan
syarikat insurans
 yang ideal untuk kereta anda?

Walaupun beberapa faktor boleh menyebabkan
kadar insurans
 anda meningkat tanpa sebarang amaran, berikut merupakan penyebab paling biasa:

Penyebab #1 – Memberikan Maklumat Yang Tidak Tepat Dalam Permohonan Polisi Anda

Beberapa akibat yang lebih serius mungkin berlaku kerana pengisian maklumat yang tidak tepat pada borang permohonan insurans anda. Sebagai tambahan, kemungkinan pelindungan anda akan ditarik sepenuhnya. Ini boleh menyebabkan peningkatan harga premium anda. Sebagai contoh, katakan anda memiliki Mazda CX 2016, tapi secara sedar anda mengemukakan Mazda CX 2014. Anda mungkin akan menikmati kadar yang lebih murah yang diberikan kepada model lama sehinggalah
syarikat insurans
 menyedari kesilapan ini. Ini akan menyebabkan mereka segera menilai semula kadar insurans anda dengan segera.

Penyebab #2 – Anda Berpindah

Anda mungkin akan terkejut apabila mengetahui apa yang anda bayar sebagai insurans kenderaan boleh berubah secara drastik dari satu negeri dengan negeri yang lain. Salah satu sebabnya adalah statistik lalu lintas yang berbeza-beza bagi setiap negeri. Semakin bertambah populasi, semakin tinggi risiko
kemalangan
 yang berkaitan dengannya. Jadi, jika anda baru berpindah ke lokasi bandar atau komersial, mungkin disebabkan itulah anda terpaksa membayar lebih untuk pelindungan anda.

Penyebab #3 Anda Baru Sahaja Mengalami Kemalangan atau Melakukan Kesalahan Lalu Lintas

Sekiranya baru-baru ini anda terlibat dalam kemalangan dan terbukti bersalah, maka anda telah memberikan sebab untuk kenaikan kadar insurans anda. Dalam
insurans kenderaan
, anda dianggap berisiko tinggi jika anda kerap membuat tuntutan. Perkara yang sama berlaku jika anda ditangkap dengan kesalahan trafik seperti melebihi had laju atau memandu di bawah pengaruh. Insurans anda akan menafsirkan ini sebagai peningkatan liabiliti dan mengkaji apa yang anda bayar untuk pelindungan sebagai pampasan untuk mengimbangi perkembangan terbaru ini.

Penyebab #4 – Diskaun atau Bonus Anda Sudah Tidak Sah

Diskaun memainkan peranan yang besar dalam mengurangkan apa yang perlu anda bayar untuk insurans auto. Jadi, jika anda kehilangan satu ciri diskaun atau lebih, premium anda mungkin akan meningkat.

Tags:
Diskaun Insurans
Insurans Auto
Insurans Kenderaan
Kadar Insurans
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How Long Does It Take To Process An Insurance Claim For a Stolen Car?

Your car got stolen in Malaysia, and now, “Oh my god, more paperwork and bureaucracy – it’s going to be a nightmare.” But don’t worry; we’re here to guide you through the process and make it as painless as possible.

Steps to File for an Insurance Claim for a Stolen Car

Suppose you are in the unfortunate situation of having your car stolen in Malaysia. In that case, you must follow the correct steps to process your insurance as quickly and efficiently as possible. Sometimes, It may take weeks or even months to finalize your claim.

Report To The Police

First, you should inform the police immediately. In most cases, you must file a police report at your closest police station. Bring any relevant documents that may be relevant to the claim, such as the registration papers for your vehicle and your insurance policy, with you to your appointment.

Notify Your Insurer

Next, contact your
insurance company
 after notifying the police. You can usually call their customer service department or visit one of their branches. As part of this process, you must provide details regarding the
theft
, such as your car’s make, model, location, and time. You will be notified by your insurance company when the assessment starts for your claim. An investigation may be necessary, which may take several days or even weeks. As you go through the process, you should be patient and provide any additional information your insurance company may request. Your insurance company will decide on the completion of the investigation. There will typically be a deductible before your insurance company covers the rest. You must pay a set amount before your insurance company covers any remaining costs.

In summary, here are additional points to remember when filing an
insurance claim
 for a stolen car in Malaysia:

Be sure to gather all the necessary documents before filing your claim. Prepare police reports, vehicle registrations,
insurance
 policies, and other relevant documentation. Speed up the process by having these documents available.

Ensure you keep track of every communication you have with your insurance company. Any correspondence, including phone calls, emails, and letters, can be included. If any disputes or misunderstandings arise later, this will be helpful.

While processing your claim, you may be required to submit additional documentation or information. This information can include details about the theft, such as the time and location of the incident.

If someone stole your car in Malaysia, your
insurance claim
 might include protection against no-claim discounts (NCDs). Insurance companies provide
NCDs
 to policyholders if they have not made any claims over the past year. Depending on the company, a premium refund is usually between 30 and 50 percent.

Prepare for a possible denial. The
insurance company
 may determine that your negligence caused the theft or that you failed to comply with specific policy requirements. Depending on the circumstances, you may need legal assistance.

Lastly, once your car is recovered or found by the police, you must inform your
insurance company
 immediately. You’ll need further documentation for the claim settlement process to proceed.

Final Thought

Claim processing times in Malaysia vary depending on the insurer and the complexity of the claim. Once all the required documents are submitted, a claim usually takes 2-4 weeks to be processed. Generally, processing a claim can take some time, but if you are patient and follow the proper steps, your lawsuit will be processed faster. So there you go. Even though it’s not the most exciting, you’ll have some extra cash for a new (or used) ride. Wishing you safe and enjoyable driving!

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Insurance Claims
No Claim Discount (NCD)
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Do Car Insurance Have Maturity Benefit?

Someone might have told you that they agreed on a life insurance policy that includes a
maturity benefit
. The idea of this benefit sounded nice, and now you are wondering if you can use it for your car insurance deal. Before we answer that question, here is a basic overview of the
maturity benefit
!

What Is a Maturity Benefit?

If you sign an
insurance policy
, it will be valid for a specific period. During that time, you are required to pay the premiums, and the
insurance company
 needs to honor their part of the deal by following the terms of the signed contract. A maturity benefit is a guaranteed payment of the insurance company to the policy user once the contract reaches “maturity.” This term marks that the validation period of the policy expired. For example, you’ve signed a life insurance policy for 12 years. Over those 12 years, you need to pay the premiums regularly. Once that time expires, you will be eligible for a guaranteed payout. The payment usually includes the premiums plus an added bonus.

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Can a Car Insurance Policy Have a Maturity Benefit?

No, car
insurance policies
 do not come with a maturity benefit. Instead, once the term expires, the policy will lapse. That means your rights to a
claim
 will expire and you will need to renew the policy or sign a new one.

What Are Some Benefits Provided by a Car Insurance Policy?

While you might not have the right to a maturity benefit, there are other advantages that a
car insurance
 policy
 brings. Here is what you might expect once you sign a deal.

Financial Protection

The essential benefit of a
car insurance policy
 is financial protection. Depending on the extent of your cover, it could include:

Third-party bodily injury and death claim – Any injury of the persons outside of your vehicle that participated in the same
road accident
 as you.

Third-party property damage – If other vehicles or someone else’s property have been damaged in the road accident in which you participated.

Theft
 and fire – This coverage will protect you against someone stealing your vehicle or it getting on fire accidentally.

Own damage claims
 – It can be no-fault or regular damage claim, but it needs to refer to your vehicle that participated in the accident.

You also have add-ons that could cover your windscreen, secure
compensation for assessed repair time
, or offer coverage if a flood happens.

Peace of Mind

While you should always be driving responsibly, the fact that you have a
car insurance
 policy will offer peace of mind. If your vehicle gets damaged through no fault of your own, you can rest assured that the insurance company will cover the expenses. That means you don’t have to worry about entering a rough financial patch because of a small accident that you couldn’t have avoided.

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A No Claim Discount

Depending on the agency,
NCD
 benefit might also be called a
No Claim Bonus
 (NCB). The purpose of this discount is to secure better
policy rates
 for responsible drivers. If you don’t file a claim during the last year and you don’t have any claim against the insurer made by a third party, you will be eligible for a discount. The discount varies from one agency to another but usually increases with time. In the second year of your deal, the premium might be a tempting 25%. After the fifth year, it could increase by over 50% for private vehicles.
Commercial vehicles
 have a lower discount, but they can still go to 25%. All these percentages are quite tempting and should motivate policy owners to drive responsibly.

Tags:
Fire and Theft Cover
Insurance Policy
Maturity Benefit
No Claim Discount (NCD)
Third-Party Coverage
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Cost On Your Car Insurance Policy

Even though virtually every driver in Malaysia has to deal with automobile insurance to a larger or lesser extent, that little fact doesn’t make it any less confusing or disconcerting at times. The truth remains that unless you already deal with the world of insurance or you have a real passion for things like that, the inner workings of your car insurance policy will remain a mystery for the most part. Approaching your
automobile insurance
 this way certainly helps you worry less since you don’t have to go through the rigor of decoding insurance lingo. However, the downside to this approach is that because you don’t understand what you’re dealing with, you can’t make improvements where you should. Consequently, even doing little things like learning how to properly gauge your coverage and cost can change your entire orientation on
automobile insurance
. So how do you get on this? Let us show you!

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Variables To Consider

In the process of weighing your coverage and cost, many factors come into play. These elements influence your
car insurance policy
 to vary degrees. Knowing these components can help you in making very informed decisions where your
car insurance policy
 is concerned. Some of these factors include:

Your Location

The traffic you’re exposed to is a primary factor here. Depending on where you are and the type of traffic associated with the area, you may have to pay significantly more or less for the coverage you get. If you find yourself traversing routes with a high percentage of accidents, you can expect that detail to factor into the premium you’ll pay.

Engine Power

This is also another major determinant. The engine power or cubic capacity your car possesses in tandem with its location of operation also weighs in here.

Your Vehicle’s Value

It stands to reason that the more expensive your vehicle is, the more costly the repairs of the vehicle are likely to be. Understandably, this fact reflects directly on what you pay as your premium. Owing to this, your
insurance company
 won’t want to run at a loss while providing coverage for you. Therefore, the costs of maintaining that policy are almost guaranteed to be higher.

Your NCD (No-Claim Discount)

When you first take out an
insurance policy
 on your vehicle, there’s a section, the No-Claim Discount. In essence, what the
NCD
 represents is a reward of sorts. As the name suggests, you get a discount on how much you pay for your insurance if you don’t
file a claim
 for payout or compensation during the validity period of your insurance. Long story short, this discount starts at 25% for the first year. If you can go accident-free for up to 5 years, this discount policy can rise as high as 55%! In many ways, this is one of the most significant factors that influence how much you pay for
insurance premium
.

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Want To Reduce What You Pay For Insurance?

If you want to get better offers on
vehicle insurance
, consider renewing your
insurance online
. The abundance of bonuses and discounts most platforms’ rewards ensure you get quality coverage for significantly lesser. Another step you could also take is gunning specifically for policies that meet your needs perfectly. If you need comprehensive coverage, go for it, and if it’s
Third Party
, Fire and Theft, then take just that. So go through your options carefully before making any final decisions.

Tags:
Car Insurance
Coverage
Fire and Theft Cover
No Claim Discount (NCD)
Third-Party Coverage
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Comprehensive Policy In Car Insurance

A
comprehensive
 car insurance policy is one of the most desired types of auto insurance policies. This policy covers third-party liabilities and losses and covers for own damages. Any unexpected events such as an accident, fire, theft, or natural disaster are covered.

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Is Comprehensive Insurance Always More Expensive Than Other Policy Types?

If your thought was that a
comprehensive
 policy is always more expensive than the third-party only cover, or third-party, fire and
theft
, well, you can be forgiven. Though most times it’s more expensive, not always. When comparing policies, it’s worthwhile checking the differences in price between comprehensive and other policies. Sometimes you will realize that a
comprehensive insurance policy
 is as cheap as a third-party policy. You probably do not need to compromise on your best cover to save a few pounds.

But How Is It Possible That Comprehensive Cover Is Sometimes Cheaper?

It is because a lot of high-risk drivers lean towards third-party coverage as a way of reducing their insurance costs. As such, the data begin to tilt towards a higher number of
claims
 on third-party policies. The implication of this is that the overall cost of the third-party policy goes up. That’s why it’s crucial to check the
price of all policies
, just in case before taking any final decision.

Benefits Of Purchasing Comprehensive Auto Insurance

A
comprehensive car insurance
 policy safeguards you and your vehicle from any unexpected incident except collision. It also covers losses suffered in an accident. Other benefits of comprehensive coverage include:

Comprehensive coverage is the peak of protection you can give yourself and your car.

If you are at fault in an accident, you may claim incurred losses in such situations with a comprehensive policy.

The policy also covers lawsuits brought against you, including legal fees resulting from an accident.

The coverage is the best to give you peace of mind and financial protection.

It even offers financial aid if your car has been written off.

What Does Comprehensive Insurance Cover?

To avoid any confusion, it is much better to have a complete handle of the inclusions and exclusions referenced in your vehicle
insurance
 policy. For that, you should peruse it carefully. By and large, you won’t have to stress over the following, as they will be covered under your
comprehensive car insurance
:

Natural disasters or severe weather damages

Fire

Theft

Sabotage

Third-party damage

Falling objects such as
trees damage

Damage or destruction caused by an act of civil disturbance such as insurgences

What Does Comprehensive Insurance Not Cover?

If your car suffers damage due to a collision, you can’t make a car insurance claim except you have a comprehensive policy. In the same vein, there are a lot of other things that are excluded from comprehensive car insurance that you should know:

Depreciation

Wear and tear of your car

Breakdown as a result of electrical or mechanical

Damage caused by an individual without a valid driver’s license

Damage caused by an individual
driving under the influence
 of alcohol or drugs

Damage to tires and tubes.

Damage caused by violence, war, insurgence, or nuclear risk

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Car Insurance
Comprehensive Coverage
Insurance Claims
Third-Party Coverage
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汽车保险的赔偿步骤

欢迎收看保险360, 我是Cassandra。交通事故每一天都在发生。即便是开车非常谨慎的我们，也很有可能发生在你和我身上。但是如果事故发生了，你需要保险理赔，那你又知道怎么做吗？说实在，不经了解，对大部人来说，理赔程序可以说是复杂的程序。因此，今天我们将会简单的和大家分享一些汽车保险的
赔偿
的步骤。

第一、清楚了解你的保险配套。

根据马来西亚保险协会（Persatuan Insurance AM Malaysia, 简称PIAM）接获的投诉，有很多人并不了解自己所购的保险和该保险的覆盖范围。也因此，常常无法向保险公司理赔。

第二、发生事故后，记得一定要立刻或是24小时内通知你的保险公司和到警局报案。

根据马来西亚国家银行理赔程序，车主必须在事故发生后，通知保险公司，以确保保险公司可以为你提供援助如拖拉服务至附近的汽车维修中心， 又或者是提醒你需要记录哪些事项以方便完成后续的理赔程序。再来，就是到附近警局报案。报案后，记得索取报案纸和要领取 “调查结果”报告。一般，“调查结果”报告是2个星期后才能领取，你只需要拿收据到警局领取。“调查结果”报告的用意是为了你要向对方索赔，而不是向本身的保险公司理赔。

第三、准备各种文件。

根据马来西亚国家银行理赔指南，如果无需入院治疗，车主必须在7天提交所有文件，以进行理赔程序。但是如果需要入院，车主就有30天的宽限期来提交所有文件。这些文件包括了理赔申请表、报案纸、复印版身份证、复印版驾照、车卡、车辆维修费账单和车辆损坏的照片。无论你是要向自身的
保险公司
理赔还是向对方索赔， 这些文件都属于基本呈交文件。

记得，一定要在24小时内通知
保险公司
和报警， 也在最快的时间内呈交所需文件。一旦错过这个黄金时间，你很有可能无法获得
赔偿
金。希望通过今天的视频，你已经了解更多车险的咨询。如果你喜欢我们的保险360系列，记得按赞与分享！记得订阅我们的频道还有开启小铃铛，这样你就不会错过新影片的通知。我们下次见！

Tags:
保险
保险公司
汽车保险
汽车保险公司
赔偿
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没有驾照，可以买车险吗？

欢迎收看保险360, 我是 Cassandra。
没有驾照
并不会影响你为你的车买车险，但是
没有驾照
的你却一定不能开车！因为一旦发生事故，经过调查后发现，如果你是无驾照驾驶，你就已经触犯法律和无法向保险公司做出任何理赔了。

那么是什么原因会让没有驾照的你购买车险呢？

首先， 虽然你没有驾照，但是你可能有雇佣的司机或是有家人接送。因此， 在购买汽车后， 你也可以向保险公司
购买车险
。 因为你没有驾照关系，所以在呈交保险的资料上记得填写主要驾驶者的资料， 以确保你买的保险覆盖范围包括你的车和主要驾驶者。其次， 你可能是为了刚获驾照的孩子
购买车险
。 有些父母很有可能已经为他们刚拿到驾照的孩子买了车， 同时也为他们买了车险。这是一个常见的的现象，父母很常为经济未独立的的孩子投保以确保的他们发生事故后，得到保障。再来， 你可能拥有复古车。 一般上，复古车遭盗窃的可能性比较高，所以车主都会为车子买保险。此外， 复古车的修理费也会比一般汽车来的高，因为复古车的零件可能比较少有或是停产了。

总之无论你是为了什么原因
购买车险
，请一定要记得，没有驾照的人、没有车险的车是不能在公路上行驶。如果购买了车，想要在公路上行驶，就一定要有车险。如果没有驾照的话，你可以找有驾照的人代驾。希望通过今天视频，你已经了解要更多车险的咨询。

如果你喜欢我们的保险360系列，记得按赞与分享！记得订阅我们的频道还有开启小铃铛，这样你就不会错过新影片的通知。我们下次见！

Tags:
保险公司
车险
驾照
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How Is The Value Of a Stolen Car Determined By Insurance

It looks like someone stole the car, and the owner wonders how their insurance company will value it. There’s no need to worry; I’ve got you covered. Let’s start with some basics about Malaysian car insurance. In Malaysia, you will find that most
car insurance policies
 have what is called a “market value” clause, which means that in the event of a total loss (such as a vehicle theft), the insurance company will only compensate you for the current market value of the vehicle at the moment the failure occurs.

How does the insurance company develop a figure for the market value of a stolen vehicle? The deal will usually be determined using a few different methods.

Factors Insurance Companies Consider To Come Up With a Value For a Stolen Car

They Will Check The Original Cost Of The Car

They’ll first look at the car’s original purchase price. It will provide a baseline value for them to work with. It’s important to remember that your car’s value isn’t determined solely by what you paid for it. Over time, cars depreciate, so that the
insurance company
 will consider that.

They Will Check The Current Market Cost Of Similar Car

Their next step will be to analyze the market conditions for similar vehicles. Based on this information, they will determine the value of the stolen car by comparing it with other vehicles currently on the market.

The Vehicle’s Market Value At The Time Of Theft

It is important to remember that insurance companies generally only pay out the car’s market value when the theft occurs. It means that if your vehicle has some unique features or is a classic, they may not consider it. It’s essential to document any upgrades or special features you’ve made to your car and any certificates or appraisals. They will consider Outstanding
Loans
 and Leases. Furthermore,
insurance companies
 will also consider any outstanding loans or leases on the vehicle. As a result, your insurance company will likely deduct from your payout the amount you still owe on your car when it’s stolen.

Deductibles

Furthermore, some insurance policies in Malaysia will require you to pay a “
deductible
” to cover the remainder of the loss, so you should keep that in mind when purchasing your insurance policy. The deductible is the price you must pay out-of-pocket before your insurance company begins to spend the rest of your loss on your behalf. So, for example, if you have a car
insurance policy
 with an RM500 deductible, and your stolen car is worth RM10,000, you will have to pay the first RM500 before the insurance company covers the remaining RM9,500 of the claim.

Consult Industry Guides

To determine the value of a
stolen car
, they may also consult industry guides, such as the Malaysia Automobile Association (MAA). In these guides, you will typically find information on the market values for various make and model car types. As far as the insurance company is concerned, they tend to pay less than the vehicle’s current market value. Even if you get less than expected, you’ll have some money for a new car.

Final Thought

In Malaysia, your insurer will determine the value of your
stolen car
 based on the original purchase price, current market conditions for similar vehicles, and industry guides. However, you shouldn’t be surprised if it fails to meet your expectations. It is also vital to know the
claim
 process. Whenever you make a claim, you should have all the necessary documents, such as the police report, proof of ownership, and
insurance policy
. Taking care of a claim can take several weeks or months and is time-consuming.

Make sure you choose the best policy based on your research and learn what is covered and what is not. Always remember that the best thing you can do is prevent damage from happening in the first place, so please Stay Safe!

Tags:
Malaysia Automobile Association
Market Value
Stolen Car
Theft Coverage
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Kereta Anda Dilanggar Oleh Motosikal

Jalan raya bukan hanya digunakan oleh pemandu
kereta
 sahaja. Ia turut dikongsi dengan kenderaan lain seperti motosikal, lori, bas dan sebagainya. Kemalangan pula boleh melibatkan pelbagai jenis kenderaan seperti
kereta
 bertembung dengan kereta atau mungkin juga kereta bertembung dengan motosikal. Selalunya dalam kes kemalangan yang melibatkan motosikal dan kereta, pemandu kereta yang sering dipersalahkan. Mungkin kerana alasan kereta lebih besar dari motosikal jadi, pemandu yang harus berhati-hati. Sekiranya anda, pemilik kereta mengalami kemalangan dengan motosikal, pastikan anda faham dengan situasi yang anda sedang alami bagi memudahkan anda mengambil langkah-langkah yang perlu.

1. Tahu Siapa Yang Bersalah

Sekiranya anda memang yakin anda bukan punca berlakunya kemalangan tersebut, sebagai contoh, motosikal tersebut yang menyelit terlalu rapat, anda boleh sahaja membawa kes tersebut ke mahkamah. Pastikan anda memaklumkan kepada
syarikat insurans
 tentang kes saman ini kerana polisi insurans anda boleh menanggung kos unfang-undang sehingga RM2,000. Tetapi, jika jumlah kerosakan yang dialami adalah terlalu sikit, mungkin tidak berbaloi untuk anda sehingga terpaksa meminta cuti bagi naik turun mahkamah.

2. Buat Tuntutan Insurans Terhadap Penunggang Motosikal Tersebut

Jika polis pun bersetuju bahawa anda tidak bersalah, anda boleh membuat
tuntutan insurans
 terhadap penanggung insurans penunggang motosikal terbabit. Ramai yang tidak tahu bahawa mereka boleh membuat tuntutan insurans sekiranya mengalami kemalangan dengan motosikal. Ini kerana pemilik motosikal tidak diwajibkan untuk membeli insurans kenderaan. Tetapi, untuk pengetahuan anda, setiap kenderaan bermotor di negara ini diwajibkan untuk memiliki sekurang-kurangnya
insurans Pelindungan
 Pihak Ketiga. .Jadi anda boleh mula menuntut ganti rugi melalui Tuntutan Kerosakan Harta Benda Pihak Ketiga atau ‘
Third Party
 Property Damage’ (TTPD) ke atas pihak insurans pemilik motosikal terbabit. Jika anda tidak tahu bagaimana cara untuk melakukannya, anda boleh meminta bantuan dari pihak insuran anda untuk menyelesaikannya bagi pihak anda.

3. Bagaimana Jika Insurans Telah Tamat Tempoh Atau Tidak Memiliki Insurans Langsung?

Jika insurans penunggang terbabit telah tamat tempoh atau dia tidak memiliki insurans, anda tentulah tidak boleh memohon untuk tuntutan TTPD tadi. Apa yang boleh anda lakukan adalah membuat terus tuntutan kepada penunggang tersebut dengan bantuan peguam. Tetapi, harus diingatkan kos melantik peguam adalah tinggi, Jadi pastikan tuntutan yang anda buat itu berbaloi. Sekiranya kos kerosakan adalah rendah dan anda mampu tanggung sendiri, tidak perlulah bersusah payah
membuat tuntutan
 terhadap penunggang terbabit. Anda juga boleh mempertimbangkan untuk membuat tuntutan daripada
syarikat insurans
 anda sendiri sekiranya anda mengambil pelan Pelindungan Komprehensif.

4. Melanggar Penunggang Yang Tidak Menggunakan Laluan Motosikal

Adalah menjadi satu kesalahan sekiranya seorang penunggang motosikal itu tidak menggunakan laluan motosikal. Jika di sabit kesalahan, mereka boleh didenda RM300. Walaupun mereka boleh dianggap melakukan kesalahan trafik, tetapi untuk kes kemalangan, ia tetap akan mengambil kira siapa yang langgar siapa. Sekiranya anda memandu dengan cara berbahaya dan anda melanggar mereka, jadi andalah yang bersalah. Jadi, kos kerosakan, tanggunglah sendiri.

5. Bagaimana Jika Nak Selesaikan Cara Baik

Walaupun anda dan penunggang terbabit bersetuju untuk menyelesaikan kes ini secara baik, anda tetap perlu untuk membuat laporan kemalangan tersebut di Balai Polis. Kegagalan anda untuk berbuat demikian boleh membuatkan anda disaman RM120. Maklumkan juga kepada pihak insurans anda bahawa anda telah menyelesaikan kes tersebut dan tidak mahu membuat sebarang tuntutan sebagai langkah berjaga-jaga takut penunggang terbabit membuat tuntutan terhadap anda pula nanti. Ketahuilah hak anda sekiranya terlibat di dalam kemalangan. Bagi penunggang motosikal pula, jangan abaikan kepentingan memiliki insurans. Ini sebagai langkah berjaga-jaga untuk diri anda sendiri juga. Dapatkan maklumat tentang
insurans motosikal
 di laman web Fincrew.my.

Tags:
Insurans Kereta
Insurans Motosikal
Insurans Pihak Ketiga
Kemalangan Jalan Raya
Pelindungan Komprehensif
Third Party Property Damage
Tuntutan Insurans
Tuntutan Kerosakan Harta Benda Pihak Ketiga
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Tips Penjimatan Bagi Yang Ingin Memperbaharui Insurans Kenderaan Secara Online

Ramai tahu kos untuk membeli atau
memperbaharui insurans kenderaan
 pastinya mahal terutama sekali bagi kenderaan baharu. Sebab itulah anda akan dengar mereka merungut ataupun mengeluh setiap kali perlu
memperbaharui insurans kenderaan
 mereka. Tapi, jangan risau. Anda masih lagi mampu untuk menjimatkan duit anda semasa memperbaharui insurans biarpun secara online. Berikut merupakan beberapa tip yang boleh anda gunakan untuk menjimatkan duit anda semasa ingin membeli atau
memperbaharui insurans kenderaan
:

1. Letak Nilai Insurans Yang Tepat

Semasa proses membeli
insurans kenderaan
, anda perlu meletakkan nilai insurans kereta mengikut nilai pasaran semasa kenderaan itu. Dengan cara ini, anda cuma perlu membayar jumlah yang sepatutnya sahaja. Anda juga boleh memilih nilai yang dipersetujui bersama dengan syarikat insurans. Tetapi pastikan nilai tersebut tak lebih dan tak kurang. Ini mengelakkan anda daripada kerugian. Sebagai contoh, jika anda meletakkan nilai yang lebih tinggi daripada nilai pasaran, anda akan dikenakan premium yang lebih tinggi. Tetapi bila anda meletakkan nilai yang rendah pula, tiba masa untuk anda
membuat tuntutan
, anda terpaksa mengeluarkan duit lebih untuk menanggung kerosakan yang anda alami. Ini kerana pihak insurans memberikan jumlah pampasan yang lebih rendah. Jadi, lebih baik jika anda meletakkan nilai yang tepat untuk keuntungan anda.

2. Pilih Perlindungan Yang Sesuai

Seperti yang sedia maklum, terdapat 3 jenis
polisi insurans kenderaan
 yang ada di Malaysia iaitu polisi pihak ketiga, polisi pihak ketiga, kebakaran dan kecurian dan juga polisi komprehensif. Walaupun
polisi insurans kenderaan
 komprehensif menawarkan perlindungan yang lebih menyeluruh, mungkin anda tidak memerlukan kesemua perlindungan yang ditawarkan di dalam polisi terbabit. Sebagai contoh, anda cuma menggunakan kereta untuk menghantar anak ke sekolah yang jaraknya hanya 5 minit perjalanan. Jadi, rasanya tidak perlu anda mengambil
polisi komprehensif
 yang mahal. Cukup sekadar membeli
polisi insurans
 pihak ketiga sahaja. Jadi, selidik dan kaji dahulu setiap jenis polisi untuk mencari polisi mana yang seharusnya anda ambil. Bila sudah tahu polisi yang tepat untuk anda, barulah mudah untuk anda membuat perbandingan harga premium yang ditawarkan antara sebuah syarikat insurans dengan syarikat insurans yang lain.

3. Lihak Promosi

Bukan produk lain sahaja yang ada promosi, insurans juga ada promosi. Lagipun, zaman sekarang terdapat pelbagai
premium insurans
 yang ditawarkan oleh pelbagai syarikat insurans yang berbeza. Jadi, pastinya syarikat-syarikat insurans ini akan berlumba-lumba menawarkan pelbagai promosi menarik bagi menarik minat pelanggan. Tugas anda cuma perlu peka, bila agaknya pihak insurans akan melakukan promosi harga menarik.

4. Buat Perbandingan

Bagi yang sering membaca tentang tip-tip penjimatan, anda pasti sudah selalu mendengar nasihat supaya sentiasa membuat perbandingan harga sebelum mengambil keputusan untuk membeli sesuatu. Kaedah yang sama juga boleh dilakukan jika anda ingin membeli atau memperbaharui polisi insurans kenderaan anda. Ini kerana terdapat banyak pilihan pelan insurans kenderaan yang ditawarkan oleh pelbagai syarikat insurans di luar sangat. Harga premium yang mereka tawarkan juga berbeza-beza di antara satu syarikat dengan satu syarikat yang lain. Jadi, jika anda ingin berjimat, anda perlulah meluangkan sedikit masa untuk membandingkan polisi insurans yang ada di luar sana.

Savings up to RM300 + Road Tax Deliver To Your Door Step

Di zaman yang serba canggih ini, anda boleh menjimatkan masa anda untuk melakukan semua perkara di atas tanpa perlu meninggalkan keselesaan rumah anda. Anda boleh melakukan segalanya dihujung jari sahaja. Antara
laman web perbandingan insurans
 yang anda boleh lawati adalah Fincrew.my. Di sini anda bukan sahaja boleh membandingkan serta mendapatkan sebut harga insurans kenderaan, tetapi anda juga boleh mendapatkan maklumat-maklumat terkini tentang insurans kenderaan di Malaysia. Jadi, apa tunggu lagi? Layarilah laman web Fincrew sekarang!

Tags:
Diskaun Insurans
Insurans Auto
Insurans Kenderaan
Insurans Kenderaan Komprehensif
Polisi Insurans
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把车卖掉过后我的汽车保险怎么办？

有很多人问过这个问题 — 如果我把车卖了，我的
汽车保险
怎么办？这个问题是不是耳熟能详呢？的确，很多人不但不知道自己买了什么保险，连很多手续都搞不清楚呢！首先，把车卖了，我们需要通知我们的
汽车保险
公司，然后等待买家准备两个文件，新买家名下的汽车保单，还有陆路交通局(JPJ) 更新的车卡，把这两个文件交给你的
保险公司
，就可以把保单停止。如果保单的有效日期还有超过3个月，甚至还可以申请余额退还哦！当然每一家
保险公司
的退款条件不一定相同，不过无论如何，我们都可以尝试问问看。如果以上手续在办着，但新的买家提出要先把车拿去驾，可以吗？这有一点风险哦！因为如果发生什么意外，哪一方需要负责任呢？对谁都不公平，所以最好是等一切手续都办妥了，再让新买家把车驾走比较稳当。

当然也有很多人把旧车卖了，会换一辆新车。这时候就把你现有的汽车保险转移到新车，那还可以得到无索偿折扣，这一些资讯汽车营业员都会帮你算清楚的哦！希望我们今天的视频教会你一点点， 让你更懂得车险的咨询！

Tags:
JPJ
保险公司
汽车保险
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Can I keep my Totaled Vehicle After an Accident?

A car accident is a traumatic experience. Even if the accident wasn’t that severe, a car could be
totaled
. Failure to repair destroyed vehicles is not a problem, but the cost of such repairs is deemed excessive. If the insurance company determines the car to be
totaled
, the damage is greater than 75 per cent of its value. Your insurance provider may still allow you to bring your car home before it hits the salvage yard if you recently had a car accident and determine that it is a total loss. However, you must ask yourself if you wish to keep it.

Savings up to RM300 + Road Tax Deliver To Your Door Step

What Is a Total Loss?

Cars are
total losses
 if the cost of repairs exceeds the vehicle’s value at the time of the accident. Though the definition may vary from insurer to insurer, however, if your insurance company determines that the car damage is so severe, it will be a total loss, cost considerations aside. In any case, if it is not possible to salvage the vehicle, you should cut your losses and accept the check your
insurance company
 sends you. Your insurer marks your vehicle’s title as salvage once written off as a total loss. Your insurance company will determine your real cash value and issue a check depending on your car’s make, model, mileage, condition, and options. It will then be auctioned off for its salvage value by the insurer.

What To Consider Before Keeping a Totaled Vehicle

One of the reasons to keep a
totaled car
 is to salvage it yourself for spare parts or to believe it can be restored and made safe for driving again. You may be correct, but take some factors into account before making your decision.

Repair Costs

The repair cost is a big deal. You have to make sure you can get actual value from your vehicle if your insurance company doesn’t think it’s worth the repairs. Consider getting an expert opinion if you don’t know much about mechanics. One scenario in which such a vehicle is worth keeping is if you are a mechanic and can make the repairs yourself for a great deal less than what it would cost to have another mechanic do it. Other drivers and the environment are at risk if you fail to repair a
totaled car
 properly.

Insurance

Your repaired vehicle may be difficult to insure—and you’ll have a difficult time finding an insurance company that will cover your vehicle before being fixed. When the car becomes a salvage vehicle, insurance companies are hesitant to write a policy. You may only be eligible for liability coverage.

Financing

If you don’t own your baby, don’t get too excited about bringing it home. You may not keep the vehicle if financed, and you have not fully paid it off. The final decision will be by the
financial
 institution that holds the loan. You should consider gap
insurance
 if you are concerned that you will owe more than the vehicle is worth if it is totaled. It will cover the difference between your owed amount and the value of the car.

If You Still Wish To Keep Your Vehicle

Even if you can’t bear to part with your baby, arrange with your insurer to keep your beautiful wreck. Payment will be determined by your carrier the same way it would if you weren’t holding your car, but the vehicle’s salvage value will reduce the settlement amount.

Tags:
Excess
Liability Cover
Total Loss
Totaled Car
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Your Car Insurance Policy When You Sell Your Car

You feel like it is the right time to upgrade and purchase a larger, newer, or better vehicle. Perhaps you have multiple cars, and you want to sell one of them for profit. Either way, you’ve decided that now is the right moment to sell your vehicle. But what will happen with the
insurance
 once you sell the vehicle? At its essence, you have two options when it comes to your
car insurance policy
.

Option #1: Cancel the Car Insurance Policy

The first thing that you can do is to cancel the
car insurance
 policy
. It is important not to rush with this decision. The situation when canceling the
car insurance
 is justified is when you don’t plan on owning a vehicle any time soon. Since you won’t be having a car, there is no need for
car insurance
. Here is how the process of canceling the
car insurance
 policy should look:

Contact the insurance company to ask for details about the
cancellation
 process. Inform that that you’ve sold your vehicle and want to
cancel your policy
.

Make sure to ask about potential
cancellation
 fees.

Send the required paperwork to the
insurance company
 and pay the fee.

Depending on how much you have left on your
car insurance
 policy and other details of the agreement, you might be eligible for premium refunds. If you are paying monthly, the odds are that there will be no or low refunds. However, if you paid for the entire contract time in advance, a refund might be approved.

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Option #2: Change the Vehicle Covered by the Car Insurance Policy

You might be selling a vehicle, but that doesn’t mean you are not acquiring a new car. Perhaps you are selling the old model to purchase a new one. If you plan to buy another vehicle and continue driving, you don’t need to cancel your car insurance policy. Instead, it is much better to replace the vehicle covered by the
insurance
 plan. Updating your car insurance policy should be a straightforward process. It starts by contacting the insurance company and informing them that you sold the old and purchased a new vehicle. An agent will get in touch with you to discuss details about updating the policy. Specifics like the estimated value of the vehicle might need to be changed. Once you reach an agreement, you will receive a fresh certificate of your insurance plan for the new vehicle. Make sure to check for the effective date of your new policy. That is the day when the obligation of the insurance company officially begins. If any damage occurs before that date, they cannot be held responsible.

Why You Shouldn’t Cancel Your Car Insurance Policy Before You Sell Your Vehicle

Many people rush and decide to cancel their car insurance policy even before they finalize the selling process. You might think that you won’t drive your vehicle anymore, especially if you have an interested buyer. But what if the purchaser gives up at the last minute? What if there is an emergency and you need to take the car to another part of the city?

Driving without car insurance is a huge risk, which is why you should keep your policy intact until you finish the selling process. That way, you can use the vehicle until the last moment without worrying about potential consequences.

Tags:
Car Insurance
Insurance Policy
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Sebab Utama Kenapa Tuntutan Insurans Motosikal Anda Ditolak

Bayangkan, anda mengalami kemalangan dan kemudian anda bersedia untuk membuat tuntutan kepada syarikat insurans bagi menanggung segala kos yang diperlukan untuk membaiki kerosakan yang dialami. Anda telah siap menghantar borang permohonan, tetapi anda kemudiannya dimaklumkan bahawa tuntutan anda itu ditolak. Pasti ia akan mengecewakan anda bukan? Kalau begini, lebih baik tak payah
beli insurans motosikal
 kalau pihak insurans tak bertindak untuk melindungi pemilik polisi dari kecelakaan seperti kecurian, kemalangan atau kebakaran. Tentu mereka mempunyai alasan yang munasabah untuk menolak permohonan tuntutan anda itu. Mengapa agaknya syarikat insurans ini menolak permohonan anda? Mungkin 4 sebab di bawah merupakan alasan kenapa
tuntutan insurans
 motosikal anda itu ditolak dengan mudah:

1. Laporan Polis Tidak Sah

Untuk mendapatkan
tuntutan insurans
, anda perlu mengemukakan kepada
syarikat insurans
 laporan polis yang dilakukan kurang daripada tempoh 24 setelah kecelakaan atau kecurian itu tersebut berlaku. Pihak insurans akan menganggap bahawa dokumen laporan yang ditunda ini adalah tidak sah. Sebab itulah anda disarankan untuk segera membuat laporan polis dan mengemukakan permohonan tuntutan kepada pihak insurans pada hari yang sama. Dan jangan sesekali cuba untuk memalsukan laporan polis kerana anda boleh dikenakan hukuman penjara sehingga 6 bulan dan juga denda sehingga RM2,000!

2. Tidak Mempunyai Lesen Memandu/Lesen Tamat Tempoh

Ramai juga di kalangan rakyat Malaysia yang memiliki dan memandu motosikal tanpa lesen yang sah terutamanya golongan remaja. Bila berlakunya
kemalangan
 atau kecurian, pihak insurans akan meminta salinan dokumen penting untuk melengkapkan prosedur terutamanya lesen memandu. Sekiranya pemilik motosikal itu tidak mempunyai lesen memandu yang sah, permohonan mereka akan ditolak serta-merta. Jadi, ibu bapa yang mempunyai anak-anak yang gemar menunggang motosikal, anda perlulah memantau anak-anak. Jangan biarkan mereka menunggang tanpa lesen yang sah walaupun untuk jarak yang dekat kerana kemalangan itu tidak berbau.

3. Tidak Dilindungi Polisi

Pihak insurans juga tidak memberikan pelindungan bagi setiap perkara yang berkaitan dengan motosikal anda. Sebelum membuat sebarang tuntutan kepada syarikat insurans, sebaiknya anda teliti terlebih dahulu dokumen polisi anda untuk melihat pelindungan apa yang diberikan di dalam polisi tersebut. Contohnya anda cuma mengambil polisi pelindungan yang paling asas, Polisi ini tidak akan melindungi anda daripada kes-kes kecurian aksesori motosikal seperti ‘sports rim’. Jadi, kalau anda
membuat tuntutan
 kepada pihak insurans, tentu mereka akan menolak tuntutan tersebut.

4. Dokumen Tidak Lengkap

Kalau anda mengemukakan dokumen yang tidak cukup atau tidak lengkap, permohonan anda akan ditolak. Jadi sediakan semua dokumen yang diperlukan sebelum membuat tuntutan kepada pihak insurans. Antara dokumen yang perlu disediakan adalah salinan lesen memandu, salinan ‘cover note’, salinan laporan polis serta gambar yang boleh dijadikan sebagai bukti. Untuk maklumat yang lebih lanjut, anda boleh berhubung terus terus pegawai insurans anda. Anda juga boleh merujuk kepada Panduan Tuntutan Motor oleh Bank Negara Malaysia.

Jika anda memberikan perhatian untuk setiap perkara di atas, anda akan mendapat pampasan yang sewajarnya daripada syarikat insurans. Tetapi seandainya tuntutan anda masih ditolak, anda boleh menggunakan khidmat Biro Perantara Kewangan (Financial Mediation Bureau) menyelesaikan
tuntutan dengan pihak insurans
. Apa yang paling penting, semasa anda membeli insurans pastikan anda memahami sepenuhnya dengan pelan pelindungan yang anda ingin ambil itu. Jangan lupa untuk membandingkan setiap pelan
insurans motosikal
 yang ada diluar sana bagi memastikan anda mendapat pelindungan yang terbaik pada masa yang sama berbaloi dengan duit yang dilaburkan.

Di Fincrew, kami menyediakan pelbagai pilihan polisi daripada pelbagai syarikat insurans yang berbeza. Ini tentunya akan memberikan peluang kepada anda untuk menilai pelan
insurans motosikal
 mana yang bersesuaian dengan anda.

Tags:
Cover Note
Insurans Motosikal
Tuntutan Insurans
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Types Of Company Insurance For Employees

The workplace should provide an employee with some form of insurance coverage. While certain
types of insurance
 coverage are mandatory for certain employers, others are not. However, it is best to understand the more common
types of insurance
 that your employer may offer. What’s the reason? Understanding what you have and do not have allows you to fill in any gaps in your coverage. As a result, you will be well informed enough to take advantage of the benefits you need when you need them.

Healthcare Insurance

Many employers offer group healthcare
insurance
 to their employees. You can choose from different coverage options, from the most basic to the most
comprehensive
. Employees can typically choose between different
insurance plans
 their employers provide, and employees can adjust these plans as necessary. Knowing what is covered and what isn’t includes learning whether you choose your physician and the
deductible
 or other costs.

Disability

Disability insurance is another type of employer insurance. If an employee becomes disabled, an employer will purchase income replacement insurance not to lose their income. The employee will receive a regular payment if he becomes disabled through this type of insurance. The majority of insurance policies have a waiting period to be adhered to by individuals. Depending on the severity of the
bodily injuries
, they might have to wait 60 days before they begin receiving benefits. Most employers only insure their workers for short-term liability. As a result, most companies will only provide
financial
 support to disabled individuals for a short period (a year or less). A person who is still unable to work after this point can seek disability benefits from Social Security or a private disability insurance policy.

Worker’s Compensation

If a company has employees, it is required to purchase worker’s compensation insurance. Workers’ compensation insurance covers the medical expenses incurred by employees due to workplace injuries. If a worker gets injured on the job, she can obtain the medical care she needs and then file a
worker’s compensation
 claim. Her insurance will then pay her medical bills. Employees who accept this coverage agree not to sue their employers for negligence. It is also known as workman’s compensation.

Life Insurance

Employees typically purchase group
life insurance
 through their employers. Knowing what kind of coverage your employer provides and the death benefit is essential if you have such a range. In many cases, these types of life insurance group plans are just short-term or
accidental death policies
 that cover just enough of your final expenses or come with death benefits equal to just one year of your salary. A life insurance policy that requires little or no medical examination is better than none, and group life insurance might be a cost-efficient way to start one. Nevertheless, make sure you have enough coverage by checking your limits and policy type.

Reviewing your coverage is essential if your employer offers you free or low-cost benefits at work. Talk to us at Fincrew to determine whether you need coverage beyond what is provided by your employer. Our representative can help you choose the right policy that is best for you.

Tags:
Company Insurance
Healthcare Insurance
Life Insurance
Workers Compensation
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Apakah Perlindungan Yang Diberikan Oleh Insurans Kereta?

Sama ada anda baru sahaja menyertai kumpulan pemilik kenderaan di negara ini atau tidak mempunyai banyak masa untuk melihat perincian polisi
insurans kereta
 anda, anda mungkin akan mendapati diri anda bertanya:

Apa yang sebenarnya dilindungi oleh
insurans kereta
 saya?

Apakah keistimewaan memiliki
perlindungan
?

Untuk situasi yang bagaimana saya tidak diinsuranskan?

Anda berbelanja besar untuk
perlindungan insurans kereta
 anda setiap tahun. Bukankah ini masanya untuk anda mengetahui lebih lanjut mengenainya? Tidak mahu berasa tertekan semasa melakukannya? Perkara pertama yang perlu anda tahu semasa mempertimbangkan seluas mana
perlindungan insurans kereta
 anda adalah, ia bergantung sepenuhnya kepada polisi apa yang anda ambil dengan syarikat insurans anda. Ini bermaksud apa yang dilindungi untuk anda dari segi kewangan adalah berkaitan secara langsung dengan mana satu antara tiga jenis pakej insurans utama yang anda ambil untuk kenderaan anda.

Sebagai contoh, jika anda mendapatkan perlindungan
Pihak Ketiga
, satu-satunya perlindungan yang boleh anda harapkan jika anda terlibat dalam kemalangan yang mengakibatkan kerosakan pada kenderaan, individu atau harta benda orang lain, anda tidak perlu menanggung perbelanjaan tersebut dari poket anda sendiri. Kesannya, jika anda merosakkan kenderaan anda atau diri sendiri
dalam kemalangan
 tersebut, anda perlu menanggung kos tersebut dengan duit sendiri. Bagaimanapun, jika anda menggunakan Perlindungan Pihak Ketiga, Kebakaran dan Kecurian, anda boleh mengharapkan sedikit perlindungan kewangan daripada
syarikat insurans
 anda.

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Mereka bukan sahaja akan menanggung semua perbelanjaan pihak ketiga yang terlibat dalam kemalangan, tapi, anda juga berpeluang mengemukakan tuntutan jika kenderaan anda dicuri atau dirosakkan. Selain itu, jika kenderaan anda terlibat dalam kebakaran, anda tidak perlu menanggung sendiri kos pembaikan atau penggantian. Seperti yang anda jangkakan, Pakej
Perlindungan Komprehensif
 menawarkan rangkaian perlindungan yang lebih luas kepada pelanggan. Selain daripada menguruskan kedua-dua pakej sebelum ini, ia memberikan anda lebih perlindungan kewangan jika kereta anda mengalami kerosakan akibat pelanggaran. Tapi, itu cuma akan berlaku jika anda tidak bersalah. Sekarang anda telah mengetahui semua senario yang dilindungi oleh pelbagai jenis pakej insurans kereta. Berikut merupakan beberapa situasi
yang tidak dilindungi oleh polisi insurans
 standard. Tidak ada insurans kereta yang akan melindungi anda jika ini berlaku;

Kecederaan tubuh atau kematian anda sendiri

Kecederaan atau kematian penumpang anda

Kecurian aksesori yang dipasang pada kenderaan anda

Kerosakkan kereta anda yang disebabkan oleh bencana alam seperti banjir

Kerosakan atau kehilangan kereta anda akibat usang

Dan, sekarang anda telah tahu semua yang dilindungi oleh insurans kereta anda.

Tags:
Insurans Kenderaan Pihak Ketiga
Insurans Kereta
Insurans Pihak Ketiga
Pelindungan Insurans
Pelindungan Komprehensif
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Exploring Diverse Financial Services Provided By Fincrew

The leading insurance and financial product marketplace in Malaysia, Fincrew Malaysia, provides a wide range of
financial services
. Fincrew Malaysia provides users a comprehensive online platform for comparing and applying for various financial products, including insurance, loans, credit cards, and extended warranties. The platform makes users make informed decisions and find the best deals on economic outcomes by providing a user-friendly experience and excellent customer service.

Fincrew Malaysia offers various services besides its insurance and financial products, such as online will writing and business current accounts. An overview of Fincrew Malaysia’s various
financial services
, including its auto repair loan, compare SME business loans, compare personal loans, compare koperasi loans, extended warranty, online will writing, and Alliance Bank business current account, will be provided in this article.

Insurance Services

Fincrew Malaysia offers a wide range of insurance services, including:

Maid Insurance: Fincrew understand the importance of safeguarding the well-being of those who support your household. Fincrew
comprehensive maid insurance
 coverage offers personal accident insurance, medical expenses, repatriation costs, and more.

Golfer Insurance
: Fincrew tailored this coverage to address the unique needs of golf enthusiasts. From liability to the public and accidental injuries to equipment loss and even hole-in-one celebrations, Fincrew Golfer Insurance has you covered.

Car Insurance
: Motor insurance is mandatory in Malaysia for all vehicle owners. Fincrew Malaysia offers motor insurance policies that cover damage to your vehicle and liability for third-party damages.

Travel Insurance
: Travel insurance covers unexpected events during your trip, such as medical emergencies, trip cancellations, and lost baggage. Fincrew Malaysia offers travel insurance products that provide comprehensive coverage at affordable prices.

Loan For Auto Repair

An auto repair loan from Fincrew Malaysia is a personal loan designed to help car owners pay for auto repairs. Because these loans are unsecured, they have flexible terms for repayment and competitive interest rates. It makes it easier for car owners to pay for repairs without worrying about how much they will cost upfront.

SME Business Loans Compare

Additionally, Fincrew Malaysia
provides a comparison and application for business loans platform for SMEs
. Small and medium-sized businesses (SMEs) can get funding using this service, which helps them find the best loan deals with low-interest rates and flexible repayment terms.

Compare An Individual Loan

Fincrew Malaysia likewise offers a stage for people to look at and apply for individual credits. Loans for personal use are for various things, including home improvements, consolidating debt, and paying for unexpected expenses. Individuals can use the service to locate the best loan deals with affordable interest rates and flexible repayment terms.

Comparison Of Koperasi Loan

Koperasi loans are loans from cooperatives that are only available to cooperative members. Members of koperasi can use the Fincrew Malaysia platform to compare and apply for loans with favorable interest rates and flexible repayment terms.

Extended Protection

For various goods, Fincrew Malaysia provides
extended warranty coverage for automobiles
, motorcycles, and home appliances. Users are provided with financial security and peace of mind due to the additional protection that extended warranty coverage provides against unanticipated breakdowns and repair costs.

Writing a Will Online

Additionally, Fincrew Malaysia provides
online will-writing services
, allowing customers to draft legal wills without visiting a lawyer. Users can use the service to ensure that their assets’ distributions are by their wishes at an affordable and convenient cost.

Conclusion

Fincrew Malaysia is a dependable and easy-to-use marketplace for financial services that provides a wide range of financial products and services to meet its customers’ various requirements. Thanks to the platform’s user-friendly interface and excellent customer service, it is easier for users to compare and apply for insurance, loans, credit cards, and other financial products. Users can also benefit from Alliance Bank’s business current account, extended warranty, and online will writing services from
Fincrew Malaysia
.

Fincrew Malaysia
 is an excellent option for anyone looking to compare and apply for financial products that best suit their requirements and budget because of its competitive rates and flexible repayment terms.

Tags:
Car Extended Warranty
Financial Services
Golfers
Maid Insurance
Online Will Writing
SME
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Does Insurance Transfer The Risk?

Insurance
 companies do not transfer risks for numerous reasons. First, let’s talk about what transfer of risk is and how it works.

What Is Risk Transfer?

Business agreements that involve risk transfer are agreements whereby one party pays another to mitigate losses that may or may not occur. The
insurance
 industry operates according to this tenet. Transfers of risk can occur between individuals, between individuals and insurers, or between reinsurers and insurers.

How It Works

A
risk transfer
 is a risk management technique in which individual or corporate loss is shifted to a
third party
 if there is an adverse outcome. Third parties have compensations for bearing risks by periodic payments from individuals or entities. Insurance is a typical example of
risk transfer
. A person or entity purchasing insurance is protecting itself against financial risks.
Car insurance
, for example, provides financial protection for individuals in case of traffic accidents that could result in bodily damage or injury. As a result, the person is shifting the risk of a traffic collision resulting in significant financial losses to the
insurance company
. Individuals will generally need to pay a periodic premium to the insurance company to cover these risks.

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Methods Of Risk Transfer

In general, there are two methods of transferring risk:

Insurance Policy

Purchasing insurance is a standard method for transferring risk. In purchasing insurance, an individual or entity is shifting
financial
 risk to the insurance company. Such risks typically incur a fee – an
insurance premium
 – from insurance companies.

An Indemnification Clause In Contracts

Additionally, contracts are for transfer risk from one entity to another. An indemnification clause in an arrangement ensures that the opposing party will compensate for potential losses. By definition, an indemnification clause says that parties to the contract will pay each other if they suffer harm, liability, or loss.

Why Do We Not Transfer All Risks By Using Insurance?

Insurance companies can’t and won’t accept the transfer of
all risks
 for many reasons. It is essential to know that there are two types of risks: pure risks and speculative risks. Insurance companies do not insure theoretical risks. An investment that could prove beneficial if it fails is investing in a business and insuring against it failing. Risks based on speculation are not covered by insurance since they are the upsides and downsides that every business owner faces. However, companies may bet on a fall in the currency to increase profits when money drops. However, that is not insurance as we understand it. A common term for this strategy is “hedging your bets.”

Moreover, some risks may seem uninsurable if they are against the public interest or encourage loose morals. A good example would be insurance against having your driving license revoked due to repeated accidents. Since the consequences of your actions aren’t as severe, if you have coverage against this, you may end up driving more recklessly as you don’t have to worry about financial consequences. Additionally, some occurrences are so uncommon that insurers do not wish to set up policies to cover them. Many insurance intermediaries set up special schemes to address the unique problems that some people and organizations face – but these schemes must generate sufficient premiums to cover the overhead involved in administering them and provide a pool of funds to settle claims.

Tags:
All Risk
Reinsurer
Risk Management
Risk Transfer
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