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Everything You Need to Know About the Detariffication in Malaysia

September 16, 2018 | Author: | Posted in Insurance

Recently, Malaysia was in news for phased liberalisation of motor and fire insurance. The phased liberalisation is also known as detariffication or simply put, the act of removing all regulations on pricing of the insurance cover which was previously created by Bank Negara Malaysia. For 30 years, the motor insurance premium in Malaysia had been …

4 Key Factors That Affect Two-Wheeler Insurance Premiums in Malaysia

September 16, 2018 | Author: | Posted in Insurance

Having your own two-wheeler is almost a necessity given the issues with public transportation. Your own motorcycle ensures freedom, convenience, and availability at all times. But it is important to keep your vehicle guarded by insuring it. You need a comprehensive plan which covers you against man-made and natural mishaps. When you are secured under …

A Brief Overview of Worker’s Compensation Insurance

August 11, 2018 | Author: | Posted in Insurance

Churches are unique small non-profit businesses. Even though their activities are not carried out with the purpose of profit earning, they still have to hire employees for performing certain duties and these employees have a family to run. Churches pay salaries to their employees for the services rendered by them to their organization. Churches are …

All You Need to Know about De-tariffication of Motor Insurance in Malaysia

August 11, 2018 | Author: | Posted in Insurance

The detariffication of the motor insurance in Malaysia is also known as the liberalisation of motor insurance tariff which was introduced in the year 2016. Prior to the liberalisation, motor insurance premiums in Malaysia were regulated by a fixed tariff structure and controlled by Bank Negara Malaysia. The insurance premiums were calculated based on 2 …

How is the Risk Profile Assessed on the Basis of Individual Risk Factors?

August 9, 2018 | Author: | Posted in Insurance

Risk assessment is one of the primary tasks to be performed by insurers. Also, known as underwriting, it is a detailed methodology which helps the insurer in evaluating and assessing the risk associated with the insurance policy. The main purpose of the assessment is the calculation of the correct premium amount for the insured. The …

All About Insurance Brokerage Firms Sherman Oaks

July 20, 2018 | Author: | Posted in Insurance

Insurance brokerage firms have an important role to play in the development of both life insurance and general insurance companies. They act as an intermediator between insurer and insured, while on other hand they assist in assessing client’s business and risk profile, and accordingly suggest appropriate coverage. Insurance agency Sherman Oaks also convince the insurer …

Helena Church Insurance package – Choose Wisely!

June 26, 2018 | Author: | Posted in Insurance

In the present hostile society, it’s more critical than any other time in recent memory to know about the lawful ramifications of the Church. This implies your customers should be proactive about shielding their organizations from financial and legal dangers with an exhaustive Helena Church Insurance Package. This package basically covers any sort of religious …

Reasons Why You Should Consider Having Texas Group Insurance Plans

May 10, 2018 | Author: | Posted in Insurance

Whether you’re a business owner or an employee, many employees and organizations consider health insurance as the primary coverage option along with dental insurance and vision insurance. However, many may wonder is it necessary to have vision and dental insurance coverage especially if they are not yet having a vision or dental problems. Health insurance …

Importance of Choosing A Reliable Church Insurance Agency Minnesota

April 24, 2018 | Author: | Posted in Insurance

Churches are unique non-profit businesses. They do a great social service the name of God and dedicate their resources and manpower to work for the greater cause of the society. It is due to selfless, non-profit organizations like churches that the flag of humanity still flies high in the sky. There is a range of …

Why you need public insurance adjusters in Philadelphia?

April 2, 2018 | Author: | Posted in Insurance

Public insurance adjusters of Philadelphia has great role to play for businesses trying to recover losses when the property undergoes damage. Property insurance claims in PA can also help to recover 80% of the loss. Public insurance adjuster is the claim adjuster advocating for a policyholder when the claimant files an insurance claim. He helps …

Malaysian Insurance Industry Needs More Improvement for Better Growth

March 29, 2018 | Author: | Posted in Insurance

The insurance sector of Malaysia has a long way to go to achieve a 75% penetration rate by 2020. Bank Negara Malaysia (BNM) believes that the insurance industry needs to more improvement to strengthen market participation and encourage better development of the sector. Last year in July, the central bank announced the phased liberalisation of …

What Are the Medical Cover Options for Kids In US?

March 19, 2018 | Author: | Posted in Insurance

Summary – Every parent wishes to provide a more secure tomorrow to their kids and health insurance plans for kids are made for the same. Let’s get to know the various health insurance options available for kids in the US. Kids are the most valuable asset of a family and no parent likes to see …

Best Property Insurance Claims Handler That Helps in Your Claim

March 8, 2018 | Author: | Posted in Insurance

Public insurance adjusters of Philadelphia has great role to play for businesses trying to recover losses when the property undergoes damage. Property insurance claims in PA can also help to recover 80% of the loss. Public insurance adjuster is the claim adjuster advocating for a policyholder when the claimant files an insurance claim. He helps …

Understanding Different Types of Helena Church Insurance

March 7, 2018 | Author: | Posted in Insurance

Helena church insurance has become an essential requirement in today’s context. Gone are days when churches were used to considered safe havens where people used to find solace and help from volunteers and church members. It is not that the nature of church operations have changed over time, it is just that these noble, non-profit …

Motor Insurance Dominates the Insurance Industry in Malaysia

March 1, 2018 | Author: | Posted in Insurance

The insurance sector is one of the most important growth drivers of the financial services sector in Malaysia. The insurance sector contributes about 20.9 percent to Malaysia’s total gross national income (GNI) in 2016. The country’s insurance industry is now going through one of its most significant transformation, after remaining stagnant for the last few years. Motor insurance, the largest …

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