It is important to be familiar with the type of car insurance fraud and road scams so that you know what to do when facing such situations. Read below to find out some common examples of car insurance fraud in Malaysia.
Did you know that in 2020 alone, 4,634 deaths in Malaysia were caused by road accidents? This was 24% lower than the numbers in 2019, but despite this reduction in deaths, cases of injuries on the road had increased by 14.6%.
Always wondered what is the difference between Takaful and Life Insurance? Although both offer the same purpose which is to protect the insurer, there are some major differences between both. Takaful is a relatively new insurance product that is marketed as an Islamic alternative to conventional insurance and is often referred to as “Islamic” Insurance.
Simple answer, yes. At the very least, you must buy and renew a third party car insurance on an annual basis in order to get and renew your road tax for your vehicle. However, there is additional coverage available based on your preferences such as windshield and flood coverage.
It goes without saying that the recent floods in Malaysia have been one of the worst in years. The devastation has been immense—tens and thousands of people have been displaced and lost their property. If you’d like to relieve these victims in some way, here are some things you can consider doing for them:
We all know what insurance is for and why it’s vital to have one. In spite of that, not everyone has an insurance policy as they might just want to rely on their savings for rainy days. Paying monthly premiums might seem like a hassle for some.
Pelan Insuran merupakan antara perkara yang wajib dimiliki oleh setiap orang sebagai perlindungan dari perkara yang tidak diingini. Namun tidak ramai yang melanggani pelan insuran perjalanan atas sebab-sebab berikut:
Yesterday (March 30), Malaysia Airlines Bhd announced its welcome of the reopening of Malaysia’s travel borders on Friday (April 1) and the latest travel procedures that incoming foreign travellers must comply with. These include buying travel and Covid-19 insurance with a minimum value of US$20,000 (about RM84,060).
Death is of an unpredictable nature. But what you can control is your family’s security and well-being after you’re gone. Planning for your “death” may be overwhelming, but failing to do so will leave a harder impact on your loved ones!
ICYMI, OYO Malaysia will offer free insurance coverage to all guests who book to stay at any of their hotels nationwide! The insurance is automatically included at no extra charge to guests with every booking made through the OYO app, http://www.oyorooms.com or the Online Travel Agencies (OTAs).
