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).
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.
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:
Previously, we wrote on why you should have an insurance policy for various things in life. You can check out that article here:
Most of us already know the importance of having life insurance. But what about travel 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.
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.
You may be aware of SOCSO, however do you know what it covers? We’ve simplified it for you, read on to understand the basics of SOCSO and why it is important for you! What is SOCSO? When you look at your payslip every month, you may have noticed that a portion of your salary is…
Having a car motor insurance for your vehicle is compulsory. With many car insurance companies you can find here in Malaysia, which among all is the best one for you to buy? Read this complete guide to find out everything you need to know about car insurance before making your decision.
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%.
