5 Steps To Get A Suitable Insurance Policy For Yourself
- By CompareHero.my
- November 22, 2021
Previously, we wrote on why you should have an insurance policy for various things in life. You can check out that article here:
Related: 4 Reasons Why It’s Important To Have An Insurance Policy
So, let’s say you’re thinking of getting insurance for yourself now, but you don’t know where to start or how the whole thing works. In this article, we break down the process for you in 5 simple steps.
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- 1. Use a comparison tool to find the insurance for you
- 2. Apply for a policy through an agent or a trusted 3rd party website
- 3. An insurance underwriter will analyse the risks in insuring you
- 4. Select your beneficiaries—the people who will inherit your insurance money
- 5. Time to start paying your premiums!
1. Use a comparison tool to find the insurance for you
Finding an insurance provider on your own isn’t the easiest thing. If this is your first time getting a policy, the fine details and terms can also be very confusing. Above all, you might not even know which insurance to go for.
In cases like this, the best thing to do would be to use a comparison tool. Comparison tools will list all your options, state the pros and cons of each and might even be able to recommend something for you based on your budget and needs. In case you didn’t already know, CompareHero.my is a comparison website that can help you decide on suitable financial products, including insurance.
2. Apply for a policy through an agent or a trusted 3rd party website
Once you’ve picked your preferred insurance provider, you can contact them or scout for a reliable insurance agent. Get recommendations from trustworthy sources and be on the lookout for scam agents. Be sure to ask the agent as many questions as you can so that you know exactly what you’re getting.
Besides talking to an agent, you can also sign up through a third party or comparison website such as CompareHero.my. All you need to do is leave your details with us and we;ll take care of the rest. We’ll then contact you to give you more information.
3. An insurance underwriter will analyse the risks in insuring you
Now regardless of how you apply for the insurance, before you actually successfully get your policy, an underwriter will need to decide if the company can assure you. What’s an underwriter, you ask?
They’re basically someone who will analyze all the risks the insurance company may face in insuring you. Essentially, they look at whether you qualify to be insured by the company or not. If you do qualify, they will then decide how much coverage you should get and how much of monthly premium you should pay.
4. Select your beneficiaries—the people who will inherit your insurance money
The main goal of getting insurance is to protect yourself financially, but another reason would be to ensure your next of kin might inherit what you leave behind.
Similar to when you write a will to pass down your inheritance when you’re no more, you can also decide who will get your insurance money later. It’s important to select your nominees because if you don’t, it can be a very difficult process for your family to receive that money; there’s a lengthy legal procedure which can take years to complete.
Related: 5 Types Of Insurance You Need But May Not Have
Each insurance provider may have their own rules and regulations regarding who you can nominate and how to go about it in the first place. Make sure to check with them before signing up for your policy.
Once all of the above is done, you would have successfully gotten your insurance policy. Congratulations! You’ll have to pay a fixed premium monthly to continue receiving coverage from your insurance provider. Make sure you don’t default on your payments or your policy could lapse or be terminated altogether.
Looking for an insurance policy? At CompareHero.my, you can find the best car and travel insurance deals in Malaysia. Click the links below to find out more!
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5 Extensions That Can Help You Save While Shopping Online
- By CompareHero.my
- November 18, 2021
There’s one thing you can do if you shop on your desktop that you can’t really do on your phones (you could, but that involves jumping through different apps) — go hunting for the best value for money product. But if that entails having 10,000 tabs open while you search for treasure, then you’re doing it wrong.
Browser extensions exist for a reason, and it’s time to make use of them to make your online shopping experience a much cheaper one.
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1. Honey
Tired of scouring the internet for coupons? This is where Honey comes in. Honey automatically applies coupons for you at checkout so you never have to keep applying coupon codes that don’t work anymore. This browser extension works on your Chrome browser.
2. Price.com
If you’re already preparing for Black Friday sales, try out Price.com’s Chrome extension. Based in the US, it helps you search for the lowest priced product across the internet. The downside is that it focuses more on the United States’ ecommerce platforms, but if you’re a frequent eBay or Amazon shopper, Price.com can find you the cheapest option. It also works on Instagram, so if you’re looking to find something you saw on Instagram, Price.com can help.
3. ShopBack Cashback Button
ShopBack gives you cashback on your purchases, but there’s just one problem we face — we could forget to click through ShopBack for our cut of the pie. With the ShopBack Cashback Button, there’s no need to worry about forgetting about your cashback. This Chrome and Firefox extension will remind you when you’re on a website if you’d like to get some of your money back. Best part is it works on websites like Taobao (so you can start preparing for 11.11 Singles Day) and Airbnb so you could travel for even cheaper.
Related: 5 Must-Have Home Appliances That Save Time And Money
4. RateX
RateX is great for if you want to know how much something costs in a foreign currency. You could even pay with RateX for comparable exchange rates, especially if you want to shop in a website’s currency to make things cheaper for yourself. It’s especially useful for shopping on websites like Amazon, eBay, and Groupon.
5. Smart Price Monitor
Smart Price Monitor is especially useful for waiting for that price drop. If you frequent any marketplace or travel booking sites, the most infuriating thing is to get at a higher price and then have it drop right before your eyes. Never live that situation again with this Chrome extension because it’ll monitor price drops for you.
Related: How to Cut Down Expenses While Living in a Big City
Shopping online made easier with Chrome extensions
So if you always shop on your phone and never on your desktop, it’s time to consider a change. All of these browser extensions serve to make online shopping so much easier, and the best part is they’re all free to use.
This article was written by Georgia Ho. You can check out more of her writing at georgiaho.com
Want more tips like this? Check out this next article on apps you can use to organize your day better!
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9 Free Smartphone Apps That Can Help You In Your Daily Life
- By CompareHero.my
- November 17, 2021
A smartphone can do wonders for your productivity and enhance your lifestyle. With access to high-quality broadband connection, you can be unstoppable. An endless selection of apps are available at your fingertips and with them, you can customise your smartphone to perform all kinds of unique functions to aid your everyday routine.
By downloading the right selection of apps, you can make your smartphone do all kinds of clever but helpful tricks. On that note, here are some free apps that can make your daily life easier:
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1. SleepScore
Having trouble keeping a regular bedtime? SleepScore is great for tracking your sleeping patterns and other factors that affect it, like stress and caffeine consumption. Still having trouble getting up in the morning? iCukoo is a unique alarm clock app that donates to a charity of your choice whenever you hit that Snooze button. Whoever thought hitting Snooze can actually provide an opportunity for you to help other people?
2. Mint
Here at CompareHero.my, we can’t stress enough how important it is to control your daily spending. One of the best personal finance apps out there today is Mint which allow you to track your budget in real time using your phone. Stay on top of your monthly bills and credit card transactions no matter where you are.
Related: 10 Free Budgeting Apps That Can Help Track Your Expenses
3. Microsoft To Do
Too much going on and finding it hard to stop on top of things? With Microsoft To Do, you can organize all your daily tasks in one place so you can prioritise what to do first. You can use it for anything; work, shopping, personal reminders—you name it. It’s cloud-based so it you can sync it across all your devices.
4. Homey
Struggling to get your kids to help around the house? Try treating chores like a game! Homey is an app that encourages your kids to do more chores by rewarding them with points and achievements. This also lets you be more creative about how you teach the virtues of discipline and a hard day’s work.
Related: How to Raise Financially Responsible Children
5. Google Lens
This one’s undisputedly one of the most helpful apps out there. See something you like in front of you but don’t know where to get it online? Just snap a picture of the item and you can see where to find it, or even items similar to it. Not sure what the item is in the first place? Google Lens will be able to tell you all about it. You can also use this app to to translate text that’s in an image.
6. Evernote
Whether you’re at school or in the office, your smartphone can change the way you take notes forever. An app like Evernote pairs efficient note-taking software with cloud storage, letting you keep all the knowledge you need on hand. Shifting to a completely paperless lifestyle has never been easier. An alternative to this is Google Keep.
7. Duolingo
Learning a new language is fun, and it doesn’t have to be difficult at all. With Duolingo, you can take up simple lessons on hundreds of languages at your own convenience. Over time, you’ll be able to hold basic conversations in foreign languages. Might just come in handy for your next overseas trip!
8. Kayak
Want a more convenient way to plan your itinerary? A growing list of dedicated travel apps can simplify how you fly. Kayak helps you manage almost everything related to your trip, from plane tickets to hotel accommodations. There’s also GateGuru that provides convenient alerts so that you never miss your flight again.
9. QuizUp
Instead of downloading yet another online game, why not use your free time to expand your knowledge? QuizUp is a fun and addictive way to get your trivia fix, and there’s also 7 Little Words lets you stretch your vocabulary muscles. It’s a great way to exercise your brain and brush up on your general knowledge/language skills!
Excited to learn something new during your free time? Why not take up a free course online? Click the link below for more information!
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CIMB Business Current Account-i—A Complete Banking Account For Malaysian Businesses
- By CompareHero.my
- November 15, 2021
Ever come across different types of bank accounts—savings, current, fixed deposit, etc.—and wondered what they’re for? There are actually 4 main types of banking accounts in Malaysia, and each serves a very different purpose. You can read all about these accounts below.
Related: You Can Have 4 Types of Bank Accounts in Malaysia, But What’s Right For You?
Let’s focus on current accounts for now. A current account has many other names such as a transaction account or a checking account. These accounts are more suitable for businessmen compared to a regular savings account which has a lot more limitations. For one, current accounts are better for businesses that have multiple transactions taking place everyday.
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Say hello to CIMB’s Business Current Account-i!
CIMB Bank has several types of current accounts catered to various customers. Their Business Current Account-i (BizCA-i) as the name suggests, is targeted to business owners in Malaysia. So if you fall under this category, this one’s for you. But what’s so special about BizCA-i?
For starters, you can open an account just about anywhere. You won’t have to physically walk into a CIMB branch as you can do this online at your own convenience. However, if you do decide to sign up at a physical branch instead, you’ll be able to get your account number within the same day.
Want to track and manage your business transactions easily? When you sign up for BizCA-i, you get complimentary statements each month.
You’ll also get access to BizChannel@CIMB which is a one-stop solution for businesses to handle fund transfers, bill payments, online account enquiries and much more. Read on to find out how this works.
Enjoy all the perks of BizChannel@CIMB
BizChannel@CIMB was created with the goal of simplifying a business’ transactions and payments and collating them in one place. Besides this, you’ll also be able to book foreign exchange contracts easily and lock your desired foreign exchange rates without a hassle. If you’re a business owner who trades internationally frequently, this is something you’d appreciate.
Related: Having Trouble Handling Foreign Exchange Payments? Apply for BizChannel@CIMB Today!
Sign up today and get the best of both worlds
So far, we’ve told you about the respective perks of BizCA-i and BizChannel@CIMB. Now what’s even better is that if you sign up for both of these from now up until October 2022, you’ll be eligible for more benefits than those mentioned above.
First off, you’ll get exclusive monthly hibah for the first 6 months after signing up. You will also have the opportunity to be rewarded up to 0.70% p.a. returns on your account-i balance.
Secondly, you’ll get a 6 months BizChannel@CIMB subscription & transaction fee rebate. The BizChannel@CIMB fee is usually RM20 a year and transaction fees aren’t always low, so this deal is quite a steal.
Another perk is that you’ll get an auto upgrade to your foreign exchange preferential rate. Again, if you’re someone who trades internationally often, this is something you’ll fancy.
Interested to sign up for this already? Here are just a couple of things to take note of:
- This promo is open to new business banking and SME banking customers only. Those with existing accounts will not qualify.
- The rewards stated above are only for the Islamic Business Current Account and not the Conventional Business Current Account
- In order to get these rewards, you must sign up for BizCA-i and CIMB@BizChannel before 31st October 2022
Ready to sign up now? Just click this link!
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7 Affordable & Budget-Friendly Glamping Spots in Malaysia
- By CompareHero.my
- November 12, 2021
As many of us were cooped up at home since last year, lots of people are now planning getaways where they can just enjoy nature.
Related: 5 Tourist Attractions in Malaysia That Are Having Discounts & Promos
Camping outdoors is one way this can be done but now, ‘glamping’ or glamorous camping has become a favourite.
Glamping allows people to relax outdoors while staying in some very pretty spaces instead of in traditional tents. So if you’re thinking of glamping anytime soon, here are some popular yet budget-friendly spots you can go to.
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1. Glamz at Genting, Pahang
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Situated in Genting Highlands, Glamz also doubles as an event venue besides just being a glamping spot. If you want to glamp here, you can choose between 3 types of dome rooms or a bell tent. There’s also the option of booking a barbecue pit. Your room will come with breakfast, but you can also omit this if you like.
Enjoy a meal with your favourite people while stargazing. Sounds good? We think so too!
If you’d like to take a 360 virtual tour of the whole place before making a booking, click here.
Price: Upwards of RM200 (at the time of writing)
2. Dusun Bonda, Selangor
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Literally meaning ‘Mother’s Orchard’, Dusun Bonda is located in a fruit orchard in Batang Kali. In this spot, you have the option of going with either a studio villa with a riverview or a bell tent. For the bell tent, you can select one with a riverview, by the poolside or by the hillside. All of these come with breakfast, which will be served from 7:30-11am.
There’s a waterfall within the area which you can trek to with a guide, but please note that there will be an extra charge for this.
Dusun Bonda is also just 1km away from another tourist attraction, the Hulu Tamu Hot Springs.
There are no housekeeping services here, but you can ask for cleaning supplies if you’d like to tidy up the place during your stay.
Price: RM350-RM800
3. Time Capsule Retreat, Pahang
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Despite being one of the more popular glamping spots, Time Capsule Retreat also happens to be one of the cheapest.
It’s right beside Sungai Lembing, so you’re in for a real visual treat if you decide to stay here. Each capsule has its own shower area, but if you want to use a microwave or fridge, you’ll need to go to the shared kitchen area.
While Dusun Bonda does not have housekeeping as well as WiFi, Time Capsule provides both of these. There’s also a garden on the site that you can relax in. Some of the capsules face the garden while there are some that give you a view of the jungle.
Price: RM99-RM398
4. Sea Horizon Resort, Johor
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Similar to Glamz at Genting, Sea Horizon Resort also has domes for you to glamp in. The only difference is that here, you’ll get a view of the seaside instead of the jungle. The resort is actually located on a cliffside in a fishing village, and thus far it’s the only cliffside glamping spot in Malaysia.
Sea Horizon Resort also has normal rooms besides the glamping domes or suites, and all of these come with breakfast.
If you’re looking for something more to do, there’s a 250 million-year “Dinosaur Trail” rock formation just around the corner. You can also join the keropok lekor making workshop or cycle to the fishing village nearby,
Price: RM150-RM800
5. Gopeng Glamping Park, Perak
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This spot has many glamping tents so you can expect a bit more crowd. At the same time, there are a lot more amenities here compared to some of the other places. It has a shuttle service, a 24-hour front desk, a concierge and tour desk as well as flexible check-in and check-out.
You can also enjoy some family entertainment with the Fire Show, Karaoke Set and traditional board games. Besides these, there’s a barbecue pit you can rent as well as kitchen facilities.
Price: RM158-RM408 on weekdays. Click here for weekend rates.
6. Umea Glam Kundasang, Sabah
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The Land Below The Wind also has a glamping area with breathtaking views. Tucked away high up in the greenery of Kundasang, you’ll get to see trees and clouds all around you. It’s also said to be a great place for stargazing at night, which you can easily do from your glamping dome.
There are 4 domes here and each is named after a city in Sweden. The styling within the domes is also very Nordic, so if you want something Instagrammable, this is your place! If you’d like to visit some attractions nearby there’s the Kundasang Farmers’ Market and Desa Dairy Cattle Farm.
Related: 8 Things You Might Not Have Known About Sabah & Sarawak
Price: RM250-RM280
7. The Sticks, Selangor
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This one’s different from the rest, as it’s a lot more rustic-looking. The Sticks is located one hour away from Kuala Lumpur and it has 12 houses in total.
For smaller groups, you can select from one of the Serene Tandoks: The Bamboo House, The Serengeti Tent or the Riverside Tendok. If you’re going with more people, you can get one of the Family Rooms instead: The Ara, The Euca, The Nest, The Little Pitta, The Opera House or The Singing Shama.
There are also day-trip packages you can take that start at RM85.
Price: Starts from RM500
Please note that not all of these places may have Wi-Fi, so do ensure that you have sufficient mobile data when travelling. As Covid-19 is still around, please be mindful of any rules/regulations set in place and double check with the venue before heading there.
Ready to travel and make some memories with your loved ones? Make sure you have travel insurance so you can enjoy your trip with some peace of mind. Click the link below for some great insurance deals!
