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21 March 2012
Motor insurance claims – under insurance A was involved in an accident but he was not at fault. His car market value at the time of the accident was RM65,000 but the sum insured is only RM50,000.
13 March 2012
Flood and Motor Insurance / Takaful Despite having to take precautions such as avoiding parking their vehicles in the lower parking levels which are susceptible to floods and avoiding the areas prone to flooding during heavy rains, vehicle owners still face the risk of rising flood waters. It may be worthwhile to ascertain if our motor insurance policies have coverage for claims for flood-related damages.
27 February 2012
Consumer Alert – Know Your New Motor Insurance Premium Most of us are affected by the recent revision of the motor insurance premium. You may estimate your motor insurance premium/ takaful contribution by using the motor premium/ contribution calculator at the following links: www.insuranceinfo.com.my and www.islamicfinanceinfo.com.my.
06 January 2012
Implementation of the New Motor Cover Framework As part of the New Motor Cover Framework (the Framework) in addressing the structural issues within the motor insurance sector, Bank Negara Malaysia is pleased to inform on the progress of enhancement measures to improve the claims settlement process and the implementation of gradual premium adjustments since its announcement on 11 March 2011.
23 December 2011
Launch of Malaysia's New Currency Series Bank Negara Malaysia is pleased to announce the introduction of Malaysia ´ s new currency series. Launched by the Prime Minister of Malaysia, YAB Dato ´ Sri Mohd Najib Tun Haji Abdul Razak, the new currency series comprised newly designed banknotes and coins. The banknotes issued are in the denominations of RM1, RM5, RM10, RM20 and RM100.
02 February 2012
Making it hard for claimants It is not enough to be genuinely and critically ill to get your insurance claims approved, as many people have found out. The criteria that insurance companies set are strict and technical and, according to aggrieved policyholders, difficult to understand.
27 January 2012
Hundreds of true-life trials of the insured Disputes over health insurance claims are fairly common, judging by the number of cases handled by the Financial Mediation Bureau.
13 December 2011
LIAM on Insurance policy CI plans are not just privy to LIAM member companies as they are also sold by general insurers and takaful operators.
21 March 2012
Motor insurance claims – under insurance A was involved in an accident but he was not at fault. His car market value at the time of the accident was RM65,000 but the sum insured is only RM50,000.
13 March 2012
Flood and Motor Insurance / Takaful Despite having to take precautions such as avoiding parking their vehicles in the lower parking levels which are susceptible to floods and avoiding the areas prone to flooding during heavy rains, vehicle owners still face the risk of rising flood waters. It may be worthwhile to ascertain if our motor insurance policies have coverage for claims for flood-related damages.
27 February 2012
Consumer Alert – Know Your New Motor Insurance Premium Most of us are affected by the recent revision of the motor insurance premium. You may estimate your motor insurance premium/ takaful contribution by using the motor premium/ contribution calculator at the following links: www.insuranceinfo.com.my and www.islamicfinanceinfo.com.my.
Visit our tips section for a list of pointers on how to deal with various common issues relating to insurance and takaful products and services as well as other useful advice on insurance and takaful.
