What is Insurance ?

Thinking-Women-Asian

Before you reject a proposal from an Insurance agent please ask yourself this few question.

If I am admitted in the hospital due to critical illness , who can give me instantly rm200k?

If serious accident happen to me, who will help and take care of my family, put food on the   table, pay the car loan, house loan and my children education ? If I am out of the hospital and I can not continue to work, who can give me rm500k for my family daily expenses until I am fully recovered and able to work?

Of course there are those who is very wealthy, those who are cash rich and have a lot of asset. Before you reject an insurance proposal please ask yourself these questions.

What happens when you fall ill ?

If critical illness happens to you, and you seek the best treatment you can find, do you prefer to take money from your bank, sell of your asset, reduce your net worth or let some one else pay for your medical and recovery bill ?  Bill Gates once said “Medical insurance has the best leverage, you pay a small sum of money and get a huge protection instantly”

If accident happen to me and I am not more around, will me wife, my children, my parents and my sibling fight over my asset and end up suing each other in the court ?

When some one propose you an insurance policy you rejected it , but when critical illness and death comes knocking at your door, who can you turn to ? Your spouse ? Your children ?

Once a wealth planner proposed an insurance policy to Dale Carnegie he rejected and say “ the premium is expensive”. Then the wealth planner says” Base on my experience, most of the im people will say the premium is expensive, but I never heard widow’s who lost their husbands complaint the premium is expensive” Dale Carnegie took up the policy once the understand the meaning behind it. He clearly understand that although insurance policies could no change his life, but it can prevent his and his family future from being change due to unforeseen circumstances.   

No matter you are rich or poor, what car you drive, which city you stay in, how big is your house,

how many times you exercise a week, accident is prone to happen. It can happen anywhere, anytime. You can not prevent it, but you can greatly reduce the financial damage being done to you and your family .

Everyone needs insurance, for the poor it is life saving, for the middle income group it is proper financial planning , for the rich is the best way to secure your wealth.

Prudential BSN Takaful

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Prudential BSN Takaful Berhad (diketahui secara meluas dalam industri sebagai PruBSN) adalah salah satu pengendali takaful terkemuka di Malaysia yang telah ditubuhkan pada tahun 2006 dan merupakan usaha sama antara Bank Simpanan Nasional dan Prudential Sdn Bhd, di mana mereka masing-masing berkongsi kepentingan sebanyak 51 dan 49 peratus. Ia merupakan sebuah syarikat takaful (sistem pembayaran balik secara kerjasama dalam hal yang melibatkan kerugian, ia dibayar kepada individu atau syarikat yang terlibat dalam risiko ini, kemudiannya mereka perlu membayar ganti rugi dengan mengeluarkan sedikit sumbangan secara tetap yang dikendalikan oleh pihak yang mengendalikan takaful dan ini dilakukan setelah dipersetujui oleh individu atau syarikat terbabit) khusus untuk keluarga dan orang ramai di Malaysia.

asiatop

Usaha sama baru ini juga menawarkan pelbagai simpanan takaful, perlindungan, dan produk pelaburan yang telah dimajukan dengan kehendak unik daripada Bumiputra (Melayu Islam) yang terdiri 60% jumlah penduduk di Malaysia.  PruBSN merupakan pasaran yang terkemuka dari 2011 hingga 2014 mengikut Perkhidmatan Insurans di Malaysia. Selain itu, PruBSN telah dipilih sebagai ‘Pengendali Takaful Terbaik’ di Asia oleh syarikat penerbitan antarabangsa iaitu CPI Financial dan telah menjadi naib juara bagi anugerah ‘Pusat Perhubungan Baru Terbaik’ daripada Pengurusan Perhubungan Pelanggan dan Persatuan Pusat Perhubungan Malaysia. Pada tahun 2015, ia telah memenangi pelbagai anugerah yang lain termasuklah ‘Institusi Takaful Terbaik’ oleh The Asset.

PruBSN mempunyai 12,000 tenaga agensi dan ia berpasangan dengan Standard Chartered Saadiq, Bank Islam Affin, dan Kuwait Finance House di Malaysia untuk mengedarkan produk mereka. Pada tahun 2013, ia bermula meningkatkan penggunaan peranti wayarles seperti telefon pintar dan tablet bagi tujuan penjualan produk mereka dengan serta-merta melalui debit dan kad kredit. Pada April 2015, lebih daripada 50 peratus jualan telah dilakukan di atas platform mudah alih.

Pelan Kesihatan Takaful

Pelan kesihatan takaful oleh Prudential BSN Takaful (PruBSN) adalah pelan kesihatan pertama bagi industri takaful di Malaysia yang mempunyai No Claim Bonus (NCB). Pelan ini menyediakan liputan kesihatan dan hospital yang menyeluruh sehingga umur 80 tahun serta mempunyai lingkungan tuntutan jangka hayat yang tinggi dalam industri iaitu 10 kali daripada lingkungan tahunan pelan yang dipilih. Di samping itu, pelan kesihatan takaful ini juga membayar pelanggannya untuk kekal sihat melalui ciri baru NCBnya sebanyak RM500 setahun yang bergantung pada pakej yang dipilih dan ini membuatkan pelan ini berbeza daripada pelan kesihatan yang lain. Ia juga bermakna bahawa pemegang polisi yang tidak membuat sebarang tuntutan berhak menerima wang daripada NCB.

flyers

Kad Pelan Kesihatan Takaful

Kad Pelan Kesihatan Prudential BSN Takaful menawarkan pelbagai polisi untuk mereka yang memohon antaranya termasuklah (1) kad kesihatan yang merangkumi bil bayaran wad kesihatan dan hospital di hospital swasta, (2) simpanan, (3) insurans nyawa, (4) kehilangan upaya, dan (5) penyakit kritis. Kad pelan kesihatan ini juga menawarkan kad pelan kesihatan premium yang memerlukan pemohon membayar RM300 sebulan bagi mendapatkan elaun wad harian sebanyak RM100 hingga RM200 semasa dalam wad kesihatan. Walau bagaimanapun, pemohon dengan kad pelan kesihatan di bawah nilai RM300 masih boleh meningkatkan pelan mereka pada bila-bila masa saja.

Di samping itu, kad pelan kesihatan Prudential BSN Takaful mempunyai tabung amal antara RM600,000 hingga RM4,000,000 seumur hidup yang bergantung pada polisi yang dipilih oleh pemohon. Secara tidak lansung, tabung amal ini tidak akan menggunakan simpanan pemohon semasa pemohon dirawat di wad kesihatan atau hospital.

Cara Membuat Tuntutan

Prudential BSN Takaful telah menolong pemohon membuat tuntutan dengan mudah melalui beberapa cara seperti berikut:

  1. Langkah pertama yang harus dilakukan pemohon adalah memberitahu Prudential BSN Takaful mengenai peristiwa itu secepat yang mungkin bagi mendapatkan laporan tuntutan. Pemohon juga boleh menghubungi Prudential BSN Takaful di laman sesawang ini
  2. Terdapat dua borang tuntutan yang harus diisi oleh pemohon, satu untuk mereka dan yang lain untuk doktor yang merawat mereka
  3. Bukti adalah mustahak dalam membuat tuntutan maka pemohon perlu mendapatkan maklumat yang diperlukan daripada Prudential BSN Takaful
  4. Setelah segala borang dan maklumat telah diisikan dan disediakan oleh pemohon, mereka boleh menghantarnya ke rangkaian Prudential BSN Takaful yang berdekatan

Keyman Insurance

Good looking asian business man standing with formal suit.

If you have a successful business that is at risk of losing everything due to the loss of one or more people who play an important part in the thriving of your business, it is important to protect the lives of these people efficiently and carefully. Prudential offers a smart approach where life insurance is optimized for implementing funds to compensate a business for a loss of a key employee. Some of the next points will further help you know if the insurance plan is for you. One of them is that you may recognize yourself as a business owner with a key employee that assists the company to be successful with their unusual managerial talents and practices. This employee has developed strong rapport with clients that achieves a high percentage of the company’s profits. He or she owns skill sets that is not easily replaceable. Your business would experience a climb in expenses and a loss of revenue consequent to the demise of the key employee from disengaged client bonds, lost skills, unsteady company’s credit rating and a decrease in resources from rehiring, recruiting and training costs.

How can this work?

The business notifies the key employee the plan of insurance purchase on their life and consent is accepted from employee. A life insurance policy on the key person is bought by the business owner. The business becomes the owner, is responsible for the premium payments and beneficiary of the policy. The premiums are not considered tax deductible items. As long as the employee lives, there is a cash value policy that serves the business as capital that is available through loans or withdrawals.

The business has a choice to keep or abandon the policy upon retirement or completion of key employee’s employment or have the policy transferred to the insured-employee. The business is paid a death benefit by the policy when the employee dies. The proceeds can help the business cover expenses for recruiting, hiring, and training the employee(s) next in line. It can also assist in the business to meet other financial necessities and commitments. There are several if not many advantages to having a key person insurance for the business. A key person insurance in working helps increase credit rating of a company when suppliers and creditors have confidence in the company to overcome it’s burdens if and when a key person is lost. It can also influence a feeling of security and trust for other employees in the company to move forward and progress afterwards. The key insurance also has other secondary benefits which includes helping to fund the continuance of the key person’s salary to the spouses or other beneficiaries using the proceeds. Delayed compensation settlements can be financed unofficially using the coverage when cash value life insurance is used. Stocks belonging to departed owner can be reclaimed using the proceeds as well. With all these benefits in mind, it is well implied that Prudential’s Key Insurance is a strong consideration in strengthening the welfare of the business, employer and employees together.

Prudential Medical Card

New-PVM-card
Prudential Assurance Malaysia Berhad (PAMB) with the collaboration of Hospital Alliance Services (HAS) has created a Medical Card under the name of PRUhealth that allows its holder to receive the best medical treatment in any medical centres and affiliated hospitals of PAMB. In addition, any PAMB policyholders with the card are able to make a claim on preauthorization in their medical billing which is subjected to its term and conditions. Although, the service is accepted once the holder need hospitalization due to major injuries or critical illness, it would only been applicable to the holder with minor injuries after the fourth month of their application.

It is a good idea to own the card as it could help many peoples to save their money on any medical treatment especially when they are retired. Moreover, the people would also get at least 9% of annual return rate and numerous claims whenever they want it and at whatever cost of the treatment needed. Therefore, the card can be described as one of the good product in the market for peoples who want the medical protection and financial stability. Nevertheless, the card also comes with flaws for older applicant whom wants to request insurance from the company as it might cost both the applicant and the company a high sum of money for the treatment to be covered compare to the younger applicant.

The PRUhealth required the applicant to be in between 1 to 70 years old during application and it is expires on whether 70, 80 or 100 years old depended on the choice of the applicants. The applicants can purchased it with deductible option between RM3,000 to RM10,000 and then attached it to PRUmy child or PRUlink which is another insurance policies offered by PAMB. Also, the medical coverage of PRUhealth can further be enhanced with extra premium plan to the (1) PRUannual limit waiver, where the holders can claim their exceeding annual limit which is only for the holders with the PRUhealth plan of RM200 and above, (2) PRUmedic overseas, where the holders can opt to seek advice or medical treatment in other country particularly a surgery in Singapore, Hong Kong or China, (3) PRUmedic auto upgrade, where the holders would get their plan automatically upgraded to the next higher plan on 5th and 10th anniversary, and (4) PRUmedic retirement, where the holders with deductible option would be switched automatically to coinsurance option upon retirement at age of 55 or above.

To put it briefly, anyone whom spend a minimum of RM100 per months on the plan would receive a coverage up to RM500,000 on their lifetime insurance which make Prudential Assurance Malaysia Berhad (PAMB) one of the best insurance company in the country with a great coverage of investment, savings and protection. Whereas the Prudential Medical Card also offers them one of the widest coverage for surgery bills and hospitalization that would be paid by the company once the holder shows their card. Apart from that, the Medical Card holders will be reward with No Claim Bonus which is one of a medical plan that would give them an annual bonus of RM500 when the holders don’t make any claims for the year, thus add up their investment value or the option to withdrawn it.

Feel free to contact us if you are keen to know more about this product

What is Your Retirement Dream?

If you said “to actually RETIRE”, you are in the right intention.
No one actually wants to hit 45 years old, or 55 years old and still have to work 9-5pm or even 9-9pm.
You must be a damn workaholic if you said you do.
It is not normal, everyone wants to enjoy a serene and tranquil life surrounded by their grandsons and granddaughters.

So how to actually retire?
Here is my rough suggestion.

1. Know your retirement number. That means, identify how much do you need to survive retirement including the expenses to actually enjoy retirement life ie traveling expenses etc.

2. Identify at what age you wanna retire. 30? 50? Of course, the younger the better.

3. Find the right financial vehicle to work towards achieving your golden retirement number or target. At Prudential, we may recommend products for example PRUretirement growth or PRUretirement accummulator  & Pinjaman peribadi that will ensure to grow your retirement fund as well as to provide steady income after you retire.

Roughly, knowing your retirement number + identifying right investment vehicle will help you to actually retire, finally.

Life Insurance Comes FIRST Before Investing!

I had a great day yesterday attending a unit trust investment-linked course.
It was great to have someone as good as the trainer to refresh the knowledge, and to share some true stories and experience that’s relevant to the industry and as moral stories.
And I especially love when he said “always tell your client to buy LIFE INSURANCE FIRST before investing”
In other words, he’s telling to protect your family FIRST before anything!
It was damn right.
Damn right it is.

Someone would say, why should I get a life insurance policy?
I’m rich, maaa.
I have all the money in the world. I can buy anything, I can pay anything.
Hospitalization bill?
Kawtim. Small matter. Small hole in the pocket only.

Hold it right there, people.
Why should you pay using your hard-earned money, right from your pocket, when Prudential can take care of everything?
Why?
Do you know that our maximum medical card coverage is unlimited?

And if you’re still young, non-smoker, working in the office some more… it’s cheaper than those with higher risk, higher number of age etc.
So if you have been taking a good care of yourself, and you’re making great amount of money, investing here and there, then you’re actually already in the must-have category.
Not that I’m telling only rich people can buy life insurance.
It’s just that the richer you are, buying life insurance is actually to protect your wealth as well.
Why spend your precious RM100,000 to pay hospitalization bill, when you can just let Prudential pay that and you can spend your RM100,000 shopping or traveling overseas?

And even if you think your salary is damn small, trust me, we can work something out.

Prudential’s range of products are very wide and comprehensive.
From life insurance, to retirement plan, savings plan and even hajj/umrah plan!
Whatever your needs are, it’ll be fulfilled!
Except that if you’re already diagnosed with illnesses, then you’re chance is completely gone.
So why worry, just trust me.
Most importantly, trust Prudential!
Aren’t we the Face You Can Trust?
We’re the No. 1 insurance company in Malaysia for many reasons!
We’re 1Billion in 2010 for many, many great reasons!

Pelan Pergi Haji & Umrah dengan PruBSN Ummah

1. Jaminan Rukun Islam ke-5 Terlaksana (Badal Haji)
2. Sara Hidup Diri Sendiri
3. Ketenangan Fikiran (Peace of Mind)
4. Sara Hidup untuk Keluarga
5. Simpanan Bertambah
6. Tabung Kecemasan (Untuk Rawatan Penyakit Kritikal)
7. Pengecualian Cukai!

Perbandingan di antara Pelan Tabung Haji, Simpanan di Bank/ASB dan PruBSN Ummah

PERHATIAN:
PruBSN Ummah bukanlah pengganti bagi akaun Tabung Haji anda sekiranya anda telah memilikinya. Ia merupakan pelengkap kepadan simpanan Tabung Haji anda dengan menyediakan simpanan dan perlindungan tambahan Takaful. It’s giving you thePeace of Mind that you needed the most.

Firman Allah dalam Surah Ali Imran Ayat 97 bermaksud:
“Dan mengerjakan Haji adalah kewajipan manusia terhadap Allah iaitu bagi mereka yang mampu mengadakan perjalanan ke Baitullah”

Simpanan hanya serendah RM50 sebulan sahaja!
Juga terdapat potongan melalui Biro Angkasa.

Jadi, apa tunggu lagi?

PruBSN Ummah

Many people plan for the big things in life.
We plan for a good life and we plan for the well being of our loved ones.
In our pursuit for all these good things in life, as Muslims, we ought to also prepare for spiritual fulfillment, among others is Hajj obligation as per required by Rukun Islam.

So why PruBSN Ummah?

PruBSN Ummah is a unique plan that will assist you in your aspiration to fulfill your religious obligations. It not only protects you and equips you with future savings, but also aids you as a Muslim with its unique features such as;

1) Hajj Allowance;
2) Badal Hajj;
3) Double Indemnity; and
4) Islamic Will Writing.

As a participant, you may also be eligible to receive a loyalty bonus.

With all these privilege of benefits, we believe PruBSN Ummah will help you focus on fulfilling your spiritual obligations while making sure you are well-protected.

PruBSN Ummah. The plan that keeps you focused on higher purposes – from now till the hereafter.

A glimpse of what PruBSN Ummah can offer:

1) Hajj / Umrah benefits
2) Critical Illness benefits
3) Loyalty Bonus
4) Grow your savings
5) Financial security against your untimely passing or total permanent disability (TPD)
6) Secure the future of your loved ones

Payment can also be made through Biro Angkasa.
Credit: PruBSN Ummah product brochure

Saving with Prudential / Prudential BSN Takaful vs Saving with Banks

Let say your monthly income is RM3,000.
It is advisable by research to save at least 10-15% of your monthly income.
So that will give best case 15% x RM3,000 = RM450 of saving per month.
In one year you will save RM450 x 12 =RM5,400.
The interest gained will be very minimal at this point, so let’s just assume it’s negligible.

Say in Month-12 you are diagnosed with cancer.
Not that we want it, but this thing is not predictable.
It can happen anytime, anywhere, to anyone of us.
And as you know, treatment for cancer ain’t cheap.
It’s not 4-figure number anymore, it can be 5 to 6 figure number easily.

So now all you have is just that RM5,400 in the bank, and nothing else.
Let say the treatment will cost you RM25,000 the least.
Where else can you get the remaining RM19,600?
Lending from friends? Family? It’ll just be another tormenting loan.
Another burden to your already HUGE problem.

Let say, instead of merely saving in the bank, you chose to save with Prudential.
With that RM450, depending on your age, lifestyle, occupation, you can enjoy a lot of benefits.

I can GUARANTEE you on this.

It will not only give you the peace of mind you really need, it will also give you the best protection you can get elsewhere!
Plus savings + investment included in the plan!

And if you’re healthy throughout the year, Prudential will also reward you with Non-Claim Bonus (NCB) loan some more!

An additional saving to your account.

And even if you are wealthy, having an insurance policy will protect your wealth from being used and spent to only treating your illness.

Just let Prudential takes care of everything.

I can go on and on and on about the benefits.
Maybe next time I will share an example of an insurance plan policy.
And maybe you’ll see even better the idea of having one for your own good.
Don’t gamble too much with your future.
At least not this, your health is not something gamble-able.

Contact me for quotation or more details, please.

Don’t worry, I don’t force people, I’d just love to have the opportunity to have a one-to-one session to educate and to extend the best assistance and services I can possibly give.

Apologize for the worst case scenario used in this entry.
It’s for the best, I meant no harm.
We as an agent should avoid using this as an example, but it’s the main purpose why insurance policy is important.
It is to protect, and give you the peace of mind. BSN personal loan

Saving with Prudential is the BEST!

If you’re looking for an insurance policy / plan that includes medical card + savings + investment for your future undertakings, rest assured that I can provide you with the B.E.S.T. plan / quotation that fits your budget and your need! All I need are;

1) Name
2) Date of Birth
3) Occupation
4) Lifestyle (Smoker / Non-smoker)
5) Contact No / Email

You can sms me or leave a comment or email me your personal details as above, and I’ll in return provide you with the best quotation. Or, we might schedule an appointment outside so that you’ll be easier to ask me anything and I’ll try my very best to help.

And most importantly, I will provide you with the B.E.S.T. plan that suits your needs and budgets! I promise!

Example of a plan that I’ll provide you – personalize especially for you:

Prudential.
Always Listening. Always Understanding.

Thanking You.