Understand tour bus liability and travel insurance. There are vast differences between the types of insurance. Let’s break down the differential between tour bus liability and travel insurance. **Tour Bus Liability:** – **Coverage Scope**: Specifically covers incidents that occur on the tour bus. – **Primary Focus**: Protects the tour company against claims resulting from […]
Householders protect homes with peace of mind
Householders protect homes with peace of mind Householders protect homes with peace of mind in today’s world, we should protect our homes with peace of mind by having a householder policy. Safeguarding our homes is more important than ever. Yet, many homeowners overlook the crucial step of getting householder insurance. Recent surveys reveal a startling […]
Alert! utmost goodfaith binding 2 parties
Alert! utmost goodfaith binding 2 parties In the bustling town of Kluang, Mr. Tan, a diligent and ambitious businessman, decided to expand his ventures by purchasing three shop lots from a reputable housing developer. To finance this significant investment, he approached a local bank for a loan. The bank, recognizing the potential in Mr. Tan’s […]
Why the hack of buying Life Insurance at a young age?
Why the hack of buying life Insurance at a young age? Let’s go more in-depth with real-life examples and illustrations of why buying life insurance early is important. Here’s a detailed explanation with examples that may resonate: ### 1. **Health Advantages: Lower Premiums When You’re Young** When you’re young and healthy, insurance companies see […]
How to underwrite luxury rosewood coffins?
Luxury Rosewood Coffins: Is Spending Millions on a Burial Worth It? **The Prized Rosewood Coffin: A Tale of Luxury, Art, and Risk** In my 23 years of navigating the world of general insurance, I’ve seen my fair share of unusual cargo. But none were quite as remarkable as the day I was called to insure […]
Marine underwriter using outdated git for transporter
Marine underwriter using outdated git for transporter In the dynamic world of marine insurance, transporters face a myriad of challenges that require both strategic foresight and practical solutions. From managing sensitive product information to navigating complex insurance claims, marine underwriters play a pivotal role in safeguarding goods in transit. This blog delves into some pressing […]
1 Smart way to claim impact damage to your home by vehicle
Beware 1 setback of Mortgage Reducing Term Assurance
Beware 1 setback of Mortgage Reducing Term Assurance One alternative to mortgage-reducing term assurance (MRTA) is mortgage-level term assurance (MLTA). MLTA is a whole life insurance policy that provides coverage for the full duration of the mortgage term. Unlike MRTA, the coverage amount remains constant throughout the policy term, which may provide more financial security […]
Do you need cashless admission medical insurance?
Do you need cashless admission medical insurance? Have you ever had to rush to an ATM in the middle of the night because someone needed medical attention? Have you asked for money from friends or family? You even used up all the credit card limitations, yet the private hospital does not allow your family to […]
8 tips for claiming fallen trees damage to your property
8 tips for claiming fallen trees damage to your property Can we claim tree damage to our property? The heavy storm stroke the Selangor in December 2021, causing many trees to tumble on houses and cars. The owner of such property was at sixes and seven, not knowing what to do next. While some may […]