Do you need agent in digital world?

Do you need agent in digital world?

In this digital internet world, we can find insurance information on the internet with a button. Do you require an insurance agent in the digital age? Many people may believe otherwise. The public painted too many negative images of earlier insurance agents.
I vividly recall a joke during my first year of marketing insurance training.

Our local chief (OCPD) and his deputy are always on duty during office hours. They have no fear of anyone, including the mafia, gangster directors, drug lords, and money launderers.

“Sir, a gentleman named Mr Ricky would like to see you shortly.” He’s making his way up the building.”

“Is he an insurance agent wearing spectacles and a stylish tie?” The OCPD inquired.

“Sir, yes.”

“On My God, tell him I’m not around,” he hurriedly left the office as if a tsunami was about to sweep away his office.

“My boss, Mr Ricky, has left the office and will not return until tomorrow.” Would you like to leave a message?

“Good morning, Mr OCPD; would you like a coffee with me?” Mr Ricky cornered him at the back door.

What is the punchline to this joke?

Do you need agent in digital world?
Do you need agent in digital world?

Do you need agent in digital world?

Agents are only interested in my money.

We often envision those slimy snack oil salesmen from old movies when we think of insurance agents. Initial contact with insurance agents would result in selling as many policies as possible to SUCK YOUR MONEY. They will become an invisible agent until the following year’s renewal date.

The agent is known as the money Face by the general public. However, that agent is here to assist you in selecting the best policy for you. We are not God, and we cannot predict what will happen to our family and ourselves. As in the case of the 2004 tsunami, even though we have cutting-edge technology to monitor daily volcano activity, tragedies still occur.

You may have encountered an agent who is only interested in your money. I apologise on behalf of our industry for their ignorance and selfishness. Agents assist you in making the best decision on a service that you were already planning to purchase. Give agents a chance and interview others to ensure that you get the best deal for yourself.

Do you need agent in digital world?
Do you need agent in digital world?

Do you need agent in digital world?

It is less expensive to buy online or directly from the insurance company.

The commission paid to an agent has no bearing on an insurer’s quote. It won’t matter if you go through an agent or directly to the company. However, purchasing from an insurance agent or broker. May provide you with significant savings that others do not offer.

The insurance agents and insurance brokers are not the same; the public gets them mixed up and confused.

An insurance agent acting on behalf of the insurance company. They follow the strictly the guide rule and regulations. Becoming an insurance agent is very easy; you finish secondary and then sit for the three hours computerised objectives.

Do you need agent in digital world?

In the case of an insurance broker, a pass in all the 12 Chartered papers from the U.K. (Chartered Insurance Institute) associated papers written examination is the essential requirement to qualify as a broker.

They need to obtain a Central Bank license with a no-interest deposit of half a million.

They customised your policy with their quotation without any reference to the insurer. In addition, insert their clause that tailors for your need.

Insurance brokers don’t handle the small or personalised cases, only the mega risk with a completed package. They collect a single premium with a minimum range from five digits to 7 or 8 numbers.

Do you need agent in digital world?

Call the agent and ask for a quote. It saves you time from calling various insurance companies. The only way for you to find out is to get a quote.

Buying direct will allow me to avoid the middleman and save time.

Nobody wants to deal with an intermediary these days. It’s difficult to call an agent for a quote when you don’t know how long it will take.

Request a quote online. You’re getting a lot of questions during your office hours. It disrupts your workflow. Your immediate supervisor will give you a disapproving look. It would be advantageous if you still had an agent for two reasons:

Do you need agent in digital world? 1

Do you need agent in digital world?

1.) The agent will call up the insurers to sort out the best quote from various insurers for you, saving you time by not calling so many insurers. The best time to meet It would be best if you met with the agent after work or in the comfort of your own home.

2.) If problems arise or a claim is filed, the agent can assist you. It saves you time from waiting on hold for long periods and being passed from person to person to get your questions answered.

I don’t need an agent’s advice because I know what I’m doing.

An agent can offer you more than just quotes. Even with all the online research, each individual’s situation requires a personal examination to arrive at a final reasonable decision. They have a comparable home, family size, and vehicle to your next door neighbor but have utterly different insurance requirements.

An agent will assist you in selecting the best plan for you and avoiding unnecessary policies (yes, you can purchase extreme policies).

I, too, worked for an insurer for six years. The insurance industry is constantly changing due to new regulations and rules. As a result, all agents must attend 30 hours of mandatory yearly training to stay updated on the most recent new amendment act. They believe having an agent on-site would benefit the insured.

Do you need agent in digital world?
Do you need agent in digital world?
Do you need agent in digital world?

I believe that all people at least have a car policy; what is the meaning of “all riders” in the car policy? What is the definition of compulsory excess? Have you insured your car on the market or agreed value?

What is the difference between theft or full theft policy, house owner or householder policy, or even fire insurance?

You can deal directly instead of going through an agent, but why not have someone on your side who can help you make the best decisions, save you money, provide you with tools, and is free?

Whether you deal directly with the insurer or an agent, the option is yours.

Your Views
As always, please leave any ideas or questions in the comments area below.

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 the admission. What shall you do?

Cashless hospitalization aims to avoid such situations. The insurer pays the hospital directly, based on the annual limit.

Do you need cashless admission medical insurance?

a cashless hospitalization

Do you need cashless admission medical insurance?
Do you need cashless admission medical insurance?

Companies partner with hospitals after analyzing their medical services. These facilities are part of the cashless network, so you don’t have to pay to use them. The insurance company uses third-party administrators (TPA) to deliver to the hospital directly.

Cashless hospitalization did in two ways:

Inpatient stay

If you can’t plan and determine the network hospitals, check your policy document or call the toll-free number. Here are the steps to take.

• Get a pre-authorization form from the hospital insurance desk or download it from the TPA website. Both the patient and the doctor must sign the form.

• Submit the completed form submitted to the insurance desk for verification.

• The TPA then approves the form.

• An authorization is then sent with the sanctioned amount.

Emergency hospitalisation

If you an admission urgently, follow these steps:

• Show your HEALTH INSURANCE card with your policy number and coverage details.

• Fill out the authorization form available at the insurance desk.

• If you can’t wait for TPA approval, you can pay the hospital bill and later claim reimbursement.

Do you need cashless admission medical insurance?

Now let’s look at cashless hospitalization.

• Keep in mind that this service is only available to the panel hospitals. To find cashless hospitals in your city, visit the insurer’s website.

• Planned claims require advance notification. It includes pre-and post-hospitalization expenses.

Do you need cashless admission medical insurance?
Do you need cashless admission medical insurance?

• Notify the insurance company of emergency hospitalization within the maximum time frame. The policy document will contain this information.

A cashless hospitalization

• If hospitalized, you don’t have to worry about finances, which is a relief.

• Knowing you are adequately covered ensures you receive the best medical care.

To avoid unpleasant surprises, read the terms and conditions and understand the inclusions and exclusions of cashless hospitalization insurance. Keep copies of all bills, reports, claim forms, and discharge papers if you need them later.

Do you need cashless admission medical insurance?

The Value of Cashless Health Insurance

People are often cash strapped due to rising medical costs and crises like the current pandemic and cannot always afford medical expenses. As a result, cashless health insurance is a big help because you can get treatment without immediate cash access. You must go to one of your health insurance provider’s network hospitals to receive treatment.

It will give you peace of mind and reduce unnecessary stress. It save you time and energy when settling your claim with the insurance company.

Do you need cashless admission medical insurance?

Cashless vs Reimbursement Claims

The policyholder either pays a monthly or yearly premium to cover the family members’ medical expenses covered by the policy. The reimbursement process can be cashless or through reimbursement claims. So, here’s the difference:


The cashless feature of the health insurance policy means the policyholder does not have to pay upfront for hospital treatment. In such cases, the insurance company and the hospital settle the bills without the policyholder having to pay cash.

Payment claims

The policyholder must first pay the hospital in cash for reimbursement claims and then apply for reimbursement with the insurance company. So, the policyholder pays the hospital first, then the insurer. The reimbursement option is used for treatments not received in a network hospital.

Do you need cashless admission medical insurance?
Do you need cashless admission medical insurance?
Do you need cashless admission medical insurance?

Two scenarios with medical insurance
In the olden day, there wasn’t any cashless admission medical insurance. One of my relatives suffered so much to save his father’s life. He sold 16 acres of matured oil palm land at a discount rate.
A wealthy heartless buyer slashes his selling price twice a week, aware of his predicament. With one hundred thousand dollars, they flew off to Chennai for his father’s kidney transplant. Luckily, it was a successful operation, and he lived until he was 78.

Probe this hardship they have undergone. Was it not painful to dispose of the land at a discount price?

A dog lover woman bred a German shepherd at her big bungalow compound in another case.
After her husband’s dismissal, she grieved so much that later she too suffered a pancreas cancer in April.

Even though she had brought her cashless medical insurance for only forty thousand for one admission, it was insufficient for a single operation.

Pancreas cancer is a long-term illness, the forty thousand soon exhausted, with only Hudson’s choice left for her business owner’s son.
To save her mother’s life, he re-mortgaged his residence to the bank for one hundred thousand dollars.

Do you need cashless admission medical insurance?
Do you need cashless admission medical insurance?

When one person is dying, the family members listen to those so-called quack doctors for all kinds of expensive Chinese herbs to boost her immune system, besides the usual chemotherapy.

In July month, I paid her a visit to her home. Hardly I could recognize her. A frame of 65 Kg dramatically dropped to 40 kg in 3 months. With her emaciated body and a pair of hollow eyes on a skeleton body, she could hardly have the energy to swallow that semi-fluid food.

I received terrible news from her son in October of the same year that she passed away in the government hospital as her son had used up altogether two hundred thousand dollars since April.

Two hundred forty thousand could not save her life. Do you realize how skyrocketing medical costs are nowadays?

Do you need cashless admission medical insurance?

Now is the time to have a cashless admission medical policy. Review your existing policy, and it suffices to cover the primary operation. If it is inadequate, please buy a supplement policy to have a lesser exclusion endorsement in your policy.
Do not listen to those unscrupulous insurance agents to surrender the policy. Your health is not the same as five years, assuming you purchased a policy then.

Also, a soft reminder, check your policy for the annual limit and whole life limitation of the sum insured. Is it coverage up to 80 or, even better, 100 years old? As with improving medical health care, our life span lasts longer than our fore-parents.

Your Views
As always, please leave any ideas or questions in the comments area below.

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 choose not to submit a claim, there are many procedures you must complete for compensation from your insurer. This post will explain how to file a claim for fallen tree damage to your property.

A tree falls on your house or another insured property. Like a detached garage, your basic homeowner’s policy covers the building and the contents.

8 tips for claiming fallen trees damage to your property

 Do you have photos?

8 tips for claiming fallen trees damage to your property
8 tips for claiming fallen trees damage to your property

Claiming for tree damage isn’t always easy, especially if you don’t have images of the damage. Before filing any compensation claim because of a fallen tree, ensure you have pictures of your vehicle and any property damage. Recording video or audio of a storm or other natural disaster can aid in rare circumstances. Having suitable proof can help you negotiate with insurance companies and other parties engaged in these types of claims.

Contact your insurer right away.

First, inform your insurer about the damage. After that, they’ll send a claims adjuster to look over your automobile and belongings. They’ll usually tell you to photograph everything. For injuries that require immediate care, or if your claim is not for car-related damages, you may need prompt medical attention. Call 911 immediately; waiting could cause costly medical bills later.

8 tips for claiming fallen trees damage to your property

Prove it was due to weather

8 tips for claiming fallen trees damage to your property 2

We all know that the weather can be unpredictable. But can you sue if a tree fell on your land, damaging your car or home? Yes! How to do it: First, clear the debris and make sure it’s not on fire. Inspect your house, car, and driveway for cracks and dents. Get a repair quote from a contractor. Call your insurer to report on the incident now that you have everything. Please keep copies of everything in case they dispute your claim.

Get good legal advice.

Get legal guidance while a fallen tree can damage your car and property. If your insurer denies liability, you have options, but they are risky. It would help if you had legal help to file a claim for fallen tree damage with your insurer or whoever handles cleanup. Consult a lawyer about the costs, success rates, and potential compensation. Then decide what you want to do next.

8 tips for claiming fallen trees damage to your property

What if I don’t want to?

8 tips for claiming fallen trees damage to your property
8 tips for claiming fallen trees damage to your property

It may seem pointless, but you can’t claim unless you try. You can find information on filing a claim for fallen tree damage on insurance company websites and online. Call your local council or police station for help if everything else fails. If you provide incorrect information, the insurer can reject your claim. You may believe that you must prove fault or another party’s involvement to claim for tree damage.

When a tree falls, it isn’t necessarily the fault of others. If you don’t have insurance, you may still get compensation from your insurer for taking precautions against storms or falling branches.

8 tips for claiming fallen trees damage to your property

Seek expert advice

8 tips for claiming fallen trees damage to your property
8 tips for claiming fallen trees damage to your property

It’s disheartening to think of all your hard-earned money going towards repairs. What’s more distressing is not knowing what to do about it. To get your car back on track, you need to file a claim for damages. When dealing with insurance providers, always seek professional help. If something goes wrong, having your claim in writing with accurate details of damaged items will save you time, energy, and money. It helps you if you decide to sue for damages.

Consumers struggle with this area, and even some claims specialists are stumped. It’s critical to understand your insurer’s terminology for tree branches and fallen trees. Is there any cover for the stems and debris? Deny a claim if it does not expressly include these items. The easiest method to know is to ask your agent directly for detailed coverage. If they say yes, make a claim; if they say no, ask why not.

8 tips for claiming fallen trees damage to your property


Under this policy, the Company agrees to cover loss or damage to the property stated in the Schedule, including the walls, gates, and fences surrounding it.

Any object immediately resulting from damage caused by fallen trees or branches or by such damage, provided that the first RM250.00

It is the Insured’s responsibility to pay any claim under this endorsement.

The policy’s terms and conditions apply as if incorporated. Any loss or damage is presumed to be caused by fire for this section.

 All other terms and conditions apply.

 You’re covered by whoever owns the tree.

 If a tree falls on your house, file an insurance claim.

Trees, shrubs, and branches can become projectiles after a hurricane or windstorm, causing extensive property damage. In most circumstances, an insurance provider will not investigate the origin of a tree or branch.

 If the tree falls on a neighbor’s property, your insurer may try to collect from their insurer through subrogation. If this happens and your insurance wins, you may be entitled to a deductible return.

 Keep your trees healthy and ready for winter and storms to mitigate damage. Remember, home insurance has no coverage for lack of care of the tree.

 Your coverage may cover tree removal.

When a tree falls on an insured property, the homeowner policy covers the cost of removing the tree, which can range from $500 to $1,000 depending on the insurer and the policy selected

 Debris removal usually is not covered unless the tree falls on an insured structure. However, if the tree is blocking a driveway or a disabled ramp, certain insurance carriers may cover the expense of removal.

 The value of mature trees and landscaping might be expensive to replace. Basic home insurance plans cover fire, lightning, explosion, theft, aircraft, non-resident cars, vandalism, and malicious damage to trees and plants.

 Most insurers cap coverage for a single tree, shrub, or plant at 5% of the structure’s insurance.

 Commercially cultivated trees and plants (such shrubs for sale) require separate company insurance coverage.

 To avoid damage from your trees, keep them healthy and ready for winter and storms—no cover for poor tree care by homeowner’s insurance.

 Restricts to 5% of the structure insurance policy, with most insurers capping coverage at one tree, shrub, or plant.

 Cultivated trees and plants (like shrubs) require separate company insurance coverage.

 Steps to take: Consider your trees while calculating your homeowner’s insurance sum insured.

Your Views
As always, please leave any ideas or questions in the comments area below.