Insurance Claims Part 1 – Process you should know

Summary of this video Insurance claim & payout from insurer’s perspective Type of insurance claims Process flow for insurance claims Claims outcomes – not every claim is the same! Major claim vs minor claim – examples & the Difference x x x x x x x x x x x x x x x x…

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Can Insurance Savings Plan really beat putting money into Fixed Deposit?

Summary of this video The pros and cons of a savings plan (aka endowment policy) How Savings Plans are structured – The protection part, the guaranteed surrender value part and non-guaranteed investment part How to read the Benefit Illustration schedule from your policy or quotation How to properly use a time-value-of-money calculator to evaluate a…

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Which medic cards have separate outpatient limit for kidney and cancer?

Summary of this video What problems this may cause you in the future? What does it mean by separate outpatient lifetime limit for kidney condition and cancer? Which insurance company medic card has this features built in (not a fine print) How to Mitigate this Risk if you already have such medic cards? A real…

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Medical Insurance Claim, Tax Relief & Cash Value

Have you ever wondered why and how some people take advantage of their medical insurance to do full body health check at private hospitals? Aside from the ethics part, what is the impact to you as policy owner? Below, we reveal some of the industry secrets: How “fake claim” will impact your future upgrades or…

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Medical Insurance Claim & Underwriting Secrets

Have you ever wondered why some medical cards are easier to admit into certain private hospitals or claim compared to others? And why sometimes private hospitals still need to charge me even I have a medical card for admission? Below, we reveal some of the industry secrets: Can you really “profit” from your medical card…

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Medical Insurance Jargons and Workings Part 2

Summary of this Recorded Webinar with KCLau.com The Big Difference between Standalone Medical card and Medical card rider The Risks of a Standalone Medical Card (how Medical card rider mitigate this risk) The sustainability of a medical card rider and how to manage the risks of policy lapse How medical card sold by life insurer…

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Comparing Different Loan Packages by Calculating Total Interest Paid

This is the exact loan packages offered by the asset management division of the insurance company as of Nov 2013 (click the image below for large view) How to properly use the financial calculator COMPOUND function to, first, calculate the monthly installments for Part 1 (4.25% p.a. ) of Package 3 Then, how to use…

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Medical Insurance Jargons and Workings Part 1

Summary of this Recorded Webinar with KCLau.com A General Perspective on the Needs of Medical Insurance Making it Clear Cut the Purpose of Medical Insurance vs Critical Illness coverage What is a Deductible Medical Policy and how does it work? Why a Deductible Medical Policy is killing 2 bird with one stone for the employed…

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Important Details You Should Know about Investment Linked Policy

Summary of this video What are the “hidden” things to look before signing an investment linked policy? What is top up premium and policy sustainability; how these 2 aspects are related? What is the RIGHT way to use top up premium in your investment linked policy, and why? When to use top up premiums –…

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The Best Medical Card in the Market (Aug 2013) and Why

Summary of this video The highlights of this company medical card What is Co Insurance Free Amount and Daily Guardian Benefit Other Uncommon Coverage not offered in most medical cards How Much the standalone version costs – by age and gender Snapshot of the medical card feature as a rider – Special feature – Increase…

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