I want to get my self an insurance plan but I'm not sure which insurance company is the best?

Question

Please tell me which company is the best in malaysia in term of ease of getting the claims ..trustworthy..etc.If possible give example..other answerer outside malaysia are welcome also..thanks...

p/s i'm planning to get my self a life & health insurance.I'm not interested in those investment type insurance because i already have my EPF.

Answer 1

you need a broker...
(not an agent)

Answer 2

I was about to answer your question on insurance until I saw your comment on EPF. Actually, EPF is not a very reliable way of investing so you might want to rethink your stand. Even if you do not want an investment-linked insurance policy, I would still recommend that suggest that you invest on your own.

As for insurance, I can only tell you which are the most trustworthy in Singapore. I have lots of Malaysian customers who work here and buy insurance here. In Singapore, Prudential is tops, followed by AIA. Why? Because these companies are efficient and fast in claims. One week is all it takes to recover a death claim.

Answer 3

Ralph, i'm particular there's a sort for an charm of your case. If no longer, make one. Write a Letter of charm and state your case. in the letter, provide the TPA, and your employer, sparkling, precise, information that you've faith exhibits that an exception should be made in this insistance. include information that describes the challenge as one it quite is common, and for which maximum different well being plans grant coverage. Ask your individual coverage broking service for information in drafting the letter. If the cost of the technique is intense, you would possibly want to favor to search for suggestion from an legal professional to draft a letter for you. once you deliver the letter, you would possibly want to ask your employer if quit loss coverage has been placed on your employers self-funded plan. maximum quit loss coverage, which protects the employer, has individual quit loss provisions, and agregate quit loss provisions. this protects the employer from a particular loss on all and sundry declare and on all claims in all and sundry twelve months. in case your employer has quit loss safe practices, you could also favor to deliver a replica of your charm to the coverage organisation masking extra over the quit loss. very last, maximum States have an coverage branch or branch in State authorities. maximum are very customer pleasant. you would possibly want to examine with them to work out if Self Funded or in part Self Funded plans come lower than their jurisdictions. in the journey that they do, ask them for information. good luck, Grampy