Life insurance in Malaysia is something that a lot of expats might at some point think about considering. Here we have put together a practical guide about the ins and outs of buying life insurance in Malaysia and what to look out for. Cost of Life Insurance Policies In Malaysia, different states have very different mortality …
An Expat Guide to Individual Life Insurance in Malaysia in 2023 Read More »
Life insurance in Malaysia is something that a lot of expats might at some point think about considering. Here we have put together a practical guide about the ins and outs of buying life insurance in Malaysia and what to look out for. Cost of Life Insurance Policies In Malaysia, different states have very different mortality rates which is the predicted age in which you might pass away. Mortality …
An Expat Guide to Individual Life Insurance in Malaysia Read More »
Following the premature death of a life insurance policyholder, payouts may occasionally go unclaimed. So why does this happen and what you can do to prevent them from happening with your policy? 1. The absence of the original life insurer There may be a change in the name of the life insurance company that sold the original life insurance policy. This …
5 Situations Your Death Benefit May Not Be Claimed Read More »
Smoking, as you all know, is harmful to your health. However, were you mindful of its impact on the cost of your life insurance if you are a smoker? This is a key factor that life insurers use when underwriting your life insurance policy. So, in this article, we provide you with a guide that …
Does smoking invalidate a life insurance policy in 2022? Read More »
Generally speaking, life insurers pay out to beneficiaries almost every time. We use the word “almost” here because there are some uncommon situations where life insurance will not be given out. One of the most significant circumstances that we are referring to is suicidal death. Suicidal death may be excluded based on the terms and conditions …
One of the most important things you need to do while setting up a life insurance policy is to list a beneficiary or beneficiaries. This is to make sure that your death benefit goes to the right person or entity which you are most concerned with. There are two main types of beneficiaries: primary beneficiary and …
Beneficiary selection is an important part of the purchasing process of a life insurance policy. Getting this correct is essential as, by the very nature of the plan, you will not be there to give the money to your loved ones on your own. In this article, we provide you with a guide on how …
As we know life insurance plans are designed to pay to beneficiaries in the event of the death of the policy holder. But what happens if there is no beneficiary appointed to the plan? This article will delve into what happens to life insurance with no beneficiary. What happens in the event of the death of your only beneficiary? In …
What Happens to Life Insurance With No Beneficiary? Read More »
What is the free look period in life insurance? The free look period is a period of time during which you are able to call off your life insurance policy for which you do not get penalized and also receive a refund of any premiums you already paid. Information about the free look period is included in …
The word “level” in the phrase “level term insurance” means that this type of insurance has a fixed premium and face amount (death benefit) throughout the life of the policy. Simply put, when people talk about term life insurance, they typically refer to level term life insurance. For the majority of people, it is the simplest and most …
What does level refer to in level term insurance? Read More »
