AIG Malaysia: 360° Insurance Coverage Plan

car insurance

Being one of the few pioneers of insurance services in Malaysia in almost sixty years, AIG serves the citizen through providing quality delivery with respect to insurance and risk management solutions. Ever since the day the foundation is set in 1953, AIG’s consistent development generated a consistent development of their particular network of agents, brokers, and scheme, with now exceeding 15 offices opened all over the country.

Comprehensive Insurance Products by AIG Malaysia

Your life or business not insured against the uncertain future will be frightening for everyone and businesses. To offer both sorts of customers a mental comfort, AIG Malaysia has formulated different types of product or service that could satisfy the requirements.

For private men and women, owning high-valued assets which can include cars and homes without insurance packages is an issue. To stress on its importance, the Government renders insurance subscription mandatory in making certain its citizens and also their businesses have ample protection against unfortunate happenings. While there are numerous insurers to select from, AIG almost certainly the very best car insurance & home insurance providers in the nation.

Nevertheless, to successfully protect ones well being certainly is the ultimate necessity. For that reason, AIG and also its particular agents have actually been striving to help improve understanding of the need for medical insurance. This effort looks like fruitful as being the statistics of health insurance and private accident insurance subscription has been showing keeping a positive growth.

car insurance

International investment and lowest transportation cost now have made routine travel for business and leisure more cost-efficient. Hence, the requirement for the travel insurance has increased substantially, which contributed to the offering by AIG in satisfying their customer’s needs for one comprehensive insurance plan.

Moreover, for companies, AIG is already actively supplying a high-level risk management plan that has been applicable to their needs. Regardless of whether an extended warranty insurance, aerospace insurance, fronting, and captive services insurance, or possibly even trade credit insurance, corporate customers can individualize their personal subscription plan with AIG in order to avoid both over insurance and underinsurance.

AIG acknowledges well that corporate customers in manufacturing, education, bankers, import & export, construction, or possibly the aviation segment has different insurance coverages expectations; and it is this can be the sole intent behind providing such penetration of flexibility. What’s more, it also focuses on the necessity of smaller scale businesses and assists them by giving SME Package to suitable companies.

Hence, companies and individuals who’re interested to subscribe almost any insurance policy from AIG can certainly get the quote through their website. In addition, customers can browse through the listing of authorized agents within their residing place to acquire a more personal service.

Being one of the leading companies that embrace technology in their operation, AIG Malaysia has partnered up with Lazada Malaysia in order to make online insurance subscription easier. The infusion of e-commerce onto their strategy will ultimately benefit the customers as they possibly can easily purchase their preferred insurance protection while having it activated around three days after having a few rather simple registration steps. Find out more at now.

Do You Know the Basics of ASB Loans?

asb loans rhb

Amanah Saham Bumiputera (ASB) was launched by Amanah Saham Nasional Berhad (ASNB) in 1990 for Malaysian Bumiputeras. It is a unit trust fund, provides an alternative vehicle, and generates long-term competitive returns for investors.

Many Malaysians are interested in buying into ASB but don’t necessarily have the money to do so. This is where ASB loans come in.

What are ASB loans?

Similar to ASB funds, ASB loans are only available to Bumiputeras. They are basic term loans and can be calculated using the reducing balance method. Most ASB loans use floating interest rates, based on the Base Lending Rate (BLR), the rates might change.

Approved applications will immediately have their loan amount credited into the customer’s account. Then, the customer has to repay in monthly installments as well as documentation and management fees every month.

Customers can also choose to cover their ASB loans with insurance or Takaful. In the event of total permanent disability or death, these insurances will cover the remaining loan amount.

asb loan rhb

Early Settlements

As long as it is not within the lock-in period, borrowers will not face any penalties on early settlements. They only need to settle off the remaining loan balance. However, if a borrower settles within the lock-in period, an exit penalty will be imposed.

ASB loans are basic term loans, so extra payments in monthly installments do not lower the interest payable.

Difference between ASB loans and using savings

There’s a contrast between using your savings and ASB loans when buying ASB units.

For example, the minimum loan for ASB is RM10,000, unlike RM10 for using your savings. There are also leveraged returns for ASB loans; however, the margins are lower than using your savings.

Why you should use ASB loans

Using ASB loans may be a better choice. ASB funds never posted a return below 8.55% p.a. since its inception.

If you’re a Bumiputera and you’re interested in getting an ASB loan, RHB Bank is one of the three banks in Malaysia that offers it.

Visit now to learn more!

Discover AIG Malaysia’s Latest Insurance Offering

For more than sixty years since 1953, AIG also has been serving the Malaysian community through innovative solutions that will be constantly tailored to the needs of consumers and corporate clients. AIG Malaysia is actually operating in 15 offices nationwide, backed by an enormous network of agents, brokers, and schemes. It provides them the capabilities to provide quality services that meet clients’ expectations.

AIG holds on to the belief that insurance and financial protection against are important in working with the uncertain future. Hence, they launched a lot of risk management plan that will fit both private individuals’ and businesses needs.

Personal Insurance Solutions

Car Insurance, Home Insurance & More

Having a property registered under one’s name could very well be terrifying without insurance coverage, given that it could cause a tremendous loss in the event the unwanted happens. Hence, the Malaysian government makes it obligatory to obtain insurance whenever individuals pick a car and even a house – this is especially important in the case of a house insurance due to a much higher property value. On the insurer’s side like AIG, they certainly do their part by making sure the clients are fully covered by a number of risks which may be commonly relating to cars and homes.

House Insurance

Check out their web page here:

Medical Insurance

Nonetheless, the most precious thing any individual can have is their own health and well being. While it used to develop into a challenge for insurers like AIG to show the people regarding the needs to purchase medical insurance, it’s now seen a gradual escalation in the number of purchases made because of the trouble the company has made to create awareness.

Business Insurance

From Warranty Insurance to Public Liability Insurance

Moreover, for business entities, AIG has always been actively supplying a high-level risk management plan that is relevant to their needs. Regardless of whether an extended warranty insurance, aerospace insurance, fronting and captive services insurance or maybe trade credit insurance, corporate customers can tailor-make their own personal subscription plan with AIG in order to prevent both over insurance and underinsurance.

Insurance Solutions Tailored to Industry Demand

There’s no question how the variety of plan is able to competently serve clients from lots of different sectors, which include manufacturing, education, financial, transportation, aviation, even more. In expressing their receptiveness on the enhancements made on market trend along with a rapid rise in a variety of startups, AIG has created an SME package that will serve entrepreneurs protect their business as they simply grow.

AIG Gets it All Covered

Through AIG Malaysia’s website, individuals and corporations can acquire info about the services offered in addition to acquire a quote upon furnishing essential information. Depending on their wants, customers can get a face to face meeting with nearby agents and others for more information regarding AIG’s products or services.

Latest News: AIG is on Lazada

Recently, AIG Malaysia has gone further to embrace e-commerce as they quite simply make their insurance subscription on Lazada Malaysia. This certainly will ultimately bring convenience to subscribers as they might get their insurance activated within just Three days, and it’s really considered as a creative knack of getting in touch with the target audience electronically.