Add-ons lead to high premiums


sizeDate: Sun, 23 Jul 2006 10:09:33 0800From: Wee Seng Tor ‹gneseewgmail.com›To: thumbnailsthestar.com.mySubject: thumbnailsX-Country-Chain: UNITED STATES-›MALAYSIA-›destinationX-RCPT-TO: ‹thumbnailsthestar.com.my›Description : Aftermath : Satellite dish rain in Bandar Damansara, Jalan Dungun.Name : Tor Wee SengContact : 0122516257

SINCE the insurance market was liberalised and the motor tariff dismantled last year, motor insurers in Malaysia have been able to charge premiums for insuring cars based on “risk factors” subject to certain guidelines and limits imposed by Bank Negara Malaysia. This is to ensure that motorists will be charged a fair premium based on their individual risk factors.

As a consumer and motorist, I expected the insurers to introduce improved motor policies that provided more benefits without increasing the premium significantly.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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