tag:blogger.com,1999:blog-3699852393824241033Sat, 14 Sep 2024 03:33:04 +0000GeneralInsuranceInvestingLoansInvestment-Linked Insurancehttp://theinsurancecafe.blogspot.com/noreply@blogger.com (Jonathan Avinash Victor)Blogger15125tag:blogger.com,1999:blog-3699852393824241033.post-3531197140355939124Mon, 19 Sep 2011 14:50:00 +00002011-09-19T22:50:50.542+08:00General http://theinsurancecafe.blogspot.com/2011/09/article-i-wrote-for-business-plus.htmlnoreply@blogger.com (Jonathan Avinash Victor)0tag:blogger.com,1999:blog-3699852393824241033.post-4169375888107483654Sat, 13 Aug 2011 04:17:00 +00002011-08-14T13:59:23.173+08:00GeneralThe Employees Provident Fund (EPF) recently expanded the list of critical illness members can withdraw for from 39 to 55. This is great as some folks are either uninsurable or have not taken the time to get proper insurance coverage. Withdrawals can be made from whatever amount is in Account 2.  The withdrawal is not only for the EPF member but also extends to these few categories: http://theinsurancecafe.blogspot.com/2011/08/withdrawing-epf-money-for-critical.htmlnoreply@blogger.com (Jonathan Avinash Victor)0tag:blogger.com,1999:blog-3699852393824241033.post-1203487921323896410Sat, 27 Nov 2010 04:40:00 +00002010-11-27T12:40:39.355+08:00GeneralTwo days ago I attended a talk at MATRADE called The New Faces of Entrepreneurship given by Prof. Rajesh Chandy of the London Business School. To say I found it interesting would be putting it mildly. After Rajesh’s talk there was a panel discussion with six really good panelists. Whilst they were all excellent, Malek Ali’s (founder of BFM 89.9) discussion points struck a chord with me.   Ashttp://theinsurancecafe.blogspot.com/2010/11/thinking-of-rowing-your-own-boat.htmlnoreply@blogger.com (Jonathan Avinash Victor)1tag:blogger.com,1999:blog-3699852393824241033.post-7040140492383125089Fri, 08 Oct 2010 17:04:00 +00002010-10-09T01:37:16.804+08:00InsuranceInvestingClick on the image to see a bigger readable version. http://theinsurancecafe.blogspot.com/2010/10/article-i-wrote-for-nst-part-2.htmlnoreply@blogger.com (Jonathan Avinash Victor)0tag:blogger.com,1999:blog-3699852393824241033.post-1158359068641688361Fri, 08 Oct 2010 16:47:00 +00002010-10-09T01:36:40.015+08:00InsuranceInvesting Click on the image to see a bigger readable version.http://theinsurancecafe.blogspot.com/2010/10/article-i-wrote-for-nst-part-1.htmlnoreply@blogger.com (Jonathan Avinash Victor)0tag:blogger.com,1999:blog-3699852393824241033.post-6307691539053480775Wed, 01 Sep 2010 06:06:00 +00002010-09-01T22:00:17.666+08:00InsuranceInvestment-Linked InsuranceIf you're in the market for life insurance, you would have inevitably bumped into something called investment-linked insurance. As with lots of things in life, the benefit or detriment accrued from something is pretty much dependent on how you use it.  I cannot stress enough the importance of an investment-linked plan that's tailor made to your needs. A badly suited plan will be a pain http://theinsurancecafe.blogspot.com/2010/09/scratching-your-head-over-investment.htmlnoreply@blogger.com (Jonathan Avinash Victor)2tag:blogger.com,1999:blog-3699852393824241033.post-8706987389015089591Thu, 26 Aug 2010 00:48:00 +00002010-08-26T13:35:21.231+08:00GeneralI've decided to take The Insurance Cafe mobile! Still learning how, so if it doesn't look very pretty on your device or you've got problems accesing the mobile site please let me know. Am using mobify as the mobile site designer. If you access The Insurance Cafe on your mobile browser it should automatically redirect you to the mobile site. If not you can find it here http://theinsurancecafe.blogspot.com/2010/08/insurance-cafe-has-gone-mobile.htmlnoreply@blogger.com (Jonathan Avinash Victor)0tag:blogger.com,1999:blog-3699852393824241033.post-6786518104236295063Wed, 25 Aug 2010 06:12:00 +00002010-08-26T12:50:13.681+08:00InsurancePremium holiday is a phrase that gives a happy connotation to something you might not be so hot about if you knew its workings. I was having a discussion lately with a friend of mine and he told me that his insurance policy is still inforce despite him not paying for a few months.  How was this possible? In insurance language, he has gone on a "Premium Holiday". However, be clear that http://theinsurancecafe.blogspot.com/2010/08/have-you-unwittingly-fallen-prey-to-apl.htmlnoreply@blogger.com (Jonathan Avinash Victor)0tag:blogger.com,1999:blog-3699852393824241033.post-8197332750449831045Fri, 20 Aug 2010 04:00:00 +00002010-08-20T12:00:20.875+08:00LoansYesterday I'd shown how much interest we pay when taking a home loan. Today will talk about car loans. As an illustration I'll take the Honda City (since I recently test drove one).  You can substitute the figures I've used with the ones of you own car loan. Step 2 shows interest paid on the car. I've added other steps just to show the method to calculate monthly payment.   Car Price (http://theinsurancecafe.blogspot.com/2010/08/have-you-purchased-car-too-big-for-your.htmlnoreply@blogger.com (Jonathan Avinash Victor)2tag:blogger.com,1999:blog-3699852393824241033.post-776086192853629879Wed, 18 Aug 2010 17:04:00 +00002010-08-20T12:01:08.525+08:00LoansIf you're thinking of taking a home loan to purchase a house/apartment, you should consider this useful tool called Home Loan Calculator. It's a very simple one in Microsoft Excel format. Drop me an email at totalcoveragesolutions@gmail.com with the title Home Loan and I'll send it to you. As an illustration, I've taken a 30 year loan for RM300 000. The Base Lending Rate (BLR) is 6.3%. Most http://theinsurancecafe.blogspot.com/2010/08/stop-donating-your-hard-earned-money-to.htmlnoreply@blogger.com (Jonathan Avinash Victor)0tag:blogger.com,1999:blog-3699852393824241033.post-5457592675533395100Wed, 18 Aug 2010 02:00:00 +00002011-08-14T13:54:29.705+08:00InvestingInvesting in unit trusts using the funds in your EPF might be a viable solution if you're looking for more flexibility and control over your investment strategy. It's a very simple process and you can invest in any funds that have been approved by EPF.  Withdawal Eligibility Formula: (Amount in Account 1 - Basic Saving) x 20% = Unit Trust Investment Amount http://theinsurancecafe.blogspot.com/2010/08/put-you-epf-money-to-better-use.htmlnoreply@blogger.com (Jonathan Avinash Victor)0tag:blogger.com,1999:blog-3699852393824241033.post-8646504155659180838Tue, 17 Aug 2010 02:36:00 +00002010-08-17T17:38:25.674+08:00InsuranceThere are a myriad of different life insurance products available in the market. But they all share something in common. It is known as the Sum Assured. Insurers can promise the sun and moon in investment returns but at the end of the day only the Sum Assured is absolutely guaranteed. If you've ever wondered how an insurance company guarantees that you get paid when you make ahttp://theinsurancecafe.blogspot.com/2010/08/are-you-insurance-monies-guaranteed.htmlnoreply@blogger.com (Jonathan Avinash Victor)0tag:blogger.com,1999:blog-3699852393824241033.post-7486112167609886784Mon, 16 Aug 2010 09:45:00 +00002010-08-16T21:39:02.014+08:00InvestingMany people are in the habit of putting off decisions they have to make today. Retirement planning is one such decision that is shoved aside until retirement age is nearing. Ever wondered what putting this decision away is costing you? IllustrationRachel and Tara are both 18 years old. Each used a slightly different investment strategy to accumulate an investment fund at age 65. http://theinsurancecafe.blogspot.com/2010/08/cost-of-waiting.htmlnoreply@blogger.com (Jonathan Avinash Victor)2tag:blogger.com,1999:blog-3699852393824241033.post-578653096552750476Sat, 14 Aug 2010 06:52:00 +00002010-09-02T11:44:07.671+08:00GeneralInsuranceHow much should I insure myself for? A simple guideline is to calculate your economic value. Your economic value is the amount of income you will bring in during your whole life.  IllustrationAlvin is 25 years old and earn RM36 000 per annum. Lets assume he works till 55. Ignore inflation and increase of salary for now.  RM36 000 x 30 years = RM1 080 000.  It can thus be concluded http://theinsurancecafe.blogspot.com/2010/08/what-is-your-economic-value.htmlnoreply@blogger.com (Jonathan Avinash Victor)3tag:blogger.com,1999:blog-3699852393824241033.post-99490136278893475Fri, 13 Aug 2010 14:45:00 +00002010-08-14T14:56:12.094+08:00GeneralFinancial instruments are often times so complicated that even the "experts" don't seem to know whats what. Insurance is one such instrument which is shrouded in a mist of confusion and misinformation.  The simple aim I had when starting The Insurance Cafe was to make insurance accessible to the everyday man. Being in the industry myself has given me a good insight into the inner workings ofhttp://theinsurancecafe.blogspot.com/2010/08/simplifying-insurance.htmlnoreply@blogger.com (Jonathan Avinash Victor)0