EVERYONE HAS DREAMS. Our business is turning them into realities. We do this by helping our clients plan and manage their financial resources. We provide services through Life, General Insurance (Zurich Insurance Malaysia Berhad), Takaful (MAA Takaful, Takaful Malaysia, AIA Public Takaful) and Unit Trust (Manulife Asset Management) product as follows :
Today, you need to take charge and plan for your own retirement security. Relying on EPF for the bulk of your retirement income is an iffy proposition at best. Also, many companies today don't have traditional pension plans. How much income should you plan on needing when you retire? Afinancial planning rule of thumb is to figure on needing 70% to 80% of your pre-retirement income. That income is the income you'll be earning at the time you retire, not the amount you're earning now.
When should you start planning for a child's college education? Ideally, as soon as the child is born. The cost of four years at a private college or university currently is increasing faster than our inflation rate. Don't become alarmed if you haven't started planning for your child's college education. No matter what the child's age, strategies are available to help you come up with the necessary funds.
Good investment planning can turn your goals from dreams into realities. This planning involves more than trying to pick the "right" investments. How you allocate your money among different types of investments can have a greater effect on investment success than the individual investments you choose. So, your first step in investing toward your goals is to work out an Asset Allocation and Diversification for your investments.
There is RM 40 billion worth of assets left by Malaysians and yet to be claimed by their heirs because most of them die without writing a Will. Make sure your assets DO NOT add to this unclaimed money. By the way, some of this money could belong to you. That is the sad state of affairs in our country. Because of taboo and the lack of desire to plan for one’s death, which by the way, will happen, and assets are frozen. Frozen assets are of no use to your family or to society as a whole.
With life insurance planning, the first question is always, "How much is enough?" Whether you need life insurance at all and, if you do, the best amount of insurance coverage needed dependson your particular circumstances. Many people start thinking about life insurance when they marry and have children. But, even if you aren't married, you may have someone else, such as a parent or sibling, who depends on you for financial support. The longer your dependents need support the greater your need for coverage.
Many people find they are spending more than they bring in. It's difficult to increase your net worth (and meet your financial goals) if you are constantly falling behind on the income front. Hence, cash flow management is key to achieving personal financial security.Most causes of overspending can be addressed through use of a budget. Simply going through the process of putting together an annual budget can help you prioritize expenses and uncover areas where you may be able to free up more money to use for savings and investments.
Insurance offers both protection and savings that can help secure your financial future. With a comprehensive range of products and services, we can provide and create a financial peace of mind for you, your family, company's directors, keyman, employee benefit or anybody that is deemed important no matter in what stage of life they are in.