TO MAKE MONEY WITH INSURANCE

DO NOT DISCARD YOUR DREAMS. MCIS ZURICH is aggressively recruiting new financial planners dateline . With our new training programmer, you can succeed. Come and be part of the great MCIS ZURICH INSURANCE team and enjoy a rewarding and colorful career path. Come and Join Us.


Requirements:

Minimum SPM
Age 22 years and above
Disciplined, entrepreneur-minded, self motivated and able to learn
Honest, ethical, responsible & hardworking
Mandarin an added advantage
Read and write English & Bahasa Malaysia well.
Confident, self-driven and able to work independently.
Love people and like to mix around.
Part time & Full time positions available
Required language(s): English
Preferred language(s): Bahasa Malaysia.
Salary Range :
RM 1500 + Commission
Special Agent's Financing Scheme Available.
Earn As You Learn.

Income Grows With Achievements.
Write Your Own Salary Cheque.

Visit web site ;http://parumugam.webs.com/
IF YOU ARE INTERESTED CALL, SMS OR EMAIL THE ADVERTISER BELOW
arumugam_065@yahoo.com
Tel : 05-2536616
H / P : 012 - 5070624

Market Penetration of Life Insurance in Malaysia grew to 39.3% | think it is lower

Market penetration of life insurance, as measured in terms of the total number of policies in force to total population, grew to 39.3% as atend-June 2007 (end-June 2006: 38.7%)

I personally own five insurance policies. Most of my clients has 2-4 life insurance policies.According to the method of calculation shown above, there are 4policies in every 10 Malaysians. In my own statistic, there is an average of 3 policies per clients. If we consider that too, that means among the 4 policies in every 10 Malaysian, 3 of the policies was own by the same person who believe in the importance of protecting wealth with life insurance. That boils down to 1.3 person insured in every 10Malaysian.

Bad news is that if Petronas Twin Towers collapsed after hijackedMAS airplane crashed into it, only 13% of the family members will receive life insurance payout.

Good news is for those hard working insurance agent: the market is still huge!

For 55 years,you- our customers ,our agents and our partners-have been our biggest supporters.You dreams inspired us,while your passion has ingnited us.You have helped us grow for one of MALAYSIA's first cooperative insurers in 1954,to a corporation with international affilions.We thank you ,and we'd like to assure you of our continuing commitment to making the dreams of all Malaysia come true.

Ten Tips for Improving Your Cash Flow

Cash flow how money flows in and out of your household is key to achieving personal financial security. Without a well-managed andunderstood cash flow, you're less likely to be able to fund short-termand long-term financial goals. Cash flow how money flows in and out of your household is key to achieving personal financial security.

Unfortunately for many of us, the cash flows out as fast if not faster than it flow sin. Often we don't even know where much of it goes, which can create anxiety. Here are 10 ways to better manage your cash flow that can help improve your disposition and make those goals come true.

Make a spending plan

Write down in a simple accounting book all monthly income (salaries,investment earnings, child support) and expenses (housing, car, taxes,groceries, clothing) for the past 6 to 12 months using check book records, pay stubs, and so on. Track current spending for another two or three months, particularly those cash expenditures that often go unaccounted. If you are spending more than you are bringing in,identify excessive spending categories and cut back until inflow and out flow match.

Set goals

Write down your goals,such as paying for summer camp, buying a new car, or saving for retirement. How much will each goal cost (factor in inflation for longer-term goals) and how much you have to put away each month to reach each goal.

Adjust cash flow

Can you put away enough each month to meet all your goals? If not, you have three options: increase your income, readjust or eliminate some goals, or lower expenses in other categories to free up money for your goals (eat out less, buy a cheaper car, entertain at home). Don't try to accomplish everything at once. Gradually work goals into your spending plan.

Pay yourself first

When you receive your paycheck or other income, pay your fixed expenses, short-term savings,and long-range goals first. That way, if things get tight during the month you cut back on discretionary spending, not your mortgage payment or college education fund. Automatic deposits help make this process less painful.

Set up accounts for variable expenses

Insurance payments, for example, may come once or twice a year. Divide the total annual insurance costs by twelve and set aside that amount each month each month in a savings account that you can draw on when the bill comes due. This helps even out the monthly cash flow.

Establish an emergency fund

Set aside enough money in a safe accessible account to fund "bare necessity" living expenses for three to six months.

Alternate raises. Put your next raise or bonus toward a goal, not your day-to-day spending. The next raise or bonus can go toward improving your standard of living. This way you can have save toward your goals and still have fun.

Involve the whole family

Include your children. Everyone has to sign on to make the spending plan work.

Pay off credit cards

Misuse of credit cards sabotage cash flow more than any other single factor.

Have some fun with your money

Free up some of your cash so you can do fun things. Give everyone a little"personal money" they don't have to account for. This is a spending plan, not a starvation diet.

TOP 10 REASON TO BUY LIFE INSURANCE

Protect your wealth

This is the main reason people buy life insurance. Nobody likes to see his hard earned money all swept away in diseases related disaster. We work hard in our whole life to increase our economy value. There is no guarantee that we can enjoy a long life to realize our economy value. Only two things are certain: tax and death. When death arrive sooner that we thought, life insurance will be our wealth creation tool to instantly generate the cash we could have earned.

Show your love to your family

“We love because it’s the only true adventure.” - Nikki Giovanni Love is indeed an adventure. Our life is an adventure too. It is full of risk. We can show our love in a thousand ways when we are still around. But when we die, how are we going to love our family? At least, life insurance can take care of our family’s financial well-being.

Show that you are a responsible person

Did you ever notice that most of the victims who died in road accidents didn’t buy life insurance? I can say most of them have none or buy only a tiny sum assured. An irresponsible person drives recklessly and carelessly almost all the time. If you are a responsible person, you will care for others. Certainly buying adequate life insurance shows that you are responsible and trustworthy to your spouse, your children, your parents and the one you love!

Our health is deteriorating everyday

Do you know anyone who is getting healthier everyday? By the time he is 100 years old, he is at the peak of his health condition. He can live on forever! Gosh, people are getting older and this is an undeniable and unstoppable fact. Our health is deteriorating every minute. We never know the exact time a disease will strike us. Fear of illnesses motivates people to buy life insurance.

Practice the habit of forced saving

When we face the shortage of cash, withdrawing money from our life insurance policy is always the last resort. In the fear of losing the life insurance policy, we are forced to make the regular premium payment. In the long term, life insurance is a great saving tool. It forces us to save for the future, and also for the unforeseen disaster.

Funding a trust

A trust is an arrangement under which one person, called a trustee, holds legal title to property for another person, called a beneficiary. People create maintenance trust to provide regular income for family. The cheapest way to fund a trust is using life insurance. The cost of premium is only a few percentage of the trust fund we intend to create. For instance, paying premium of $1000 annually is able to get a life insurance policy worth $100,000 for a person below age 30.

Funding a business operation

An employer takes out an insurance policy insuring against loss of profits arising from the death, sickness or injury of a key employee. The beneficiary is the employer. The life insurance policy bought is known as key-person insurance. The insurance payout will be used as emergency fund for business operations.

Funding Buy-sell agreement in partnership business or corporation

Every co-owned business needs a buy-sell agreement the moment the business is formed or as soon after that as possible. Every day that value is added to the business without a plan for future transition, it increases its financial risk. What happen if one of the partners decided or forced to exit the business? The most common triggering events are dispute, death, disability and retirement. Life insurance can be used to fund purchases of the deceased shares in the event of death.

Charity

A charitable trust is a trust established for charitable purposes. Charities may take the form of charitable trusts, companies or unincorporated associations. Some wealthy entrepreneur buys insurance to fund their charitable trust. There are so many valid reasons you should buy a life insurance. If you don’t know how to determine whether your insurance coverage is adequate at this moment, contact me.

If you buy insurance other than the reasons stated above, please give me input through the comment column.

WHAT IS AN INSURANCE POLICY ?

An Insurance Policy is a legally binding contract between the person who buys the policy and the Insurance company. The person who buys the policy is commonly called the "Policyholder", who is also often the person insured.

The policyholder pays a specified sum of money, called the "Premium" to the Insurance company in exchange for an agreement by the Insurance company to pay a certain types of loss or damage as specified in the contract. In the event a loss occurs, which meets all the requirements described by the terms of an Insurance policy, the loss is said to be "covered" by the policy.

How to Make Money Selling Life Insurance

Speaking from personal experience there are numerous ways out there for a person to make a living. I've been a construction worker, waiter, manager, writer, factory worker, driver and salesman. Let me tell you that there is little that compares to the task of selling life insurance.

Here in this article I'm gonna explain some tips to help make money selling life insurance. These tend to hold up for all forms of sales so keep that in mind as well.

Step 1

The very first and biggest step in order to make money selling life insurance is to develop a relationship with each client. This means that treat each person as if they were a family member. If the people trust you then the biggest road block in selling life insurance is already out of the way.

Step 2

The next step goes hand in hand with the one mentioned in the previous paragraph. A big key is to gain referrals from other satisfied clients. You can even ask that they possibly refer you to any of their friends or family members.

Step 3

One final step in order to make money selling life insurance is to know the policies inside and out. This means studying all the terms and knowing the information verbatim. It will impress a person if you're able to say out and answer all the questions without documentation. This will also make you a better salesman in general.

Risk Management and Insurance Planning With MCIS ZURICH

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 depend son 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 depend son you for financial support. The longer your dependents need support the greater your need for coverage. Our life insurance calculator will help you figure out how much additional coverage you need, if any. If you discover you need additional coverage and you are still relatively young, term life insurance is generally the lease expensive way to go because it provides "pure coverage"; you build no cash value in the policy. (Note that the cost of term insurance goes up as you grow older.) Term insurance provides protection for a specific number of years, with the death benefit paid to your beneficiaries if you die during the policy's term. When the term ends, so does your coverage, unless you renew the policy.

On the other hand, wholelife policies and investment-linked life insurance provide protection over your entire life. For youngerpeople, whole life insurance is more expensive than term. But the premiumsgenerally are fixed, so as the years go by, it can become less expensive.Cash values and interest accumulate in these policies are tax-deferred,and you can borrow from the cash value.

Disability Protection and Personal Accident Insurance

Like life insurance planning, disability insurance planning is based on your particular needs, circumstances, and resources. In addition, you may want to include long-term care insurance in your financial plan to help preserve your assets for your family in the event you suffer a prolonged illness. Don't forget about personal accident (PA) insurance too.

Health Insurance and Medical Card

Also consider health care provisions for medical treatment. A medical card can help protect you against the costly medical expenses and ensures comprehensive coverage in medical, surgical and hospital costs, ambulance fees and other related medical charges.

The Millionaire Mind: Think and act like a millionaire

1. What success factors made them wealthy in one generation?

a) Integrity – being honest with people

b) Discipline – applying self control

c) Social skills – getting along with people

d) A supportive spouse

e) Hard work – more than most people

2. What part did luck and school grade play?

Luckis ranked near the bottom of the success factor. Those millionaires saynothing about gambling. The average Grade Point Average (GPA) is only2.92 for all the millionaires (certainly no 4 flat required!).

3. How do they find their courage to take financial risks?

They practice believing in themselves and hard work. They do everything they can to enhance the odds of generating returns.

4. How did they find their ideal vocations?

They think differently from the crowd. They are wise in selecting theideal vocation given their abilities, aptitudes and strong interest inbecoming financially independent.

5. What are their spouses like and how did they choose them?

It is much more than physical attractiveness.

6. How do they run their households?

70% regularly have their shoes resoled and repaired. 48% regularly havetheir furniture refinished instead of buying new. 71% develop ashopping list before grocery shopping.

7. How do they buy and sell their homes?

40% have no mortgage at all. Less than 5% have mortgage balanceoutstanding more than 1 million dollar. They never pay the initialasking price for any home and willing to walk away from any deal at anytime.

8. What are their favorite leisure activities?

In the past twelve months before the survey, 85% consulted with a taxexpert; 81% visited a museum; 68% engaged in community activities withtheir non working time.