MONEY MOVES MALAYSIA

❓ Question: If you already have Life, Critical Illness (CI) and Health Insurances (LIVE), do you still need a Personal Accident (PA) policy? Isn’t LIVE enough? You can also watch it here, to know the answer: 👇  ✅ Answer: That’s a great question — and one that reveals a common misunderstanding about insurance coverage. While LIVE (Life, Critical Illness, and Health Insurance) plans are crucial for comprehensive protection, they do not cover all accidental outcomes  — especially partial disabilities or injuries . This is exactly where a Personal Accident (PA) plan becomes essential. Let’s explore why: 🔍 1. PA Covers What LIVE Doesn’t: PA insurance offers specific payouts for accidental injuries and losses , many of which would not be claimable under traditional LIVE policies. For example, loss of sight in one eye due to an accident is payable under a PA policy . But under life insurance, the Total Permanent Disability (TPD) benefit only pays if there is perman...

10 Habits That Can Keep You Poor in Malaysia You can watch it in YouTube video, the summary of the blog in the form of conversation (podcast) where the audio is created using Google’s NotebookLM instead of reading the blog: While achieving financial success takes time and effort, certain habits can keep you stuck in financial hardship. As Malaysia progresses towards becoming an ageing nation, with rising living expenses and healthcare costs, it's important to recognise that financial mismanagement early on can have long-term consequences. Below are 10 habits that can trap you in a cycle of poverty, and understanding them can help you make better financial choices. 1. Buying Things You Can’t Afford One of the quickest ways to stay poor is by consistently buying things you can’t afford, especially through credit. Malaysians often fall into this trap with car loans, considering only the monthly instalments while overlooking the hidden costs like fuel, maintenance, and repairs. Add to ...