GRIT Financial Consultancy

GRIT Financial Consultancy

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Less than half of Malaysians are insured as we become an ageing society 24/04/2024

The awareness of getting insured is still relatively low. Most of the time, people do not believe in insurance mainly due to lack of understanding on how it works and news on non claimable cases. Take some time to understand how it works, only then decide whether you need it or not.

Less than half of Malaysians are insured as we become an ageing society KUALA LUMPUR: Less than 50% of Malaysians are insured, according to insurance industry players.

12/07/2023

A good friend asked, "In case I passed away, I wish to leave the house behind to my kids. But I am afraid that if I leave it to my kids, they might sell it and spend all the fund, considering they are still young. So I'm not sure how to deal with such situation."

There is a solution to this. By putting the property into TRUST. How does it work?

By putting the property into trust. He can choose to transfer the ownership to his children, but at the same time, set conditions to this ownership.

He can set the condition where the children can only sell off the property at certain age, for example until the youngest attain age 25 (at least until he/she graduates) and also to give the right of occupancy of the guardian, which may not be the owner of the property, for example grandparents.

Everyone has their way of thinking on how they want to distribute their assets. But thinking without putting it into action is equivalent to no thinking. Therefore, work out your estate planning today to avoid future mess or unwanted distribution.

Photos from GRIT Financial Consultancy's post 12/03/2022

Your wellbeing is the key to enjoying a good life. But illnesses, accidents and disability could at times affect your wellbeing and finances. Did you know, which are the highest claims payout by Great Eastern Life?

个人健康能让我们享受安逸的生活。可惜的是,疾病和意外残疾能轻易影响您的健康和财务状况。猜一猜大东方最高赔付额是在哪种保险呢?

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📱 If you have any enquiry or need more guidance, PM or whatapps us at: https://wa.me/+60164116680

🎯 We are authorized agency of Great Eastern Life & Takaful Malaysia
🎯 We have more than 10 years experience certified in insurance servicing industry
🎯 We are the member of MDRT (million-dollar round table) achievers

欢迎大家联络咨询, PM或whatapps我们:https://wa.me/+60164116680

🎯 我们是Great Eastern Life & Takaful Malaysia 的授权顾问团队
🎯 我们拥有超过10年的保险服务认证与顾问经验
🎯 我们是MDRT百万圆桌业绩认证会员

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25, Lebuh Light
George Town
10450