Aro & Associates Great Eastern Life

24/02/2024

# GreatEasternmedicalcard

24/02/2024

20/01/2024

Limited time offer only

10/12/2023

Limited time offer!

27/06/2023

Great Eastern Life Assurance (Malaysia) Berhad (GELM) is the proud winner of the Reader’s Digest Trusted Brand 2023!

22/06/2023

What happens when your medical insurance policy lapses ?

Most consumers or policy holders would just sign the health warranty (Declaration of Health Condition) through their agent and make the payment to the insurance company to reinstate the policy. Then the insurance policy goes back to a in-force state and the policy is activated.

Remember it doesn’t end there.

What many are unaware is that the WAITING PERIOD of the policy starts all over again.

Like the first 30 days after reinstatement, the insurance does not cover and any medical condition accept for accidental conditions.

There are also other conditions in the policy that may start all over again and may not be favourable to the policy holder.

My advise - Just 2 points

1. Never lapse your Medical policies - keep payment prompt directly through auto deduction and not through agents.

2. Understand the waiting period and exclusion clauses on the policy before signing of Health Warranty document.

Speak to your agents or advisors to understand further.

20/05/2023

18/04/2023

5 Reasons that can cause families to lose wealth over the generations:

👎🏼 Poor financial management: Lack of financial planning, overspending, and high levels of debt can all contribute to the erosion of wealth over time.

👎🏼 Unwise investments: Making risky or speculative investments that do not pay off can result in the loss of a significant portion of a family's wealth.

👎🏼 Lack of succession planning: If a family does not have a plan in place for how to transfer wealth and assets to future generations, it can lead to misunderstandings and conflicts that result in the loss of wealth.

👎🏼 Taxes and fees: Taxes, legal fees, and other expenses can eat into a family's wealth, especially if the family does not have a plan in place to minimize these costs.

👎🏼 Lack of financial education: If future generations are not taught about responsible money management and investing, they may not have the knowledge and skills needed to maintain the family's wealth over time.

It's important to note that there are many other factors as well that can contribute to the loss of wealth in a family, and each situation is unique. However, by being proactive and making smart financial decisions, families can increase their chances of preserving their wealth over multiple generations.

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If you are a financial advisor reading this: Please share this with your clients and friends who you think should be aware of this.

Don't forget to join the Mentoring Family to get my presentation.

Financial Advisors click here ➡️ learn.sanjaytolani.com

18/04/2023

04/03/2023

e-Connect is a secured web portal that is designed exclusively for our valued policyholders, access to your policy information. Visit our website Today!

04/03/2023

Great Eastern gave claim for the Person with Permanent Disablement.