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Nowadays, the demand for used cars has grown in leaps in Malaysia. Car insurance plays a major role in buying a used car. If you are also purchasing a used car, then you need to understand the insurance policy terms and conditions of the used car. When you buy a used car in Malaysia, there are certain things you should know to purchase insurance for your car. For examples:-
Check Insurance Papers
Transfer insurance policy ownership
Buy a new insurance policy if previous owner does not have one
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Can I buy a life insurance policy on my live in partner?
As long as the person qualifies medically and your partner consents to having the policy written there should be no problem in obtaining a policy.
Can you get homeowners insurance if the owner of the house is deceased?
Yes, The Heirs can buy the policy or the Estate executor can buy a home insurance policy.
Should you buy an annual travel insurance policy if you dont travel often or should you buy insurance on each trip?
Annual travel insurance is a much better option, even if you don't travel often. Buying insurance each trip is much more costly.
Life Insurance Policy?
form_title=Life Insurance Policy form_header=Protect your loved ones with a lifetime of financial security. Find a life insurance policy customized to fit your needs. What type of life insurance policy do you want to buy?= () Term Life Insurance () Permanent Life Insurance () Both () Not Sure How large of a life insurance policy do you want to buy?=_ Who will it cover?=_ Who would you list as beneficiary?=_
How do you renew a health insurance policy?
online renewal of policy does not require physical inspection of the vehicle. Buy Two Wheelar Insurance Policy:
Where to buy mortgage life insurance?
You should never buy mortgage life insurance. It is an expensive simplified issue term policy. Just buy a regular term life insurance policy. Find an independent agency and have them run you quotes on whatever amount is your mortgage plus living expenses for your family for 5 or 10 years.
How can you get car insurance after your policy is cancelled?
Simple. You just buy a new policy.
Can an illegal alien buy a life insurance policy?
Sure. There's no requirement on a life insurance policy that you are a U.S. citizen.
Can i buy a life insurance policy on anyone?
No. You have to have an insurable interest in the person's life in order to take out an insurance policy on their life.
Is catastrophic insurance a reliable insurance plan?
Catastrophic Insurance is an insurance policy that is minimum coverage and only protects you in the situation of a catastrophe. There would be no need for you to buy an insurance policy like that.
Should you have insurance when you buy into a hoa?
Absolutely, yes. Unless you can afford out-of-pocket expenses that will arise in the case of an insured event covered by the HOA's master policy, best practices dictate that you carry your own insurance. When you visit your insurance broker, take a copy of the HOA master policy with you. Buy the insurance that you require to protect your possessions and the parts of the interior that you own that are not insured under the master policy.
Does pre-existing insurance automatically become effective when you buy a used car?
Depends on your policy. Some do, some don't. Ask your insurance rep, get the answer from him/her in writing.
