DISCOVER the Road to Financial FREEDOM!

It is a kind of insurance that provides coverage for consequences associated with journey. It is typically purchased when a person is going for booking of a trip. It usually provides coverage for the duration of a trip. But you can also purchase extensive or continuous policy from travel insurance companies, agents, or directly from operators. One drawback to buy policy from operators is that it does not provide good coverage as compared to policies offered by insurance companies.

Major Coverage Provided

Major coverage provided by any policy includes Trip Cancellation, Trip Interruption, Lost Luggage, Default protection.

Trip Cancellation

Traveler may need to cancel the trip due to unexpected conditions and illness.

Trip Interruption

Trip may be suddenly terminated due to illness or unavailability of hotel.

Lost Luggage

Traveler may lose his luggage and he has to face extra expenses.

Default Protection

Trip cancellation due to sudden stop of services of tour operator.

Who can get the policy?

It provides coverage for different kinds of travelers.

Traveling groups that can get coverage by travel insurance policies are as follows:

Student, Business, Leisure, Adventure, Cruise and International travel.

Risks Covered by Good Policy

A good policy must cover the following risks.

• Medical expenses
• Emergency evacuation/repatriation
• Overseas funeral expenses
• Accidental death, injury or disablement benefit
• Cancellation
• Curtailment
• Delayed departure
• Loss, theft or damage to personal possessions and money (include legal documents such as passport, tickets etc.)
• Delayed baggage (and emergency replacement of essential items) -Legal assistance
• Personal liability and rental car damage excess

Additional Coverage that can be purchased from Travel Insurance Company

Additional cost coverage is also provided by some policies. But this depends on the policy provider. Separate policy can be purchased for certain risks that are not covered in common policies. These risks include:

• Pre-existing medical conditions( e.g. Asthma, diabetes)
• High risk Sports (e.g. Skiing, scuba-diving)
• Journey to high risk countries ( e.g. war, natural disasters or terrorism)
• Common Risks that are not considered by Travel Insurance Policies
• Pre-existing medical conditions are normally not covered
• Pregnancy related expenses are also not considered
• Accidents or illness due to use of alcohol or drugs is left uncovered in most policies.
• War or terrorism is also not covered in policy but some plans also cover this risk.

Travel insurance companies offer their services 24 hours a day, 7 days a week. These services include full staff support and emergency tour assistance. It comprises 5-7% of the total cost

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Everybody is feeling the pain now with recent price increase of RM0.78 sen a litre for Petrol and RM1 for diesel. It is NOT surprise everyone is looking to save petrol money by installing Natural Gas Vehicle (NGV) kit.

NGV is among the cleanest burning fuels in the world. Test have shown that vehicles running on NGV produce average 70% less carbon monoxide and other harmful compound compared with Petrol powered vehicles. It is also result Environmental friendly and Lower of car maintenance charges as Engine parts like spark plugs, engine oil, oil filter and exhaust system stay cleaner.

Safety measure like not smoking, avoid using mobile phone and turn off the engine while filling NGV should be adhere all the times.

I have been wondering whether NGV usage is safe? I have been reading a lot about NGV at paper lately and thinking installing the NGV kit for my car and this question popped up.

If you are a NGV user, what your views on this? Please do share your comments.

From next month, mobile phone users in Kuala Lumpur will benefit from the "Mobile Number Portability”(MNP) system which allows them to switch Service Providers while retaining their numbers. These facilities will be available throughout the country from October 2008.

Countries like Hong Kong, the United Kingdom, the United States, Europe, Australia, South Korea and Taiwan have benefited and implemented this system. The Malaysia Government thru Malaysian Communications and Multimedia Commission(MCMC), wants to enhance the mobile phone coverage from the present 92 percent to 97 percent by the end of 2010 through a programme called Time 3.

By using MNP system, you can take your Mobile Number from one Service Providers Network to another. It enables you to retain your existing mobile phone numbers when changing from one mobile network operator to another mobile network operator.

I  am using MAXIS Operator Number (017-345 XXXX) and can switch my mobile network service to other competitor either CELCOM or DIGI without surrender my existing number(017-345 XXXX) to CELCOM or DIGI. How Cool? J

This is useful when some Network Service is stronger in certain area compare to other operator especially when driving in hilly road. Whenever I want to call, No more "No Network" problem! I notice when in certain areas like building, the mobile reception vary among the service provider.

Before this if we Not Happy with our existing operator and want to change Network service, we got to get a new number. Changing phone numbers would be a big inconvenience for me, as I did not want to spend time updating my friends and family members of the new numbers.

It definitely will improve mobile phone Connectivity and Domestic Roaming nationwide. Consumer now have Greater choices and can select service providers based on the Price, Quality And Type Of Service.

I expect competition to intensify once MNP is launched, as Service Providers could reduce call rates or offer better packages to attract rivals’ customers. DIGI has launched four new postpaid plans-DG250, DG150, DG50 and DG20. The DG250 gives customers free local voice call and SMS to any Network at anytime for rm250 a month. This is the best package in town if you are a Heavy user! .

Look like Consumer is the BIGGEST Winner here.

I expect More goodies to come…………