Claim(s) for Breakage of Glass in Windscreen or Window Does Not Affect Your NCD

With so many car thieves around and also events which may cause the breakage of our car windscreen and window, I think it is wise to include the coverage for breakage of glass into our car insurance policy.

One important item to note here (which I noticed that a lot of people is still unaware of) is that if we make a claim under the breakage of glass in Windscreen or Window or SunRoof, it will not affect our NCD (No Claim Discount).



There are terms and conditions applied here, so it is essential that we double confirmed the above matter with the insurance agent before taking up any insurance.

Buffet Dinner at CINNAMON restaurant, One World Hotel

My friends and I went there on Thursday 17 September 2009 for Ramadan Buka Puasa Dinner. It is priced at RM98++ per person.

There is a lot of food to eat but my favourite is the seafood especially the oyster and salmon. I had two plates of seafood and definitely not going for any chicken except for a small piece which is attractive because it is roll with turkey ham.

My ABC become “Air Bandung Campur” because I took too little ais and I put too much sirap.

Upon payment of our dinner, they gave us a souvenir to bring home.

Additional Tax Relief of RM3,000 for Saving with SSPN

SSPN stands for Skim Simpanan Pendidikan Nasional.

For those of you who has fully utilized your EPF and insurance premium to reduce your tax, you may consider to open an account with SSPN because saving with them also entitled tax payer to claim a tax relief up to RM3,000 per year.




There are 3 categories of SSPN’s accounts:

Category 1:
An account opened by the parents/guardian OR any Malaysian FOR any Malaysian whose age does not exceed 18 years old and it can be maintained until the age of 28 years;

Category 2:
Malaysians whose age is 18 years old and above, have the option of either opening the account on their own OR being opened by their parents/guardian; and

Category 3:
Malaysians whose age is 29 years old and above, have to open the account on their own.

Saving can be done through e-SSPN (for those who have savings accounts in Bank Islam Malaysia Berhad, CIMB Bank, Hong Leong Bank, Public Bank Berhad and Maybank) or alternatively you may get the application form from the abovementioned banks.




For details, kindly log into website:
http://www.ptptn.gov.my/web/english/savings/gen-info
http://www.hasil.gov.my/lhdnv3e/individuIndex.jsp?process=21000&menu=34

It is very Important to check your EPF Nomination (Penamaan KWSP)

Please check your EPF nomination to see

a) if the person that you have nominated tally with the record in the EPF and
b) if EPF has your nominated beneficiary names inside their record.

Earlier, I accompanied the daughter (Yin, not her real name) of my deceased client to inform EPF of the deceased and to claim the EPF monies only to be informed that her father has never made any nomination. Everyone in my deceased client’s office knows that he made his nomination but we do not have any prove for that.

EPF informed us that they computerized all nomination (penamaan) from 2000 onwards. In other words, any nomination made prior to 2000 is treated as “NOT nominated”.

As the result of that, Yin needs to bring her mother to claim the EPF monies. After a lot of hassle to prepare all the required documentation and running works, EPF now disburse the money to her mother’s bank account on monthly basis and not in lump sum.

In such case, I can see the advantage of doing that is to prevent misuse of EPF monies by the deceased’s family and also the family is able to enjoy dividend from EPF who at least guarantee at 2.5% per annum as compare to less that 1% if they would to put the monies in the bank.

The bad side would be what most people would think – “Hey, that one is my father/mother’s monies, how can EPF keep it for their own investment benefit. If I have the lump sum, I can invest it in property, share, unit trust or any business, I may be making double of what EPF offering.”

It is best that you keep a copy of the nomination form so that you or your family had proved that the nomination is being done.

I have spoken to many friends on this. Many said they would do it. But how many really take the effort to do it, I doubt! Come on, my friends! You work so hard so that your family is able to live a good life, why can’t you take a few hours off from work so to ensure that in the event of your sudden demise, your fruit of hard labour is being enjoyed by the right person at the right amount? Anyway the decision is yours! It is your money after all!