Do you have #HomeInsurance or just the normal #FireInsurance?

Recently, I have read quite a number of bad news about fire happened in HDB flats and coffee shops in HDB block (above image). Check out the recent news reported by The New Paper from the links below:
http://www.tnp.sg/content/neighbours-save-man-blaze-and-find-showering-sister-also-trapped
http://www.tnp.sg/content/fire-marine-terrace-coffee-shop
http://www.tnp.sg/content/gcfire
http://www.tnp.sg/content/hero-makes-several-trips-save-neighbours-fire-hdb-block
http://www.tnp.sg/content/5000-set-aside-chinese-new-year-flames
http://www.tnp.sg/content/kids-scream-help-grandpa-sleeps-during-fire
http://www.tnp.sg/content/family-lucky-escape-fire

Hence, I decided to write about Fire Insurance as well as Home Insurance. Aren't they the same? Some may ask.

Actually, they are different.

If you have a home loan in Singapore, it will come with the requirement that basic structural or fire insurance needs to be taken up compulsorily.

For condo or private apartment, the whole block may have been registered as a Management Corporation Strata Title (MCST) property, then it is the legal responsibility of the Management Corporation to insure the building and the common property against fire damages. However, the Fire Insurance taken up by MCST does not cover full home contents and your home renovations. This fire or structural insurance cannot cover your home in the event of burst pipes and theft too.

So is the same for the HDB fire insurance that costs only a few dollars for 5 years. It only covers structural damages to your home's interior or any HDB provided fixtures.

So do you know about all these before today??? If not, you need to take action.

Our home may be our most valuable asset and so we should protect it from any damages and destruction due to fire, theft or unforseen circumstances like bursting of pipes that can cause substantial financial losses. Hence, we also need to protect our home with a Home Insurance that provides comprehensive coverage for loss or damage to your renovation, household contents, personal belongings as well as personal liability.

With a home Insurance then can we have a peace of mind.

If you want to take immediate action now but do not know what to do, please email me at esendsure@gmail.com

#Car CCTV cameras up at 10 spots in Singapore to enforce illegal parking

Hi drivers,

Be careful if you decide to park anywhere for your convenience!

From 14 April, Close Circuit Television Cameras (CCTVs) will be used at 10 locations to enforce against illegal parking. This expansion follows after the successful trial at Marine Parade Central and Beach Road where the use of CCTVs have resulted in improved traffic conditions in the area.

The 10 locations are:
• Beach Road (near Golden Mile Complex
• Marine Parade Central (near Parkway Parade)
• Upper Bukit Timah Road (after The Linear)
• Ardmore Park, Draycott Park (near Ardmore Park and JC Draycott)
• Commonwealth Avenue West (Clementi MRT, both directions)
• Serangoon Central (Serangoon MRT, near NEX mall)
• Boon Lay Way (Boon Lay MRT, near Jurong Point)
• Bishan Road (Bishan MRT)
• Jurong Gateway Road (around Jurong East Central, near Jurong East MRT)
• Jurong West Street 63 (Pioneer MRT)

30 locations were selected for the installation of CCTVs, and these are primarily public roads which see a high incidence of illegal parking, as well as locations where the illegal parking situation impedes the smooth flow of public buses and raises safety concerns for pedestrians and other road users. The CCTVs at the remaining 20 locations will be progressively installed and are expected to be operation by the end 2014.
The CCTVs will be operational all day, and motorists are advised to observe the parking regulations and be considerate to other road users. We will continue to monitor the effectiveness of the CCTVs and review the need for expansion to other areas.

Frankly, I was booked once at Marine Parade Central when the camera was newly installed. I had always parked there around 10pm to 11pm to use the DBS and UOB atm machines located just outside the side entrance of Parkway Parade for the past years, as there is not much traffic by that timing. However, that night was the 3rd time I parked along that road after the camera was installed. Nothing happen to me for the first 2 times, so I assumed it was a dummy camera only, However, no 3rd time lucky, I got fined $70 just for about 10 mins of convenience. So, better don't try your luck. Obediently find a car park and park your car, unless you have too much money to contribute to the government.

This news was extracted from
http://www.straitstimes.com/breaking-news/singapore/story/cctv-cameras-10-spots-deter-illegal-parking-20140404

There are 2 kinds of #carinsurance Buyers. Which kind are You?

Do you know that there are actually 2 types of Car Insurance Buyers; they are

1) Those who get a quote from just one company and might end up paying way more than they need to,  

or

2) Savvy ones who pay rates considerably below the norm 

If you have been casually following the news about the car insurance industry over the past few years, you could be forgiven for believing that rates have skyrocketed and continue to climb. The real story is that, as a result of relentless consumer and regulatory pressure on insurance companies and claim matters, car insurance rates in many cases have actually dropped.(See my earlier blog posting at 

http://esendsure.blogspot.sg/2014/03/motor-insurance-premium-collected-last.html) 

Of course, don’t expect your insurance company to let you know you could be getting coverage for less. Of all the monthly expenses that can be reduced with some time and effort, car insurance tops the list.  But, of course your time itself is worth money. Most of the time, many car owners do not take the time to research if they could be getting a better deal.  It is a trade-off between perhaps paying more and spending hours of your time getting quotes from multiple insurers.

However, the possibility is, when it comes to car insurance, the savings to be had by doing a little comparison shopping can be huge – often hundreds, if not thousands of dollars!  

More importantly, there are now many insurance brokers or individual insurance representatives make it remarkably quick and easy to get multiple competitive quotes, so that you can easily find the lowest quote.

Most people are amazed by the huge differences between the quotes and their current rate after they have tried the free service.

Bottom line: It is simple to find significant savings fast, and contrary to what many people believe – it is easy and cost-free to change insurance carriers anytime. Consumers are never locked into a policy for any period of time.

So, if you are interested but still not sure how this works or you simply want to get started to get more competitive quotes, send me an email to esendsure@gmail.com to find out more!

Stay Calm and Enjoy It #Liverpool #LFC #Suarez

Liverpool defeated Tottenham Hotspurs 4-0 during their English Premier League match at Anfield in Liverpool, northern England on March 30, 2014, to climb to the top of the Premier League for the first time since December 2013. This win fuelled the growing conviction inside Anfield that Liverpool can win a first English league title in 24 years. What a long wait it has been!

Luis Suarez scored the 2nd goal (his 29th goal this season) with a left-foot shot across the Spurs goalkeeper Hugo Lloris and into the bottom corner, making him Liverpool's highest scorer in a single Premier League season, surpassing the record of my all-time favorite Liverpool player, Robbie Fowler.

Now, both players are my all-time favorite players and both are powerful with their left foot and I am left-footed too but I have never use it in a match for a long time already. I only play kid soccer with my 8-year-old boy and some kids once in while. Ha ha!

With 6 matches to go including another 2 very tough home games again Manchester City and Chelsea, Liverpool will have to stay as calm as they can be and focus on each game at a time. If they keep on playing as a team and with its great bunch of individual who can turn on the magic and finish off the game, I believe Liverpool will still be at top of the table at the end of the season and we shall celebrate!

This dream is coming true!

YOU WILL NEVER WALK ALONE (#YWNA)

#Car Part 1 Aren't you worth much more than your car? >>> Part 2 Chun bo???

Part 1

Mr Speedy: How much is the car insurance premium for my Mazda 6?

Insurance Agent: $1,000 for this year.

Mr Speedy: Very good! This year's premium is cheaper than last year by $150.

Insurance Agent: Yes, because your No Claim Discount (NCD) has increased to 50%.

Mr Speedy: Ok! I will pay the full amount by credit card.

Insurance Agent: Thanks, Mr Speedy! By the way, do you have personal accident insurance coverage of $1,000,000 for yourself?

Mr Speedy: No!! Why should I have so much coverage? $1,000 annual premium some more? So expensive!!

Insurance Agent: But aren't you worth much more than your car?

Part 2

Mr Speedy: (Must think of a rejection line)....Oh! Actually, I love my car twice as much as myself. Ha ha!

Insurance Agent: I see..... (Thinking hard)
Insurance Agent: So that means you will pay $500 on yourself since you mentioned that insuring your car for $1,000 is cheap.
(Feeling excited) Ok! A personal accident plan with Accidental Death & Permanent Disablement benefits of $500,000 plus Medical Expenses benefits of $5,000 at an annual premium of $490 before GST, should work for you right, Mr Speedy?

Mr Speedy: Are you saying, I need to pay $490 a year to cover myself for $500,000 in accidental benefits? Hmm, I think it is still too expensive. (So easy to get me meh)

Insurance Agent: So Mr Speedy, how much should the premium be then it is reasonable for you?

Mr Speedy: I think I can set aside $1 everyday drinking 1 less cup of Kopi-O, since it has increased in price and my wife has also been nagging me to cut down on my coffee consumption. (Ha ha! Now, see how you can provide me with $500,000 coverage with just $300 yearly premium)

Insurance Agent: So that works out to be approximately $300 yearly.

Mr Speedy: Yes, you can say that.

Insurance Agent: Ok! I am proposing to you another personal accident plan with Accidental Death benefit of $500,000, Permanent Disablement benefits of $200,000 plus Medical Expenses benefits of $3,000 at an annual premium of only $299 before GST.

Mr Speedy: (Shocked!) Chun bo???


Do you think it is possible that this Insurance Agent can really come out with such a personal accident plan for Mr Speedy in Singapore?

Look forward to your polling comment.