Gifts worth RM435 with my car insurance
Was having supper with some friends last night and we were talking about how commissions were being squeezed out of unit trust and insurance agents.
Yesterday Star papers carried an article that commssions for unit trust investments from EPF would be halved from 6% to 3%. Considering that 80% of all investments are made using EPF funds, all unit trust agents would have their income drop by 40%.
I used to buy my car insurance from AAM but this month, I renewed my road tax with Fasfik. Insurance is sold by CIMB and underwritten by Allianz. Looks like the general & motor insurance agents are also going to lose their 15% commissions as customers like me are now buying directly.
Fasfik benefits of RM435 includes these FREE for 1 year:-
a) alighment and balancing
b) nitrogen gas fill and refill for 5 tyres
c) breakdown and towing service via commerce assurance
d) life time tyre puncture repairs
It’s time all these insurance and unit trust agents learn from me, more about how to enjoy a leveraged income and get to keep all their customers for life!.
