Bernice Yip Email & Phone Number

People asked me why insurance and not continue teaching. As an educator, I continue to educate the public about what insurance can do for them and their loved ones.Have you ever asked yourself what happens to your family if you die unexpectedly?Have you prepared sufficient funds for them to continue to live the same lifestyles they had and be financially protected, or leave them to struggle when you are gone?What is the fastest and easiest way of wealth transfer if you are not around? Insurance can be your best solution even if you have a will. It is magical when you need it most if you are the sole bread-winner of the family or single parent as:- 1) Wealth multiplier - preservation of estate value for the next generation. 2) Wealth transfer immediately - smooth wealth transition without going through probate and court processes.3) Liquidity - multi-purpose solution, get funding for different purposes and needs within days4) Non-probate Assets - the insurance proceeds payable are creditor proof, and the assets your family received are secured. Estates are subject to creditors’ claims and liabilities. However, insurance proceeds provide instant cash to the family.5) Legacy planning - may not be complete for your loved ones without a life insurance policy. In a scenario, you may have a gross value of RM10 million. But after deducting all liabilities, loans, taxes, professional fees, etc., your estate is left with a balance of RM2 million. Insurance payout can be the gap filler.Insurance is also a long-term personal plan.One way that I assist clients in reviewing their insurance coverage is to address any gaps that surface and to propose solutions that benefit their wealth protection. With an income protection plan, they are protecting the biggest asset of their lives, the ability to earn their income. They can live the best life when they cannot work. By creating that financial safety net, they could have peace of mind and enjoy financial independence and retired life with dignity.

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  Business Owner

  Great Eastern

  Jan 2020 - Present - Kuala Lumpur, Federal Territory Of Kuala Lumpur, Malaysia

  When I discovered the power of insurance and what hope it brings to the society, I decided to transit from a Mathematics tutor to an insurance educator because teaching is my passion.I encountered with families facing hard landing of their lives when I started to teach about insurance. Here are some of the scenarios that happened:- 1) He was hospitalized for bacteria in blood and liver abscess. Due to some complications, he was almost 7 weeks and 38 days in ICU. The total hospital bills about RM747,000.00. His medical coverage helps to ease his company’s cashflow and his family from financial burden.2) My colleague and I went to visit the family of the policyholder who died of a freak accident. The widow in her grieving and mourning sees hope for her two boys when we handed her a cheque from the insurance process.Shaun was entering tertiary education and Adam was 13 at that time.3) A single parent, an accountant got stroke was in hospital for about two months. Medical bills were RM305K. Her company paid RM200,000 and her medical card paid the balance. Her 3 children policies premium was taken over by the insurance Co till age 24.Insurance is to hatch against risk. Life is so vulnerable, we faced death, disease, and death (3D).People suffer because they lack of knowledge about the benefits insurance to their lives in their financial planning, wealth management for the future you. If you like to know more, if you have a family and are concerned about your financial situation and like to know more, let have a conversation.Send me a message. “ If I have a way, I would write the word ‘insure’ upon the door of every cottage and upon the blotting book of every public man, because I am convinced, for sacrifices so small, families and estates can be protected against catastrophes which would otherwise smash them up forever”....Winston Churchill (UK) former Prime Minister

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  Glasgow Caledonian University

  Human Resources Management And Services