Insurance Agency Services Companies in Malaysia

INSURANCE AGENCY SERVICES COMPANIES IN MALAYSIA are responsible for the sale and service of insurance policies. They are regulated by the Malaysian Financial Services Commission (FSC).

There are two types of insurance agencies in Malaysia: life insurance agencies and general insurance agencies. Life insurance agencies sell life insurance policies, while general insurance agencies sell non-life insurance policies.

Most insurance agencies in Malaysia are affiliated with insurance companies. They are appointed by insurance companies to represent them and sell their products.

Some insurance agencies are independent and not affiliated with any insurance company. They offer products from multiple insurance companies and help policyholders to compare and choose the best policy for their needs.

Insurance agencies earn commissions from the insurance companies for every policy they sell. They may also charge policyholders a fee for their services.

Policyholders can contact insurance agencies to make changes to their policies, submit claims, and get general information about their policies.