{"id":121767,"date":"2017-11-27T06:00:58","date_gmt":"2017-11-26T22:00:58","guid":{"rendered":"https:\/\/www.hoi.my\/cms\/?p=121767"},"modified":"2018-04-06T18:37:24","modified_gmt":"2018-04-06T10:37:24","slug":"lower-sum-insured-low","status":"publish","type":"post","link":"https:\/\/www.hoi.my\/cms\/lower-sum-insured-low\/","title":{"rendered":"Lower Sum Insured &#8211; too low"},"content":{"rendered":"<p class=\"p1\">There is lots of jargon out there explaining this in terms and such.<br \/>\nToday, we at HOI want everybody to understand this matter in a very simple term.<\/p>\n<p class=\"p1\">When your sum insured is too low involve in an accident where damage cost higher than the amount insured.<br \/>\nMost cases, the Insurance or Takaful operator will likely declare your vehicle a total loss<\/p>\n<h2 class=\"p1\">What happens when a claim made for a total loss?<\/h2>\n<p>Like damage repair during other normal claims.<br \/>\nThe damage\/replaced part which paid then, will be own by the company Insurance or Takaful company<br \/>\nSince they pay for it, they will have the rights to re-sell the part as the new owner.<\/p>\n<p class=\"p1\">That is for parts<\/p>\n<h2 class=\"p1\">What if an Insurance\/Takaful company pays for a total claim of loss?<\/h2>\n<p class=\"p1\">Your vehicle is no longer owned by you<br \/>\nThere will be the same status recorded in JPJ system<\/p>\n<p>This means if you manage somehow to rebuild the car.<br \/>\nYou will not be able to renew your Insurance\/Takaful nor Road Tax<\/p>\n<p>To understand why we share this information<br \/>\n<strong>Read more:\u00a0<a href=\"https:\/\/www.hoi.my\/cms\/5-reasons-buy-insurance-takaful-online-direct-hoi\/\">https:\/\/www.hoi.my\/cms\/5-reasons-buy-insurance-takaful-online-direct-hoi\/<\/a><\/strong><\/p>\n<p class=\"p1\">\n","protected":false},"excerpt":{"rendered":"<p>There is lots of jargon out there explaining this in terms and such. Today, we at HOI want everybody to understand this matter in a very simple term. When your sum insured is too low involve in an accident where damage cost higher than the amount insured. Most cases, the Insurance or Takaful operator will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":121768,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[52,20,981,11],"tags":[15,1077,1079,22,1078],"yst_prominent_words":[280,1082,1085,203,1080,386,1086,1084,200,1083,1081,206,297],"yasr_visitor_votes":{"stars_attributes":{"read_only":false,"span_bottom":false},"number_of_votes":0,"sum_votes":0},"_links":{"self":[{"href":"https:\/\/www.hoi.my\/cms\/wp-json\/wp\/v2\/posts\/121767"}],"collection":[{"href":"https:\/\/www.hoi.my\/cms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hoi.my\/cms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hoi.my\/cms\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hoi.my\/cms\/wp-json\/wp\/v2\/comments?post=121767"}],"version-history":[{"count":0,"href":"https:\/\/www.hoi.my\/cms\/wp-json\/wp\/v2\/posts\/121767\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.hoi.my\/cms\/wp-json\/wp\/v2\/media\/121768"}],"wp:attachment":[{"href":"https:\/\/www.hoi.my\/cms\/wp-json\/wp\/v2\/media?parent=121767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hoi.my\/cms\/wp-json\/wp\/v2\/categories?post=121767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hoi.my\/cms\/wp-json\/wp\/v2\/tags?post=121767"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.hoi.my\/cms\/wp-json\/wp\/v2\/yst_prominent_words?post=121767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}