With the advancement of medical technology, certain nations may experience a decline in healthcare costs as medical treatments become more accessible to the population. On the contrary, some nations might experience a rise in medical expenses due to a combination of factors, including Malaysia. In response to this issue, Malaysians are encouraged to take up personal accident insurance to combat rising medical and hospitalisation costs.

Fast-paced lifestyle
A modern lifestyle is not necessarily equivalent to a healthy lifestyle. Despite the rising awareness of healthy eating and regular exercise, busy schedules and hectic lifestyle poses a huge obstacle to leisure and relaxation that improves our personal wellbeing. Besides that, an underdeveloped public transport system has made private modes of transportation a preferred choice for many people to get to their destinations quicker and more conveniently. Nevertheless, this has caused road congestion problems and road accidents due to careless motorists and poorly serviced roads.

Ageing population
With an ageing population in Malaysia that is forecasted to rise to 6 million in 2040, the demand for medical services is rising, causing the prices to soar. Older people are particularly vulnerable to accidents at home and incidences of co-morbidities where they suffer from more than one disease condition at the same time. According to a study, some common medications consumed by older people in Malaysia are hypertension medicines, heart medicines and diabetes medicines. Additionally, the cost of caring for older people increases with age, as we consider hospital health services, family health services and pharmaceutical services.

Preference for medical specialists over basic medical consultants
Increasing living standards among Malaysians entails higher consumption levels. These days, it is common for patients that suffer from accidents or sickness to seek home-based remedies or individual treatments, a personalised service usually offered with higher fees. The market mechanism for medical services is controlled by a medical specialist and private medical institutions, resulting in a spike in medical costs — it is important more than ever to be protected with comprehensive personal accident insurance.

Conclusion
If you are looking for insurance that goes beyond providing accident coverage together with medical benefits, look no further than AIG’s MyGuardian Personal Accident Insurance. The insurance provides the opportunity to enhance the coverage with optional add-on packages — all together in a single, comprehensive plan. Learn more about the product here: https://www.aig.my/personal/personal-accident-insurance-myguardian-online!

The Common Ground Experience

Common Ground is not just a workplace but a community. Introduced in 2017, now we have workplaces in Malaysia, Thailand, and the Philippines. In 2019, Common Ground won Best Coworking Space in the ASEAN Rice Bowl Startup Awards. There are four main products: private serviced office kuala lumpur, shared office rental, fixed desk, and virtual office.

Beyond the advantages of obtaining a sense of community within coworking spaces, it might be cost-saving and cheap. When you’re just starting an organization, this can be a good way to reduce your initial prices. Coworking spaces are also usually located all around the city or country, so you’ll be able to work anytime.

Common Ground’s private workplaces come many rewards- the area is broken free the fixed desks, along with the office itself should be accessed 24/7 and locked for additional protection. A free of charge 12 hours are extensive for your use of our own meeting rooms. Printing extras include 500 pages of black & white printing or 100 pages of colour printing.

Rental a workplace comes with plenty of its own benefits. Location is a great benefit- by renting an office, your choices become a lot more attractive! Most importantly, it means your costs and expenditures will be lessened substantially, and you can expenditures working capital.

Having a fixed cubicle at Common Ground is a superb reward for compact start-ups and teams- no pressure about leasing an enormous space and overpaying. Fixed desks give you all the talents of an open-working surrounding, as well as many networking benefits. Free of charge, 5 hours accessibility to our meeting rooms is provided, and printing services.

Always on the go with no time for a real office? Consider utilising Common Ground’s virtual office bundle! Using the virtual office, you’ll get a company address, mail management, and special discounted rates on tables and conference rooms at any one of our locations. We also offer you your own business landline number through the Hello CG app!

Check out the Common Ground site to find out more about the huge benefits of each of our packages! Don’t think that you will need to dedicate straight away either- it is possible to book a test run to discover how space matches your needs. Visit https://www.commonground.work/ to reserve a period and serviced office kuala lumpur location that works well perfect for you.