HWG Jerome Chou

Anybody know what is D&O and how it can help you and your business and responsibility?

💼 Director & Officer Insurance (D&O Insurance)

Chinese: 导演及高级人员责任保险

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🔍 Definition

This is an insurance policy designed for senior management personnel such as company directors, CEOs, and managers. It protects them from personal financial risks should they be sued for errors in decision-making, negligence, or dereliction of duty while performing their duties.

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🧾 Coverage

If a company, shareholder, employee, or customer sues a director/executive,

D&O insurance can cover the following expenses:

✅ Legal fees and litigation costs

✅ Compensation or settlement

✅ Investigation or regulatory agency costs

⸻

🚫 Excluded Circumstances

❌ Intentional illegal or fraudulent conduct

❌ Improper personal gain

❌ Known but undisclosed risks

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💡 Example

Suppose a company suffers losses due to a director's flawed decision-making, and a shareholder sues,

D&O insurance can help the director pay for legal defense and compensation,

preventing them from "losing their fortune" due to their work decisions.

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📊 Suitable for:

• Directors, CEOs, and CFOs of listed companies

• Private limited companies (especially those with external investors)

• Board members of non-profit organizations

What is the difference between PIDM and TRUST?

🏦 PIDM (Malaysian Deposit Insurance Corporation)

🔐 Coverage:

• Only covers bank deposits: savings, current accounts, and time deposits

💰 Coverage Limit:

• RM250,000 / per bank / per customer

🏚️ In case of bank failure:

• PIDM will compensate according to the insured amount

🎯 Suitable for:

• General depositors

• Those who only need basic "bank deposit security"

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⚖️ Trust (Trustee Act 1949 & Trust Companies Act 1949)

💼 Assets that can be held in custody:

• Funds, real estate, company shares, insurance proceeds, etc.

• No upper limit on the amount

🛡️ Security Mechanism:

• Trust assets are segregated from the assets of the trust company

• Even if the trust company fails:

👉 Protected by law, trust assets remain independent and unaffected by liquidation.

📘 Trustee's Legal Responsibilities:

• Manage assets according to the trust deed.

• Must comply with the law and the trust's purpose; otherwise, they may be held liable.

🎯 Suitable for:

• High-net-worth individuals

• Those seeking wealth transfer or estate planning

• Those wanting to protect their assets from risk and inheritance disputes

• Those wanting to leave their wealth to their family "in a specified way"

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🔍 In short:

PIDM = Deposit security (RM250k limit)

Trust = Overall wealth security + Continuous inheritance (unlimited)

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🏛️ Why are trusts more important for those with over RM250k?

✔ Broader protection

✔ Stronger asset independence

✔ Unaffected by bank failures

✔ Planned distribution options

✔ Transgenerational wealth transfer

If your assets exceed RM250,000,

a trust is a better fit than a PIDM as a "true wealth security structure".

“保险信托”印花税减低 – HWG Asia 随着2024年金融法令在12月31日生效后,设立“保险信托”的印花税在新的法令下将大幅度递减,例如:两百万令吉保额的印花税从六万四千令吉减至一千令吉。 投保人寿保险就是买保障而非储蓄(还有很多比储蓄保单更好的商品,例如:...

Our journey is priceless, we work hard, we play hard, we create friendship, abundance and wealth..

We are specialise in Estate planing.. If you don't know what it is, then it is time for you to like and follow my page. I will share more along my journey.

Blessing to all my friends and clients.

I asked many people whether they have will, majority said no.. I ask why? He said " I don't need it yet"..

Do you even have a Trust? He said "my dad don't have, so I don't have too"..

Is that what you are thinking? If yes then you have to buy me a coffee.. I will tell you my story...you won't regret it.

Actions is always louder than thinking.

💡 Peace or Dispute — Which Side Will You Choose?
Having a Will isn’t just about planning ahead —
it’s about protecting the people you love most.
A single piece of paper can decide your family’s future — but how?

✅ With a Will
✔️ Processing time: only 3–6 months
✔️ Assets are distributed according to your wishes
✔️ Family matters are handled smoothly and clearly
✔️ Simpler process, lower cost

⚠️ Without a Will
❌ Processing time: over 1 year
❌ Assets are distributed by law, not by you
❌ May cause family disputes and frozen assets
❌ Even simple matters become more costly

💬 If you don’t write a Will, the law will decide for you.
Plan today — and leave peace of mind for your family 💗

💡 一边是安心，一边是纷争——你选哪边？
拥有一份遗嘱，不仅是提前规划，更是为了守护您最爱的人。
一纸遗嘱，决定家人的未来——为什么这么说？

✅ 有遗嘱
✔️ 处理时间仅需 3–6 个月
✔️ 资产可 依照自己意愿分配
✔️ 家人处理过程更 顺利、清晰
✔️ 流程简单、费用更低

⚠️ 没遗嘱
❌ 处理时间 超过 1 年
❌ 资产将 依法律自动分配
❌ 容易引发 家庭纠纷、资产被冻结
❌ 即使流程简单，费用也更高

💬 你不写遗嘱，法律就会替你做决定。
现在就为家人留下安心的未来吧 💗

If you understand trust, it can help you in major ways. Do you want to know how?🤔

Let's talk about solution customization for you and your family.. 😊

Great productivity today.. Thank you for the support and the trust and also the continuous referral.

We believe on solutions to solve people's needs. Looking forward to serve more people.

【每周智慧】行动的勇气

🦅🦅🦅🦅🦅

Proud to be one of the team. Looking forward for the next session...

🎲 HWG Goes to University! As part of our mission to promote financial literacy among youth, HWG continues to collaborate with universities across Malaysia to make learning about money engaging and practical. 💡 Last Friday, together with the Accounting & Finance Club of Heriot-Watt University Malaysia, we hosted the Money Move Cashflow Game — giving students hands-on experience in money management, investment decisions, and financial planning through play and strategy. 💰🎯 It was inspiring to see future financial leaders in action — learning, thinking, and having fun along the way! 👏 Empowering the next generation to make smarter money moves, one campus at a time. 💪 #HWG #holisticwealthgroup #HWGNextGen #HWGCampusConnect #excellencecreatesabundance #THRIVE #Redefined #HMUM #AccountingAndFinanceClub #FinancialLiteracy #CashflowGame #FinancialEducation #EmpoweringYouth

Financial AIScam..!! 😱😱😱 Be vigilant! Gain knowledge to protect your self. 😎😎

Have you noticed how much cleverer scammers are getting these days? Before, you could usually spot their tricks a mile off. Now, their methods are far more sophisticated.

Scammers are now using AI technology, which can do some pretty scary things, like perfectly imitating someone's voice. Just imagine getting a call that sounds exactly like a family member or a friend who is in trouble and desperately needs money. It's getting much harder to know if it's genuine.

It doesn't stop with voices, either. They can also create fake videos. Your face, or the face of someone you know, could appear in a video saying things you never would. They use this to trick people into giving up their bank information or transferring money straight to them.

This isn't just a problem for individuals. Small business owners and even large companies are being targeted. They are particularly active during holiday periods, trying to catch people off guard.

So, we all need to be extra vigilant. Don't be too quick to trust unusual calls or messages, even if they seem legitimate at first glance.

😎😎

People are just not paying attention to this important matter. Most people assumes that nothing will happens to them, and everything will be taken care of. The question, is WHO?

We spent our life to build our wealth for our self and family but most people always forget how to secure and protect it. So for this. We will be having a Webinar this Saturday sharing how to protect your hard earn empire.

Pm me for more info..

【Dato'Chua Class】Trust & Legacy Planning-The 5 Things You Must Know

An individual’s true wealth is not merely measured by how much can be accumulated in times of prosperity,
but by how much can be preserved in times of adversity.

Genuine wealth succession goes beyond passing down assets — it is about building a resilient structure that withstands uncertainty. As a mature and sophisticated wealth management tool, a trust can effectively isolate risk and ensure asset independence, safeguarding family wealth through major life events, regulatory changes, or internal disputes. Only through forward-looking planning and professional structural design can the integrity of family assets be truly protected.

🛎️【How to Register for the Class?】
1️⃣ Please click this link: https://event.webinarjam.com/register/18/vp4ygc9
2️⃣ Scroll down on the webpage, find 【Register】, and click to enter.
3️⃣ Enter your personal information.
4️⃣ Start accessing the course.


🎯 Trust & Legacy Planning-The 5 Things You Must Know
🎯 Speaker: Dato' Eagle Chua
🎯 Date: This Saturday
🎯 Time: 3.00-4.30pm
🎯 Language: English
🎯 Venue: Your Home-Zoom Class

💥Limited Seats! Hurry Up! Register Now!


What can you learn❓ 🤔🤔🤔
💰 What is a trust?
💰 What problems can trust planning solve?
💰 Is having a will enough for estate planning❓
💰 What is the concept of wealth creation❓
💰 The secret to wealthy families lasting three generations
💰 The wisdom of creating, protecting, and passing on wealth.

🦅🦅🦅🦅🦅

🌏 世界越 AI，越需要专业理财规划！ 💼

在 AI 快速发展的时代，理财规划师的价值只会越来越高。
想探索一个具备长期发展潜力、可持续成长的专业领域？

欢迎参加我们的线上分享会，了解如何在 AI 时代掌握财富管理机遇！

📅 日期：21/8/2025（星期四）
🕗 时间：8:30 PM – 10:00 PM
📍 ZOOM Webinar（扫码/链接报名）
https://us02web.zoom.us/webinar/register/WN_v6HrXQHDTU6_BcgwfpeYkQ

#理财规划师 #财富管理