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Showing results for tags 'Principle'.
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talk big, now balls small when threatened to get sued. molina han and amanda tan is joseph ong chor teck. somehow the message was passed to joseph and tr agreed to change the name later? Temasek Review agrees
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Hi, to all MCF members. I found this article very interesting and would like to share with all of you. It was written by one Stephen Covey. Quote : What is this principle ? 10% of life is made up of what happens to you. 90% of life is decided by how you react.......... Kindly read the attachment to understand the meanig of 90 - 10 principle. The90-10Principle.pdf
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From BizTimes: ONE important change to the NCD, or 'No Claim Discount', accompanied the GIA's adoption of the 'Barometer of Liability'. Previously, getting a discount on your automobile insurance premium depended on the principle of 'No Claim'. This meant the only way a motorist could enjoy a premium discount was if no claim was made against his policy, either by himself or others. For example, if Driver A claims under his own policy for repairs to his own car, his NCD is affected even if the accident that led to the claim being lodged was entirely the fault of Driver B. To retain his NCD, Driver A has to claim against Driver B, who was responsible for the accident. Driver A then furnishes proof to his insurer of the successful recovery of his claim in full. But 'No Claim' now operates on the 'No Blame' principle. This means that even if a claim is lodged by a motorist against his own policy for repairs to his car following a collision with an other vehicle, the NCD - the name remains the same - will not be affected if it is clear that the accident was caused more by the fault of the other party. And 'No Blame' is interpreted as a situation where the motorist is 20 per cent or less to blame for an accident in terms of the 'Barometer of Liability', rather than a strict situation of no blame.