Saturday 7 December 2013

WHAT POLICY TO BUY






NO ONE PLAN TO BE POOR IN OLD AGE.
BUT MANY JUST DON’T MAKE A PLAN NOT TO BE”


WHAT POLICY TO BUY

The most important I will recommend is a Life policy with full Medical Benefit
      
        (Not a standalone Medical Card)
 
WHY

Medical is very expensive today and you will never know whether you will be able to buy a Medical plan again based on my personal experience of 18 years in insurance.

Case 1
Child 2 months old father bought a Life policy with full medical benefits. On the
 3rd month child was diagnosed with a hole in the heart , if the father had waited for few months the child will never be able to own a medical plan, now he will enjoy the insurance free for the rest of his life or his medical limit.

Case 2
A young Engineer starts working and bought his first policy with full Medical benefits. Just one month after his policy was in force he fell from a building under construction and became total permanent disable. He will enjoy the full medical benefit the rest of his life for free or until his medical limit and received Total Permanent Disable Benefits every year.

Case 3
A 1 9 year old girl bought her first policy after getting her first salary just after 3 months she was diagnosed with Leukemia. She will enjoy full medical benefits for the rest of her life or until her medical limit.

Case 4
A 32 year old man bought a policy just 24 hours and died in a motorcycle accident. The policy was still underwriting. Full amount was paid to the wife.

Case 5
Simon bought a Medical cards for his family he have been paying for more than 7 years. In 2008 have some financial problem and was unable to make the payment all the family medical Policy's lapse.
In 2009 Simon apply for new policy and when for a medical checkup. Simon medical record show's he was having diabetics since 2005. Simon will never be able to buy any medical Insurance . 

 
YOU PAY A BANK 9% OR MORE FOR A DEBT WHY NOT PAY US 3% - 5% FOR AN ASSET”




About the author:Kertar Singh has joint Great Eastern Life Assurance in August 1995 as a part time agent.
Became a full time agent in 2000 after retiring from the army after 22 years.
He deal with all kind of Insurance from Life Insurances to General Insurances and Will Writing.
Kertar.en@gmail.com
H.P 013-322 8582
Notes: Reference have been made from MII and Gela






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