“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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