This is the latest plan in the market and it's very popular. By buying this plan you can put all your insurance needs in this one plan. It's best to put all your medical here. Please don't get carried away by the word investment as many people sometimes become sacred.
This is the most flexible plan you can choose to have a high cover or high investment. The biggest mistake people made is thinking all the while how he/she can invest and get high returns.
But most of them forget that the best investment is to invest in yourself by getting a high cover on yourself. Just imagine if something happens to you today let say an accident which is no fault of you, you are diagnosed with a serious health problem which nobody has expected as you are young, healthy, and active in the sports.
Let's say for example you are investing Rm 1000 per month in an investment which will give you high returns let's say 15% per year.
Let us do the mates,
Year 1; Rm 12,000 x 15% = Rm1,800 -You have total Rm 13,800
Year 2 Rm12,000 +13,800 =Rm25,800 x 15% = Rm 3,870 - You have total Rm29,670
Year 3 Rm12,000 +29,670 =Rm41,670 x15% =Rm6,250.50 -You have total Rm47,920.50
You can keep counting if you wish. After 3 years you have less than Rm50,000
Now if something happens to you in this 3 years, What are you going to do?
Which you may say or think nothing is going to happen to me right.
But just think with an open mind is it possible?
Why not Invest Rm500 a month and other Rm500 in Life insurance and get a high cover for yourself. You may be able to get a cover from Rm 200,000 to Rm 1 Million depends on your age, health, and Job. Make sure you are cover for the critical illness when buying your policy.
“A small payment today can make a big difference to how well your loved ones do after you’re gone or you are disabled”
The author can be contacted at 0133228582 for more information.
