Feb 3 2012, 03:17 AM
QUOTE(hey_there @ Feb 3 2012, 01:10 AM)
Believe it or not, I'm an agent for so many years and I swear to God that I never ever sold a policy that prioritise my commission first. Needless to say, not all agents r like what u all said.
And FYI, investment link policies r much more lower than any traditional policies. I would say there r a lot of unscrupulous agents out there and u just have to buy from someone whom u can trust and will be there when it comes to claims.
As for comparison, there's nothing much to compare as insurance r much or less the same in terms of prices. The only thing that u need to compare is 1. Benefits of medical card (credit limits, hidden t&c, kidney/cancer cap) and most importantly 2. Insurance agent. To some, an agent might be earning a lot. 6 years of commission but whole life of after sales service.
And FYI, investment link policies r much more lower than any traditional policies. I would say there r a lot of unscrupulous agents out there and u just have to buy from someone whom u can trust and will be there when it comes to claims.
As for comparison, there's nothing much to compare as insurance r much or less the same in terms of prices. The only thing that u need to compare is 1. Benefits of medical card (credit limits, hidden t&c, kidney/cancer cap) and most importantly 2. Insurance agent. To some, an agent might be earning a lot. 6 years of commission but whole life of after sales service.
not all insurance agent are bad , n educate a customer is not a thing tad make their commision lower,
when u sell protection to them u educated them as well so they noe wat they have n not, i strongly reject dreamer opinion agent will not educated client coz fear of reduced commision.
only "salesman(in insurance industry" will do that, a True life insurance agent will look after client benefit 1,by educating a customer it is actually generating more business as they will always refer their fren and close 1 to a True agent who sell with heart.
insurance is always PROTECTION,if ppl start mixing it with return then there will be various thing to be argue.
take my own policy for example,
male,27,no smoke,class 2 job.
rm 100 per month, i protected for rm180k life/tpd
rm180 critical illness
and auto payor in event critical illness.
and i got another policy for medical card..
rm100x12= rm 1200 per year
my age 27, assume that i can live till 100 i will be paying premium amounted to rm 88,800
rm180k - 88,800 i pay = 91200+
one might argue the value will be not the same anymore which i fully agree
but can i really live tad long?
the onli thing i know is that in the event i die today ,next year ,next 5 year 10 year or 20 year
i would have at least leave in peace of mind knowing my family member and love 1 will have financial protection
that is the reason i buy insurance,for protection for myself and love 1,
Insurance= Protection
Insurance = Love + Responsibility
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