Jan 20 2015, 09:51 PM
QUOTE(1868 @ Dec 3 2014, 02:55 PM)
Hi, can I ask I have two housing loans;
House 1; I loan up to RM150K
House 2; I loan up to RM210K
I have bought life insurance of RM200K as agent proposed me when I have taken up housing loan. Should I take up another life insurance policy up to RM160K coverage; as same to match my housing loan amount of total RM360K?
Please advise.
How much does it cost? I mean for the 160K insurance.House 1; I loan up to RM150K
House 2; I loan up to RM210K
I have bought life insurance of RM200K as agent proposed me when I have taken up housing loan. Should I take up another life insurance policy up to RM160K coverage; as same to match my housing loan amount of total RM360K?
Please advise.
I'm covered quite heavily on insurance too, but it still doesn't cover my full loan amount due to my budget do not allow but I intend to do when I'm more cash free
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