Yes... No need cancel.

Just re-adjust the plan and continue with it. Be sure to know what you had reduced and give a fair protection to yourself, as well as fair returns of value for later year high premium.

Be sure to know that if you choose to increase your premium at later time may subject to underwriting.

Actually PA is not expensive. If you have some extra money to go for it.. why not? Since now being on the road is 10 times more dangerous than 5 years ago. It can be as low as RM110 per year with RM 100k coverage and more.

Medical Card, I have to disagree.. You can't wait till you resign and left with nothing only start buying.
Remember it is always subject to underwriting.
You don't have to buy any high package, just something sufficient for yourself will do and subject to review every 5 year to see the current hike in medical fees can sustain you in 30 years later.

Hospital Income
It is all on your choice


I will always remember is, buying insurance is good but should not over burden yourself and do not take words from outside agents such as you can get such returns or such returns. Insurance is insurance and is never a finance.

This post has been edited by davidlow7: Jun 26 2012, 01:48 PM

You may need to sit down again with your agent and have all these sorted then ask him to re-explain to you base on your newly adjusted plan. On your cash value and etc.

He as an agent is bounded to service his clients for the rest of his life. If you find him not doing well, you have the right to do the necessary.