[/quote]saving insurqnce？ pa insurance？

This post has been edited by skyblack4492: Nov 20 2013, 03:39 PM

cos unker feed their pockets tight tight with loads of cash.

salah replied.

This post has been edited by limfreelance: Nov 20 2013, 03:50 PM

https://forum.lowyat.net/topic/3037945

Buduh

roystevenung Ada orang nak beli insurans.

sorry, indianet slow, replied in wrong thread. paiseh paiseh.

None. Do the savings in pure savings like bank FD or ASNB, never in insurance.

When you look at insurance, you are buying the coverage associated to it. The cover is NOT FREE and RM 100 that you put in perhaps RM60 will be used to buy you the cover.

This is why if you choose to surrender the plan in one year, if you put in RM1200 per year, you will only get back RM 400 maybe lesser.

Do not get brain washed by insurance agents selling and promising you high returns. At least for bank, you can withdraw it after one year. For insurance savings, you will need to wait a minimum of 20 years before you can touch that money.

<----- honest agent

Terimakasih Tuan Speaker fazlythewarrior

This post has been edited by roystevenung: Nov 20 2013, 04:53 PM

Savings plan, to actually benefit from it you need to be young wheb you buy . Old people buying can't break even lol.. Savings plan is for people who do not save at all so having something is better than 0

[quote=skyblack4492,Nov 20 2013, 03:30 PM]

[/quote]saving insurqnce？ pa insurance？

[/quote]
Insurance =/= investment.

Insurance can't make you rich, but when unfortunate happens it will prevent you to become poor.

Do not get brain washed by insurance agents says an Agent

one time I saw a brochure my Mom got from her friend, about one plan

some insurance coverage, not very big

but as for the savings part, even though the commitment/payments are small, simple calculations reveal the customer would be essentially buying the product to lose money... the return was so small that it represents a loss when compared to/discounted at the regular term deposit savings rate

the cover is limited, so I would assume no claims, or no chance of a claim... meaning the cover would be worth nothing

to a layperson the product might seem nice with all the promises of "cash"

can consider buy Term Insurance + Hospitalisation + Critical Illness

forget about returns

very honest.... but wont that affect ur $$$ and productivity and ur immediate officer/supervisor?

eh.. the 1st 2 years very little cash value due to agent commission sapu most of your premiums first ler.

roy tung unker, you deserved to be belanjaed teh tarik

but dont ask me to buy insurance... just belanja while tokok only

i'm still waiting for our lunch..

Trust in this business is not easy to gain and not overnight gain. It is a long term business and giving the clients the best advice takes us a long way.

health insurance. take one, cut your hand. claim ..... PROFIT!!!