I am paying rm 310/month for my medical ins & invesment link. I am thinking to terminate those policies because I'm in urgent need to save up more money. I need to move my business to new location so i need speed cash. My investment will only come to maturity in another 15 yrs. About medical, paying for insurance is easy, but claiming back is hard due to all the rubbish excuses this & that. Most of the ins agent can drive luxurious cars thanks to people's premium paid by their hard sweaty money. The economy is getting very slow doesn't look promising in the soonest time. Many shops are closing down due to lack of business chances. My shop at current location, doesn't really support my life expenses. & I'm not the kaki shopping or clubbing type also, still not enough money use. Where got extra money for ins? The ins company actually "borrowing" our premium to invest on other business also, just they way they persuade us to buy making us feel like it's prone to health. My policies already more than 5 yrs. With the economy getting weak, i feel rather safer keep my money with me than giving them luxurious life. Besides if really illness/injuries come up will it be as easy to claim. When my agents try to psycho me into buy/upgrade plan they always come to my shop & be my customer. After i buy and paid for quite some time, they started get away from me & eventually become "not-my-customer". Every month paid sure will have receipt, he waited to kumpul 2,3 receipts together only send me. Basicallyi have to wait half years to get my payment receipts as proof. I feel like what the f**k, u wan me buy u always come to me, after getting wat u wan u do like turtle-speed. Im losing bit by bit confidence in insurance. Better my money stays with me than making those agents rich. To send my receipts to me doesn't even cost 5km trip.

Doesn't it feel silly when we try to claim for medical, & forced to go through all the documentation & by-form requests , after all its our own money?? We paid premium & suddenly become ins company's money pula. We want tack back we have to ask their permission. I was silly enough to trust them before. Now maybe should seriously think to stop wasting money.

saving money in ins investment basically the same with u saving by ur own la bro. Even if reaching maturity u get back the money, how high is the "interest"? Just the same with bank interest or maybe higher a litlle bit only. Ur money is alot safer when it's with you. Ins agent is like melayu said, "hangat hangat tahi ayam" only, when they get wzt they wan from u, u will never see them come find u dy, u just be silently paid them premium & they will be driving merz, harrier, audi with ur hard earned money.