hi friends
i currently holding onli life insurance from great eastern

any others tat need for additional?

wanted yr feedback
thanks

[quote=dreamer101,Dec 30 2006, 11:11 AM]
Feralee,

1) Do you know what kind of life insurance that you are having?
Life + saving with bouns

2) Do you know how much cash value do you get back in the end of the term?
every year will have 7%- tat wat been told

3) Do you know how much you are paying every month/year?
RM150 per month

4) Do you know what is the actual return that you get for the cash value that you get in the end of your term?
They do send me at statement. Need to calculate

5) Do you know if you are buying TOO MUCH life insurance?
Dont know, only holding 1 from GE

6) How do you know if you are buying TOO MUCH life insurance? Hint: if life insurance is your ONLY savings, you are buying TOO MUCH.


7) How old are you?
now is 25
i bought tat when i was 21

8) Do you have 3 to 6 months of expenses or income save in a savings A/C or FD?
NO

[quote=dreamer101,Jan 4 2007, 10:30 PM]
1) If you ONLY have insurance and NO other savings, you are saving too little money and buying too much insurance.

2) ) Are you living with your parent?
yes

3) Are you paying your parent every month?
yes

4) Do you have any dependent? Aka someone besides yourself that you supported financially?
Paying for car

5) In general, you DO NOT buy life insurance if you have NO dependent

Dreamer

i know this plan can be claim only if the person KO

dreamer101- thanks
nvm since already bought
yeap looking foward for medical & those 36 critcal illness

any insurance to intro?