Based from my experience, insurance is good but make sure you have extra cash on hand in case of any emergency. For eg... someone passed away. For the chinese, of course a funeral would cost thousands of ringgit. The lowest also is around rm10K. If you are expecting insurance money to cover, you'd better not hope so far as the process is kind of slow to have the money drawdown to you. (you can expect to have a funeral with a decomposed body don't cha?)