hello people,
I'm in mid 20s. two agents approached me with two different proposals, respectively
Agent 1:
-Death 80k(99yr)+TPD 80k(70yr)+CI 80k(99yr)+AL=990K +Investment
RM200 per month very straight forward.

Agent 2:
Suggest buy medical-investment linked, buy another life insurance standalone(traditional)
Medical linked investment=1.9k per annum
Life insurance itself=800 per annum
RM225 per month

Why buy separate? Pay life insurance rm800 for entire life, CI value increases.

Investment linked plan (from agent 1) price will be reviewed and thus increases when i get older, life insurance incorporated in it will be more expensive.



Which is reasonable?

This post has been edited by bettachick: Mar 8 2016, 07:10 PM

I wanted the most basic medical and life insurance. I have a budget <200 per annum.

I'm not too sure if the proposals they presented is too much for me for my age now or I need to actually plan to prepare for future (their selling point )


But if I want to upgrade, I can do in future right?

This post has been edited by bettachick: Mar 8 2016, 07:24 PM

My intention is just to get a medical card to cover my bill expenses and also life insurance just in case , I'm gone and for my fam. Not so fond of investment thingy because im good in saving.

I didn't know donate blood have this privilege? They got record ah?

Thanks for the info +1