Investment link plan is popular because people don't like the idea of paying something monthly and not able to get something back. Can you imagine how most Malaysian will react if the agent tell you this :
"Okay so boss you pay RM600 a year. If you enter hospital we kautim the bill between RM2k to RM100k. But if you healthy healthy your RM600 burn. Btw the premium may go up next year".
Confirm customer rage say insurance cheat people etc.
We need to educate the public more on the purpose of insurance. I've seen too many cases of people not understanding why they're buying insurance.
This post has been edited by Kaerna: Jan 31 2018, 10:29 PM
Investment linked insurance vs normal insurance
Jan 31 2018, 10:28 PM
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