Most value for money would be online. RM 100k term should be no problem getting online.

I think I just saw GE make an announcement to.

I think the key question is what are you getting it for if it is for funeral expenses then perhaps it's ok.

Insurance is about what we call risk transfer. That is the transfer of the risk of something happening to a potential cashflow. The idea is that if something happens to a source of cash flow the dependents are taken off. If there are no dependents it doesn't make sense to pay.

Some agents try to sell this concept of buying a big policy so you have more to spend now and still be able to leave a large legacy. Statistically, you will have a higher chance of having less as compared to investing the money yourself else insurance companies would not be able to make money.

Perhaps you could elaborate a bit more on the rationale for buying life insurance for your ageing parents as we may have missed something out in why you are doing it. Like perhaps your parents are still supporting some of your sibling's education.