Hi,
What is the monthly/yearly commitment for pure life insurance with sum assured of 600k? Prospect is male 35 yo and non smoker.
Insurance Talk V5!, Anything and everything about Insurance
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 Jan 7 2019, 11:14 AM
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Jan 8 2019, 02:17 PM
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#2
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QUOTE(lifebalance @ Jan 7 2019, 03:50 PM) Pure life insurance as in term insurance without investment? Yes. Is to replace mrta/mlta purpose. |
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Jan 8 2019, 02:19 PM
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QUOTE(Mr.Weezy @ Jan 7 2019, 06:12 PM) Professional answer Me and my siblings are paying for our parents insurance using one of my sibling cc, no issue at all. Better go to check with your insurance provider agent. Just what the industry needs :thumbsup: |
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Jan 8 2019, 02:21 PM
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QUOTE(ckdenion @ Jan 7 2019, 03:39 PM) Hi nakedtruth, assume you want to go minimal premium, 600k pure life insurance is RM250/month with policy sustainability up to 64~68 years old. you can also let us know you want the 600k coverage until what age then from there premium needs to be adjusted again. That is on the high side? Is it pure life insurance only? Coz this is to replace mrta/mlta. |
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Jan 9 2019, 02:51 PM
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#5
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QUOTE(ckdenion @ Jan 8 2019, 04:56 PM) low side - up till 64 y/o Hi,high side - up till 68 y/o * estimation only. the plan is a life insurance that covers death and TPD benefit only. i thought your MRTA/MLTA is supposed to be pure life insurance also?  care to tell us more?The high side referring the premium... sorry for the confusion. Yeah im looking for pure life insurance... based on the premium it seems mrta is lower. Need to consider it. |
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Jan 9 2019, 02:54 PM
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QUOTE(Simplified @ Jan 8 2019, 02:57 PM) If you mean sustainability 64-68 is on the low side. Anyone else care to explain 'sustainability in layman term'? I didnt mean the sustainability on the high side. Is just that the premium is on the high side comparing to mrta... but mrta is pay lump sum park with the loan... the life insurance can pay monthly...600k i believe is pure life only. You can add additional critical illness on top of it however you like. Rgrds Nigel |
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Jan 25 2019, 08:54 AM
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#7
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Hi,
There are so many insurance out therr. What are the criterias we should look in choosing the right insurance? Maybe looking for ILP with medical card coverage. Thank you. |
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Jan 28 2019, 11:05 AM
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QUOTE(JIUHWEI @ Jan 25 2019, 09:38 AM) Maybe we can start with what your concerns are..? Probably the medical bills.That's always a good place to start, right? |
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Jan 28 2019, 11:07 AM
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QUOTE(Holocene @ Jan 25 2019, 09:01 AM) Start with these in mind. Yeah this is the general... all insurance provider offer similar what distinguish among the insurance provider?Protection: - Life/TPD: For family and TPD income replacement - Medical card: Medical bills - Critical illness: Income replacement - Personal Accident Best, Jiansheng |
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