Apr 5 2021, 04:54 PM
QUOTE(HumbleBF @ Apr 5 2021, 10:50 AM)
Hi thanks...glad to hear that the cover is legit.
1. My debts right now is only PTPTN, although I can foresee incoming debts such as car and house in the next 10 years. But this is not my concern right now.
2. Hmm..do you meaan funds to cover my premium during recuperation period? Never thought of this ..
ok that's great. so long you are sure of what you want. the CI payout fund is mainly to provide your living expenses in the event of unable to work due to recuperation from critical illnesses.1. My debts right now is only PTPTN, although I can foresee incoming debts such as car and house in the next 10 years. But this is not my concern right now.
2. Hmm..do you meaan funds to cover my premium during recuperation period? Never thought of this ..
say for example my current living expenses is monthly 2k. in the event of critical illness, say I wanna have additional RM500 for supplements due to that illness, so i will need average RM2.5k per month. so say i want a fund that can take care of that RM2.5k per month expenses for 50 months, I will wanna have a CI fund of RM137k ready (factoring 5% p.a inflation).
This is just a rough idea. so you yourself know best what your concern is and what solution you need.
This post has been edited by ckdenion: Apr 5 2021, 04:55 PM
Quote
0.0123sec
0.58
5 queries
GZIP Disabled