Rule of thumb is like you pay a tenth of your salary,
that covers 10 times your annual income in event of death/disabilities.
How much can a RM 150 insurance plan cover?
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 Apr 2 2021, 04:54 PM
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Senior Member
2,338 posts Joined: Oct 2014  
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Apr 2 2021, 09:58 PM
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#2
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2,338 posts Joined: Oct 2014
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QUOTE(honsiong @ Apr 2 2021, 07:31 PM) My goodness that amount is very high. Not much if you have multiple dependents, like kids in colleges, elderly parents in 90s.  QUOTE(contestchris @ Apr 2 2021, 07:42 PM) This is just downright BS. ok, happy investing and have a nice weekend.Any individual should only ever need life insurance (quantum depends on debt to asset ratio of the individual) and a medical card. Everything else is just fluff and you are better off investing that money. This post has been edited by cklimm: Apr 2 2021, 10:05 PM |
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Apr 3 2021, 08:17 PM
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QUOTE(HumbleBF @ Apr 3 2021, 06:02 PM) I do also have a company insurance, which my company provided and they wrote it much simpler, Sum assured 30k for kidney dialysis aand cancer . + Surgery covered full and has medical card as well (inpatient and outpatient etc.) |
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Apr 5 2021, 05:12 PM
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QUOTE(geekofIT @ Apr 5 2021, 05:05 PM) RM77/mth can cover 1m medical coverage already, including outpatient kidney and outpatient cancer. RHB insurance plan. link please |
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