100,000 - life insurance,
100,000 - pa,
100,000 - diagnosis major illnesses.
10,000 - total & permanent disability.

are you married btw?
if you are single, i suggest maybe you can reduce
amount issured for life & major illness to around 30K-50K each
while on the other hand get a much better medical card
as we know medical expenses is gettting higher each day

1. i think a plan within RM120-RM150/month with a good medical + hospitalisation will benifit you i guess.

2. Pls remember to ask ur agent to include the PAYOR ( continuous guranteed ) in case
touch wood, anything happen the plan will go on free for life.

3. the life & pa can reduce, because atm you alreaddy have coverage from ur company

4. Dont worry about no money buying a house, as because ur salary wont fix at RM2400 - RM2700
in couple of years i think you should be alright . . .

life insurance is to provide your dependent coverage
it's only covered when someone is death or diagnose with TPD ( total permenant disability

for personal coverage it's important to have a medical card/crictical illness as we know the medical bills are sky high nowdays

dont get mix up


the min is guaranteed. However, the max is not. Why? Because it is a livestment link, it can gove you more return compare to Life insurance(fixed 4~5%). U wan more, then u need to take the risk.

Investment-link does not guaranteed any percentage of return. . . normally insurance company project a lower returns compare to the actual
fund performance to the clients. Only endowment plan provide guaranteed returns for 3-4% + dividen declare on yearly basis depending on company performance.

Worst case senario A: If Samy Velu is to be Malaysia PM tmr, RM1 per unit drop till RM0.5 cents, initially your savings/investment from
RM10,000 will be RM5,000. Dont worry will not happen

Senario B: Over a 3-5 years period of time, if the unit price increase from RM1 per unit to RM1.50, initially you gain 50% from ur savings/investment

This post has been edited by Colaboy: May 13 2008, 02:41 PM