The right timing to get an insurance policy is :

1) When about to get admitted into Hospitals.
2) Just before accidents happen
3) Just before getting a sickness
4) Just about to die ( out of question )

So are you able to get it in time ?

The bottom line, you have a choice not to buy also.

There are a lot of uncertainties out there, death is the only certainty.

This post has been edited by SKY 1809: Oct 18 2008, 04:33 PM

Well, today's approach is based on NEEDS BASED, rather than hard sell.

If your NEED is much higher than what you HAVE, then there is a shortfall in your insurance coverage.

On other hand, if your NEED is smaller that what you HAVE, then you have enough of insurance cover.

Sometimes, it could be based what you WANT ( or desire ). Let say, what lifestyle do you intend to have after retirement ?

Lifestyle, living in Kampung could be diff from that of KL. Diff costs involved. Cannot compare with one another.

Sometimes, it would be on a dream, like what estates do you intend to pass down to the children, education, house etc.

Bottom line, you need to feel comfortable with the budget cos it is long term commitment.

This post has been edited by SKY 1809: Oct 18 2008, 08:16 PM