just thought of sharing

We spend money to buy something for the satisfaction of possessing it. But life insurance is a product we can’t see, can’t touch, and probably can’t enjoy it either in our lifetime. Why should we buy life insurance then?

Protect your wealth

This is the main reason people buy life insurance. Nobody likes to see his hard earned money all swept away in diseases related disaster. We work hard in our whole life to increase our economy value. There is no guarantee that we can enjoy a long life to realize our economy value. Only two things are certain: tax and death. When death arrive sooner that we thought, life insurance will be our wealth creation tool to instantly generate the cash we could have earned.


Show your love to your family

“We love because it’s the only true adventure.” - Nikki Giovanni
Love is indeed an adventure. Our life is an adventure too. It is full of risk. We can show our love in a thousand ways when we are still around. But when we die, how are we going to love our family? At least, life insurance can take care of our family’s financial well-being.

( i always tell my frens. make full use of PTPTN loan, in life, theres two road. )

A) left road = dying too young
B) right road = dying too old

no matter which road u choose, u still got to plan, dying too soon, all these while, u guys have been goin out to play, where does ur money comes from? dun tell me u earn it all by urself.. where? parents, so if we left the world even before we work, how are we goin to repay them>? dun say wont so ngam, ask urself is there a possibility? i'm sure its yes. u guys dun feel selfish? ok, even i u leave the world without leaving anythings for ur parents, but dun lah, leave the world still wan to ask them to bare the funeral expenses..

with only rm150 per month, is it too much to do something small for ur parents?

trust me, u guys sure agree with wat i say ( dun ask y ) is whether u guys wanna admit it or not, it depends whether u guys still wanna continue running away from ur duties and responsible as a child or not.. ASK URSELF??


Show that you are a responsible person

Did you ever notice that most of the victims who died in road accidents didn’t buy life insurance? I can say most of them have none or buy only a tiny sum assured. An irresponsible person drives recklessly and carelessly almost all the time. If you are a responsible person, you will care for others. Certainly buying adequate life insurance shows that you are responsible and trustworthy to your spouse, your children, your parents and the one you love!
Our health is deteriorating everyday
Do you know anyone who is getting healthier everyday? By the time he is 100 years old, he is at the peak of his health condition. He can live on forever! Gosh, people are getting older and this is an undeniable and unstoppable fact. Our health is deteriorating every minute. We never know the exact time a disease will strike us. Fear of illnesses motivates people to buy life insurance.


Practice the habit of 'forced savings'

When we face the shortage of cash, withdrawing money from our life insurance policy is always the last resort. In the fear of losing the life insurance policy, we are forced to make the regular premium payment. In the long term, life insurance is a great saving tool. It forces us to save for the future, and also for the unforeseen disaster.

Funding a 'trust' ( learn from genting )

A trust is an arrangement under which one person, called a trustee, holds legal title to property for another person, called a beneficiary. People create maintenance trust to provide regular income for family. The cheapest way to fund a trust is using life insurance. The cost of premium is only a few percentage of the trust fund we intend to create. For instance, paying premium of $1000 annually is able to get a life insurance policy worth $100,000 for a person below age 30.


Charity

A charitable trust is a trust established for charitable purposes. Charities may take the form of charitable trusts, companies and etc. Some wealthy entrepreneur buys insurance to fund their charitable trust.

There are so many valid reasons you should buy a life insurance. So can u determine whether your insurance coverage is adequate at this moment? are u sure?

shorty 5

think about the article above, and ask urself honestly, is it true?

u can avoid responsibility now, but till how long?