Life isurance is a coverage for your famliy whereby something happens to you and you family gets coverage. The main reason for life insurance is that we never know when we would die. Most importantly if we die, how about the love ones that we leave behind. How are they going to survive without you not feeding them and taking good care of your responsibility towards them. In order to secure their needs we life insurance to meet the basic need of after death.
There are different kinds of life insurance policy, some my even cover all and some just as basics. This so call life insurance can be turned into pension plan wearby you live long enough to the full maturaty date. All the sum that are collected from you are then returned in full with some dividen.
In< Malaysia life insurance are still not favourable, but then just stop and think of your love ones. What will you give them when you die, a whole load of debt to be settle and a house on mortgage. Life insurance is a step towards a safer future. Here are some list of insurance company.
No comments:
Post a Comment