The Kind of People Who Don't Need an Insurance Policy

Last year, I meet one of my friends. We were talking about an insurance matters. When I passed him my business card, then he said,

"Prudential? I took it last time. I pay for a while, but later I terminate it..."

I asked why,

"Because I did not claim anything, so i feel it useless..."

FAM Decision on Tan Sri Annuar Musa

Tan Sri Annuar Musa (TSAM), The KAFA President (Kelantan Football Association) is penalized with 30 months disarmament from all current posts in FAM (Football Association of Malaysia) & KAFA. He is not permitted to be involved in any football activities, including national and state football.

TSAM was claimed to make statement (criticizing) to the press/media about national team - Harimau Malaya without consent from FAM Congress (one of FAM Highest Level Management meetings).

Semuanya kini diinsuranskan [Kenderaan]

Kadang kala kita tidak pernah terfikir, yang kebanyakan benda di sekililing kita, sebenarnya dilindungi.

Bayangkan hari ini, segala-galanya mempunyai perlindungan / insurans. Tapi mungkin kita yang tidak sedar, atau pura-pura tidak sedar.

Setiap kali anda membeli kereta (baik yang baru, mahupun lama), kereta itu mempunyai mesti mempunyai insurans yang sah. Sekiranya tiada insurans baru dibuat/disediakan, maka proses jual-beli sesebuah kenderaan akan menghadapi masalah. Kereta tersebut tidak dapat dikeluarkan ke atas jalan raya, disebabkan tiada insurans.

Typical Question: "I am covered by the company..." PART2

At first glance;
"I am covered by the company, so no need to have another personal insurance plan..."

Yes. Very true. Of course no need for you to apply for another personal life insurance, if the company covers you. Most people think it is a waste to have 2 different insurance at the same time.

By calculation, yes it maybe a waste. Why should you spend additional money/personal money for insurance that may provide you with the same coverage. It is better to save that additional money traditionally, either keep it in bank or re-invest it somewhere, rather than keep it/re-invest it with an insurance plan.

On the contrary;

When should I buy life insurance? PART1

There are many answers to above question.

So When...?