Insurance Talk Part 3
Ok lor...This is last post of this topic liao la..read Part 1 & Part 2 b4 this ahh...
After SQ joint our family..Fatty & me have consider to buy insurance for her..Just like lucky kids & kids today...We trying to prepare something for her future...But...hehe....some silly thought fly to me again....
An agent introduced education plan for us, she said guarantee good return and guarantee enough money for SQ oversea education expenses 20 years later....
Maybe I'm not a clever & hardworking student..So there is a sound in my mind asking me tat If SQ not good on studying, will she able to continue her study?? I'm not sure about it..I just take ppl around me as a sample...1 out of 100 r having good result to further study after University..
Fatty & I have common concept about this...so this education plan out liao...We believe if SQ really love to study, she will find her way to do it with or without family support...of coz with family support will be easier laaa...sure we will if money no a problem for us in the future, who knows? maybe fatty or me suddenly kena lottery ler...haha
2nd plan, SQ whole life insurance...Selling point..very cheap premium with the start of 0 age...20 years later oso same rate...Sound like no worse ohh..But I still refuse to buy this ... hehe....Here my reason ..1st of all I don't know y should I buy this...Normally ppl buying this kind of whole life insurance is for their family protection..coz the insurer won't get the payment..It claim after insurer died or permanently disability...Money is nothing if I lose SQ, right
3rd plan, endownment insurance..Selling point..claim the insured amount if anything happen to SQ or get the return 20 years later if everything going fine..1st point same as above..no need to talk liao...
2nd point..hehe...this one ur guys gonna say I'm very calculative liao...insured sum will pay directly to SQ after policy mature coz she is the insurer and we just the payer...If she a nice daugther, there is no harm for us to give her those money..BUT..again who knows? If she a kek saiy baba mama punya daughter...Do u think I will insist to give her huge of money? Definately No! Coz she fresh enough on her 18 or 20, I don't know wat she will do with this money...I can't stop her to waste it coz money is in her pocket liao maa...And how to ask her give back if she really wanna to use it?
**Agent gone crazy with my concept liao....hahaa **
Actually there is another point I consider seriously...Tat was wat I mention in SQ CNY Ang Pow liao..Any insurance buy under SQ name, she only able to get back the claim after 18 years old if anything happen to the payer...If something bad happen to fatty (manyak manyak tai kat lai si), SQ will get the claim on her 18...But how about the life b4 18?
After SQ joint our family..Fatty & me have consider to buy insurance for her..Just like lucky kids & kids today...We trying to prepare something for her future...But...hehe....some silly thought fly to me again....
An agent introduced education plan for us, she said guarantee good return and guarantee enough money for SQ oversea education expenses 20 years later....
Maybe I'm not a clever & hardworking student..So there is a sound in my mind asking me tat If SQ not good on studying, will she able to continue her study?? I'm not sure about it..I just take ppl around me as a sample...1 out of 100 r having good result to further study after University..
Fatty & I have common concept about this...so this education plan out liao...We believe if SQ really love to study, she will find her way to do it with or without family support...of coz with family support will be easier laaa...sure we will if money no a problem for us in the future, who knows? maybe fatty or me suddenly kena lottery ler...haha
2nd plan, SQ whole life insurance...Selling point..very cheap premium with the start of 0 age...20 years later oso same rate...Sound like no worse ohh..But I still refuse to buy this ... hehe....Here my reason ..1st of all I don't know y should I buy this...Normally ppl buying this kind of whole life insurance is for their family protection..coz the insurer won't get the payment..It claim after insurer died or permanently disability...Money is nothing if I lose SQ, right
3rd plan, endownment insurance..Selling point..claim the insured amount if anything happen to SQ or get the return 20 years later if everything going fine..1st point same as above..no need to talk liao...
2nd point..hehe...this one ur guys gonna say I'm very calculative liao...insured sum will pay directly to SQ after policy mature coz she is the insurer and we just the payer...If she a nice daugther, there is no harm for us to give her those money..BUT..again who knows? If she a kek saiy baba mama punya daughter...Do u think I will insist to give her huge of money? Definately No! Coz she fresh enough on her 18 or 20, I don't know wat she will do with this money...I can't stop her to waste it coz money is in her pocket liao maa...And how to ask her give back if she really wanna to use it?
**Agent gone crazy with my concept liao....hahaa **
Actually there is another point I consider seriously...Tat was wat I mention in SQ CNY Ang Pow liao..Any insurance buy under SQ name, she only able to get back the claim after 18 years old if anything happen to the payer...If something bad happen to fatty (manyak manyak tai kat lai si), SQ will get the claim on her 18...But how about the life b4 18?
Without fatty, I don't think I able to bear all the liability by myself!..House loan, car loan, monthly expenses..everything is money....I'm not from a rich family, so I can't count on my own parent nor my IL who is 6+ years old...Single mother or single father not easy to be ler...If I'm the one byebye 1st, I wish to settle some of the debts for fatty..then he no need to bear too much of burden lor...
I just set up my family 4 years ago, and we r run into debts...its make us breathless liao... So I won't start any instalment b4 I make sure is worth & able to bear this burden for a long term....Maybe after I settle some of the liability I will consider about SQ Education plan again
Yalor...eventho we refused to buy insurance for SQ. But I buy another endownment for fatty liao....need extra coverage for SQ....This plan quite nice wan ler..instalment for 10 years and get back 130% extra return 20 years later...No agent selling this plan actually coz only 4% commission ler.. Tat agent can't stand with my concept but wanna do business with me, so no choice to promote this to me...hahaa....
hehe..I curicuri some information for u guys...info given buy someone who is an insurance clerk..
For life insurance can earn 10 - 25 % per premiun, accident - 20%, general isurance 20 - 25% & etc..somemore can continue earn the same amount for few years per policy...So 1 agent with RM10K income is normal laa...
I just set up my family 4 years ago, and we r run into debts...its make us breathless liao... So I won't start any instalment b4 I make sure is worth & able to bear this burden for a long term....Maybe after I settle some of the liability I will consider about SQ Education plan again
Yalor...eventho we refused to buy insurance for SQ. But I buy another endownment for fatty liao....need extra coverage for SQ....This plan quite nice wan ler..instalment for 10 years and get back 130% extra return 20 years later...No agent selling this plan actually coz only 4% commission ler.. Tat agent can't stand with my concept but wanna do business with me, so no choice to promote this to me...hahaa....
hehe..I curicuri some information for u guys...info given buy someone who is an insurance clerk..
For life insurance can earn 10 - 25 % per premiun, accident - 20%, general isurance 20 - 25% & etc..somemore can continue earn the same amount for few years per policy...So 1 agent with RM10K income is normal laa...
6 comments:
choyy...I'm don't wish fatty get all my claim yet laaa...wait until I'm 'hate world' 1st laa...
You should read the money guide for the young fabulous and broke from yahoo. i quite like her take on insurance and wished I knew of them earlier. (MrB has bought many insurance policies). the author was saying that insurance is only for protection. period. and so you should get term. also, life insurance for kids is a rip off becasue should anything happpen to them, its a devastating loss that no money can replace.
ok, me an insurance agent, jus to put my 2cents. pls dun kill me if u guy don't like what i said huh....
i know many agets there work only for $$... so they talk talk talk til u buy or die. and the moment you say 'Yes' they ask u to sign ths sign tat n walk away, without explaining further.
that's why lots of people don't know or don't care what they have bought!!
i personally hate this kind of agent. Its them la who Spoil our name, reputation, spoil the market...*@#X$% talk about them oso naik api!!
ok MsAu, have you ever consider of plan 4!!??
lets assume someone has got a decease suddenly!! and needed a huge amount of $$$ to ammit the hospital. u know the hospitals la, see nothing but only $$.
"Mau masok arr, bayar RM10,000 deposit 1st la!!!! Mou Lui (no money) arr... go line up in GH la!"
you see what i mean, today the medical is so expdensive and the decease doesn't chosse people. adult or baby or young man or old man would get a chance to suffer from it!
do you think you could afford it with all your saving? if YES... why do you want to use all your hard earn money, instead of paying a small sum to get your protection.
ok thats my point i wanted to say. for me, by selling 1 policy, i am helping 1 more person to protect his/her asset.
i know its not Syok when paying the amount. believe me, me also suffer from paying the premium. but at least i pay it happily, because i believe it.
and lastly before you all start bombarding me, about the commisionn huh. we agent also human la, need to eat rice wan. every sales person gets his commision. the commision paid to us not only for buy eat, buy wear, buy live, buy milk buy lampin bra bra... also for us to survive until we sold our next policy la... manyak cham wan you know.
Loc1717
MrsB, agreed with u. Kids life insurance is a rip off. Insurance know the way to do best business..they know parent nowaday willing to pay for it, no matter is good or not.
Loc1717, Medical card hor? actually i bought for SQ liao lor..I admit it necessary if parent effort to buy it..Just abit dissatisfy tat we still need to share the expenses after pay for few hundred annually..compare to adult medical card, its not a full cover plan lor..I thing most of the Insurance company have change the medical plan liao..nomore 100% cover for kids, hor?
I think insurer won't mind to let u earn those commission laa...But must be an agent done their obligation..just like wat u said explain the detail and the useful plan for client..coz some of the insurer may not clear about what plan is suitable & useful for them..they just listen to agent 'professional' suggestion..An good agent should not go for target only lor..
Haiya, it seems i wil take ages to reply you la ... 排寫 :p
Most insurance company apply this co-insurance on their medical plan. means you have to bare 10% of your medical claims. company pays 90%. ok, i know its not fair to us, but its the whole industry trend... we can only cope with it :o(
This co-insurance thing apply to all insurance buyer. regardless aldult or child.
Your medical card pays you 100% may due to you bought that card Prior to the change, before 2001 (can't remember the actual date la).
paham??
hey if you got any question... just ask me. will try to get you the answer.
on the other way, me oso got lots of question to ask, about the blogging things leh... hehe :p
waa..u manyak professional ahh..hehe...due in insurance line very long time liao ahh?
yalaor..this medical kinda unfair to insurer..hehee..gotta pay few hundred every year, somemore have to share wan..haaii..but no choice ..nowaday medical fees manyak expensive wat...
Congra on ur new blog ahh!! I go to 剪彩 liao..haha
Post a Comment