Thursday, October 19, 2006
*LIFE INSURANCE*to nini.
haha.
life insurance.
is not get money only when u DIE
is get money for retirement.
which means.
the money u put in now, it will come back to u as cash in the future when u are old..
TOUCH WOOD if u die...money will go to your parents
TOUCH WOOD if u got disability...money will come in handy when u cannot work
TOUCH WOOD if u get critical illness...money can be taken for curing..then u dun have to be a burden to your loves one.
and not need to touch wood..confirm that we will live long long long.
MONEY WILL BE ROLLING BACK INTO YOUR POCKET..as retirement fund.
frankly speaking.
very rare ppl buy life insurance to claim for death and critical illness..
all wan money back de.
the best not to claim because ultimatly we wan to get the money back.haha.something like saving also lor.but with coverage as prioity.=p
I brought PAA not to claim leh.
i wan to earn from the investment!!!
so when i sorta retire..i got more money.
but is the coverage that i still think is important
that y i start now.
1. i gt longer investment horizon..which means veri very high chance i will earn alot from investment.
2. i wan the coverage.but i dun wan to pay so much for the sum assured.
so i start earli my premium also lower.
then even when i m 30 plus.
instead of paying $200 plus a month
i pay onli $100
see so these are the reasons.
u shuld start now.and pay for ya life insurance..
coz utimately the money is urs to spend when u are old.
u cannot expect ya parents to pay for ya retirement ba..haha..=p
but if they got the budget! then good..they can pay for u now.
for u to enjoy lower premium paid next time.
if not u can "borrow" from them 1st.=p
