A Very Affordable Ease of Mind

Question 1: Do you have RM50,000 for an emergency? (eg. hospitalized, cancer, accidents)



Question 2: Can you save RM3.00 a day?

If your answer is NO for the first question and YES for the second, then I will be glad to inform you that I will be able to help you make Question 1 a YES for you.

It's not expensive to own an insurance.

Financially, we need to put our money into 3 components:

Savings
Protection
Investments


The financial gurus say that you should save 10% of your net income (after you have spent on what is necessary).

Then you need to protect your finances for your outstanding loans, dependant family, children, spouse and many other money-sucking activities.

Finally, you are asked to put whatever little EXTRA you have left into investments to GROW your money wisely. Money put into a savings account is meant for cases of emergency. But even so, not everyone can save RM2,000 a month.

A simple food poisoning, which you end up in a private hospital for 3 days, will cost you RM2,000.

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Insurance can help you save. When you 'save' RM3.00 a day, you are giving yourself RM50,000 to handle situations where we usually end up asking "WHY, GOD? WHY ME?".

Compare saving RM3.00 in the bank and RM3.00 with me...

RM3.00 a day in a bank will give you about RM15.00 interest a year. If you are hospitalised, you might have RM12,000 to spare, after 5 years.

RM3.00 a day with me will give you RM50,000 immediately when in hospital or if you're diagnosed with cancer.

How many people you know have or knows someone who has cancer?

I can name 3 offhand.

If you have read this whole post until here, then you should give me an email at clowno@gmail.com.

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Singapore's Top 10 causes of Death in 2006 (taken from http://www.moh.gov.sg/mohcorp/statistics.aspx?id=5526)

Cancer 28.5%
Ischaemic Heart Disease 18.5%
Pneumonia 13.7%
Cerebrovascular Disease (including stroke) 8.9%
Accidents, Poisoning & Violence 6.3%
Other Heart Diseases 4.3%
Diabetes Mellitus 3.3%
Chronic Obstructive Lung Disease 3.3%
Urinary Tract Infections 2.0%
Nephritis, Nephrotic Syndrome & Nephrosis (kidney inflammation) 1.7%

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