Endowment Plan

Have you been noticing the prices of essential items such as food and fuel increasing? Rising inflation, an increase in the prices of goods and services, is affecting Malaysia today. The threat is expected to lower purchasing power for most Malaysians. During uncertain economic times not only in Malaysia but also the world, it’s important to know how to protect ourselves against inflation. Here are 3 effective ways to do so. ​ Source: Giphy Revise your budget Here are three things you need to look out for in your budget during high inflation: a) Try prioritising paying off debt. It

It’s easy to mix up life insurance and medical insurance as they are sometimes bundled under one policy. Knowing the difference between life insurance vs medical insurance can help you make educated decisions about your insurance coverage or determine if you are appropriately insured. In this article, we will delve deeper into the main differences between life and medical insurance. ​ Source: The Simpsons What is Life Insurance? Life insurance is a contract that pays your beneficiaries a death benefit if you die. It can also cover long-term care costs for total & permanent disability

Saving money is the foundation of financial security. It is the act of setting aside income first, which is one of the cardinal rules of personal finance. But while saving money seems relatively straightforward, many people find it a challenge just to get started for various reasons.    Putting away money doesn’t have to be difficult. If you’re feeling overwhelmed or unmotivated, these simple tips can help get you in the habit and become more aware of your finances and spending habits: ​ 1. Set up a monthly automatic savings plan  One of the easiest solutions to avoid any

There are risks in business and everyday life which can result in financial loss. To manage these risks, a common solution is to use insurance, where you transfer the cost of a potential loss to an insurance company. In return, the insurance provider charges you a fee called a premium, which you pay annually or monthly.     Everyone can benefit from having insurance. It takes on many forms but they all serve a primary function - as a buffer against unforeseen loss or damage. For this article, we will focus on the two types of insurance everyone should have - life and health

Whether you’re aiming to build your children’s education fund or save for a fulfilling retirement, it will require patience, sacrifice and of course, hard work. However, that doesn’t mean you have to do it alone — Gibraltar BSN Cash Star is here to help make it easier for you to achieve your financial goals, while offering you insurance coverage at the same time. Get Protected & Reach Your Financial Goals Gibraltar BSN Cash Star is a 20-year endowment plan that combines wealth accumulation and protection features. The premiums you pay act as a savings vehicle while also giving you the