Protection Plan

You have decided to be proactive about your financial future and are now considering which insurance plan to take up. Congratulations!  Insurance is an essential part of a solid financial plan, as it protects you and your loved ones from a potential financial crisis caused by unexpected setbacks.    As you look through the proposals prepared by your insurance agent, you are probably wondering how much money you should be allocating each month for your premiums.  The general rule of thumb is to set aside 5% of your income to pay for your insurance. Having said that,

The cost of healthcare has been increasing yearly with Malaysia having the third highest healthcare inflation rate out of 11 Asian countries at 12.7%. This is something we should take note of as we need to be financially prepared for the unexpected, especially when it comes to healthcare. That’s why we are encouraged to have adequate health insurance protection in the event that we fall sick – and this applies to both medical and critical illness (CI) insurance. Most of us are familiar with medical insurance, which helps us with covering the high costs of medical treatment and