Life Insurance Plan

Malaysia
November 18, 2010 11:24am CST
There are so many type of insurance plans in the market. Each plan has its own pro and con. Can anyone advise me on what are the main points to look at while choosing the most appropriate insurance plan?
2 responses
@tigeraunt (6326)
• Philippines
19 Nov 10
dear liewss80, after having a flopped insurance company whom i dedicatedly remitted cash (for 5 years) for an educational plan, hoping i could sends my daughter in a private school and take up nursing, and instead - returned back my remittances with a little deduction - i gave up. i never believed in insurance anymore. i know i should have complained together with the others, or gone to a court process. but that would probably have taken longer time with the legal system here. saying goes, justice delayed is justice denied. now there is this government insurance wherein it is taken (not voluntarily because it is required)from the salary, and it is called "social security". it seems to be having some problems again. salary loans get process very long unlike before. my officemate who i know has been paying religiously his old loan has renewed his loan after and he has not received his check after 3 months since he applied, when before it takes only two days to process. you want my advise? better save your money in the bank. ann
• India
18 Nov 10
there are companies which calculate & recommend you plan as per individual need & planning. you just go through some of the good insurance companies and you will get it, i think putting name here will not be appreciated.