Ever wonder how much insurance you need or your dependant need when you are not around?
I now have 2 children and 1 wife, so I zoom to 30 years later when I am lying on the coffin, whether I provide enough for my family.
However you need someone that can be FAIR and INDEPENDENT which evaluate your situation and suggest the best product that value your money.
A lot of insurance agent merely want to find a living and seldom tell you the full story.
This is where independent financial consultant MR Lieu Ching FOO come in who blog at http://howtofinancemoney.com.
From the communication and evaluation that he have done on my scenario, He show me that I can buy a MEDICAL CARD with deductible and can convert after I am retire at 55 years old. The product help me save a minimum RM 100 per year.
He help me to do insurance portfolio analysis and let me see how much I should cover. He did some comparison on Term Life Insurance vs Investment Link Policy to close my gap on how much I should cover. ILP should link with medical card as a rider in order to cover the expensive charge of medical card by leverage on unit.
WHY I LIKE ABOUT HIS SERVICES?
1) INDEPENDENT - not attached to any insurance agency
2) BEST PRODUCT - due to his independent, he can quote the best value for money, Maximum protection with lower premium
3) NOT MERELY SELLING - he not pushing on selling product because his main purpose his educate
4) DETAILS ANALYSIS - you may ask until you understand even is just a simple questions
5) ECHO UR STRUGGLE - he can see your struggle because he is married and planning to have kids.
If you need his services, you may contact him at LCF.