Life Insurance, did we choose the right policy. Many people realize that life insurance is an important way to protect their families. To have a very good life insurance is to guarantee the future if something untoward happened to us or our family.
Fortuitously stumbled upon an article about one of a famous crime analysts in Malaysia. He often invited as a guests in a variety of television shows.
Now he suffering from a disease in his head called AVM and requires quite high cost of surgery. He have to postpone the operation because his insurance company didn’t cover for the cost as mention his insurance is not a panel of Beacon Hospital. To make matter more upsetting, his insurance does not cover illness at all.
To cover the cost of his surgery, he offer the service to conducting talks to pool additional fund for his surgery. Without asking sympathy from society.
I actually his big fans, I also often follow a talk show on crime prevention if he is invited.
What make me also interested with his case is about the medical insurance he took. This is what always happen with insurance companies in Malaysia. Before we buy an insurance policy, all sorts of promises already sown by the agent. When we want to claim there must be a problem especially big claim. I always hear things like this happen.
There is several important things we need to know and understand, don’t just simply purchase. It happen to me where I have experience of being cheated by an agent from insurance company, before I change to my current insurance. The policy I bought over than ten years, just gone like that.
The insurance company shall have an agent who really qualified and background check before they are hired. Because insurance is a policy purchased by the public to protect themselves and their family in the event of an unexpected future.
I did not say the insurance company is a scam, but the agent of insurance where we believe as human being need to do their job and trustworthy. Always give a detailed explanation of insurance taken by the individual because not all who purchase this insurance understand what is contained in an insurance policy they hire.
What You Should Know Before Buying Life Insurance
- As a buyer we also should know detail about the policy we purchased.
- Make sure you choose the right insurance company.
- First and foremost you need to read and understand your policy insurance.
- Always answer the questions on your policy application truthfully.
- Keep your policy safely by store the policy with other your important document.
- Review and update your policy time to time.
When you want to do any claim, I advise always check whether the policy is still valid or expired. This important because what I know if your policy insurance expired or the payment you make monthly miss or delay, it will effect the claim you want to make.
Always be careful, understand and check the insurance policy you purchase. Always picking the best coverage for you and your family, so we are not feel deceived and the policy that we pay not avail.