How much do you care for your loved ones?

It’s been really a busy month with all the CNY preparation and lots of sales appointments. Thank God for His abundant blessings =) 

Came across this article published in the Straits Times – Strategy For Palliative Care. I thought it would be very timely to share this after my previous post. Numbers don’t lie.

Critical Illness is a coverage one must have. Statistics from MOH reveals the number of Singaporeans passing on with the common diseases is on a rising gradient.  Cancer topping the list, followed by Heart Disease, Pneumonia etc. 

Premium for critical illness coverage isn’t high at all. In fact, there are insurance policies in the market that offers limited payment term with whole life coverage. The younger you start the better it is for you. Not only is the premium cheaper when you start young, medical health condition is another factor; and I’d say the most important factor. Chances are high that no insurer would issue you a policy with failing health condition. Even if they were to do, likely there will be a loading or exclusion imposed.

Leaving off with a statement quoted from a client of mine; 

“Insurance is the only product in the world which you can’t buy when you need. But when you can, you won’t do so.”

It’s not always about YOU...... but rather about the ONES YOU LOVE

Enjoy reading and have a God blessed week =)