How much you buy insurance?

@happylim (660)
Malaysia
February 22, 2007 12:47am CST
Nowadays more and more people are buying insurance. But most of them don't know what exactly the content of their premium policy and wasted a lot of money. I am one of them too, so would like to know if you are making a smart choice and same like me. Any advice on how to buy a good insurance?
1 person likes this
2 responses
@lkbooi (16101)
• Malaysia
22 Feb 07
I bought about 20k of premium from my sister. Actually i am not so sure about the content too, but i trust her so i think she will get the best deal for me. So, my suggestion, buy throught the trusted agent or friends or relatives, then it will save you time and effort and you will be able to enjoy the benefit.
1 person likes this
@happylim (660)
• Malaysia
25 Feb 07
Thanks for your response. I think you have highlighted at least one of the good point i.e. how to benefit from the buying of insurance through a trusted agent who will bring good service to the buyer.
1 person likes this
@cheongyc (5075)
• Malaysia
26 Feb 07
Undeniably, insurance has become an essential 'investment' or protection for us when we face the unexpected. But for me, i still think the pay rate is too high and it's too lucrative for those insurance agents. I am currently covered by my company's group insurance, at an comparatively low rate. But, i am not so sure about the content and the extend of protection in the premium as well :) Personally i think that, it's the money we would rather not claiming (nobody wish to get involved in accident), and i would rather invest in health sustain product and save time for exercising. However, i will change my mind if i have more dependents (kids). When the time come, then only I will 'invest' for the good of my dependents :)