tag:blogger.com,1999:blog-34503628.post2950788379870535965..comments2024-03-26T20:28:00.690+08:00Comments on Journey to Become Financially Independent: Thanks to Insurance Agents in MalaysiaChampDoghttp://www.blogger.com/profile/15551303930099640011noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-34503628.post-69590240887446808992008-07-27T00:26:00.000+08:002008-07-27T00:26:00.000+08:001. I don’t really remember I blog about this topic...1. I don’t really remember I blog about this topic. When I read back my old post, it is kind of funny and I should have written a better one. I’m not sure if mentioned buying insurance for dying. I think I would probably mean that insurance for your dependent if you die. They still can survive without you. That’s the purpose of life insurance. Yes, it is a protection and I totally agree that if you’re rich enough, insurance is not for you because you already able to protect yourself and you don’t need buy for one.<BR/><BR/>2. I bet if the person income is average, the insurance coverage will not be enough too if they go for whole-life. Yes, there are pros and cons. If you buy term, then you have to invest the difference and if you buy whole-life treat it as saving would be a right thing to do. Remember we can buy both term & whole-life at the same time together to balance out the pros and cons. This is what I did. <BR/><BR/><BR/>Thanks. I wish I could have more time in blogging but I guess I have to stop for a while. I’m grad that you find at least some information is useful. Take care.ChampDoghttps://www.blogger.com/profile/15551303930099640011noreply@blogger.comtag:blogger.com,1999:blog-34503628.post-44202568127944093832008-07-24T19:09:00.000+08:002008-07-24T19:09:00.000+08:00Hello, after reading the post of May 08 and May 13...Hello, after reading the post of May 08 and May 13, I would like to comment that...<BR/><BR/>1. People buy insurance because they want to continue living and not dying. If they do not have an insurance coverage (as you said it is for protection), they will only add up the burden to their family. Unless, if their family is rich, then it will not be a problem.<BR/><BR/>2. Comparison on Term & whole life Insurance...I do read the information from Financial magazine and believe that both products have the pros and cons. If a person has low income and need protection, I suggest they should take Term. However, if the person income is average, they should go for whole life, as for long term, all the money paid for the insurance will get back (can be savings with protection).<BR/><BR/>This is just my point of view...<BR/><BR/>Anyway, I found that there is some information is very useful in this blog.<BR/>Keep blogging!<BR/><BR/>Thanks! :)Anonymousnoreply@blogger.com