Why Insurance

Why do we need Insurance?



First, insurance provides disaster protection. The last thing anyone needs is to see their income or life savings jeopardized as a result of the death of a family breadwinner, a major home fire, or an automobile accident that leads to legal action. Events such as these are traumatic enough, without adding financial devastation to the equation.


If you're not careful, this proliferation of insurance products can lure you into buying coverage that you don't really need. Before you spend a penny, ask yourself one basic question: If I don't buy this policy, am I putting myself and my family at serious financial risk from a genuine and common danger? If the answer is no, pass!


If Yes, here is the solutions for you.
Only RM150 monthly, 2 in 1 package. Recommended for those who did'nt buy any insurance policy yet.

The Policy is Great Life Portfolio Insurance by the Great Eastern for the Female Non-Smoker.

Basic Investment Premium RM150 per month.
Product Details
BSA-Basic Sum Assured(Death and Total Permanent Disability-Benefit RM100,000
CIBR-Critical Illness Benefit Rider (36 Dread Diseases, WP-DD(Free Saving til age 70)-benefit RM100,000 or RM2,160 p.a.
WP-TPD (Free saving till age 70) -benefit RM2,160 p.a.
ILHP-Investment-linked Health Protector ( Hospital Room& Board, Annual Limit, Lifetime Limit) -Benefit RM150 daily, or RM50,000 or RM150,000 depend on the situation.

*This Package serves only as a guide.


For your information, besides coverage the above disaster(death,illness,medical,permanent disability), automatically we invest our monthly premium into "DANA RESTU & DANA SEJATI" Plan. so that is why i said 2 in 1. Disaster protection + Investment with only RM150 monthly.
The Investment its depend on the market price, we only can withdraw once the fund is exceed than RM6,000-00, the condition to withdraw is our account must have balances RM6,000-00 in order that to re-invest, and at mean time will still continuing paying our monthly premium RM150 so that we are still in the above protection.


A friend of mine said, buy the policy is wasting money, but i dont think so cos, i need something to cover my medical, i still remember in ER series, heheh the admin alwiz asked is these patient has a insurance, or bought the insurance policy, and i do understood, people will thinking the money will burn if we did't claim anything, or when we death our family gain from our death, but with the investment plan it is worth,we have nothing to loose.If we need money we can withdraw our investment fund, and we still have an opportunity to spend the money. Just think twice, if anything happened to u, and u have no money to pay for the medical bills, and if permanent disability cant find the job, or cant do any job then wot happened to u.It is a really emergency protection , "life is like a box of chocolate, we dont know what we gonna get" Forest Dump /dumb haha but he is not dumb actually.


Problem with no money to pay monthly premium.In order to that u got to have a financial plan.Our income must be allocate first and spend later.
Basic Principle Of Financial Planning Allocate First, Spend Later.
Financial Independent-20%
15-25%, Rate of Return @8% , example of investment, investment link top-up, unit trust, bond, share, property hehe but not forex heheh.

Education -10%
(8-15%)
Child Education, local , overseas , traning.

Emergency 6 months
(3-8 months)
FD Liquidity

Insurance 10%
(8-12%)
Family income protection, personal accident, medical hospital card, 36 criticall illness.

Expenditure 60%
40% rental, installment, food, medicine, shopping
10% transportation, car installment, petro, car maintenance, parkeing
5% entertainment, 5% income tax, taking up course.

that the way the financial planing works in our life.


For more further products and information please feel free to visit Great Eastern Malaysia Products
and if you interested to know more or any inquires kindly email me at : mchlea06@gmail.com