Medical Card - Linked Investment vs Stand Alone .. What say you?

 Happy Labour Day!! Hope you guys have a great holiday and to everyone who is traveling back to hometown do drive safely. First post in May 2011, I'll just start off with insurance because few of my friend talk to me about this.

So why we buy insurance?
 Simply because we don't have a crystal ball to let us know what is going to happen in the next second or so. By having an insurance policy we can transfer the risk of uncertainty (i.e, death, critical illnesses, accidents and etc.) to the insurance company.

 Then why I'm blogging about this when insurance has become everyone needs. Please let me share you my point of view humbly and I'm not going to talk about what is "inside the insurance policy" has to offer as I believe there is always different pro's and con's for each policy, for different insurance companies.

Let's have a look what I have upload for you guys:-

Insurance Policy A

Insurance Policy B

 Total Amount Saved = A New MYVI
Insurance Policy B - Insurance Policy A

 As you can see, insurance policy A is paid at a fixed amount of premium every year where insurance policy B premium is increased according to your age. So have a look, and see what is the difference for you.

Cheers,
Patrick Rich.