Sav­ing For A Thun­der­storm

CLEO (Malaysia) - - YOUR LIFE, YOUR RULES! -

Are you fi­nan­cially pre­pared for a blow

that you can’t see com­ing? Why Do You Need In­sur­ance? Sign­ing up for a pol­icy means more than just pro­tec­tion. In­sur­ance agent Dhamayan­thi Re­gu­nathan of Great East­ern As­sur­ance (M) Bhd, de­codes it so you know ex­actly what you’re get­ting.

PRO­TEC­TION Tra­di­tion­ally, a pol­icy is taken to cush­ion the ef­fects of life’s un­cer­tain­ties by pro­tect­ing you or your de­pen­dents fi­nan­cially.

SAV­INGS You pay a monthly pre­mium for a fixed pe­riod of time af­ter which you get back ev­ery­thing you’ve put in and then some. Cer­tain plans even give you yearly or bi-an­nual bonuses. A great re­tire­ment plan to con­sider! DEBT CAN­CEL­LA­TION/ MORT­GAGE You can lump all your loans un­der a pol­icy and get it paid off in the event of your death or if you are phys­i­cally dis­abled hence caus­ing you to be un­em­ployed. This even ap­plies to your home mort­gage.

CHILD ED­U­CA­TION FUND Just like sav­ings but the pol­icy is in­vested in the in­ter­est of your lit­tle ones.

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