Sudden Death

The only certainty in life is DEATH.

Lately, there are so many reports on young students, national serviceman, sportsman and ordinary folks just collapsed of heart attack or sudden death.

Naturally back in our mind will be how well are they covered.

It is not that in this profession as Insurance Advisor we wish to capitalise on the misfortune of others, but again how can we educate the public on the importance of life insurance.

Some time it is not how expensive the insurance premium is, but how well have one planned for the financial security of their own family.

Sudden death is painful to the family, but if a family lost the financial security, it is double whammy.

I always like to take the example of buying a car.

Many people are willing to pay faithfully each month about $500 for the instalment of a car, but so unwilling to put $200 aside each month for the financial security of one's family.

A car will be scrapped with no much value at the end of 10 years, but what is put in to plan for financial security of the family can go a long way for the family as they bear the lost of the loved ones, in lesser financial hardship.

Strike a balance between cost of a car and cost of financial security for the family.