Great Eastern Takaful : Did You Just Say That...

I May Not Afford The Premiums In Future

If you have clear financial needs, budget and get insured. 


Future premium payments may be a concern, but that can be worked out through proper budgeting which would include a forecast on your future earnings. Isn't this the same rationale we used in deciding to buy a house or to get married?


Modern life insurance has considered this concern and has countered it somewhat with the inclusion of the automatic premium loans (APL) and paid up features in policies. With these features, a policy with sufficient cash value will not lapse until the cash value is extinguished. Alternatively, it can be made paid-up. You should get an insurance adviser to explain these features to you.


If you can afford the premiums now, the smartest thing you could do is to start early and the build-up of the policy cash value will ensure your family is protected in later years even when the premiums are not paid because you are temporarily in a fight spot financially.


Source : For Tomorrow We Insure ; Lim Yuen Seong

Great Eastern Takaful : Something To Think About...

I Don't Trust Life Insurance Advisers

There are bad apples in every profession.To generalize that every advisers is untrustworthy is neither fair nor useful. There are plenty of insurance advisers who can serve you in a professional manner. All you have to do is choose carefully.



Like most people, you will need some form of life coverage. Focus on your need as THIS is the real issue for you! The insurance adviser is only  a middle man who stands between your problems and the solution to your problems.

If your concern is the quality of advice, check around for a good adviser. Get one who is qualified and has a good tract record. Do you have friends who are satisfied with the service of their insurance advisers? Get them to refer you to one who has a proven to be professional.






Source : For Tomorrow We Insure ; Lim Yuen Seong