Life Insurance

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Wednesday, February 21, 2007

That won’t happen to me!!

That won’t happen to me!!

By Kelvin Tan

That’s what all these people thought! And these are the facts…its no fairy tale, all the headlines that appeared in the papers recently.

Feb 21, 2007

Stabbed, he bleeds to death in Malaysia

Singaporean man, 39, left to die near in-laws' house; two have been arrested for the murder


DIVING ACCIDENT I

Woman in coma in Perth hospital


DIVING ACCIDENT II

Body of diver found on Pulau Hantu coral reef

Feb 20, 2007

Two fatal accidents in five months near condo - do something please

More than 100 accidents over New Year weekend

Traffic Police catch 352 motorists for speeding, 21 for drink driving

By Tanya Fong

Widow struggles to care for kids, mum-in-law

The list just goes on and on…..questions that you should be asking your self are:-

  1. How is my family going to carry on?
  2. Who’s going to pay for my children’s education?
  3. How’s the housing bank loan going to be serviced?
  4. How is my hospital bill going to be paid?


This is a true fact that many people do not consider life, medical, or mortgage insurance, for the simple fact…IT WON”T HAPPEN TO ME….!


But that is not the issue, the nagging point here, have you planned for the unexpected? Or are you gambling with you and your family’s future?


Is life insurance important in Singapore?


For those who did not have any insurance when disaster strikes, that might be too late! Newspaper articles reports regularly on widows plights, on struggling the widows having to make ends meets, loosing their family home due to unpaid loans, but life goes on; the hard way!


But those who had planned for the unexpected by purchasing insurance, their families are cared for, children education paid for, housing loans taken care off and they have a better chance of making it. Their legacy lives on in providing for their family, even after they are long gone.


What are the kinds of insurance protection are available in Singapore?

There are lots of insurance policies that protects against numerous risk, it’s highly recommended you speak to a reliable needs based adviser click here

A short summary of some basic policies are:

  1. Basic life insurance policy that protects against death, accidents (temporary and permanent disability), and critical illness.
  2. Accident insurance policies that protects against accidental death and disability (temporary and permanent disability).
  3. Travel Insurance policies that provide emergency medical hospitalization and repatriation besides the standard travel curtailment etc.
  4. Medical insurance policies that protects you in the event of any hospitalization or accidents that require any medical treatment.
  5. Mortgage insurance policies protects by ensuring that in the event of the death, disability even critical illness of the home owner, the outstanding amount on his home loans will be settled.
  6. Pay insurance that protect by ensuring a steady flow of pay in the event of disability and critical illness of the insured.

Don’t wait for the unexpected disaster to happen, take action now! call now!!

www.abundance2insure.com

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eInsurance Journal: EInsurance Journal Life Insurance Articles