Protection

What is the reason you work so hard everyday?

We work hard hoping to live a comfortable life and provide our family with the BEST:

HOUSE

FOOD

BILLS

CAR

MEDICAL

LEISURE

EDUCATION

You and your wife worked very hard everyday in order to provide all the above.

However, life is full of challenges.

Sometimes, you may wish to put your hands down for a rest. but, can you afford to do so?

If one day, you are forced to permanently rest, what happen to your family?

How do you ensure that no matter what happened, your family is protected?

BUILD TWO FINANCIAL PILLARS FOR YOUR FAMILY

THE FACT IS:

Everyone is at risk of a sudden misfortune happening to them. The question is, are you ready?

However,

1.  Not many people are doing anything to protect their ability to generate income.

2.  Most people think that misfortunes will never befall them.

These can happen to you:

18 People Die On The Road Each Day 

40,000 New Cancer Patients Every Year

6 Attacked By Stroke Every One Hour

4.8 Million Malaysians Are Diagnosed Of High Blood Pressure Every Year

When unforeseen event happens, your family urgently needs MONEY

Have you set aside enough EMERGENCY FUND for your family?

21% of Malaysians who have savings can only sustain for 1 month.

43% of Malaysians said if they are retrenched, their savings can only sustain for 3 months.

What happens if the only source of income has to be stopped permanently?

When the only source of income stopped. When a breadwinner dies/is disabled, the following fees/expenses will still need to be settled:

1. Payable Income Tax

2. Final Expenses

3. Medical Bills

4. Medical Care/Equipment

5. Loan Installment (House & Car)

6. Credit Card Outstanding

7. Household Expenses

8. Children Expenses

MOST PEOPLE KEEP THEIR SAVING WITH THE BANK

The fact is:

1. We need TIME to accumulate wealth.

2. The living partner may not be able to withdraw the money from the joint account that has been         frozen for emergency use.

3. It takes time for the living family to inherit the deceased's estate.

Do you know?

How long it takes to apply a Grant of Probate (with Will) 0r Letter of Administration (without Will)?

GRANT OF PROBATE - 6 months to 1 year

LETTER OF ADMINISTRATION - Average 2 years

Given a choice, no one would like to live on welfare.

HOW MUCH DO YOU WISH TO PREPARE FOR THIS INCOME REPLACEMENT PLAN?

HOW MUCH CAN YOU SET ASIDE PER MONTH FOR THIS PROVISION?

5 KEY QUESTIONS

1. How many dependents?

2. How much income needed to maintain the family with same lifestyle?

3. In the event of loss of income, how would it effect your lifestyle?

4. How long you will need to support your family?

5. Any existing contingency plan? How to overcome? How much you can set aside per month?

The reality in life is we do not need an insurance when we are healthy, but when we need it we may not be able to get it.

WHEN UNCERTAINTY HAPPENED, LIFE STILL NEED TO CARRY ON.

Insurance is the MONEY to prolong life when diagnose for illness.
  

Insurance is the MONEY when the breadwinner loss the ability to earn.


LIFE EXPECTANCY RATE 2014

MALE:            72.5 YEARS

FEMALE:        77.2 YEARS


IF RETIRED AT AGE 55, A PERSON NEEDS TO PREPARE A RETIREMENT FUND FOR 20/25 YEARS!!!!