If you omit this amount of expenditure, you’ll have quite a tidy sum for other indulgence ain’t it? Else, you can always chuck it away as just savings or investments. Money is best kept close by, right? Not in tin boxes like the olden days, mind you. Besides, we need to be cushioned for rainy days.

What’s the impact?

Case scenario 1:

You just turbo boosted your car, increased the horsepower significantly, and now it’s a beast thrusting forward. The stock suspension cannot take fast turns, the stock brakes cannot slow down the car effectively. Where does it lead to?

Case scenario 2:

You just built a majestic skyscraper, but sorely lacking in foundation depths. The building look majestic and the amenities inside are mind-blowing. However, slowly but surely, the building is giving way.

What’s the real impact on you?

You have just started a life insurance company named after yourself. In event of any lost of income due to critical illness or disability, medical bills, major surgery invoice etc now falls on you. You need to pay for them out of own pocket. Cold, hard earned cash.

Next time you shoo away an insurance agent, you might not be the one laughing.

There is no such thing as wasting money on life insurance. You will never pay more than what you wish to be insured for. An able agent will be able to work out a portfolio that suits your needs and objectives.

Life is like an ultra marathon race that comes along with many uncertainties. Life insurance, on the other hand, is a certainty. Use it effectively to counter the uncertainties. Your agent will be pacing right beside you throughout the race.