Jessica Wee Wealth Planner Kuching

“Of course I want others to pay for my medical expenses and living expenses when I fall sick!”

Who doesn’t want coverage isn’t it?

As of now, you’re working on providing the food, clothing and shelter. Unfortunately, If something were to happen to you, somebody needs to immediately take over this responsibility for your family.

This is exactly how income protection works. If you are unable to work, the insurance company will compensate for your loss of income.

There are many income protection products in the market,so spend some time speaking to an advisor around you to understand which one caters more to your current financial needs.

[𝟐 𝐑𝐄𝐀𝐒𝐎𝐍𝐒 𝐖𝐇𝐘 𝐏𝐄𝐎𝐏𝐋𝐄 𝐀𝐑𝐄 𝐍𝐎𝐓 𝐆𝐄𝐓𝐓𝐈𝐍𝐆 𝐈𝐍𝐒𝐔𝐑𝐄𝐃]
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We all know that we need insurance but never really did we spend time trying to find out about it, isn't it? ⁣
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This is BECAUSE:
1 - We always think we can buy it tomorrow ⁣
2 - We think insurance is expensive, so we always said nothing will happen to me this coming year, why not let me buy it next year so I can save money on coverage this year. ⁣
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Let’s go over the TWO…
1. - We always think we can buy it tomorrow
Unlike luxury goods, the urge to get insurance is way significantly lesser. People always think that they can buy insurance later.⁣
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But do you know that insurance can only be purchased with health? If you can’t buy today because of bad health, it means you won’t be able to buy tomorrow. Because your health only get worse across time.⁣
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2. We think insurance is expensive and try to save money for coverage every year
There are many ways to save financially, but saving on insurance is definitely a NO-NO. Insurance is designed to protect you when unpredictable incidents occur. ⁣
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== Frequently Asked Questions ==
What if I can’t afford them now?
Start small! If you can’t afford insurance right now, start by investing on a small policy and top it up across time. You have to start as early as you can, especially when premiums are cheap.⁣

I’m not sure what coverage I have?
Go find an advisor and ask him. Let them tell you how much coverage you need. Every professional advisor is trained to do a proper policy review. There is no harm approaching them.⁣
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== What To Do Next? ==
To sum it up, make sure you’re fully covered.⁣
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Every professional advisor in the financial planning industry will know that their clients’ priorities change dramatically especially in DECEMBER due to them planning for the next year. That is why they are being responsible and checking if you’re fully covered and financially ready.

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