Everyone needs medical insurance, but not everyone needs critical illness protection.
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{{label}}08 June 2017
Life insurance is protection against the financial impact that a person’s family may experience in the event of that person’s passing OR a Total & Permanent Disability (TPD)
The amount called the payout can be used to cover:
TERM INSURANCE
WHOLE LIFE INSURANCE
INVESTMENT LINKED INSURANCE
REFERENCE:
https://www.nerdwallet.com/blog/insurance/how-much-life-insurance-do-i-need/
http://www.lifehappens.org/insurance-overview/life-insurance/calculate-your-needs/
https://www.forbes.com/sites/lawrencelight/2013/04/29/how-much-life-insurance-do-i-need/
http://www.cnbc.com/2014/10/03/how-much-life-insurance-do-you-need.html
http://www.insureuonline.org/consumer_life_ten_tips.htm
http://malaysiandigest.com/news/600094-90-per-cent-of-life-insured-malaysians-under-insured-says-liam.html
https://www.imoney.my/articles/the-essentials-of-life-insurance-in-malaysia
http://www.investinganswers.com/financial-dictionary/tax-center/tax-deferred-2477
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