View Full Version : What type of insurance should I buy?

02-12-2005, 11:22 AM
I am planning to buy some insurance for myself and my family. What type of insurance should I buy?What is P.A? What is the difference between PA and life? Can anyone highlight me?

03-12-2005, 03:56 AM
just my 2 sens. Any insurance agents around?
I think P.A means Personal Accident. When you get involved in an accident loosing limbs, hospitalized (a small amt is claimable). Payout for death is also a small amt only. Some PA also covers : when you are handicapped and not able to work you get back an amount each month.
Life insurance - family gets one lump sum of cash upon death.

03-12-2005, 09:13 AM
Hi, nowadays life insurance dun jz payout 1 lump sum upon death .. now life has got 36 critical illness, savings, death and medical wif it in a package .. PA of cos is a totally separate thing ..

humbble, if u're intending to get something for yourself and your family ... i suggest most importantly get medical + life that is the basic of all coverage .. :)

btw, i'm a ING agent here ... if u interested then u can PM me ... :D

04-12-2005, 05:34 AM
Kokomo, for life policies, isn't the 36 critical illness, savings, etc... attached as riders to the life insurance itself? (ie consumers have a right to either take the riders or not?)

04-12-2005, 09:03 AM
Hi jessi24, ING life policies for 36 critical illness, medical & etc dun hv to be a riders ... each of those policies hv life in it ... and yes, u can still choose what u wanna hv after all, u're paying for it .. :)

04-12-2005, 10:03 AM
My xprien?

ALWAYS, repeat after me, ALWAYS buy from a respectable and PROVEN agent from an established agency, regardless of the underwriter.

Insurance companies are accountable to their association + BNM/MoF.

SO there is a small chance of them actually screwing you. Most claims are delayed for many reasons mostly human e.g. incompetent/irresponsible agents.

A PROVEN agent from a reputeable & estabished Agency will eb there when it matter most...its NOT the sale. Its the AFTER sale that you want.

Yang Ada Beli insurans lato tupai

04-12-2005, 11:19 AM
Take it from someone who is totally fedup. It will depend on what your future plans are. 1 Does your employer cover you under any insurance scheme? How much can you afford to pay , mind you not now but in future.Who are you leaving the money to? 99.99999% of the agents out there are just waiting to screw you for the commission but it will be very neccessary for you to be covered just not to cause hardship to your family. Any company with o'seas affliation should be good enough eg. AIA Great Eastern ..... :p :p you can bet your last dollar the agent will screw you for something that you won't need so be forwarned