When I became a parent, life insurance suddenly felt urgent. But the options were overwhelming. This post is my personal guide to choosing the right life insurance plan in Malaysia, especially for young families.
Subtopics & Answers:
Term vs. whole life: which one fits your goals? Term is cheaper and temporary; whole life builds cash value and lasts forever.
How much coverage do you really need? Multiply your annual income by 10, then add debts and future expenses.
Understanding riders and add-ons Critical illness, hospital income, and waiver of premium are common extras.
Top providers in Malaysia and what they offer I compare AIA, Prudential, Great Eastern, and Zurich based on benefits and costs.
How I balanced affordability with protection I chose a hybrid plan with term coverage and a small investment-linked component.
Tips for reviewing your policy annually Life changes — update your beneficiaries, coverage amount, and riders regularly.
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