PRU88

PRU88

•     Savings Plan with RM3 per day.
•   RM88 per month.
•   Save for 10 years and enjoy the benefit up to years 20.
•   Guarantee cash payment on , 5th, 10th and 15th years.
•   100% cash upon maturity.  

Top 10 reason to buy life insurance

We spend money to buy something for the satisfaction of possessing it. But life insurance is a product we cant see, cant touch, and probably cant enjoy it either in our lifetime. Why should we buy life insurance then?

Protect your wealth

This is the main reason people buy life insurance. Nobody likes to see his hard earned money all swept away in diseases related disaster. We work hard in our whole life to increase our economy value. There is no guarantee that we can enjoy a long life to realize our economy value. Only two things are certain: tax and death. When death arrive sooner that we thought, life insurance will be our wealth creation tool to instantly generate the cash we could have earned.

Show your love to your family

“We love because it’s the only true adventure.” – Nikki Giovanni

Love is indeed an adventure. Our life is an adventure too. It is full of risk. We can show our love in a thousand ways when we are still around. But when we die, how are we going to love our family? At least, life insurance can take care of our family financial well-being.

Show that you are a responsible person

Did you ever notice that most of the victims who died in road accidents didn’t buy life insurance? I can say most of them have none or buy only a tiny sum assured. An irresponsible person drives recklessly and carelessly almost all the time. If you are a responsible person, you will care for others. Certainly buying adequate life insurance shows that you are responsible and trustworthy to your spouse, your children, your parents and the one you love!

Our health is deteriorating everyday

Do you know anyone who is getting healthier everyday? By the time he is 100 years old, he is at the peak of his health condition. He can live on forever! Gosh, people are getting older and this is an undeniable and unstoppable fact. Our health is deteriorating every minute. We never know the exact time a disease will strike us. Fear of illnesses motivates people to buy life insurance.

Practice the habit of forced saving

When we face the shortage of cash, withdrawing money from our life insurance policy is always the last resort. In the fear of losing the life insurance policy, we are forced to make the regular premium payment. In the long term, life insurance is a great saving tool. It forces us to save for the future, and also for the unforeseen disaster.

Funding a trust

A trust is an arrangement under which one person, called a trustee, holds legal title to property for another person, called a beneficiary. People create maintenance trust to provide regular income for family. The cheapest way to fund a trust is using life insurance. The cost of premium is only a few percentage of the trust fund we intend to create. For instance, paying premium of $1000 annually is able to get a life insurance policy worth $100,000 for a person below age 30.

Funding a business operation

An employer takes out an insurance policy insuring against loss of profits arising from the death, sickness or injury of a key employee. The beneficiary is the employer. The life insurance policy bought is known as key-person insurance. The insurance payout will be used as emergency fund for business operations.

Funding Buy-sell agreement in partnership business or corporation

Every co-owned business needs a buy-sell agreement the moment the business is formed or as soon after that as possible. Every day that value is added to the business without a plan for future transition, it increases its financial risk. What happen if one of the partners decided or forced to exit the business? The most common triggering events are dispute, death, disability and retirement. Life insurance can be used to fund purchases of the deceased shares in the event of death.

Charity

A charitable trust is a trust established for charitable purposes. Charities may take the form of charitable trusts, companies or unincorporated associations. Some wealthy entrepreneur buys insurance to fund their charitable trust.

There are so many valid reasons you should buy a life insurance. If you don’t know how to determine whether your insurance coverage is adequate at this moment.

If you buy insurance other than the reasons stated above, please give me input through the comment column.

PruSaver

Comparison and Features of MRTA and MLTA

MLTA

1）可转让

无论借款人再购买新的房子或与另一家银行再融资，MLTA这个政策是可转让的，无需再额外购买MRTA或MLTA

2）保障是保证

您只需购买一次，相同的保额，就没有必要再次证明自己的健康状况。

3）有额外的储蓄和回报

支付的保费将累计作为储蓄或加上回报。储蓄的价值是可以用来降低或回报你的房贷款。

MRTA

1）不可转让
在大多数情况下，借款人需要购买新的MRTA如果他再购买新的房子或与另一家银行再融资
例如：5年以后，在比较老的年龄再融资相同的贷款金额，MRTA的成本较高。
2）保障不被保证
大多数例子，你每次购买MRTA，你必须证明你是健康的
3）没有回报
零回报。

A claimed made upon married !!!

The claimed is from PruLady Plan.PruLady celebrates the joy of achieving your goals and milestones in life by rewarding you Goal Achievement Benefit.This unique benefit rewards you when you enter into new phases of your life such as :
· Getting married
· Childbirth

Bonus Paid from Savings Plan

The bouus paid above is the saving plan from Prucash or Prucash double reward.

PruBestStart

PruBestStart

The description below show the features cover for the PRUearly Start and PRUbest Start.