Insurance

Sayalay ever mentioned that the best insurance we can get for ourselves is to meditate and take care of our own karma. I couldnt agree more. Whatever we do now support our future life. Hence, the best policy is to be very mindful of our every action, as if affects our future.

But reality is often harsh, and standards of living in singapore is well known to be very high, esp medical and hosp bills. No matter how good we take care of our own body, we cannot guarantee that we will be free from illness or other misfortunes. Even some great vens around us are diagnosed with terminal illness : (

As such, I have decided to buy myself another set of insurance policy, in additional to an existing one. Although my company has bought me medical coverage policy + i have my own medisave and medishield policy, i feel that they r not enough, considering the freq of my hosp visits. I shld buy one policy when i am still young and healthy.

Besides on medical coverage, buying insurance is also a form of small but good investment. For eg, my dad is now enjoying a moderate sum of money he got back from his insurance investment over the past 2 decades. And the premium to buy at a younger age is significantly less than buying at an old age. I regret that i shld have bought myself one earlier, and i wud have saved up quite a bit.

Alrite sounds as if i am insurance agent myself. But i really see the benefits of spending a bit more every month on insurance.