Have U Being Protected By Insurance Financially ??

Talking about having an emergency fund, it's not less important to have a well designed insurance plan. ( medical, life, personal accident etc )

For most of us who work for a living, It is highly difficult (not impossible ) to save "thousands of money" to set aside for urgent use in the event of emergency or critical point of time (like major illness, dealth, or fire ), therefore it's important that we use insurance to act as a tools to protect us so that we at least will be insured by certain amount of money if unwanted event strike us. (to prevent financial distress)

Make sure your objective clear, we buy insurance is for protection, not for saving or investment. ( cos we have better choice than insurance plan if we want saving/ Investment)

So, go for insurance policy that give you highest protection ( high insured sum) with lowest fee charged.