I am sure, all of you, reading my blog, have a portfolio of insurance, savings and investment policies.
Some of you, may have a manageable 3 or 4 policies. While some, have more than 10. My question to you right now is,”Do you know EXACTLY what you are having?”
Do you know, when you can claim and when you cant from your insurance policies?
Do you know, whether if your critical illness coverage is enough and what is the shortfall?
Do you know, how much you need for your retirement, child’s education and the shortfall/excess that you have?
…or simply put across, do you know, what is the PURPOSE of you getting the policies that you currently have???
The only solution to these, is having YEARLY FINANCIAL REVIEWS.
In a span of 2 weeks, I met 2 clients with tragic stories…
1) Father In Law Cannot Claim Hospitalisation Insurance plan
I did a financial review for my client just now. She also brought her father’s in law policy from a different company, for my interpretation.
She asked me, “My father in law going for heart by pass surgery next week. I check with the claim’s department of X company…They say cannot claim…Can you interpret the policy document for me?”
I interpret for her, realising while the policy owner of the hospitalisation plan is her father in law, the insured is her MOTHER IN LAW… Her father in law does not have any hospitalisation coverage.
………………………………………………………………………………………………….
2) Client and his family think he got a death coverage of $300,000
Last week, I met my prospect at his home and he get hospitalisation plans for himself and his family.
I enquired him on his coverage, in case, death, total and permanent disability or critical illness were to strike. How much will his wife, 2 sons and 1 daughter get?
He looked at me confidently and said, “No worries. Anything happen to me, my family will get $300,000…”
I felt relieved, because, as he is earning a takehome pay of $2,500/mth, $300,000 will be adequate. Nevertheless, I asked for all his policy documents for me to help him “refresh” on the existing plans he has.
To my surprise, I realised he only have $30,000 of coverage in case of death. His family will only get $300,000 if he DIED DUE TO ACCIDENT…
You can imagine, the look at his face…For many years, he has been telling his wife, in case of death, “you will get $300,000″….
Call me up at 96520134. Let me help you…Insya’allah… 🙂 🙂 🙂
p.s. By the way, if you wish to discover a simple & halal way to create a positive monthly cashflow and calculate your net worth for FREE, then please click here…
I am very sure, many of you, reading my blog are readers.
You know, readers are leaders. You have lots of books, reading materials with you. You are passionate to learn new things, apply new concepts and preach it to many if you find it beneficial.
Like me….I have gone for a lot of courses, seminars and classes on self development, finances, religion etc2…. You name it, NLP practitioner course, sales course….anything….and everything….
What I find the most powerful tool of learning is DOING IT AND EXPERIENCING IT YOURSELF…..
In life, it is COMMON for you to make mistakes.
Be bold and accept the mistakes courageously.Because you face those mistakes courageously, you become stronger in person. You learn from your mistakes and you move forward.
Next time, when such trying situations confront you, you will then smile at it, and do what you should know.
My take….If you face difficult situations…welcome it…smile at it….because you know, if you dont die from it, you will grow out of it…
Pray not your problems are smaller…Pray that you are bigger….Insya’allah… 🙂
p.s. By the way, if you wish to discover a simple & halal way to create a positive monthly cashflow and calculate your net worth for FREE, then please click here…
I am very sure, most of you reading this blog now, have life insurance policies in your portfolio. (if not,call me)
You get insurance for various reasons.
Some for income replacement (in case, death, total and permanent disability or critical illness happen, familiy get money)
Some for assets protection (in case, death, total and permanent disability or critical illness happen, your house mortgages will be taken care off).
and some will just use the cash valued insurance policies as a SAVINGS PLAN to form part of their retirement needs.
This video will share with you, how exactly hospitalisation insurance works. Enjoy! 🙂
p.s. By the way, if you wish to discover a simple & halal way to create a positive monthly cashflow and calculate your net worth for FREE, then please click here…
I guess, most of you are EXCITED with our country’s birthday celebration….So am I… 🙂 (gleeful smile)
Sms and emails have been widely spread encouraging Singaporeans to recite the Singapore pledge in one voice tomorrow at 8.22pm, 9 August.
I can feel the energy man….!!! 🙂
In this nationalistic spirit, let us stand proud as Singaporeans and recite our national pledge TOGETHER tomorrow at 8.22pm…. 🙂 🙂 🙂
p.s. By the way, if you wish to discover a simple & halal way to create a positive monthly cashflow and calculate your net worth for FREE, then please click here…
I am in a process of engaging a telemarketer, to follow up my leads collected from roadshows, and also to arrange appointments for financial reviews for my existing clients.
I have done roadshows for almost coming 2 years now, collected over 1000 leads. I will get my telemarketer to call all these leads, and together, we will developed an IT BASED follow up system.
As time passed, I will be systematizing all my work, so that I can focus more on giving value to my existing clients and concentrate in completing my book.
I also engaged, marketing consultant, Bro Hafihz’s expertise, to help me draft out a marketing plan, on how to systemise my business operations, from alternative ways to generate leads (other than roadshows), to effective and efficient management of existing clients.
Lots of exciting events coming on the way… 🙂 🙂 🙂
Now, I am assembling a team of Malay Financial Consultants from NTUC Income, and gearing for our first collaborative roadshow at Mega Raya Bazaar 2009, Singapore Post Centre, outdoor atrium. We will be there from 21st August to 19 September 2009.
Its fun….Its fun….Its FUN…..and I am soooo…..charged up to get it started!!! 🙂
p.s. By the way, if you wish to discover a simple & halal way to create a positive monthly cashflow and calculate your net worth for FREE, then please click here…
A certified financial consultant, Helmi Hakim has won praise for his patience, perseverance and practicality when solving his clients’ financial concerns. For more information on how you can manage your finances better, contact Helmi Hakim at 96520134.
