You may always ask some common questions when deciding on buying an insurance plan.
- Which the best Insurance Plan is, whether is Investment Link Plan (ILP), Traditional Plan (TP) or etc?
- Plans offered by which company would be the best? Whether Company A or B offered the best benefits and protections? And hence, we should buy a plan product from which insurance company?
Some insurance agents may always claim that their companies were the best insurance company in the country and have offered the best plans. Believe it or not is totally depends on yourself.
From my point of view, there is no “best insurance plan”. Indeed, the best insurance plan should be those plans in which had taken effect; best suit your circumstance and start providing protections to the insured.
Apart from this, I think it’s quite impossible to figure out the best insurance company. Anyway, this shouldn’t be the most important point to be considered by the insured. You may ask why? Ok, let says you have bought the “best plan product” from the “best insurance company”, but getting poor services from your agent. What for? Hence, the attitude/services of agent should be the first point to be taken when you plan to buy an insurance policy.
One of the weaknesses of human nature is greed. They always tend to find a plan that offers best protection, with high cash value, but lowest premium. If I told you that I have such plan offered to you, dare you buy it? And how far you believe it? If you are the businessman who running an Insurance company, dare you involve/invest in such business?
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