Biggest asset

Do you know what is the biggest asset in your life?
Do you think it is your house? your jewellery? your car? your money? your business? etc.






Of course not!






It is you!

It is your ability to earn income. That is the biggest asset in your life. All the plans that you have for yourself and your family's future is based on the assumption that you can continue to earn an income. Whether working in your job, managing your own business, managing your investments, etc. All of that takes your ability and your time to earn the income. If you lose that ability, how can you maintain your life style? can you service your home loan? can you send your kids to good universities? can you build up a retirement fund? Can you?

This is why a disability coverage is important. It is to replace your lost income. You can even calculate your self how much future earnings you will lost if you suddenly are unable to work.


Let's assume a 35 years old earning $50,000 a year. If he is suppose to work until he is age 55 which is the retirement age, that means he still got another 20 years to earn. What if he is suddenly disabled, how much future earnings does he lose? With a simple calculation, it will be $1 million worth of income that he lose. This is very simple calculation. But the number should be much more, because I did not take into account his increase in wages when he got promoted, I also did not take into account his yearly bonuses, etc. Maybe the number could be $2-3 million.

Believe me. Majority of people's savings will only be enough to last them a few years at most. Maybe only a few months for many of them. Then what will happen?

Think!! It is your life and your loved ones. Take action and be responsible now.



Cheers! Have a great day.


Image from totalticketsystem.com

Special poem

Enjoy this poem.

                                                             Cheers! Have a great day.

Truly love your children

I am sure most people love their children. But have you done enough?

If you say you love them, do what you know you need to do. It's not only about the NOW where you play with them, eat with them, bring them to school, reading them stories so they can sleep, etc. But it's also about their FUTURE that is not realised yet. What if you are not around to provide for them? How can they go to college and university? How will your spouse cope with the house loan, car loan, credit card debt, etc and at the same time have to take care the children?

Saying that you love them is easy. But why don't you show your commitment by taking action? Protect their precious future NOW!

                                                             Cheers! Have a great day.

Millions excuses

See this video after you read my previous post.

Cheers! Have a great day.

People do have strange thinking

I just recently read an article about a survey in America about people's thinking towards insurance. Let me share with you what it said.

Interesting results:
1. Many Americans procrastinate when it comes to buying life insurance because they believe they have plenty of time.
2. Only 2 percent of those surveyed said they plan to purchase a life insurance policy within 30 days.
3. But then,it also shows that if adults knew how little time they actually had, they might actually rush toward purchasing a policy.
4. The percentage climbed to 62 percent if participants were told they only had 30 days to live.

So what can you conclude from the survey's result?
In my opinion, it just shows that many people do actually need insurance. They know the family will need the money if they are not around to support them anymore. They want to make sure that their family is taken care of.

It's clear to me that people actually have the good intention to love and care for their families. It's just that many times, it is too late. They think they have all the time in the world. That good intention is nothing without you taking action of buying that life insurance that you and your family need.

Let me say it again. The good intention that you have means nothing without action! You never know how much time you have in this world, it can be another 2 days or 20,000 days. So why do you wait if you don't know? You are putting your family's well being at risk every single minute.

http://www.allstate.com/insurance-industry-news/life-insurance-news/too-many-americans-put-off-purchasing-life-insurance-800735567.aspx

Cheers! Have a great day.