Insurance solely for Wealth Protection

·       Commissions-based insurance

          - Long lost friends calling you up

          - Insurance advise given might not be objective or "free"

          - Understand what is Conflict of Interests

·       Hospitalization (Medishield) insurance is a Must

          - Include private hospital insurance and/or 10% co-payment

          - Not only for yourselves but also your immediate family

          - Hospital debts are not waived, even upon death

·       Term insurance (for breadwinner) and invest the rest

·       Self insurance (old movie scene of man on death bed holding biscuit tin full of cash)