Every one of us wants to live comfortably. We want to protect our family, at least financially, if we are no longer around. We want our children to get the best education in the world. We also want a comfortable life after retirement. We have unlimited needs. In order to fulfil these needs, there is a price we have to pay as there is no such thing as a free lunch in the world. The price is reflected in the premiums of insurance plans.
I think that insurance is very expensive only when we don't need it. Believe me. If an insurance agent asks a seriously ill patient in a hospital to buy a medical card, life insurance and 36 critical illnesses, for sure the patient will buy them without hesitation even he has to pay a monthly premium of RM 10,000.