Are You Insured TODAY?
Dearest Readers;
Greetings! My name is Alvin, the owner of this blog "Are You Insured TODAY?" First and foremost, I would like to thank God for His grace and mercy for enabling me to use this platform to educate & to create an awareness for the public on personal financial planning with the following acronym (PAMP):
P - Protect Your Wealth
A - Accumulate Your Wealth
M - Manage Your Wealth
P - Preserve Your Wealth
This blog will serve as a platform for many readers who are searching for the real reason behind personal financial planning and how this skill and knowledge will help them when the need arises. I have seen a lot of people, from young to old, do not really understand the principle behind personal financial planning particularly in these 4 areas (Protecting, Accumulating, Managing and Preserving their wealth).
It breaks my heart whenever I read in newspaper or watch the news over the television, parents asking for public donation to save their children with health condition for treatment in hospital. It's saddens me when a father and a husband to his child and his wife passed away suddenly leaving both the mother and the child in financial predicament to fend for themselves with heavy bills and debts. All this happened simply because the bread winner of the family may be financial planning illiterate or financial planning ignorant.
But I've seen responsible individual as well who took time to plan out for their financial planning as an act of love to their love ones - their wives, their husbands, children and parents. I've seen a young man, with low earnings plan for his personal financial planning simply because he love his mother so dearly. Let me illustrate with this true story. I call this story with this title - The Greatest Love Gift Of All.
There was this young man and his name was Anandi. This boy came from a poor family. His father left the family when he was very young. He hasn't got much of education and he can't wait to earn his own income so that he could help his mother, who works as a cleaner. One day, our financial planner showed Anandi an insurance plan. After some simple persuasion, Anandi parted the first 2 months premium to start this plan. Not a very big policy, only RM 15,000 policy. It was a Saturday evening. This financial planner would submit Anandi's proposal form back to office on Monday. On Monday morning, this financial planner received a call from Anandi's mother. The old lady said "My son is Anandi, he told me, on Saturday evening that he bought an insurance policy with you?" This financial planner said "Yes ... why?" - Thinking that Anandi's mother has disagreed and objected to his son's decision for taking up this policy. The old lady started crying "..... Can claim ... ?" This financial planner was stunned for a moment and said "What happened? Anything happened to Anandi?" The old lady said "My son met with an accident ... a lorry knocked him down ... my son is ..... dead". This financial planner then said "Auntie, I am going to submit his form this morning and I don't know if my company will pay the claim. I will do my best auntie." The old lady cried even louder "My son said that he loved me and that is why he bought the insurance plan, in case anything happen to him, the money can help me". This financial planner did submit his case that morning and it is true fact that Anandi has paid the premium to effect the policy. Finally, the insurance company did honour the claim. The money was paid to Anandi's mother within a week.
This young man's story is excellent to illustrate the importance for an individual to be sound in his or her personal financial planning. I'm sure the RM 15,000 will at least be able to help Anandi's mother one way or another, probably to clear her debts or to use for her retirement. It does pay handsomely when individuals take time to learn and plan on their personal financial planning as an act of love for their love ones.
Finally, I would like to end here with this beautiful quote by Winston Churchill.
"If I had my way, I would write the word 'insure' over every door of every cottage and upon the blotting book of every man, because I am convinced that for sacrifices that are inconceivably small, families can be secured against catastrophes which otherwise would smash them up forever. It is our duty to arrest the ghastly waste, not merely of human happiness, but of national health and strength which follows when, through the death of the breadwinner, the frail boat in which the fortunes of the family are embarked flounders."
- Winston Churchill
Thank you
Greetings! My name is Alvin, the owner of this blog "Are You Insured TODAY?" First and foremost, I would like to thank God for His grace and mercy for enabling me to use this platform to educate & to create an awareness for the public on personal financial planning with the following acronym (PAMP):
P - Protect Your Wealth
A - Accumulate Your Wealth
M - Manage Your Wealth
P - Preserve Your Wealth
This blog will serve as a platform for many readers who are searching for the real reason behind personal financial planning and how this skill and knowledge will help them when the need arises. I have seen a lot of people, from young to old, do not really understand the principle behind personal financial planning particularly in these 4 areas (Protecting, Accumulating, Managing and Preserving their wealth).
It breaks my heart whenever I read in newspaper or watch the news over the television, parents asking for public donation to save their children with health condition for treatment in hospital. It's saddens me when a father and a husband to his child and his wife passed away suddenly leaving both the mother and the child in financial predicament to fend for themselves with heavy bills and debts. All this happened simply because the bread winner of the family may be financial planning illiterate or financial planning ignorant.
But I've seen responsible individual as well who took time to plan out for their financial planning as an act of love to their love ones - their wives, their husbands, children and parents. I've seen a young man, with low earnings plan for his personal financial planning simply because he love his mother so dearly. Let me illustrate with this true story. I call this story with this title - The Greatest Love Gift Of All.
There was this young man and his name was Anandi. This boy came from a poor family. His father left the family when he was very young. He hasn't got much of education and he can't wait to earn his own income so that he could help his mother, who works as a cleaner. One day, our financial planner showed Anandi an insurance plan. After some simple persuasion, Anandi parted the first 2 months premium to start this plan. Not a very big policy, only RM 15,000 policy. It was a Saturday evening. This financial planner would submit Anandi's proposal form back to office on Monday. On Monday morning, this financial planner received a call from Anandi's mother. The old lady said "My son is Anandi, he told me, on Saturday evening that he bought an insurance policy with you?" This financial planner said "Yes ... why?" - Thinking that Anandi's mother has disagreed and objected to his son's decision for taking up this policy. The old lady started crying "..... Can claim ... ?" This financial planner was stunned for a moment and said "What happened? Anything happened to Anandi?" The old lady said "My son met with an accident ... a lorry knocked him down ... my son is ..... dead". This financial planner then said "Auntie, I am going to submit his form this morning and I don't know if my company will pay the claim. I will do my best auntie." The old lady cried even louder "My son said that he loved me and that is why he bought the insurance plan, in case anything happen to him, the money can help me". This financial planner did submit his case that morning and it is true fact that Anandi has paid the premium to effect the policy. Finally, the insurance company did honour the claim. The money was paid to Anandi's mother within a week.
This young man's story is excellent to illustrate the importance for an individual to be sound in his or her personal financial planning. I'm sure the RM 15,000 will at least be able to help Anandi's mother one way or another, probably to clear her debts or to use for her retirement. It does pay handsomely when individuals take time to learn and plan on their personal financial planning as an act of love for their love ones.
Finally, I would like to end here with this beautiful quote by Winston Churchill.
"If I had my way, I would write the word 'insure' over every door of every cottage and upon the blotting book of every man, because I am convinced that for sacrifices that are inconceivably small, families can be secured against catastrophes which otherwise would smash them up forever. It is our duty to arrest the ghastly waste, not merely of human happiness, but of national health and strength which follows when, through the death of the breadwinner, the frail boat in which the fortunes of the family are embarked flounders."
- Winston Churchill
Thank you
Alvin Lai
Labels: Acknowledgement
posted by The Arithmos ... @ 8:36 PM
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