June 2024

My Hero

My Hero

SP case. My Hero

Financial Controller. I did total financial planning for him (including medical coverage, critical illness, income protection, investment and retirement planning, estate planning, and will writing).

One day, his vision blurred and he got a tumor in the brain. Within 2 years, there have been 7 brain surgeries, and the total medical bill has reached Rm400k. Fortunately, it is covered by the insurance company for critical illness claims. After a few months, I received a call from my wife that he had passed away due to a bacterial infection. I had no idea about the family's financial situation. Can you help?

Me: No worries; we will work on it after his funeral.

I paid my last respects to my friend. You can go peacefully. I will make sure your wife and son are well taken care of financially. Within 3 months, we settled all the property transfers, insurance claims, and bank transactions. The son can continue his tertiary education in Australia. Yet the widow had to go through six months of depression. We overcame this together. Now she leads a peaceful life and is financially free.

The Great Father

The Great Father

Son wants to further study in Taiwan, so his father (a hawker) refinanced the house for his son’s school fee. After a few years, his son came back and worked at Inventec as an engineer. Suddenly he got a digestive problem and has been doing the treatment at Lam Wah Ee Hospital, and he needs to pack his own lunch to work every day by following the diet to cure his sickness. A year later, he passed away.

Father has to pay the medical bill of RM60,000 in installments because the bill is too big. Meanwhile, the father also needs to pay the refinance house installments that he made before.

We love our parents, and we hope this story will awaken all of us to the importance of risk management and the need to do early financial planning.

Mooncake Festival: Delivered Son’s Love & Responsibility

We start our mornings off right

An engineer based in China (salary in USD) diagnosed nose cancer. I help him with his critical illness claim (Great Eastern’s customer, but not under my care).

Two years later, he passed away. The family doesn’t know their son still has a $75k life policy. Help with the claim and deliver two checks: Father (age 81) and Mother (age 79). Since it is the mooncake festival, I bought some mooncake and delivered the claim check.

Father: Borrowing money from relatives to treat at Singapore. Settle all borrowing after his death, and nothing is left. We continue rubber-tapping.

Me: Uncle, even though your son has to go, his love and responsibility remain. With these two checks, you both can leave a decent life in this village, accompanied by your son’s love and responsibility.

K–‘s story: Holiday Forever

Holiday Forever

Friday morning, we are having an agency meeting. Half way from the meeting, agent K is not feeling well, and her husband J (also my agent) sent her to see the doctor. That evening, I received a call from J, saying he was at GMC Hospital with K. He received a call from his family doctor, who stated that K’s blood test report showed leukemia and that he still needed further confirmation. The result will be out in 2 hours.

Me: Whatever the result will be, we will accept it and face it together.

The result is acute leukemia, and we need treatment by next Monday. Me and J went to get a second opinion on Saturday, and J decided to start treatments at GMC. J has to prepare RM240k for the full treatment cost. Since J & K are well insured, they decided to go for it. She recovers well, and they move into a new house. We celebrated the housewarming and her recovery.

Two years later, she had stroke symptoms and was admitted again to the hospital. She was diagnosed with reoccurring leukemia again. She went into a coma on the third day. We all take turns to donate platelets for the next 28 days until her last breath. Total bill is around Rm60k. We sent her off for holidays forever.

She is one of my very best business partners. She has a very caring and loving personality, a good learning attitude, is quite type, and always has a has a smiling face. We used to travel together to many countries on company trips, such as Hokkaido, Egypt, Spain, and Turkey.

Luckily, she had the best and most colorful years of her insurance career before her long holidays.

She will always be in our hearts and we will love her forever.