A Father's Worry, A Son's Mission

Apr 22, 2024

The Tale of Our Founder, Kenneth's Father

Last year, during his father's birthday week, Kenneth's life took an unexpected turn. His father was admitted to the hospital due to constant dizziness, fatigue, and a sudden spike in blood pressure. On the third day, the diagnosis came: a stroke. Fortunately, Kenneth was there that night, noticed something was amiss, and sought immediate medical attention.

Following the stroke diagnosis, Kenneth's father became increasingly concerned about the mounting medical expenses. He had purchased a traditional medical plan with no cash value, no waiver, and an annual limit of RM50,000. Every day, he worried about the growing medical bills, a concern that persisted for the two weeks until his anticipated discharge.

But what lies beyond hospital discharge? The reality dawns: it's your monthly income lifestyle that bears the brunt. Fortunately, Kenneth's father had some savings to fall back on, but was it enough? Would RM50,000 suffice? RM100,000? RM200,000?

The Aftermath of a Stroke Patient's Discharge

Consider the aftermath of a stroke patient's discharge. A month's supply of neuroaids alone costs about RM3,000, recommended for at least three to six months. Then there's post-discharge nursing home care, spanning three to six months, along with physiotherapy, acupuncture, diapers, and milk powder.

Imagine the expenses:

  • Neuroaids: RM3,000
  • Nursing home care: RM5,000
  • Diapers & milk powder: RM1,000
  • Physiotherapy and acupuncture: RM2,500 (for five sessions per week)

That's a whopping RM11,500 for these essentials alone, not to mention other expenses like a spouse's travel, food, utilities, and loan payments.

Within six months, over half of a RM100,000 savings could be depleted, placing immense strain on both the parent and child's financial stability. This realization begs the question: How long would it take for you to save RM100,000 or RM200,000?

Consider the time and effort required to accumulate such a significant sum. For many individuals, it could take years of disciplined saving and careful budgeting to reach these milestones. Yet, in just a few short months, unforeseen medical expenses could wipe out a substantial portion of those hard-earned savings.

This stark reality underscores the importance of proactive financial planning and risk management. Rather than waiting until a crisis strikes, take action now to safeguard your future and protect your loved ones from the financial repercussions of unexpected events. By securing the right insurance coverage and building a robust financial safety net, you can ensure peace of mind and financial security for years to come.

So, ask yourself: How long do I want to wait before taking steps to protect my family's financial future? The answer may prompt you to act sooner rather than later.

A Wake-Up Call and a Mission

Following this incident, Kenneth realized the need for better financial planning. What if there was a way to safeguard against such uncertainties before they occur? This is where insurance steps in. Both of our founders ventured into the Prudential agent business with a mission: to provide free policy checks, ensuring you're prepared for whatever life throws your way.

Take Charge of Your Future

Are you ready to take charge of your future? Reach out today for a free policy check and secure your peace of mind. Remember, it's best to transfer risk five years early rather than one day late.

Income Protection: A Crucial Safeguard

Do you know that you need to have 5x income protection for a family? This means that if your annual income is RM100,000, you should aim for RM500,000 in coverage to ensure your family's financial stability in case of unforeseen events.

Contact Us

Don't wait for a crisis to highlight the gaps in your financial planning. Contact us today and let us help you prepare for life's uncertainties. Secure your future and protect your loved ones with the right insurance plan.

Embrace peace of mind today. Remember, it's always better to transfer risk five years early than one day late.

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