Differences between Insurance and Medical Card? Which one to buy? Which one to choose?

Hey there,

Would like to share the differences between these two lovelies since we always get confused what are they exactly right? So today would like to share to you guys based on my general understanding and general knowledge. Hope it will help you to understand which one to choose in future!

Why is it important to understand it by ourselves, simply that you won't break your wage only to pay things you wouldn't necessarily need. Lets go!

➡Differen Difference between medical card and life insurance. ✔Medical card: you only being covered when you sick. If you die? Nope. Nothing to heal with medical power. Haha ✔Life insurance: Only helps you when you died. More to helping your family that you left and helping you in funeral process. Sometimes it can help you with permanent damage caused by accident. Normal sickness wouldn't be entertain cause it's so normal that it is not so wow to take care of. Lel ➡If you dont If you don't have enough budget, which one should you pick? Medical card or insurance?  ✔If you are single no dependants, choose medical card. Since when you sick, you need to take care of it. While when you die, there is no one you should worried to take care of.  ✔Got dependants. But they seems like already being cared of. (Eg, you are mother and your ex husband already support your children Choose medical card too. Reasons like above. ✔Got dependants. They are not secured yet for example your own small children.Pick life insurance. In case you may die and no one can take care of them. Better be safe! ➡Why should you buy it early? ✔ The more you getting older, the more less life value of yours. So it would get very expensive! To be frank, the hypothesis is the more you get older, the more illness you get. Then you will need to pay a lot of money for it! Hence, when they need to cover you, it needs lots of money and bigger guarantee! How they want to have profits unless increasing the price? ✓Just buy it, who knows when we exactly need it. Both of this things need time for activation. Normally it would take up to 2-6 months activation period. What if you are in sickness during the period? You still need to pay with your own money first since it's not activate.  WWhy you still need to purchase it tho your company already provide you free medical card and insurance? ✓ As per my knowledge, after you are not belong to the company, body or organization, you are no longer entitled to have the same luxurious given to you before. It happens the same towards them card and insurance. So, you may no longer have the benefits once you are no longer a "worker". ✔Normally you will retired when you are old. Think back again, it would be very expensive to buy a new one. You may read back the hypothesis. You may purchase the basic one, because some of them can be add on to top up the benefits without being too pricey for existence subscribers/buyers. Better be safe people! ➡Medical card and insurance are pricey ✔Yes if it is covering all A-Z problems. You may opt to find add on services so when you are already capable and table, you just need to top up the benefits. Talk to the sellers. If they don't have this, find other company. ✔DO ASK the seller FACE to FACE. Reading from websites and pamphlet will lead you to confusion and you also don't know that this thing actually can be negotiate for it's services! You CAN CHOOSE what to ADD and what to DROP from your coverage! Example, travel insurance. If you are not a traveler and just have a simple life, you may drop it to save soe money for another usage. Not expensive just worth it! Take a moment of chillax with them sellers. If they force you, just ignored, choose the one who wouldn't force you because in the end, you need insurance advisor not just a seller. 😚 Most important thing, choose which one fit to your budget and lifestyle! Addition: They are sellers who sell both of them together and combined. Can opt this one too for more safe and sound life!

Hope this entry will give you beneficial reading. See you next time.

Tata~