~Independent Life~

Woke up quite early today and had breakfast at Kim's Coffeehouse with mum... After thinking whole night long, I've finally decided to open a savings account at Maybank... Chia Chee, mei, Chern Huay and several good friends of mine kept nagging at me as my spending habit is totally absurd and uncontrollable... While opening account, the Maybank Insurance & Savings plan attracted my attention... The story starts from here... I've planned just to open an ordinary savings account with ATM card and will bank in a hundred or two monthly... Now, I ended up being tied by Maybank for 10 years!! =.= Well, it's also not bad huh?? Since I couldn't control my spending habits, why not let me keep on spending and at the same time also saving money... Get what I mean?? Many of them asked me the same questions... Okay, lets bring it this way... I will explain all those whatever shit plans I've invested and bought...

I've bought 2 plans... These plans are called Maybank Premier Value Savers which cost RM100 per month and Maybank Takaful Medirider which cost RM55.25 per month and Medirider comes with a Medical Card... Lets talk about the coverage now... As for Premier Value Savers(RM100 monthly), the insurance which cost for only RM6.xx per month covers for death(RM50000) and permanent disablement while the balance of RM93.xx will be kept under a saving plan where I can enjoy a 4%-8% of annual interest... Premier Value Savers basically is a savings+insurance plan... This plan requires us to save for a MINIMUM of 5 years... Within this 5 years, nothing could be done onto those savings... Hmmm~~ For those who wish to continue, you may do so after 5 years... As for Maybank Takaful Medirider, this plan requires a monthly payment of RM55.25 where RM30 will be saved into my savings account with 0 interest rate while the remaining of RM25.25 will be my insurance fee on medical coverage... Takaful Medirider will also provide a medical card... The plan I bought for Medirider is "Plan 1" which is the most affordable... they have "Plan 2" up to "Plan 4"... This plan covers RM100 per night during my stay in hospital and up to RM30000 limit per year... The most important thing is that this savings plan requires a MINIMUM of 10 years.... I signed up for 30 years of coverage+savings for this plan... I will be upgrading my plan when the suitable time comes...Oh ya, forgot to state that all these savings+insurance plan is under Maybank Berhad... This has nothing to do with those Etiqa agents or whatsoever agents... I was also advised by the bank staff to avoid any agents as they all uses different kinds of bank's name to make you have faith in what their doing... ~~The End~~