Many people are buying way too much insurance


“Many do not understand the plans they buy into, and many buy the wrong type of insurance such as investment-linked ones, ” Robert Foo, CEO of MyFP Services Sdn Bhd told StarBiz.

BECAUSE of insecurity, people in general are buying way too many insurance policies and products these days, some of which may actually not be of much benefit to them.

“Many do not understand the plans they buy into, and many buy the wrong type of insurance such as investment-linked ones, ” Robert Foo, CEO of MyFP Services Sdn Bhd told StarBiz.

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