Here is a comparison between Critical illness Coverage in Malaysia and Jack Ma’s ANT Financial:
| ANT Financial (Xian Hu Bao) | Malaysia | |
| Sum Assured | RM 183,947 | RM 183,947 |
| Annual Premium | .6 ¢ (For every Claim of Critical illness) | RM 9,000 |
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The beginning of Life Insurance in Malaysia, in the beginning of the 1900, perhaps the Claim issue was the pain point.
Hampered by frauds and unregulated frame-work Insurance was an enigmatic business to most people.
It became exceptional scary where … Read more
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