Buy Term Invest Rest – Theory of Constraints

Personal insurance coverage

I have covered the insurance coverage for my child in an earlier post and thought to do the same for myself. Technically, I recognise that I have a young dependent and housing as a big ticket item. In the case of my early dismiss, I need to ensure that at least the housing loan isContinue reading “Personal insurance coverage”

Insurance coverage for my child

I am a strong advocate of Buy Term Invest the Rest (BTIR). Insurance coverage in my opinion, should be bought to cover the unexpected negative events that happen in life. This may include unforeseen death, illnesses or injuries. Savings and investment should take a separate track. Insurance Type Type Name Premium Remarks Hospitalisation Aviva MyShieldContinue reading “Insurance coverage for my child”