I almost made a mistake of canceling my insurance policy which involves a life insurance plan as well. I pay more for investment since I am hoping to get more from the returns. However, we will start a new life here in Bangkok and I can’t use insurance coverage for hospitalization and personal accidents anymore, unless I’m back to my home country. I thought of waiving those coverages off, but my agent advised me not to.

Frankly, it’s really a waste just to surrender our policies. If you are thinking about surrendering yours, you can think about selling endowment policies at a higher price instead of a low surrendered value. There are investors out there who are interested in buying the endowment policies if you can just get the quotes online from websites like Endowment Express. They should be able to help you to find a buy which offers the best price for your policy.

Nonetheless, just only do so if you are having a difficult time financially. I would prefer to be well insured that living without any coverage. You just can’t be so sure about what will happen to you in the future. Besides that, I want to make sure that my kids are will taken care of if there’s anything bad happened to me.

Anyway, the choice is yours.