Wednesday, October 7, 2009
Rockwills - The Importance Of Setting Up An Insurance Trust
A giant banner like this is hanging at Wisma Rockwills at Old Klang Road. The message is very clear, we work so hard to ensure there are insurance payout from our insurance policies, but is our children capable of handling such a large sum of moneys?
We should appoint a trust corporation like Rockwills Trustee Berhad to handle these pay out so that the moneys actually able to benefit our children in long run. Set us an insurance trust for your insurance policies so that your children or minor beneficiaries able to benefit in a longer period. This also ensure he/she will not be cheated with the big sum of moneys when he/she receive it when you are no longer around.
An insurance trust is basically an arrangement whereby you named a trust corporation as beneficiary and upon death, the company will receive the insurance moneys and pay according to the trust deed you sign on how to use the moneys.
Please visit http://www.rockwillsonline.com.my/ for more information on trust and will.
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