Useful pointers when buying an insurance policy or participating in a takaful plan:

☛ Understand the policy or plan including the product features, conditions, benefits limitations and exclusions

☛ Ensure that the premium or contribution payable is affordable

☛ Ensure that the amount of coverage taken is adequate and suits your needs

☛ Ensure that all material facts are fully disclosed

☛ Deal only with registered agents/licensed brokers or directly with an insurance company or takaful operators

☛ Monitor the period of coverage and time for payment of premium or contribution