(A Little) Money for Your Life

Malaysia is an underinsured and undercovered nation. U For Life is a company that tries to address this by selling cheap life insurance policies online. Coverage comes at for as little as just under RM10 a month. A high level of affordability is made possible by the sale of term insurance online which contrasts vastly with the bells and whistles of agent-driven whole life policies. We ask whether term policies will rule the insurance world soon.