Withdraw EPF Fund to Pay Insurance Premium?

Vincent Lee from Penang generously shares an idea to use your EPF. This is what he shares with me in an email: For some unknown reasons, the EPF board refused to

Hold on to Life Insurance

I was quoted on Malay Mail today on life insurance issue. You can read the article here. This article also appears on the printed version of Malay Mail today on page 21. It is too bad that I can't find the newspaper here in Penang. I tried several newsstand but yielded no luck.

Don’t be stupid! Keep paying.

Paying premium for life insurance policy as long as possible is one of the best form of saving you should have. I am talking about your old policies, your existing policies which are still in force now. Perhaps you stopped paying the premium because it reaches the "critical years", or you plan to lapse the existing one in order for you to afford new insurance plans.