My Life & My Insurance

Met up with my Insurance Agent to discuss on more plans to cover Hospitalization, Accidental, Death & Major illnesses on top of my Life Insurance w Great Eastern.

Got myself:
1. Female Medical Plan Benefits (Worldwide Coverage) $1,252.97
2. Hospitalisation & Surgical Plan $578.80
3. Accidental (Mur/Sui after 1 yr) $245.75
4. Savings $2,400.01

Have to spend a total of $4,477.53 per year on the above, which works out to be $373.13 per month. If I include my monthly basic commitments now like car instalment, Hp, POSB savings, petrol... will come up to $1,500 per month! That's FKG hefty alrite!

With my eating & shopping habits now, I will prob use up $500 a month on a comfortable and trim lifestyle.
Thinking of which, if I include my Car Insurance & road tax, I'll have to save anther $150 / mth.
So, I'll have to live on a hefty $2,150 commitment every month just to survive!
If there are no other 'unforeseen' circumstances, I get to save any balance $alary into my bank.
(*Talking of which, fyi. Hong Leong Finance give the highest interest at 2.25% per annum)

Gosh....
Am I over committing here?
OK, I'm not clearly becos' the above is all Mandatory for my life, work and security...
My next question is: Wonder if I can still afford to buy a property.
Yes, if I can save all excess $$$ for liquidity & cash flow. (*Cash flow is very important on top of your savings plan)
OK So, no private estate for the moment... (always been my dream to own a condo...)
Maybe a HDB can still be affordable as deduction is from CPF.
Now I know how much my job & salary means to me.
I am always thinking of switching into Property... but after my own financial analysis, how can I afford NOT to have a basic salary for my next job?
I have to work doubly hard, save doubly hard too for the moment.
I don't wana fall sick...
I don't wana be a burden to anyone...
I'm skeptical about life for now...
Cos' I'm not that healthy afterall...
I cross my fingers.
Let us pray...
สาธุ

My thoughts:
If I ever get married, I hope my hubby will be fully covered too for insurance... cos' U'll never know when illness or accidents can hit u or affect your family.
Kids? Guess it will be too costly to maintain one... the consultation. fees, the Op fees, preparation for the new born, the baby's necessaties, food, baby's insurance, future education fees, OMG! It's scary to think of it..... unless my future hubby can afford himself and kids, I doubt it is realistic now.

Another thought:
If I ever get married, I still hope my hubby gets covered by his insurance. I may have kids if my health permits...
If I don't have enough $$$ for house, I may choose to stay at my existing house or my hubby's. ** I will strive through my kid's up bringing.... and live trimly.
Unless I got a RICH husband. :p

** Correction: I will still buy a house... rent it out & collect rental to support my family. Ya... think this is more practical... cos' CPF is left there to rot.