Does anyone know about this insurance? I got approach by the agent while taking my bloodtest at Pathlab.
How is it compare with other insurance company?
This post has been edited by starbucks_2008: Aug 29 2009, 09:39 PM
MXM Insurance, Good or bad?
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 Aug 29 2009, 09:39 PM, updated 17y ago
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Aug 29 2009, 10:35 PM
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1,192 posts Joined: Nov 2008 From: Cheras 
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i suppose MXM offer H&S policy. you need to compare the coverages eg sickness and which MCO in charged of the policy.
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Aug 30 2009, 09:23 AM
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9,027 posts Joined: Jan 2003 From: Ipoh 
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Found a bit info on this thread. http://forum.lowyat.net/topic/724871
Would recommend you to buy insurance policies/medical card from the one of 16 insurance companies in Malaysia. http://www.liam.org.my/cms/ |
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Jan 28 2010, 01:55 AM
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i was approached as well. how does it compare to others?
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Jan 28 2010, 07:58 AM
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QUOTE(starbucks_2008 @ Aug 29 2009, 09:39 PM) Does anyone know about this insurance? I got approach by the agent while taking my bloodtest at Pathlab. I have not heard about this company, maybe it's a new one or it's setup to merely sell another company's insurance product.How is it compare with other insurance company?  I would suggest you to do a cost benefit comparison, do make sure you go through the coverage details carefully before deciding. |
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Jan 28 2010, 11:56 AM
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this is a bundled product consisting of a H&S plan from pacific and a PA, death/TPD for all reasons and CI insurance from mcis zurich. both insurances are reputable players. seems pathlab is offering a group policy that combines both. i will add this to my list and let you guys know about my opinion. the charges are monthly so have to upscale it. from a quick glance the medical insurnance seems pretty expensive but the added package from MCIS is interesting due to the CI/death TPD for all reasons cover. i wonder if i can get that individually from MCIS  rebeka liked this post
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Feb 16 2010, 12:00 PM
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the medical card + life insurrance package is very good.
but , how about the mxm company?? any problem, when the company deduct the monthly or yearly bill ?? bcoz if u able to introduce other people, u're entitle to get rm30 ... .. so. ur monthly bill is not same every month ... normally the autodebit only deduct the exact figure that has been agreed b4 This post has been edited by bob: Feb 16 2010, 12:19 PM |
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Feb 17 2010, 11:32 AM
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I went and did a google search, and found more info at mxm.com.my.
1. MXM is not the registered agent of Pasific Insurance or MCIS Zurich. PATHLAB Healthcare management is. According to the About Us Section, its an associate company of PATHLAB (Even then, no clarification on what associate means, other than its part of Kam Holdings conglomerate). 2. So, does that mean you sign up with MXM, who then signs you up with PATHLAB, who then signs you up with Pasific and MCIS Zurich? Double the agent wor.. 3. Who is your servicing agent then? MXM? PATHLAB? Who do you call to confirm your claim? One thing I noticed on the medical card conditions is that your claim is subject to reasonable and customary charge. Does that mean that if the insurance, or MXM or pathlab decides thats its not reasonable, you have to pay? 4. Introduce people get RM30? Since when insurance operates as an MLM? 5. There is a picture of a membership card prominently displayed on the first page of the membership details which shows that the emergency contact is a person with a handphone number somemore. If whoever is helping me can't contact this person, is there another person they can call. Why doesn't the medical card come from Pasific insurance then? 5. Coveted Agency award is for PATHLAB, not MXM. 6. Not even a member of PIAM? LIAM? Which law do you follow then? Akta Jualan Langsung (AJL) or Akta Insurans? 7. So you get benefit of term (CI, Death, PA) + medical card. Why don't you buy directly then. Many insurance company that do Life will sell you all those. |
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Feb 17 2010, 11:56 AM
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#9
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mfitri77,
quite true. i would also prefer to just get the term benefits from MCIS directly. those benefits are pretty good - the health insurance part isnt. customary and reasonable charges is standard for pretty much all insurances in malaysia that offer H&S plans. i would assume in case of claim you will be best advised to talk to the insurance company itself since MXM is basically reselling only. i doubt they are any kind of insurance company themself and didnt find any evidence they are either. |
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Feb 17 2010, 02:15 PM
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QUOTE(PJusa @ Feb 17 2010, 11:56 AM) i would assume in case of claim you will be best advised to talk to the insurance company itself since MXM is basically reselling only. i doubt they are any kind of insurance company themself and didnt find any evidence they are either. That's the thing. How could you be reselling insurance. You want to sell insurance, you get accredited, you get registered, choose a principal and then sell. Reselling muddies the water, especially considering agent commitments to the client, and insurer's commitment to the client, in terms of who should indemnify and take over liability.Seriously tempted to check with PIAM if this is legal. Imagine running an insurance like a MLM. Insurance company = Cost Agent of Insurance company = Cost + Commission Reseller of Agent of Insurance Company = Cost + Comission + Reseller Profit (Buildings ain't Cheap) Agent of Reseller of Agent of Insurance Company = Cost + Comission + Reseller Profit + Reseller Agent Commission Water Filter are soo yesterday... |
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Feb 17 2010, 03:04 PM
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2,027 posts Joined: Jan 2003 From: PJ
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mfitri77,
i'd be interested to hear what PIAM has to say. but i fear the setup is pretty legal. the only problem would be the usage of the term MXM Insurance. if they are just broking a group contract (if you look at the application form this sems to be the case) then the whole thing is probably just a bit grey because MXM might give unexperienced people the impression that they are in fact an insurance company of their own. but they dont claim they are. company is called MXM international (http://www.mxm.com.my/main.html), the package is called "HEALTHCARE PROTECTION PROGRAM" the whole things is packaged into a "membership" (with 30 RM discount programm, very MLM) and the premium is pretty high. pathlab is the agent for the insurance companies and MXM seems a club of some sort run by pathlab. so if you ask me - i doubt it's illegal but i also doubt its beneficial to the members. the medical premium seems high - not too sure on the term life package. i assume a similar or better cover can be obtained elsewhere, probably even directly from the respective insurance companies. i think your hunch about the overly inflated cost is pretty spot on. the huge discount they offer speaks for itself. i never noticed its monthly before you pointed out the discount sheme. |
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Feb 17 2010, 04:58 PM
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This reminds me what my wife once came back and told me. An agent came to her school, touting free CI cover for two years, you don't have to pay anything, just sign up and you are covered for TWO YEARS. She didn't sign up merely because I've pretty much set her policies up nicely (and for the *nakal* daughter of mine, but her friends sign up in droves.
Know what they got? *** Credit Cards. Yes, the CREDIT CARD agent actually told the Ministry in need of EDUCATION that they are offering free CI cover, got a letter supporting them going to schools and signs up teacher (which income, even at the lowest, qualifies them for a credit card) on credit cards. Even the CI policy is a joke, not worth mentioning. People, please. YOU NEED COVER. Can't stress that enough. But a good cover cost money, and it does not come free. The best cover is a policy that stands on its own, not part of a membership card that gets you free coffee at starbucks, of free buffet dinner at some kopitiam. You join a club or get a membership for a purpose. Join Fitness First to use the gym, join Persatuan Bulan Sabit Merah for the first aid knowledge (or the cute girls) but why on earth do you join MXM? What reason, what purpose? If its for the medical benefits as stated, then as I have pointed below, better get in touch with direct agents or go straight to the principal. Why - For one, we are REGULATED to our noses, hanky panky and WE COULD END UP IN JAIL. OR worse, TERMINATED. The list of insurance company, and the agent representing that you should deal with is www.piam.org.my and www.liam.org.my. or www.malaysiantakaful.com.my for takaful. Any of those companies listed there are fully regulated by BNM. |
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Feb 17 2010, 06:35 PM
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base on my understanding (in blue...)
QUOTE(mfitri77 @ Feb 17 2010, 11:32 AM) I went and did a google search, and found more info at mxm.com.my. that is my basic understanding about this ..1. MXM is not the registered agent of Pasific Insurance or MCIS Zurich. PATHLAB Healthcare management is. According to the About Us Section, its an associate company of PATHLAB (Even then, no clarification on what associate means, other than its part of Kam Holdings conglomerate). MXM is a MLM company ... not insurance agent. so MXM use Pathlab (brother/sister company .. maybe) as their agent. 2. So, does that mean you sign up with MXM, who then signs you up with PATHLAB, who then signs you up with Pasific and MCIS Zurich? Double the agent wor.. when u sign up .. there are few form/document related to each other, which are .... ..... for Pacific Ins (medic-card), Mcis (term life ins), MXM membership ... 3. Who is your servicing agent then? MXM? PATHLAB? Who do you call to confirm your claim? One thing I noticed on the medical card conditions is that your claim is subject to reasonable and customary charge. Does that mean that if the insurance, or MXM or pathlab decides thats its not reasonable, you have to pay? not sure 4. Introduce people get RM30? Since when insurance operates as an MLM? this bcoz, u buy insurance thru MXM (the MLM co.) .. not directly from insurance company. that makes the different 5. There is a picture of a membership card prominently displayed on the first page of the membership details which shows that the emergency contact is a person with a handphone number somemore. If whoever is helping me can't contact this person, is there another person they can call. Why doesn't the medical card come from Pasific insurance then? In the form, there is another relative no. to call. Yes, medical card is from pasific Ins ..... not from MXM. MXM use insurance products as their selling product for MLM license 5. Coveted Agency award is for PATHLAB, not MXM. bcoz pathlab is the agent 6. Not even a member of PIAM? LIAM? Which law do you follow then? Akta Jualan Langsung (AJL) or Akta Insurans? MXM is under AJL ....their product is insurance. but Pasific Ins should be under LIAM, right 7. So you get benefit of term (CI, Death, PA) + medical card. Why don't you buy directly then. Many insurance company that do Life will sell you all those. true ... but combination with MLM, so each introducer will get rm30. so, people can save their cost especially on medical card. Bcoz, if there is no claim, the monthly premium that u pay will be burnt. so, in order to get win-win situation, people tend to choose medical card from MXM rather than directly go to insurance co. if there is a mistake, hope someone can explain better. actually, i still thinking to join or not ... This post has been edited by bob: Feb 17 2010, 06:37 PM |
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Feb 18 2010, 08:43 AM
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1,167 posts Joined: Dec 2008
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1. To sell insurance, you must be an agent, or license by BNM to do so. Its the law. Again, if you are not a registered agent, you shouldn't even be able to talk to a prospect.
2. Why tie up with MXM then? Just go and buy direct from agent or principal, again, for what reason must I join MXM. I sell Pru policies, but I don't ask them to join Pru as members. 3. You think hospital would accept this answer when you are being admitted? 4. Who do you think pays the Rm30? The company? Please lah, the poor sod who you introduced pays your that Rm30. That Rm30 more than getting it from agent or principal. 5. So where's the medical card from Pasific then? Why give MXM branded card? Your relative can provide guarantee letter to the hospital? 6. All agents need to register with LIAM if they sell life and PIAM if they sell general. Or MTA if they sell takaful. Again, as agent selling insurance you are under the purview of LIAM, PIAM and BNM. Not AJL. MXM cannot avoid that. 7. What saving? Dude, you seriously need to talk to a proper agent. Some GI will accumulate cash value, even term would accumulate cash value over time. Trust the otai's here when they say this is not worth your money. There is no win-win situation here. You only win if you get insured from the proper party. |
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Feb 18 2010, 09:42 AM
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2,027 posts Joined: Jan 2003 From: PJ
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mfitri77,
i really appreciate your comments. good to have someone trying to sense into the interested parties. the fact that they are willing to give the introducer RM 30 every month for every introduced member clearly shows that the product is overpriced. not only do you pay insurance profits, agent comission and MXM profits but apparently there is so much profit in this that they can offer 30 RM off too without hurting their buttomline. if anyone likes the package, go call MCIS and pacific for the pricing if you insure directly. yes MXM got a group cover which sometimes can be cheaper but the obvious overhead and the apparently quite high prices for the end-product seem to show that those savings are not passed to the group but are beeing kept in the company. i will check with MCIS what i would have to pay if i buy the same package from them directly. if i get an answer, i will let you guys know. |
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Feb 18 2010, 12:34 PM
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1,707 posts Joined: Mar 2006
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u can go direct to insurance company.
the premium bill monthly is lower than what MXM is offer. BUT, u've to pay everything by urself. with MXM, eventhough the price is higher but if u can get 5-6 client, then the medical card is free for you. Bcoz for each client, u're entitle to get rm30. remember, if there is no claim for medical expenses so whatever amount u pay monthly will consider burn. U can't claim anything. Not like life insurance coverange. This post has been edited by bob: Feb 18 2010, 12:35 PM |
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Feb 18 2010, 01:09 PM
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1,167 posts Joined: Dec 2008
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Let's put a few things straight. I am an insurance agent, life and soon to be General also. If you are hankering on getting returns when you buy insurance, then you don't buy general insurance, you buy life.
In general insurance, not every policy will make a claim. That is because its a short time limited contract, eg. cover will be on a spesified period only, eg one year. After that, no more cover. Because of this, general insurance is cheaper. And no return. BUT CHEAP! In life, every policy will make a claim. Either maturity, withdrawal, claim or whatever. We call it whole life because its more of cover until u die situation. You get return based on the type, either endownment or ILP, or accumulated cash value. You agree that premium is lower by taking it direct, yet you argue that you have to pay yourself, because if you get 5-6 client then medical card is free. Are you joining MXM because of the medical card benefits or because you want to make untung here? Because if you want to make untung, that means you are acting like an agent for MXM. That means you need to pay RM180, I assume a month to get the listed benefit. If you are willing to pay that much money a month, by taking an ILP you will get more benefits. Okay, another thing is, how long does your entitlement last? The whole year? General medical cards are also now giving out NCB, eg discounts on renewal if you don't make a claim. Life also now starting to give cash bonus for NCB for medical cards. They final point here is this. We think this is a very bad idea, considering the higher premium you pay. Get better cover, better policy somewhere else, or get direct. |
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Feb 18 2010, 01:36 PM
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1,707 posts Joined: Mar 2006
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its up to the user.
u can pay less, by urself Or .... pay more but can get its for free if u can get others to join. afterall, the medical expenses is covered by insurance co. too no harm at all |
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Feb 18 2010, 11:59 PM
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6,660 posts Joined: Jan 2003 From: Palace of sexology 
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i believe this is a new scam of MLM.
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Feb 19 2010, 08:44 AM
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1,167 posts Joined: Dec 2008
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Looking into this further, what I found is if this is a group policy issued by Pasific and the agent is Pathlab, and they are promoting this as a membership thing, they would have to go under section 186 of the Insurance act. That means whoever is selling this gorup policy has to disclose ;-
No person shall arrange a group policy for persons in relation to whom he has no insurable interest without disclosing to each person a. Name of insurer b. Relationship with insurer c. conditions of the group policy, Including remuneration payable to him d. premium charged by the licensed insurer They can't hide how much premium Pasific is charging, and how much they get from the deal. If they do so, then breach of section 186. * Goes under section 152, Insurable interest - Policyholder that have insurable interest, like a. spouse, child or underage ward b. employee c. notwithstanding a, a person who is wholly and partialy dependant |
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Feb 19 2010, 09:45 AM
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QUOTE(vexus @ Feb 18 2010, 11:59 PM) i believe this is a new scam of MLM. why??can u explain more ... |
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Feb 19 2010, 02:58 PM
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2,027 posts Joined: Jan 2003 From: PJ
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mfitri77,
want to ask MXM? otherwise i ask them  |
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Feb 19 2010, 03:22 PM
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1,167 posts Joined: Dec 2008
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Better us both. I'm currently looking for the agent, just to get a feel how they are marketing this thing. What I find is normally, they would be two types of answer, the real one and the marketing one. Let's see if they give same answer to us both.
We should get in touch with Pasific and MCIS Zurich also, just to get their end of the story. We need to know if they have sanctioned this type of membership program, being that the nexus between MXM and the two insurer is PATHLAB as the agent. I have done some research to see if anyone is marketing anything close to what they are doing, and so far turned up nothing remotely similar. Attached insurance policies normally confined to PA or CI policies (cheap group policy cost). From the brochure, it seems to me that they are masking the membership card as a full fledged medical card of sorts, the focus rather than added benefit. Lets do some investigating.... |
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Feb 22 2010, 12:27 PM
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1,707 posts Joined: Mar 2006
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just called pacific insurance to clarify the medical card.
according to the person from medical card dept. ,,, MXM has sell the medic-card under Pathlab. Bcoz pathlab is a corporate agent to pacific. this service between pathlab & pacific (for medic-card) has been running since 1998. |
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Feb 22 2010, 01:43 PM
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2,027 posts Joined: Jan 2003 From: PJ
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emailed MCIS and pacific too. i am most interested in the actual premiums charged. over the phone nobody wanted to or couls give me this information.
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Feb 22 2010, 08:28 PM
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i met my fren who just being a member of MXM..i read his policy yearly premium is only RM417..but his has to maintain RM128 per month to get the coverage
Y is tat a big gap?? |
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Feb 23 2010, 02:30 AM
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64 posts Joined: Nov 2007 
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Not too sure about MXM. All I know is they've got some stories about how they run their MLM business... Mostly negative feedback. Personally, I doubt MXM specializes in insurance (as they also sell bunch of many other things), don't think they're focused or have the right skills and administration. I'd rather go for proper insurance companies.
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Feb 23 2010, 10:25 AM
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QUOTE(crocky @ Feb 22 2010, 08:28 PM) i met my fren who just being a member of MXM..i read his policy yearly premium is only RM417..but his has to maintain RM128 per month to get the coverage if not mistaken, rm417 is corporate package price for Pathlab ... but since MXM is MLM co ... so they mark up the price bcoz need to give the commission & makes profit.Y is tat a big gap?? actully if u go direct to pacific or any other insurance co.. ... u can't get that price (rm417) for the same amount of medic-card coverage. but still, ur monthly premium is lower than what mxm offered. |
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May 2 2011, 12:29 AM
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19 posts Joined: Aug 2010 From: ◄ Kepong▼ PJ◄► Selayang▲ KL► MAL 
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QUOTE(Micky78 @ Aug 29 2009, 11:35 PM) i suppose MXM offer H&S policy. you need to compare the coverages eg sickness and which MCO in charged of the policy. Ｐａｃｉｆｉｃ ｉｎｓｕｒａｎｃｅAdded on May 2, 2011, 12:33 am QUOTE(bob @ Feb 23 2010, 11:25 AM) if not mistaken, rm417 is corporate package price for Pathlab ... but since MXM is MLM co ... so they mark up the price bcoz need to give the commission & makes profit. Who said ?? pls actully if u go direct to pacific or any other insurance co.. ... u can't get that price (rm417) for the same amount of medic-card coverage. but still, ur monthly premium is lower than what mxm offered. Is it include Blood screen , Gym ! ( i tell u the medical card is free for our member ! ) we didn't sell insurance ! We free insurance ! Do u know how much gym membership in outsite ? Added on May 2, 2011, 1:06 am QUOTE(mfitri77 @ Feb 17 2010, 12:32 PM) I went and did a google search, and found more info at mxm.com.my. Ans : 50k Life , 50k- 36 CI, 100k- PA is only rm420/year! Very Cheap ! so we save money ! I buy Ur risk , Pls sell ur risk to MXM !ans: dont only search online ! come n visit our office ! 1. MXM is not the registered agent of Pasific Insurance or MCIS Zurich. PATHLAB Healthcare management is. According to the About Us Section, its an associate company of PATHLAB (Even then, no clarification on what associate means, other than its part of Kam Holdings conglomerate). ans : MXM is pathlab 's marketing Am ! we not sell insurance ! we free insurance to our member ! 2. So, does that mean you sign up with MXM, who then signs you up with PATHLAB, who then signs you up with Pasific and MCIS Zurich? Double the agent wor.. ans: Pathlab Healthcare Management is coperate agent ! As long u r MXm member , U will enjoy the free insurance , Free for life !* 3. Who is your servicing agent then? Ans: it's a cashless card . MXM? PATHLAB? Who do you call to confirm your claim? One thing I noticed on the medical card conditions is that your claim is subject to reasonable and customary charge. Does that mean that if the insurance, or MXM or pathlab decides thats its not reasonable, you have to pay? ans: it will hv a Policy contract by Pacific insurance directly v Policyholder ! + a 24th HOUR emergency Asist call Asia asist !(same likesomemore Pru D..., Allia.., I.., Uni A...'s policy ) 4. Introduce people get RM30? Since when insurance operates as an MLM? We not sell insurance, only U sell insurance We free insurance like goft club , MXM since Years 1998 ! 5. There is a picture of a membership card prominently displayed on the first page of the membership details which shows that the emergency contact is a person with a handphone number somemore. If whoever is helping me can't contact this person, is there another person they can call. Why doesn't the medical card come from Pasific insurance then? Ans: who said pacific No medical card ? we provide one MXM member card n One pacific card ! hv u see the card behind ? 5. Coveted Agency award is for PATHLAB, not MXM. Pathlab is establish since 1952 ! MXM is Marketing company for Pathlab ! hv u come to our 14th floor 's club @ Phileo ( so call agency ) ! wellcome to take a TOUR ! 6. Not even a member of PIAM? LIAM? Which law do you follow then? Ans: Pathlab is under PIAM's coperate Agency! Akta Jualan Langsung (AJL) or Akta Insurans? Ans: Our Datin is the MDDA president U know ? 7. So you get benefit of term (CI, Death, PA) + medical card. Why don't you buy directly then. Many insurance company that do Life will sell you all those. Added on May 2, 2011, 1:11 am QUOTE(vexus @ Feb 19 2010, 12:59 AM) i believe this is a new scam of MLM. I belive this : http://www.mdda.org.my/committee_members.html President Datin Sylvia Koh is the boss of the company , she can scam well, scam until become MDDA President ! This post has been edited by tony9683: May 2 2011, 01:11 AM |
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May 2 2011, 06:45 PM
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Senior Member
2,027 posts Joined: Jan 2003 From: PJ
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MDDA = Malaysian Direct Distribution Association
so its a promotion organisation for direct selling / MLM isnt it? i wonder only one thing: would it be cheaper to insure myself directly and skip the gym membership? also note: Pacific doesnt guarantee the premiums |
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Nov 11 2011, 06:25 PM
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19 posts Joined: Aug 2010 From: ◄ Kepong▼ PJ◄► Selayang▲ KL► MAL
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all make shit @ above ! who dont understand MXM !
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 Nov 11 2011, 06:32 PM
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19 posts Joined: Aug 2010 From: ◄ Kepong▼ PJ◄► Selayang▲ KL► MAL
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QUOTE(wileen_cheng @ Feb 23 2010, 03:30 AM) Not too sure about MXM. All I know is they've got some stories about how they run their MLM business... Mostly negative feedback. Personally, I doubt MXM specializes in insurance (as they also sell bunch of many other things), don't think they're focused or have the right skills and administration. I'd rather go for proper insurance companies. Not too sure about MXM. All I know is they've got some stories about how they run their MLM business... Mostly negative feedback. Personally, ans: execuse! Not sure mean u dont simply talk ! I doubt MXM specializes in insurance (as they also sell bunch of many other things), don't think they're focused or have the right skills and administration. I'd rather go for proper insurance companies. ans : we r directly issue the policy from PACIFIC Insurance u know or not ? Added on November 11, 2011, 6:38 pm QUOTE(crocky @ Feb 22 2010, 09:28 PM) i met my fren who just being a member of MXM..i read his policy yearly premium is only RM417..but his has to maintain RM128 per month to get the coverage tony ans : this is a membership program v xtra value ! include many thing , the medical is only a part of it ! Y is tat a big gap??  This post has been edited by tony9683: Nov 11 2011, 06:38 PM |
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Sep 21 2012, 05:02 PM
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QUOTE(ayamkambing2012 @ Sep 21 2012, 11:09 AM) any new update or new comers to these types of schemes? We are still survive and always enjoy our working days.  |
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Sep 22 2012, 01:34 AM
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670 posts Joined: Aug 2005
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just make a comparison from a few other reliable insurer company like PRU, GE, ING. Than just decide weather the product suits your needs or not.
Another factor is the agent who goin to service you for the rest of life is much more important than the policy you bought. Just my 2 sense |
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Sep 22 2012, 05:41 PM
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QUOTE(Colaboy @ Sep 22 2012, 01:34 AM) just make a comparison from a few other reliable insurer company like PRU, GE, ING. Than just decide weather the product suits your needs or not. Nothing to compare about as it is totally different thing. Insurance is customized base on individual needs.Another factor is the agent who goin to service you for the rest of life is much more important than the policy you bought. Just my 2 sense Nowadays those who still need agent to serve can consider outdated. Why need agents to serve? Agents are not as reliable as you thought due to conflict of interest. How long can an agent ensure themselves of how long will their service last? Nowadays all corporates include banks, supermarkets, electrical appliance retailers, Pos malaysia are selling insurance. Dont they have enough staffs to serve you eventhough agent close shop or dead? Regarding of insurance, no party need to be serve unless there are enquiry. (More to consultantion) Regarding claims, less than 10% of agent have knowledge about it and there are claims department from insurance company who can assist. Regarding value also none agent can do unless get printed from insurance company. Regarding investment, I bet bankers are more brilliant than insurance agent except those really have good knowledge of existing investment market in the globe but not just their own products. Do make yourself clear that, insurance is for protection, investment is for bank, health awareness is for your food intake control, exercise and rest. |
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May 29 2013, 02:05 AM
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Junior Member
19 posts Joined: Aug 2010 From: ◄ Kepong▼ PJ◄► Selayang▲ KL► MAL
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QUOTE(Colaboy @ Sep 22 2012, 02:34 AM) just make a comparison from a few other reliable insurer company like PRU, GE, ING. Than just decide weather the product suits your needs or not. hv u look at tis ? pls go thru tis Album ! --> http://www.facebook.com/photo.php?fbid=101...&type=3&theater .Another factor is the agent who goin to service you for the rest of life is much more important than the policy you bought. Just my 2 sense This post has been edited by tony9683: May 29 2013, 02:06 AM |
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May 29 2013, 02:12 AM
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Junior Member
19 posts Joined: Aug 2010 From: ◄ Kepong▼ PJ◄► Selayang▲ KL► MAL
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QUOTE(PJusa @ May 2 2011, 07:45 PM) MDDA = Malaysian Direct Distribution Association just launch a no 6th generation product Call MediSaver ! info--> http://www.facebook.com/media/set/?set=a.1...40358437&type=3 .so its a promotion organisation for direct selling / MLM isnt it? i wonder only one thing: would it be cheaper to insure myself directly and skip the gym membership? also note: Pacific doesnt guarantee the premiums |
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 May 29 2013, 02:17 AM
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Junior Member
19 posts Joined: Aug 2010 From: ◄ Kepong▼ PJ◄► Selayang▲ KL► MAL
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QUOTE(freewisefly @ Sep 22 2012, 06:41 PM) Nothing to compare about as it is totally different thing. Insurance is customized base on individual needs. Totally agree ! --> insurance is for protection, investment is for bank, health awareness is for your food intake control, exercise and rest. Nowadays those who still need agent to serve can consider outdated. Why need agents to serve? Agents are not as reliable as you thought due to conflict of interest. How long can an agent ensure themselves of how long will their service last? Nowadays all corporates include banks, supermarkets, electrical appliance retailers, Pos malaysia are selling insurance. Dont they have enough staffs to serve you eventhough agent close shop or dead? Regarding of insurance, no party need to be serve unless there are enquiry. (More to consultantion) Regarding claims, less than 10% of agent have knowledge about it and there are claims department from insurance company who can assist. Regarding value also none agent can do unless get printed from insurance company. Regarding investment, I bet bankers are more brilliant than insurance agent except those really have good knowledge of existing investment market in the globe but not just their own products. Do make yourself clear that, insurance is for protection, investment is for bank, health awareness is for your food intake control, exercise and rest. the agent commission already get more then 55% ! urs All r invest the agent only ! Ha Ha ! |
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May 29 2013, 02:25 AM
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Junior Member
19 posts Joined: Aug 2010 From: ◄ Kepong▼ PJ◄► Selayang▲ KL► MAL
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QUOTE(bob @ Feb 23 2010, 11:25 AM) if not mistaken, rm417 is corporate package price for Pathlab ... but since MXM is MLM co ... so they mark up the price bcoz need to give the commission & makes profit. that our Co operate rate ! Any prove u can take Pacific policy with this rate ? actully if u go direct to pacific or any other insurance co.. ... u can't get that price (rm417) for the same amount of medic-card coverage. but still, ur monthly premium is lower than what mxm offered. Claim info--> http://www.facebook.com/photo.php?v=101516...&type=3&theater . |
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May 29 2013, 02:31 AM
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Junior Member
19 posts Joined: Aug 2010 From: ◄ Kepong▼ PJ◄► Selayang▲ KL► MAL
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QUOTE(allenultra @ Aug 30 2009, 10:23 AM) Found a bit info on this thread. http://forum.lowyat.net/topic/724871 i did the Market research dy ! here is the result--> http://www.facebook.com/media/set/?set=a.1...40358437&type=3 .Would recommend you to buy insurance policies/medical card from the one of 16 insurance companies in Malaysia. http://www.liam.org.my/cms/ |
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May 29 2013, 02:34 AM
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Junior Member
19 posts Joined: Aug 2010 From: ◄ Kepong▼ PJ◄► Selayang▲ KL► MAL
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QUOTE(allenultra @ Aug 30 2009, 10:23 AM) Found a bit info on this thread. http://forum.lowyat.net/topic/724871 i did the market research --> http://www.facebook.com/media/set/?set=a.1...40358437&type=3 .Would recommend you to buy insurance policies/medical card from the one of 16 insurance companies in Malaysia. http://www.liam.org.my/cms/ |
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May 29 2013, 04:34 PM
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Senior Member
2,027 posts Joined: Jan 2003 From: PJ
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maybe you wanna disclose your terms and conditions and limits?
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May 31 2013, 10:35 PM
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Junior Member
91 posts Joined: Jan 2013
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Is a mlm started many years ago.. Office at pj
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Oct 13 2016, 05:50 PM
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Senior Member
1,108 posts Joined: Oct 2006
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Any update?
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Oct 13 2016, 08:26 PM
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Senior Member
9,616 posts Joined: Dec 2013
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QUOTE(neyoyo @ May 31 2013, 10:35 PM) Is a mlm started many years ago.. Office at pj thanks for telling us (kinda necro post though)..mlm everywhere, insurance, engine oil, gold, water filter, supplements, perfume... mlm  |
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Feb 27 2017, 09:45 PM
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Senior Member
942 posts Joined: Jan 2003 From: KL
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Hi all, my mum is holding existing mxm policy underwriter by pan pacific.
now mxm encourage to upgrade to lon pac insurance in this case ,is consider as new case? need declare medical condition? is this anyadvice? |
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Dec 31 2017, 01:16 AM
Show posts by this member only | IPv6 | Post
#47
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Junior Member
19 posts Joined: Aug 2010 From: ◄ Kepong▼ PJ◄► Selayang▲ KL► MAL
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QUOTE(heavensea @ Oct 13 2016, 09:26 PM) thanks for telling us (kinda necro post though).. tony ans : here topic MXM , mlm is wrong topic dy bro !mlm everywhere, insurance, engine oil, gold, water filter, supplements, perfume... mlm |
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Dec 31 2017, 01:19 AM
Show posts by this member only | IPv6 | Post
#48
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Junior Member
19 posts Joined: Aug 2010 From: ◄ Kepong▼ PJ◄► Selayang▲ KL► MAL
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QUOTE(soulmad @ Feb 27 2017, 10:45 PM) Hi all, my mum is holding existing mxm policy underwriter by pan pacific. tony ans : lon pac is take over the whole portfolio , they take over ur existing condition ( exclusion term )now mxm encourage to upgrade to lon pac insurance in this case ,is consider as new case? need declare medical condition? is this anyadvice? |
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Dec 31 2017, 01:34 AM
Show posts by this member only | IPv6 | Post
#49
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Junior Member
19 posts Joined: Aug 2010 From: ◄ Kepong▼ PJ◄► Selayang▲ KL► MAL
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QUOTE(soulmad @ Feb 27 2017, 10:45 PM) Hi all, my mum is holding existing mxm policy underwriter by pan pacific. tony ans : underwriter by Pacific ins , not Pan Pacificnow mxm encourage to upgrade to lon pac insurance in this case ,is consider as new case? need declare medical condition? is this anyadvice? , lon pac is gv better offer better benefit LIFE TIME NO LIMIT . there take over the whole portfolio of mxm , everything follow ur existing condition of ur policy include u hv claim history( only offer this end of y17) |
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Feb 15 2019, 08:21 PM
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Senior Member
8,635 posts Joined: Jun 2006 From: Jeonju/Jeollabuk-do
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Hi. How about MXM International Sdn Bhd? ckdenion liked this post
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Feb 16 2019, 08:42 AM
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Senior Member
2,032 posts Joined: Jan 2014 From: Sabah, Malaysia
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QUOTE(allenultra @ Aug 30 2009, 09:23 AM) Found a bit info on this thread. http://forum.lowyat.net/topic/724871 Why tune insurance not inside?Would recommend you to buy insurance policies/medical card from the one of 16 insurance companies in Malaysia. http://www.liam.org.my/cms/ |
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Feb 16 2019, 08:55 AM
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All Stars
14,866 posts Joined: Mar 2015
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QUOTE(woonsc @ Feb 16 2019, 08:42 AM) Why tune insurance not inside? maybe that was from a link from a year 2009 post?anyway can try check this out? Licensed Insurance Companies & Takaful Operators http://www.bnm.gov.my/index.php?ch=li&cat=...e=G&fund=0&cu=0 |
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Feb 16 2019, 10:23 AM
Show posts by this member only | IPv6 | Post
#53
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Senior Member
9,027 posts Joined: Jan 2003 From: Ipoh
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QUOTE(woonsc @ Feb 16 2019, 08:42 AM) Why tune insurance not inside? Tune Insurance is formed after that.Tune was OCA (Oriental Capital Assurance), Uncle Tony bought over. |
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Aug 27 2019, 06:12 PM
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Junior Member
198 posts Joined: Jun 2012
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QUOTE(Raikkonen @ Feb 15 2019, 08:21 PM) Hi. Its the same thing i believeHow about MXM International Sdn Bhd? |
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Feb 22 2021, 11:52 AM
Show posts by this member only | IPv6 | Post
#55
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All Stars
12,268 posts Joined: Oct 2010
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Anyone with further experience with Medisavers of MXM, please share your experiences here.
Thanks |
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May 6 2021, 07:22 PM
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Newbie
15 posts Joined: Oct 2018
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QUOTE(prophetjul @ Feb 22 2021, 11:52 AM) Anyone with further experience with Medisavers of MXM, please share your experiences here. I'm a advisor from MXM, how can I assist you?Thanks |
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May 7 2021, 08:09 AM
Show posts by this member only | IPv6 | Post
#57
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All Stars
12,268 posts Joined: Oct 2010
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QUOTE(ELJ @ May 6 2021, 07:22 PM) I'm a advisor from MXM, how can I assist you? i want a 3rd party experience, not one who has vested interest.Thanks |
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May 7 2021, 09:03 AM
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Newbie
15 posts Joined: Oct 2018
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QUOTE(prophetjul @ May 7 2021, 08:09 AM) i want a 3rd party experience, not one who has vested interest. Well, I'm also a medisavers medical card member, Thanks Benefits of MediSavers eMedicalCard 10% automatically increasing coverage benefits every 3 years. High RM1,100,000 per illness limit. No lifetime limit and no annual limit. Guaranteed renewable until Year 2115. Policy cannot be amended. No withdrawal conditions. 24-hour worldwide emergency medical evacuation and repatriation of mortal remains up to USD1,000,000. 52-test blood screening voucher with cancer markers included every year from PATHLAB. The only eMedicalCard endorsed by Koperasi Persatuan Perubatan Malaysia Berhad. |
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May 7 2021, 09:14 AM
Show posts by this member only | IPv6 | Post
#59
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All Stars
12,268 posts Joined: Oct 2010
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QUOTE(ELJ @ May 7 2021, 09:03 AM) Well, I'm also a medisavers medical card member, WellBenefits of MediSavers eMedicalCard 10% automatically increasing coverage benefits every 3 years. High RM1,100,000 per illness limit. No lifetime limit and no annual limit. Guaranteed renewable until Year 2115. Policy cannot be amended. No withdrawal conditions. 24-hour worldwide emergency medical evacuation and repatriation of mortal remains up to USD1,000,000. 52-test blood screening voucher with cancer markers included every year from PATHLAB. The only eMedicalCard endorsed by Koperasi Persatuan Perubatan Malaysia Berhad. i like to know the experience of subscribers to their claims and nature of their claims. |
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May 7 2021, 01:07 PM
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Newbie
15 posts Joined: Oct 2018
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QUOTE(prophetjul @ May 7 2021, 09:14 AM) Well Since there isn't many people here with claim experiences, it does follow the standard claims procedure like most insurers, below is the sop:i like to know the experience of subscribers to their claims and nature of their claims.   |
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Sep 13 2022, 10:46 PM
Show posts by this member only | IPv6 | Post
#61
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Senior Member
1,108 posts Joined: Oct 2006
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I heard insurance plan not available anymore?
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Jul 24 2024, 04:30 PM
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Senior Member
1,825 posts Joined: May 2010
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QUOTE(ELJ @ May 7 2021, 01:07 PM) Since there isn't many people here with claim experiences, it does follow the standard claims procedure like most insurers, below is the sop: Now not using metafin apps?They combine between medisavers and metafin right? |
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