Myself

single, 23 y/o, income around 3k-4k/month

my insurance plan

1) Great Eastern investment linked

life protection : 80000
critical illness : 50000
accident : 50000
return (non-guarantee) : 20 years : RM 50000

pay : RM200/month


2) Great Eastern critical illness(living care)

critical illness and life : RM 15000

pay for RM 50/month

3M+ coverage for PA only, costing 3k+ a year. No life and critical illness coverage.

This post has been edited by newbie99: Oct 20 2010, 04:32 PM

Mind sharing your reasons for buying and paying so much for PA .... and yet not having medical card or CI insurance

wow that a lot

got cash value for it?

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Added on October 20, 2010, 5:33 pmThis is one my friend in who work in Singapore one, please advice:)

income SGD1400-SGD1700 (depend on O.T)
(around 3500-RM4000)

then she got 3 x 10years endowment for total RM1500/ month

whereby she'll get around 500k to 600k++ for retirement

not protection plan =.=

what you guys think??

This post has been edited by JerryTeh: Oct 20 2010, 05:33 PM

Wow, I only have medical card. Prudential. Monthly payment is only RM 600++ (Mine + GF).

Have not get any life insurance.

wah why so high one the premium??

I thought only cost around 600++ per year only for medical card only?

Which 1 better?

ING investment linked

Or

Prudential investment linked

Strictly speaking from the Fund Performance Point of View... Manulife is awesome (Manulife Equity & Manulife Managed) are market leader in their respective class.

For Fixed Income, Great Eastern Bond Fund is T3H AW3S0M3! How do I know all this?

Because I have Personal Money Magazine right in front of me.

So if you want ILI, buy from Manulife.

Pru is so-so, ING is T3H SuXs!

Xuzen

Pru is so-so, ING is T3H SuXs!

wat mean?

i dono wording use by young men nowday

lol

I bought the PA just to support my friend who is the agent. I have enough to cover all my liabilities, hence not buying any medical card, life and critical illness insurance.

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Added on October 21, 2010, 10:28 amNo cash value, burnt every year if i dont use it. And i am not into investment linked insurance, as i feel i can get better return elsewhere (compared to the investment part of the insurance).

This post has been edited by newbie99: Oct 21 2010, 10:29 AM

interesting...how do you know you have enough to cover all liabilities?

Never heard Prudential got stand alone medical card. They got one already?

For me:

Life RM35K + Medical card + PA RM40k = RM75.09 per months

Stand Alone Critical illness RM150k = RM 285 per year (because of smoking, damn)

Thanks

This post has been edited by raph: Oct 21 2010, 03:02 PM

Xuzen, you know any ManuLife agent can do quotation for investment link insurance?

My insurance :


1) Allianz investment linked (PowerLink)

Life protection : 150000
Critical illness : 50000
Accident : 50000
H&S : 200 Room & Board, 75k annual limit, 750k life time limit.

Premium : RM150/month

Cash value not that much, paid for 3 years, got about 300+ cash value only.


2) BHI (Hospital Income)

Hospital Income : 370 per day

Premium : RM 30/month


3) Chartis Stand Alone critical Illness

Protection : 150k

Premium : 204 / year (at 25-29 age)


4) Chartis Personal Accident

Protection : 300k

Premium : 40 / month

This post has been edited by almeizer: Oct 21 2010, 02:14 PM

Manulife Customer Service

Give them a call and I am sure their rep will be very happy to see you.

Xuzen

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Added on October 21, 2010, 2:57 pmTranslation into NON-LEET speak:

Prudential's fund is mediocre whereas ING's fund under-perform wrt peer.

Xuzen


This post has been edited by xuzen: Oct 21 2010, 02:57 PM

Chartis got PA with monthly payment? Why i never heard that. lol
Is that called Juara PA?

Thanks

me 27 years old, no insurance

me, 24 years old,

1) Allianz investment linked (PowerLink)

Life protection : 150000
Critical illness : 50000
Accident : 50000
H&S : 100 Room & Board, 50k annual limit, 500k life time limit.

Premium : RM120/month

2) HLA Wealth Builder (Saving Plan)
monthly of Rm500. After 20 years = get back 72k.

what do u think?

It includes investment-linked. Medical insurance covers up to 750k in a year. I doubt I will use that much.

GF is taking Pru-lady plan.

Just calculate liabilities for myself, wife and children etc... and have enough cash, liquid asset and long term recurring income asset to cover our needs if i become totally disabled.