Yup, You are right.

A good plan should be more "focus" on protection rather that return of investment.

You have made a right decision to get a medical card even you are cover by your company.

There are some peoples won't do that until they reach retirement age and then only find out it become too costly to buy

Yes, we should try to get insurance protection as young as possible, our age is like '$ inflation', premium will be expensive when we get older... just like my case ... I wish I bought insurance plan much earlier.

This post has been edited by clickNsnap: Feb 28 2012, 08:32 PM

It is never too late to start "now" or never

yes

Btw, how much is your 36 CI coverage because you didnt state it?

700k MRTA? 400 per month? 400 per month suppose not MRTA right? Should be level coverage.

Yes. You are right. Insurance can't make u rich. However, it compensate for the lost of income of the insured

take for future plan, friend.

recently any hong leong insurance agent called you? there is RM58 per month plan. Mind to explain more if anyone knows abt it. Coz when the agent talked to me i couldn't hear properly. The insurance only for Hong Leong customer only

hi all, please advise which insurance should i take?
I'm 27 this year.

Depending on what insurance is that. You won't want something redundant. Though rm58/month, it might be just pa. Do check it out, I don't know what is the plan all about.

---

Added on March 6, 2012, 2:31 pmGo for a comprehensive protection plan 1st. It's a must.

This post has been edited by cwsimonho: Mar 6 2012, 02:31 PM

1) Investment link product is good but customer need to understand that all the insurance charges will increase every year. The protection is valid unless your's fund units sufficient to pay the charges.

2) HLA Wealth Builder monthly RM500/ month, pay for how long? 20yrs? 10yrs?

---

Added on March 6, 2012, 2:41 pm1st insurance? Then I strongly u do the protection coverage such as critical illness and medical card. Which is necessary now. If you interested, pm me for details. Thanks.

---

Added on March 6, 2012, 2:51 pmHi, I'm in insurance industry for 8 years already, hope my opinion will help u. Firstly, you must do the protection coverage rather than endowment. Why I'm say so? Cause the endowment plan will need longer time to cumulate you saving which is at least 15 years. But, since your are 24, also is your golden time for your career. You must protect yourself against loss of income due to illness or accident. So, I would recommend you buy a critical illness and medical card as foundation, then only think for endowment.

If you interested, can pm me or call me @ 012-388 6323

---

Added on March 6, 2012, 3:49 pmAs my opinion, u should get a medical card for yourselves even currently you are insured by company. The reason is, previous members also told you already, if you are strike by illness and force to leave the company then you are no co er anymore (which really happen to client due to cancer). If you got your own medical cover, then u can transfer all the medical costs to insurance company.

Others than that, u can consider critical illness cover with dividend. Means that, if you are healthy and no claim before, you will get back your premium plus dividend. Why I suggest u take a critical cover is because critical illness are very common now such as cancer and kidney failure. My cousin is a fitness instructor, he is workout and exercise at least 17hours a week, is he healthy enough? But unluckily, he diagnose a cancer. Too bad... The reason I pointed out this, is you can use 1% of your liquid fund to create another 100% liquid fund if you are diagnose a critical illness

Of course insurance agent will receive a commission through plan sold, but this is deserve cause we need to seve u forever, as long as the plan is inforced. Then, in Malaysia, u must get a plan through agent cause company cannot sell a plan directly to client. ( I means in life insurance industry)

If you are interested can pm me or call me @ 012-3886323

Thanks


This post has been edited by simonlai61: Mar 6 2012, 03:49 PM

me, 22 yrs old, female

1. GE supreme living care plus
sum assured 30000

2. ING prime life insurance (investment linked)
sum assured 100000
Death Benefit
Permanent Disability
Critical Illness

what do u think?

This post has been edited by Chrysella: Mar 7 2012, 11:30 AM

I am new in this Forum. I have a few questions regarding insurance want to ask sifus or masters here.

Case 1
I bought Prudential Investment link (equity) in 2006, 6 years ago.
I am a healthy person with no hospitalization track record.
My concern is on my medical card:
Hospitalization = RM200 / day till age 70
claim limit annual = RM75k
lifetime = RM225k

a) Do the Prudential Medical card offer the extention the age limit till 70 years to lifetime (no age limit)?
Can the annual limit claim increase to RM120k and life time incease to more than RM500k?
How much will it cost? Because currently the medical fees is so expensive and I believe in the future it will cost more. RM225k is too little.

b) In the market, is there any other insurance company offer better medical card? I know that Great Eastern offer high lifetime limit up to RM960k but until age 80 years old only. Is there any medical card with no age limit? How about AIA?


Case 2
My mum currently 65 years old. I know that Prudential PreSenior Med offer a medical card for senior citizen till age 70 years old.

a)Will it be very strictly for mum as she already 65 years old and admitted hospital a few times before? But her admission is not caused by critical illness.

hi, i am new here too, but i'm already in insurance industry 8 years. Hope i can solve your queries:

1a) Prudential Medical Card i think they have extention of the age limit up to age 100. But the premium not sure cause i am not in this company. U may call the customer service or your servicing agent to confirm. But for sure is, the premium is not cheap.

1b) ING Insurance can offer you a medical card with Annual Limit up to RM140k annual, then lifetime limit is RM480k. the premium will vary according to your age.

2) For your mum case, my company still accept depend your mum health status.

If you want further info, pls do not hesitate to pm me or call me @012-3886323

Thanks

Why no medical card??

my mum ad bought for me, she said is a family package
btw, my friend told me that the GE 30k is an extra as i got the ING 100k ad. i can surrender the GE policy if i want.
what do u think?

You already buy both? Or you are asking which to get first?

Usually family package medicla card have its own limitation. CHeck on it.
And usually covers the child up to age 25 only.

Both plans serve different purpose. So, it is good to have both if have budget.

i have both GE & ING.
like too many hor?

no insurance. not enough $ to pay insurance fee.

btw, can we claim $ if we infected with TB (tuberculosis) from insurance?

This post has been edited by .O.: Mar 8 2012, 11:24 AM

Hmm, this depends on your income and commitment as well as the nature of the plans that affect the premium paid.

If your total premium paid is > 10% then it will be quite a lot though.

total premium only RM210/mth