Hi there, as you may already know, insurance is all about protection.

When it comes to getting medical insurance for newborn babies previously we need to wait until the baby is 2 weeks old. After 2 weeks, we can get the baby insured, provided that the baby is born healthy, with sufficient height and weight, full term (not premature) and without any complications.

However, if the baby is born with complications, for example hole in the heart and requires to be ICUed at such tender age, the hospital bill will be eating into our budget because most parents only plan to have healthy babies, not otherwise.

Should the baby is born with complications, sadly the medical insurance will be declined.

Secondly, do remember that even if your wife has medical insurance, it is for her own coverage and not the baby. Almost all basic insurance plans does not cover pregnancy complications.

This is where Prudential aims to bridge the gap, during pregnancy till child birth. The plan is called PRUearly start and PRUbest start.

See below

This post has been edited by roystevenung: Jan 16 2013, 08:03 PM

Kasumie, while we are not medical doctors, for PRUbest start the plan covers 10 congenital illness while PRUearly start covers Anal Atresia, Congenital Cataract and Congenital Deafness.

For PRUearly start it is in the range of RM 250, while PRUbest start range from RM 450~RM 500 per month. For both plans you need to maintain the premium for at least 2 years. After the 2 years, you are free to utilize the premium or just leave it there to generate the cash value faster.

A normal plan without PRUbest/early start ranges from RM 100~RM 150. However if the baby is born with medical condition, the medical insurance will be decline.

The brochure for PRUearly & PRUbest start can be found Here

The congenital conditions is best explained with pictures and reading material. Do click on the photos on the links to understand the medical conditions for babies.

1. Anal Atresia
2. Atrial Septal Defect
3. Congenital Cataract (blindness)
4. Congenital Deafness
5. Congenital Diaphragmatic Hernia
6. Infantile Hydrocephalus
7. Tetralogy of Fallot
8. Transposition of Great Vessels
9. Truncus Arteriosus
10. Ventricular Septal Defect

This post has been edited by roystevenung: Jan 16 2013, 08:02 PM

It depends how you would want the cover to be but for a child policy I would concentrate more on medical rather than giving the baby high life/CI. Reason being babies do not have responsibilities and I am sure no sane parents want to earn from our own flesh and blood.

Please for Rm150, lets not even think of it as education if you want max cover for medical/life insurance as insurance charges on these will eat up on the cash values. If you look at the projections for 20 years, i am sure you would agree that having Rm20k-Rm25k 20 years later would be tough even for a local degree.

Of course 20 years later you would be able to withdraw some cash values from the policy but my point is that do not only rely on this for the education. You need to find out where and how much the education needs versus what you have save.

For education purpose you may need to put in more towards a saver (where 95% of the premium will be used to generate cash values). Also there are other alternatives investments other than insurance.

If you need a quote, please Pm to me the following info.

1. Date of birth (yourself and baby)
2. Gender (yourself and baby)
3. Your occupation
4. Your smoking status
5. Your email address for me to email the quotes.

Kasumie, this may sound very odd coming from an insurance guy, but if you are purely looking at the returns based on what you had invested, then you better put that hard earn money elsewhere. If you are looking for protection mainly medical card for baby, then yes, talk to Insurance guy.

It is sad to see insurance being sold as an investment.

Hi there, in order for me to quote, could you please help to pm to me the following info?

1. Date of birth (yourself and baby)
2. Gender (yourself)
3. Your occupation
4. Your smoking status
5. Your email address for me to email the quotes.

When it comes to insurance mainly medical card, do note that since 2006 the following are not covered.

Take home drugs, long term medication and consultation charges. This applies to industry wide. This is why if you have an older medical card that covers these, do not cancel the plan even if your spouse becomes an insurance agent with another insurance company.

Hence there may be times that you are required to pay for the take home drugs when the private hospital gives you medication for precautionary measures. In short, do note that not everything will be covered in your medical card.

For a list of exclusions do refer to the policy document.

This post has been edited by roystevenung: Jan 17 2013, 12:57 PM

Okay bro, tapi boleh tumpang tanya ke bro? Hang dah ambik ke belum? Klu belum boleh roger kat Roy

Apapun insuran ni utk perlindungan bukan pelaburan. Kenalah sediakan payung sebelum taufan huhu