Dear buddies,

My brother wish to buy medical insurance. He is very headache which one shall choose. He is age 38. anyone can help ?

He is quite healthy and no medical history. But his budget is tight and preferably below RM500.

Thanks a lot.

Regards,
Tracy

This post has been edited by TracyL: Jan 18 2012, 11:33 PM

Try to buy from the reputable insurance companies.
For example Great Eastern, Prudential, Allianz and so on.
With RM 300 per month, u can actually buy a sound medical policy.

My Brother's budget is RM500 max per annum, preferably between 200 - 300 per annum. His income is not high .

Thank you.

Regards,
Tracy

With this tight budget, then he has to buy Major Medical Insurance (MME) from etiQa insurance.
The insurance is summarized as follow;-
1). Low premium from RM 60 to RM 300++ per annum, depend on age.
2). Only cover critical illness.
3). Cover necessary expenses for surgery and hospitalization as other medical policy but only for critical illness only
e.g. Cancer, kidney failure and so on.
4). Year coverage up to RM50,000
5). Guarantee yearly renewal.

Contact the nearest etiQa branch, they will tell u the detail of this product.

This post has been edited by firee818: Jan 19 2012, 01:22 PM

i m looking for standalone medical card as well, not medical card rider attached to any investment linked or basic plan.

With that tight budget and his age, Life Insurers are definately out of the question. The only way he can get medical insurance is through General Insurers. Some examples of plans that I found are listed below, with their premiums for age 38 in brackets:

Berjaya Sompo - B.Health.Net
Plan HN80 (RM400 per annum) or HN120 (RM480)

Lonpac - Care Plus
Plan 5 (RM 423)

Uniasia General Insurance - Medistar
Plan 1 (RM468)

There might be more out there, just keep looking. Also, make sure that you find out whether the plans are cashless admission plans or "pay first, reimburse later" plans. Hope that helps in your search.

for your brother's age, RM443 per year from AIA ECP100


how old are you?

Actually for the same price, for your info the benefit of Investment Linked Medical Card is actually higher than that of standalone.

Normally what people do (for those who does not want to have the so-called savings component) is still choose investment linked, but adjusting the premium lower in such a way that the premium paid can marginally cover the insurance charges so that there is little value to the surrender value or cash value.

for this medical card, is there any comparison chart that i can view for all providers in malaysia?

i already got my own set of medical coverage (critical, P.A, hospitalization) in singapore but since i may be going malaysia. i'm looking at medical card whereby i could use it to see doctors/hospital for treatment.
preferably to be private doctors and hospital.

PMed

Pls pm me your details for quote. Thanks~~

its quite a headace to choose which insurances are good because there are many out there. basically all are ok. For me what important before buying any insurance you should ask ppl around you who already have insurance policies and ask them their feedback. So far, the insurance i have right now is very good in terms of claim( but not from me). Lots of my fren having same insurances, when they making claims, was not very hard and actually quite simple as long you provide all the proper documents need to be submitted. Also i bought this insurance from my fren(agent), so if anything happen it easy for me to refer back.

i also looking for a standalone medical card.

it would really be good if there's a chart for comparison of providers and premium

Creating Awareness & Warnings not to be Ignored when purchasing a Medical Insurance Plan!

Do you know that nearly 90% of Malaysians are clueless on the types of policies they have bought over the years. They have been paying for the policies with assumption that it will pay them in full no matter what their claims are without understanding the underlying limitations! And most of them not even know what are they paying for. Common reason of Malaysian buying policies is mainly because the agent is their friends, family etc. and some even bought the policy based on the branding and marketing "claims" that it's the No.1 insurance company in Malaysia. Please be noted that branding of the insurance company won't help you at all! What matters the most is in your policy documents! Most people won't even bother to read the term and condition clearly but just blindly listen to the agent! Different medical plans in Malaysia have different limitation! There's no such thing as all medical insurance are the same!!

If you already have policies, please get them reviewed and I promise you will get the shock of your life!!! Make a choice to understand the limitations of your policies before its too late! Don't just sit and get quotation thru email for comparison in premium cost and investment return but sit down with financial advisor who can help you and assist you in choosing the best medical plan based on your needs, budget and how to avoid costly mistakes.

The most crucial aspect of claiming is what documented in your policy document, you need to understand the fine prints, black and white! You need to know how to avoid and save yourself from burning ship before its too late! Because health changes overnight!!!

An experienced agent would have done many hospitalisation claims for his/her clients over the years. Through the experience, one can tell what it gonna work for you & what can be the biggest financial cost of your life!!

If you have a choice to choose:

1. Which one is the smarter choice?

A) Company A pays 90% of your Medical Bills- 10% Co Insurance borne by policy holder

B) Company B pays 100% of your Medical Bills fully

2) Are you aware of the difference between Inpatient Hospitalization & Outpatient Treatment in your policy? Why is it separated in your Medical Schedule of Benefits?

3) What are the limitations in your policy Vs the Actual Cost of Hospital Bills in Malaysia

Actuaries are highly trained individuals with such intelligence to determine the risk factor before getting a plan approved by Bank Negara.
Do not just take the word of an agent verbally, but always look at the fine prints black&white, and the Cost of Insurance chart in the policy documents- understand the pros and cons clearly before you make any Costly Mistakes especially during Hospital Claim!


**Please take note- this is mainly to create awareness for malaysians to Make A Smart decision before its too late!!

Do contact me if u need in depth understanding in helping you make that WISE decision before purchasing a medical policy.
No obligation at all! You don't wanna miss this opportunity!

You'll be amazed,Yes!



Thanking you.

Felicia Christy
(016-2089869)
Financial Advisor
Buss Consulting Malaysia

Too bad there are some clients who think they can read the quotation and understand it by themselves. Which is rarely the case.

It is better for them to sit down with agents and understand further. There is always no obligation to sign up a plan after meeting up.

which insurance company u buy from?

Ya, I can do it, u can contact me 0122849477

U can look for ing plan not bad

This post has been edited by michealtan19: Apr 12 2013, 04:25 PM

If you are still looking for a cheap medical card that cost RM500 per annum, i can work something out for you. here's my number 0169658960 (JC). It is always best to look back into the policies that you have bought and check whether does the benefits of the insurance will do you good or not. I have seen people get cheated by irresponsible agents and been paying for years over something which will not benefit them in the future.

Hi, may I know if you're still looking for insurance/medical plan?

Very true, its best for you guys to look at the benefit table of the particular medical plan, to make sure there's no co-insurance.

Hi, my next birthday will be 29, male, no criitical illnes, height 161, weight 77. Budget per annum max 3000. Any agent can contact me?

Hi there,
Do you still require a trusted insurance agent in this?i do have one from allianz and their package benefit is quite rumerative. If you do, i can forward you to him.

Anyone know of a good medical insurance agent? looking to get personal medical insurance.

RM 500.00 per year budget?

I am afraid there is no insurer for H&S policy at that price range for 38 year old person.

Up his budget to RM 1,400.00 - get the MCIS Max Health 150 Awesome coverage , lowest price amongst peer.

Or option two:

Walk into any of those general insurance center and buy off the shelf medical card. They are usually cheap and basic. Serves your basic need. No frills, no bells and whistles. Just plain boring H&S (med card). And ... also no pesky agents. You get rebate as well if you DIY it, as there will be no agent serving you. Only drawback for DIY is, if you need to claim, you also need to DIY. Fair no?

Xuzen

This post has been edited by xuzen: Aug 29 2017, 02:15 PM

Insurance DIY style

Xuzen

RM 3K budget, can get quite a good package.

I am not an agent

Xuzen

The information is outdated. For example after entering my information, I got few quotations. I checked out HLA Medigold and realized that the plan in HLA website and the one in this site is completely different.

Where got?

I check through HLA website; info sama aje. Your eyes need medical examination or not?

Xuzen

Guys, need your advice here..

I already have a prudential medical linked card..thinking to increase my death, TPN and PA...may i know is it cheaper to buy separately from those general insurance companies like zurich, uforlife, axa affin etc...instead of adding it into my medical linked card?

Thank you!

Definitely cheaper buying term insurance from them.

Thanks ckdenion! Any recommendation on which company to go about? I read some of these banking term insurance..eg for accident they don't cover for extreme sports...some even don't cover for flights unless you paid for it I think..

the coverage is it the same across the popular insurance companies like prudential?

I'm not interested at critical illness..more on accident, TPD and death

Not sure whether you are looking for conventional or takaful one. I'm responsible for Takafu under PruBSNl. You can let me know if you want to explore further. Its not limited to any race or religion in case you wondering

Since you mentioned Prudential, I guess it is conventional. For accident/TPD/death, normally it is not costly depending on your work class and age. Smokers/non smokers play a small part too. You can always shop around. I'm sure you will find plenty.

Just received a letter saying that my medical policy will increase by another 100++ this year..

Sigh..

Mind to disclose what insurance co is this? What's the % of increase over your existing premium?

Majority co will increase premium of every policy holder for internal reasons, usually will be high claim ratio.

how long you have bought this medical card?

Appreciate some enlightenment here.

Notice from the link that Xuzen gave, FSM Insurance says can save up till 30% commission [https://www.fundsupermart.com.my/insurance/product-comparison/compare/health],

but from other links and a search on the internet, reveals insurance agent earns about 70-130% in commissions from the premium paid
Eg of a link : https://forum.lowyat.net/topic/1288445/all

Thus, this would seem that FSM insurance is making some commissions too? If so, I can just walk into any of the insurance companies and save the 70-130% commission instead of buying from FSM? If so, what's the point of buying from FSM then?

Thanks in advance

This post has been edited by abcn1n: Oct 15 2017, 09:35 PM

Getting an agent to service is good at times when you have problem filing a claim or need a person who has experience in claim to appeal for you.

If you think FSM is not earning a single cent out of you, you're kind of mistaken in a way. Otherwise why would they bother to promote it ? Charity ? Plus if I am FSM, I won't need to service you, just take your money and go service urself.

However if you're trying to save all the commission and not want to pay for any service, then self service is the way.

With FSM insurance do u save 30% every year or just 1 time?

Sorry I wouldn't know since I don't work for fsm

My dad is almost 65 years old, retired, no health insurance but still very healthy. I'm thinking of getting him medical card. Preferably one that comes with a savings plan. What's the cheapest most basic medical card plan around ya? Any agents pls feel free to PM me

wow 65 yrs old, the premium is going to be very very steep...

Very well said..... a lot of people really don't know what they purchased and then bragging they got their medical card for cheaper with millions of coverage renewable each year when I told them my medical card is 2 million lifetime coverage....

they think they bought a better product with lower price, but little do they know there are a lot of exemptions and exclusions in the things that they can claim.

So my advice is, always talk to a few agents before purchasing your insurance for comparison as well as judge their ability and honesty in explaining to you. A similar product will not differ a lot in premium between different insurance companies.

And one more.. know what you need. If you want medical, just buy medical. If you want 36 illness.. just buy 36 illness, don't mix with investment link then your coverage become smaller or otherwise you have to pay higher premium. If you want to save money or invest, there are better choices out there. So don't mix it up together unless you don't have the discipline to save money.

This post has been edited by real55555: Apr 24 2018, 12:06 PM

Hi, there has any basic medical insurance can be suggestion. I have bought the Hong Leong Assurance term cover 10 with sum assured RM200,000. My age is 27 years old.

Whether I am still need to buy a medical insurance? This is because government hospital's facilities are quite okay and the cons is just need of waiting time.

If you are able to put away rm200 - rm300 monthly for insurance then you should consider to do so.

Waiting time really doesn't matter unless time is what you don't have.

My client who is a manager at a MNC in Malaysia just recently did a surgery that cost RM30k. Her company benefit only covered RM7k.

Best,
Jiansheng

all agents will definitely tell u that you need a medical insurance. its better to realize yourself whether your can take the financial risk or not. i know of some that can risk 20~30k for medical expenses (spare cash allocated for medical emergency). everything beyond that is the risk they cannot take anymore. yea, so ask yourself should anything happen, how much risk you can take. true enough, we can go government hospital, still you need spare cash in case you cannot work anymore due to the need of resting during the period of treatment

Hi agent. For medical insurance, is it got cover for full medical check up? If after check up found out got sickness will the full body check up be covered under the medical card?

provided it is resulted into a hospitalized, then yes.

otherwise, No

How if in one ocassion that i am very uncomfortable and paining and go to emergency room. And then i requested for full body check. But results come out ntg. Still can claim under medical insurance? Thanks

It depends on a lot of factors ie: how the doctor writes the report, how the hospital makes the claim and of course how the agent assist the client with the check in.

Just this month I had a client went for a check, he managed to claim from Allianz 🤓

wow! So if the doctor writes nothing abnormal been found then cannot claim already?

How was your client? Did he been dignosed with any sickness? Or you also duno the details of the report? Thanks

Double post.

This post has been edited by Holocene: Jul 23 2018, 03:53 PM

He's doing fine.

Last year, I had another case whereby a client got admitted and GL issued although he is within the 120days waiting period. Long story short upon discharge the hospital informed cannot claim.

For most agents, that would be the end of it. But because of my financial audit background I understand processes hence I managed to interview all the individuals involved with the claim process and got my client his claims.

Hence at the end of the day, choosing a product is important, choosing which insurance company is important, but the most important is still the agent from my experience.

If you're in the process of buying an insurance, try to meet a few and interview them. Ask them how are they going to plan your insurance coverage based on your needs.

I'll do you 1 better, I'll let you call up any of my clients and ask for a recommendation, they'll be more than happy to do so.

Best,
Jiansheng

This post has been edited by Holocene: Jul 23 2018, 04:05 PM

Depends on how the doctor write in the report to be presented to the claim department for claim. The situation is very subjective for me to give you an answer

If result is negative then definitely cannot claim.

So basically as long as the doctor writes any sickness then can claim already? I think the claim department wont examine the patient right and will just read the report?

It's been made clear that body check up purely for routine purpose is not claimable, a lot of people will always want to do a full check up whenever they are sick but how many of them are really so sick until a full check up is required?

Some people little bit already say dengue or cancer or etc when it could be a small matter but being exaggerated.

Therefore an insurance company will normally not pay if the result is nothing much of an issue. Otherwise everyone would just file a claim for a full check up under the cover of "suspected xxx disease but turn out fine"

just not sure if this is related or not....
thus, bear with me .....

about 10 yrs ago, a friend of mine, went to a private hospital complaining of Chest Discomfort......
the Doctor suggested to perform a heart Scan, physical fitness test to check the heart...results ok....
my friend said the heart still got some discomfort.
The Doctor suggested to do angiography scope.....The result is ok yet.
overall stayed in the Hospital for about 3/4 days....
he managed to claim everything...abt RM 8k

ever since that claim, now all his new insurance policies has this heart related diseases exemption.....even thought everything is OK and even after 10 yrs.....

I see. Because i heard from my friend she went for body check up in a private hospital but the bill was covered under the medical card. Thats why only asking for confirmation about the claiming thingy. She said under hong leong one. @@

https://online.takaful-malaysia.com.my/medi...myClickMediCare

Affordable medical card
-------------------------
RM 585.12 per year

Benefits
Annual Limit - RM 50,000
Lifetime Limit - RM 200,000
Critical Illness -RM 50,000

PM 019-3399039 (WhatsApp only) for online medical insurance renewal.

i m looking for standalone medical card as well, not medical card rider attached to any investment linked or basic plan.

googled and found this.....

AIA A-life Med Regular medical card...
https://www.aia.com.my/content/dam/my/en/do...ar-brochure.pdf

What is AIA A-Life Med Regular all about?
AIA A-Life Med Regular is a standalone medical insurance policy that provides comprehensive medical coverage and easy access at AIA panel hospitals across Malaysia.
https://ringgitplus.com/en/health-insurance...#ReadMoreReview

I got sell standalone medical card.

looking for medical card
prefer less than RM100 monthly payment.

You may provide detail for quotation purpose, thx

If less than 100/m then u shall proceed with standalone medical card. But it will increase price every 5 years.