If you wish to know, I'll need to know the details below:
1. Your existing coverages
- Include the premium payable
2. Your DOB, Gender, Occupation, Smoker or Not

sifus

started the instalment of Aspirasi & Anugerah Plus ...2 months ago
however PRUBSN touch website.. the contribution didn't appear on contribution history.

Asked agent.. he said its appear in his "system"

how do i access his system ? Agent have their own system ?

You may contact Prudential directly to check.

Agent have their own portal to access which is different from a customer's.

How long does it take for policy endorsement?
I thought is as simple as I request agent to generate quote,agree then agent submit to Prudential then prudential assess and process and confirm endorsement and is it accepted with/without loading.should be within a month right?

This post has been edited by ryan18: Aug 2 2021, 11:52 PM

Case to case basis depend on client history , endorsement details and so on....fastest i say is 1 week , longest can takes 2months...
provided the agent submit via e-endorsement not the physical endorsement ya....

if lets say just modify sum assured and policy holder does not have any medical record like admitted to ICU , kena covid etc then very very fast.
if something happen and need further investigation , the endorsement could take months....

i just perform e-endorsement for my client recently which have clean health record. 25th June submit , 7th July approved

Thanks for sharing
Maybe coz I got pre existing condition and this endorsement is to add CI in current policy so take some time

Begining of this year, I did some reduction/cancellation of coverage and PRU took about 3 weeks.

For any addition which it going to affect future claims, I believed it will take longer since the underwriter need to make a decision. It wont be surprise for your case that they will request you to go for a medical examination and only decides thereafter.

For whatever your reasons for addition, your application is deemed 'suspicious' upon application.

However, if your application is accepted, they may include a premium loading which is higher than quoted by your agent.

In insurance business, is always a lesser risk for them to reduce than to increase coverage after the policy is issued. They rather forgo the increased premium than a payout claim.

Life and Medical insurance business is about probability of an event happening.

Prudential premium at their website can pay with Touch & Go e-Wallet?

Only by Current Account/ Savings Account (CASA) or with your Credit/ Debit card or Boost e-wallet

hi Johnslow you mean pru access portal ?

credit / debit card
FPX
touch n go e-wallet
boost e-wallet


This post has been edited by ping325: Aug 11 2021, 12:01 AM

Yes pru access portal - prudential online.

TNG listed that means can lah

Is it normal to get a loading of almost 70/ month on an endorsement to add CI/TMCC?
Anyway asked my agent to appeal as its way too high

What is the coverage amount ?

250,000 for CI/TMCC
Initially was quoted 250, but after processing a loading of 68 was included due to pre existing condition

There will be an increase in my Prudential premiums, from Aug onwards. If I want to maintain the same premium payment as before the increase, Prudential will take out the waiver rider. Should I remove the rider from PRULink Assurance Account? Is the rider in insurance really important? Please advise.

if you feel that without the rider, your finances if able to pay for all future premium even if you've succumbed to total permanent disability or critical illness. You can remove the rider anytime.

review what is in that RIDER,....before making hastily decision,...for there could be reasons for you to have those RIDER during your initial purchase

as the premium will continue to rise "frequently/periodically" at a rate ranging from 10~20% averagely,....taking out the rider now may reduce the $$ increase for now, but wondering what can be taken off from the plan NEXT time and over numerous times later.

Does it exclude your pre-existing conditions with the increase in premiums?

hi feimoon you can get agent to assist you on this matter , using e-endorsement to edit the policy.

If you want to maintain the same premium / lower down , you can either :
Option 1: maintain rider , reduce sustainability
Option 2: reduce rider , maintain sustainability
Option 3: reduce rider + reduce sustainability

Try to mix and match to find the best budgets that suits you with the coverage you want for now.
Rider can be totally removed / reduced coverage says from 50k to 10k for example.

In future if you got budget again, you can upgrade again provided you are healthy.

Below are the exact scenario on what i did for my client last month , he is facing income disruption due to covid.
Basically prudential send letter around march and notify that premium will increase from RM2219 to RM2507 in July.
After endorsement by reducing coverage during June , his premium now reduced from RM2219 to RM1900.


Better don't last minute do endorsement , do it earlier like one month before premium will increase because need processing time.

This post has been edited by ping325: Aug 17 2021, 06:16 PM

What is expected of insurance agent? Should me as client expect you to do all my biddings for me? Fetch documents from hospital, get itemized bills from hospital, get recommendation letter from doctor, etc