Unit balance * unit price is your cash value

Yes, see the sales quote on the cash values projection

If you buy it for the so called "investment" and expect it to give high returns, then yes, very painful.

Buy insurance for its protection values, not to make money.

Sorry Pru Million Med is not available online or walk in.

As for the premium, will need to know your date of birth, gender, occupation and smoking status for a more accurate quote.

You may use PM.

If your purpose is for investment and no insurance, then my personal opinion is to buy from Unit Trust company, eg, Fundsupermart, Eastspring Investment, Public Mutual as there are no cost of insurance involved. The sales charge is one off as opposed to ILP (see below).

The Prulink Investor Account and Prulink Income Fund are funds that are tied to the Prudential Investment Linked Policy. Naturally there are cost of insurance and yearly management fee if it was purchased via ILP.

HTH

The only non ILP standalone medical card in Prudential is PruSenior Med. Eligible for age 45-70.

Sorry I don't represent other insurer and therefore is not in the best position for me to comment on it.

Perhaps you can do the comparison yourself after getting quotes from each company?

Yes you may upgrade on the same policy provided that still healthy.

If not healthy, and offered with Exclusion then it is better to get another policy.

It depends on the severity of the Medical condition, whether the cyst is malignant or otherwise, any recurrences, the location of the cyst etc. Same goes to the appendicitis.

Therefore it is advisable to talk to your current servicing agent.

However the process is to submit the application for upgrade on the same policy together with health declaration for the cyst & appendicitis.

PruBSN will then underwrite the case and provide you with an offer if it is still coverable.

Minimum cover on life/ci/accident, concentrate on medical insurance.

Enhance your life/ci as you are expected to have another child, more commitment.

Education savings invest elsewhere, not insurance. Eg property. Hold a property for 20 years, that is your child education.

Then how come we receive circular that there will not be any increase in the premium?

The Star - Insurance Premium Unchange

If by Jul and your birthday is up, then it make sense that it goes up.

Also take note that the premium can be adjusted with minimum slack or more slack depending on your budget. More slack means more money is invested to built up the cash values to have the policy with better sustainability

For age 51 next birthday, male nonsmoker

1m death or tpd
2m if death due to accident
3m if death on public transport
4m if death whilst overseas

Premium target sustainability till age 80, Rm1165 mth
Premium target sustainability till age 90, Rm1651 mth

——-

For the medical with Rm500 Room, Rm1.98m per year, no lifetime limit, Rm300 deductible
Sustainability age 90, Rm956 mth
Sustainability age 100, Rm1167 mth

This post has been edited by roystevenung: Jun 21 2019, 12:42 PM

Yes, correct

Its a medical card that picks up the hospital bills for medically necessary surgery or admission.

Of course it comes with specific terms and conditions that is best explained by the agent.

Do ask for what is _not_ covered so that you get a better understanding on how the medical card works.

Not necessary to carry the physical card with you. As a matter of fact, the new policies issued this year (or was it last year ) comes without the physical medical card.

You may snap photo of the medical card and keep it in your handphone or you may download the e-medical card from the below link. Registration is required with a valid handphone.

You may visit any Prudential office to update your contact no if it has since change.

Prudential Customer Web Portal - PruAccess

If it was properly declared in the proposal form, then it will also appear in the policy book at the few back pages in the proposal section, health declaration.

No, it is not automatically excluded if it was properly declared and the risk is accepted.

It is mentioned in the first few pages in the policy under the Schedule 1 Exclusion Clause.

If there is any exclusion, it will be detailed below the Exclusion Clause. If there is no Exclusion, it will be written as "Nil"

That is correct. If it was properly declared and accepted by the insurer, should there be a recurrent, it will be covered provided that the policy has surpassed the Waiting Period as specified in the Specific Illness Clause.

That means there is no added or extra exclusion being imposed.

The "Nil" was a previous clause, but it has since changed as "refer to policy" makes more sense as whenever the policy is issued, there is a standard exclusion, for example the Specified Illness Waiting Period etc

This post has been edited by roystevenung: Jul 4 2019, 12:22 PM

Depending on how much is withdrawn, it may affect the policy sustainability in a long run.

Its ok to withdraw but when you have money, try to put it back

Not at the moment

Who told you that it is not possible to switch to global funds?

Anyway yes you may and you are free to switch to any funds by filling up the form and submit it to the nearest Prudential branch or you can pass it to your servicing agent.

Additionally, it would be advisable to 'diversify' the funds so as not to put all your eggs into one basket.

---> Link to the Form APPLICATION FOR WITHDRAWAL, SWITCHING OR PREMIUM RE-DIRECTION



This post has been edited by roystevenung: Jul 12 2019, 11:35 PM

Would be best to meet up personally to look into your needs and what your expectations are.

I will follow up with a PM...