Yes it does cover but you need to settle the bill in full upon getting discharge from the hospital. Upon your return to Malaysia, you may submit the claim for reimbursement.

The reimbursement will also be based on the standard rate as being charged in a Malaysian hospital. This is because we cannot issue Guarantee Letter to the hospital in SG.

For example, if the heart bypass were to cost SGD 100K, we may only reimburse you RM80K (which is the standard rate for heart bypass).

If you are working in SG, then it is also recommended to get a SG medical card on top of the medical card in Malaysia (if you still have plans to come back to Malaysia).

Disclaimer: The above numbers shown is for illustration purposes only and may differ from the actual rate being charged in the hospitals.

This post has been edited by roystevenung: Dec 6 2014, 10:13 PM

PRUmedic overseas (PMO) gives the policyholder the option to seek overseas medical treatment in China, Hong Kong or Singapore for 5 types of covered conditions:

1. Surgery related to cancer
2. Neurosurgery
3. Coronary artery bypass surgery
4. Heart valve surgery
5. Organ transplant (kidney, lung, liver, heart, pancreas & bone marrow)

There are 2 plans for PMO, PMO Gold & PMO Platinum. The annual/lifetime limit are Rm200K / RM 2M & RM400K / RM4M respectively.

The amount provides separate medical limit for treatment of the 5 covered conditions mentioned above.

To answer your question, as long as the bill is below or equal to the covered amount, the bill will be paid upon submission of the receipts & doctor's report.

Do note that PMO is also based on reimbursement basis. Pay and file a claim later.

This post has been edited by roystevenung: Dec 7 2014, 11:33 PM

If you plan to stay in SG for indefinitely and never come back to MY, then yes. Otherwise it is also good to get a MY card as well.

Do remember that insurance can only be bought when we are healthy.

RM400K is a lot of money, and most possibly its for cancer surgery.

This post has been edited by roystevenung: Dec 8 2014, 11:46 PM

You may get your agent's help to generate the statement or talk to the customer service.

<< PRUvalue med Brochure >>

Please calm down. How can I help you? What seems to be the problem?

My no is 016-451 5957 if you need to Whatsapp or call. Email is stevenung1971@gmail.com


This post has been edited by roystevenung: Mar 15 2015, 12:54 AM

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Yes, its being removed due to abuse. People claim this to pay for the premium pun ada

Those who already bought it earlier will continue.

Yes, everything is cost

What would you like to insure? Car or property?

During premium payment, of course PruHealth is more costs effective.

This is because you are expected to pay more if hospitalized due to the co-insurance (Inpatient: min RM300, 10% or max RM1K, Outpatient: 10% up to max RM2K) or high deductible option in PruHealth (RM3K/RM10K).

For PRUhealth, if you attached the Annual Limit Waiver, then the calculation is different. If the bill is less than the selected R&B annual limit, it follows the above inpatient co-insurance structure. Anything above the annual limit, it is 10%.

For PRUvalue med, if hospitalized and if Med Saver is selected, all you need to pay is RM300. If med saver is not selected, then it is full claim (which will naturally have a higher insurance charges).

This post has been edited by roystevenung: Apr 30 2015, 10:55 PM

The thing about cancer is that it may not be a one time off thing as cancer can relapse.

You may get a quote for both options and decide from there.

It may, depending on the type of history, for example if both parents are Thalassemia (or any genetic illness), the Underwriting may require the child to specific test to determine if the child is affected.

Terms and conditions vary depending on the results of the report.

As mentioned it depends, example if in the family has 5 siblings and 4 of them has had a cancer episodes as compared to only 1, then the Underwriter may consider it as a standard risk whilst the one with 4 siblings down with cancer may have the policy declined.

Failure to declare any material fact that has substantial impact on how the policy is being underwritten falls under non-disclosure, therefore voiding the policy especially during a claim.

You are advised to declare and let Underwriting decide whether it is a material fact.

In short, do not give reason for the insurer to decline the claim on grounds of non-disclosure.

There is no maturity dates for PruSaver so to speak as PruSaver rider is not like the term policy which has shorter maturity dates. You can open up the policy book and see the maturity dates for PruSaver.

Depending on how the fund perform you may withdraw the cash values. However looking at most of the funds going down (as compared to early last year) at the moment, you may want to hold on to that thought.

Be warn that if you were to withdraw all of the cash values (if any) your policy may be at risk of needing to be top up (pay extra premium) should the fund performance goes further down or when the insurance charges goes up in later years (if the premium paid is insufficient to cover for the rise of the insurance charge.)

On top of that, the policy is only 2-3 years old, I highly doubt there is much to withdraw. You may ask the agent to snapshot for you how much is the current cash value.

Alternatively you may register for << PruAccess Customer Portal >>

This post has been edited by roystevenung: Jan 22 2016, 10:41 AM

Medical card does not cover if there is nothing wrong with the person example if the MRI results are negative and/or no procedure to rectify the problem was performed.

Thus the term "medically necessary".

There is no medical card that will cover all medical expenses as the medical card do comes with Exclusions. What is not covered is clearly written in the brochure and the policy document.

For example pre existing illness that has persisted prior to getting the policy.

Let it be known that insurance charges will increase by age irrespective of whether it is an ILP or not. The reason is because as we get older, the chances of a claim is much higher as compared to when we are younger.

For ILP or policy that accumulates cash values, the cash values (if any) can be use to offset the insurance charges thus creating a perception that the policy holder does not need to pay more. This is not true.

It means that if the MRI is done and is found a tumor the surgical removal of the tumor is covered together with the costs of the MRI.

For example (true case):
A person suffered sudden fits and was warded for further investigation. Several tests were done, which includes blood tests, and MRI.

Test results came back that client suffered a mild stroke.

The costs of the hospitalization and tests performed to determine the cause is covered.

However if a healthy person just wanted to performed a MRI for precautionary reasons, then it is considered as for investigation purposes, which is not covered.

PruValue Med can only be attached to an ILP policy as it is a medical rider.

For the medical card (irrespective of who is the insurer) you can claim from both but the claim is limited to the bill amount.

Example:
Company medical Card covers Rm30k per year
Personal medical card covers Rm100k per year
Total hospitalization bill costs Rm50k.

You may claim rm30k from the company card, upon discharge pay cash Rm20k.

Then file a claim to your personal insurer using the original receipt of Rm20k.

Alternatively you may just use the personal.medical card which is sufficient to cover the Rm50k bill.

For pure investment you may look at Eastspring Investment from Prudential which you may purchase thru regular premium or single premium.

Eastspring Investment: http://www.eastspringinvestments.com.my/

For insurance, look at insurance as for Protection, not for investment.

It is recommended to have the medical up to age 80 as generally most major claims only occurs when we are older.

Do note that the premium will need to be paid till age 80 as well.

Hence it requires a bit of planning on how to finance the premium if one were to retire at age 60.

Yes, it is recommended that you engage with your agent to do a review of the insurance plan as the value of a Rm100 13 years ago is definitely not the same value as of today.

For example, the insertion of a pacemaker device which costs Rm43,000 in 2010 is Rm60,000 today. A knee cap replacement is Rm50k today.