Why is there a need for you to do medical checkup? Is there any health issue that warrants further investigation?

If yes, then you may send in the application form first and pay once Underwriting has confirmed the case to be accepted.

If there is no health issues and standard case then the case will be accepted within 5 working days.

Alternatively you may sign the credit/debit card form and inform the agent to only send in this form once the case is approve, but by doing so it may delay the case by 3-5 working days further pending the payment.

Do you know that once we had receive the payment (equivalent to the one month premium) and receipt is issued, even though the case is not approve yet, in the event of an accidental death, we will pay the sum insured?

This is why in our training, Prudential agents are trained to ask the nomination names during the proposal stage.

So its your choice, really.

This post has been edited by roystevenung: Jul 8 2017, 02:18 PM

Thanks again, Roy.

The last policy I bought was 5 years ago and I was told to do medical check up, no any specific illness, i thought I will be asked to do medical check up again this time

This post has been edited by clickNsnap: Jul 8 2017, 05:26 PM

Hi Roy,

I have signed up Pruvalue Med up to 80 years old on 4 July 2017, and the application is still under processing.
Lately, Prudential introduces automatic medical coverage till 100 years. I thought it is better to take this opt than buying medical coverage till 80 years old.

How to change the period of medical coverage from 80 years old to 70 years old when the application is still under processing.

Thank you.

This post has been edited by Nepo: Jul 8 2017, 05:57 PM

Look for your agent will be able to assist

If there are no major change in health based on the last policy, the agent may ask underwriting to refer the previous case with the same terms.

Therefore the ME may not be needed for this round

You need to inform your agent to do Alteration to the Proposal or NTU (not taken up) the case and resubmit under a new application.

Either way, you need your agent's help.

Hi all, I am 32 this year and I had purchased PruFlexi Med 5 years ago. However, I also have a group medical insurance plan from my company which is very comprehensive. So far, I have zero claims and unlikely to make any claims in the future. Recently, I found out that Prudential also have another plan called PruHealth which offers no claims bonus (NCB) of up to RM500 yearly. This really suits me as I am unlikely to make any claims as I have a good medical insurance plan from my company and unlikely to leave the company in the future.

My questions are:
a.) Can I switch from PruFlexi Med to PruHealth?
b.) If can, any costs involved and any new terms and conditions?
c.) Actual calculation to derive the No Claims Bonus (NCB)

Hope to hear from you guys soon!


Cheerios!

The latest plan is not PruHealth but PruValue Med. You may view the PruValue Med brochure << HERE >>

Anyway, the RM500/yr is offered for room RM400/day and is credited into your investment unit account if there is no claim for the policy year.

1.) Yes you may, but do note that PruHealth is based on co-insurance or deductible basis. If you have good company cover, you may opt for high deductible, say RM3K or RM10K. This will save you in terms of insurance charge but OTOH, you will need to standby RM3K or RM10K if the medical card needs to be utilized.

2.) It depends if you are doing an upgrade or downgrade. If Upgrade, then it will definitely cost more. How much more, you may ask your agent to provide you with a quote. For transfer of medical card, there is no waiting period. Any claims below 30 days, it will still be claimable under the old medical card.

3.) Please refer to the online PruHealth brochure (Page 6 of 13) << HERE >>

This post has been edited by roystevenung: Jul 9 2017, 05:16 PM

Thank you for your great info boss! Will look for you in case of any upgrade I need in the future.
My agent is just a novice, haihz...

Unless you have health problem then it's necessary to do certain check up as determined by the Company's underwriter.

Otherwise if you are normal and below age 60; your weight and height are fine then there is no need for any check up.

Pruhealth plan has limitation actually. It consists of yearly limit and lifetime limits.

is better to upgrade to Pruvalue med with 1 million unlimited lifetime.
PLus the plan have additional 50% top up specially for kidney dialysis and cancer treatment.

good to ask your agent to assist you..

I think the PRUvalue med's "unlimited lifetime" is subject to co-insurance of 20:80, if you bought the 1 million plan and the medical bill is 1.5 million, the med plan will bear first 1 million, customer need to bear 20% of the 500k...correct me, if I am wrong.

Btw, if there is a need of 1 million for health medication...it should be very serious case

This post has been edited by clickNsnap: Jul 10 2017, 08:52 PM


Attached thumbnail(s)

medical bill 1.5 million,
Then 1million covered, 500,000 is split

Insurance company: 400,000
Insured person: 100,00

Huh I don't get this ?

Yup, this is right

But...best to have verify by Prudential agent/expert!

This post has been edited by clickNsnap: Jul 11 2017, 01:45 PM

Bro, bukan 20:80 la...

Pru value med co-ins is rm300.

If you opt for plan 1 which is 1million value point, prudential will add extra 50% value point which is total up until 1.5million specially for kidney dialysis and cancer treatment.

For the 20:80,
Let say if 1 million value point had use up, example if medical fee cost rm10k, policy holder just pay for rm 2000, prudential will bear all the cost of rm8000.

There is possibility medical fee could use up rm1 million, especially for long term treatment and medication eg kidney and cancer. These 2 illness are long term period treatment.

The 20:80 co-insurance I referring is med charges beyond 1 million (for PRUvalue med 1 million plan), not the PRUhealth med plan.

Prudential is having the "value point" system, once the points are utilised, the co-insurance will be applied. Personally, I think this value point system is not REAL 'unlimted life limit' package.

This post has been edited by clickNsnap: Jul 11 2017, 11:23 PM

Kawan, bila pernah masa saya cakap PruHealth?

Even the plan has exceeded 1 million, the coinsurance still rm 300. The meaning 20:80 is means the split of the medical fee.... hence, the unlimited coverage

Sorry...my mistake...I read RM300... and I unsure why it made me thought you were referring to PRUhealth med. Maybe I read some where PRUhealth med charge RM300 in my current PRUhealth med plan.

Personally, I don't think so... the co-insurance is not only RM300, the RM300 should be refer to Med Saver 300 (before 1 million point is utilised, you will bear with first RM300 for every time masuk hospital, if you masuk hospital kena charge RM301, you have to pay RM300, Prundential pay RM1). After exceed 1 million...the 20:80 co-insurance will applied. If the 20:80 split of medical fee not consider co-insurance? What should we call this 20% charges?

However, I will leave it to Prudential agent/expert to confirm how does PRUvalue med plan works, especially the 20:80 charges arrangement (should define as co-insurance or not co-insurance?)

For me, unlimited life coverage means no limit of claim for the life time = no co-insurance for the life time.

Btw, if really need 1 million for med fee...it is seroius illness, almost end of the life already lol.

This post has been edited by clickNsnap: Jul 12 2017, 01:15 AM