i just knew that my monthly contribution got increased from 150 to 165 per month without my acknowledgement.

anyone got affected by this? suddenly increase without giving me a call or confirmation, and then increase without changing benefit. damn so not professional

all clients will be notify from mail & also your servicing agent will received a listing for the increase
for all clients with older medical card series

Hi, PRUwealth have rider that covers 36CI? And is it possible to just pay 10 years premium and let it run whole life after that?

Hi all,I have a question.
i did brain operation last year due to blood tumor.
i still need to pay monthly premium?brain tumor not in 36 critical illness list?

You can try to file a living assurance claim. Brain tumor/Brain surgery should be considered under 36 Critical Illness but have to see whats your severity condition and also the benefits of your plan whether is early/intermediate severity covered or not.

Unker found a Life insurance + TPD (not from prudential)

Insured amount : 800k
period : 21 yrs
Annual premium : 3700...

Cheap.... looking to sign this up... unless some better offer comes along...

did u check with ur agent ? probably he can assist you

agent.......seriously.....hard to find him coz i deal with third parti...

My brither same consider with me and he seek help from his agent....claim processing..
But me,i bought this though 3rd parti and............speechless.

a good deal i would say

what do u mean by claim through 3rd party? if u dont mind to help you you can pm me more details. not so understand ur situation

It depends on whether your policy has "Waiver of premium rider" attached to it. That is the rider that will waive the premium if the condition being claim fulfills the criteria as specified under the 36 CI.

You may walk in directly to the insurer if you are in doubt on whether it is claimable or not. Worse case scenario, you may just need to file the claim yourself thru the counter. The Doctor detailed report will be required, of which the counter will guide you.

Hi, refering to PruHealth and PruValue plan, I see in the brochure the premium rate depends on age range.
So my question is, if I enter now and pay $XXX/month (under ILP), will the premium payable increase as I get older ? I mean increase because of age not because of inflation, GST and whatnot.

As I understand, the first few years, a percentage goes as commission to agent.
If I upgrade after those commission years are over (about 6 years?) , does it mean this process starts all over again?
Is that why agent keeps promoting us to upgrade? But it also means it's costly to upgrade since we have to pay commission again which could have gone to the savings/investment portion.
On the other hand, maybe this is a good reason to buy the best package in the beginning so no need to upgrade later?

if I have my own savings that is enough to cover the premiums, then EPB seems not so important.

so in this case for the sake of planning, I need to know whether the premium payable increase with my age (my question in the previous post) so I can project the required savings. then maybe it's better to save on the EPB rider premium and work out my own savings plan to cover for premiums after CI/TPD.

it depends on the insurance charges. there is no guarantee that company wont increase insurance charges in the future. so if premium payable + cash value cannot sustain the policy in the longer run after the adjustment of insurance charges, there is still the possibility that company will increase your premium.

if u upgrade along the way, only the upgraded additional premium will be given commission (starts all over again). ur remaining premium which has given commission to the agent wont start all over again.

if this is already in ur planning and insist not to add the EPB, just tell ur agent so.

for ILP, all cost of insurance increases overtime as you grow older.

The investment cash value will be used to sustain the policy.

However investment return are not guaranteed and neither is cost of insurance therefore you may be required to top up in the future if the cash value in the account is lower than the cost of insurance.

The upgrade amount that you're paying in additional will be going to the agent as commission. Either way, insurance is a service, if we look into everything as "wow if I spend this, my agent earn more" then we might end up buy nothing at all. Imagine you go for car wash, "wow this guy promote washing package RM999 and do a lot of fancy things to make my car shiny" instead of I just want RM20 package, wash, vacuum, wax, that's it.

It's all up to you to decide.

You'll need to be discipline when you are opting for your own investment since you need to know that any profit you earn will need to be used to pay the insurance in the future and not for your own consumption which tend to be the way when we get older and wonder why you're paying such a higher premium but lack on the savings to pay for the insurance.

What is a recommended insurance medical plan for someone age 46 above and what would be the recommended sum insured that is considered reasonable to cover major illness? Roughly, what kind of monthly premium are we talking about? Anything within RM1800 per annum or RM150 per month premium or is that considered too low? Please advise.

This post has been edited by honkkydorry: Dec 26 2017, 02:53 PM

hi honkkydorry, are u looking at prudential only? if u r looking for other options you can ask here too.

If I upgrade from Pruhealth to PruValue med, how does the commission go to the agent counted?
premium for PruHealth = $A
premium for PruValue = $B
So is the 60% (in first year) taken from the amount $B or $(B-A) ?
I ask this since it affects how much goes into the savings units. My ILP policy already more than 6 years.

And does the exclusion period start over again ? (What if something happens in the first 120 days after upgrade)

Only the upgraded portion commission will be payable to the agent.

No, the "Waiting Period" does not start over for upgrade on the same policy. In short there is no Waiting Period for upgrade.