Hi Roy,

Thanks for your reply! In this case, I feel that since I’m generally healthy, will probably go with PL since I’m more worried about cancer.

Just wondering though, how does the payout work for TMCC?
Let’s say I get the TMCC rider and years down the road, if I get breast cancer (touch wood), what percentage of the sum assured will be paid to me for the early detection of breast cancer?

Thanks!

A 50% of your sum insured will be paid out for Early CI (in your example above is Early Breast Cancer) and a subsequent 100% upon diagnosis of the covered late stage CI.

This post has been edited by roystevenung: Mar 26 2020, 02:11 PM

Got it. Thanks Roy. ☺️

Hi. Got an enquiry here..i own a prulinkone ILP, with prufleximed med card rider amongst others. I intend to switch it to pruvaluemed, so am wondering what are the implications doing so in terms of:
1. Will waiting period for claims be affected/reset upon switching?
2. Any fees/charges incurred for switching?
3. Any changes to allocation of premium? (Specifically unallocated portion..will it be reset?)
4. Possible to remain at current premium and top up later if needed? Or does the policy premium need to be recalculated to compel sustainability?
5. Any other major issues that i need to be concerned of?

Appreciate any feedback given..thanks in advance!

1. If the application for upgrade is approved, then there is no waiting period (since PruFlexi Med (PFM) was launched IIRC in 2012). However do note that application on the PruValue Med (PVM) the insurer is subjected to a 2 year incontestability period.

Should there be any evidence to show that there was a non-declaration of a material fact (especially on the pre-existing illness) the application for the upgrade may be downgraded back to PVM.

2. It is considered an upgrade, therefore do expect the premium to increase, depending on the age sustainability option, 70, 80 90 or 100.

3. Only for the upgraded portion (ie PVM to PFM), the changes of the allocation of the premium will be affected and reset. Eg, if you are previously paying RM200 and now it cost you Rm250, only the RM50 allocation is reset. Same goes to the agent commission.

4. It depends on your current PFM. For example if your current PFM is at age 90, and if you intend to maintain the current premium, you may try to lower down the sustainability option to say age 70 or 80 for the PVM.

If you decided to lower the sustainability age to 70, and only top up later, it needs to be going thru another round of endorsement (upgrade) whereby health declaration is required.

If you are still healthy then its not an issue to do any upgrade. Otherwise, it may be imposed with exclusion/loading/rejected (depending on the severity of the illness).

5. Do declare all questionnaires properly

Thanks Roy! You've been very helpful and your replies are very precise.

my parent is going to retire soon.
and no income to continue to pay for insurance.

shall they terminate, or continue to pay insurance by using their saving?

any insurance plan can terminate? only keep the medical card?

Yes it is possible to reduce the coverage to only maintain the medical card for those ILP policies.

You may contact your insurance agent or walk in to any of the Prudential branches (after the MCO).

Heard from my agent we can still sign up insurance policy by just providing them IC copy during this MCO period, is it true?

Yes, it is correct.

We are able to do Whatsapp / Wechat / emails / video calls together with selfie+holding the IC to sign up the policy.

Once approved, the policy document will also be an e-policy copy.

For the claims it can also be done by e-copy (keeping the original receipts)

Good evening.

Can I just buy funds from prudential and pay online via boost without buying any insurance policy?

Yes you can.

Fundsupermart

Thanks for your reply.

I meant buying funds from prudential, instead of fundsupermart.

And also using boost ewallet to buy the funds.

I understand that we can use boost to buy prudential insurance policy.

Yes you can buy from any Prudential agent who has Unit Trust license or buy Prudential Funds that is available on FSM.

Some of the Prudential funds you can also utilise yr epf via the epf iakaun

I am uncertain if you can buy funds using Boost though

Thank you

have some question on the Prudential Pulse apps.
The online consultation is FOC for policy holder?
What is the rewards for the Fitness challenge?

I am holding PruValue Med. I never look into my policy until this MCO since I am free ( I leave it to the agent to propose). After look into my policy, I realized my Room & Board is cover up to Rm300, which I think it is more than my requirement. I plan to walk in to Prudential customer service center in stead of ask my agent to help. Is there any possibility to readjust certain term in the policy? Another question is, is there any possibility that my premium pay become lower if I can adjust the room rate from 300 to 200

Yes it is free for Prudential Customers and a small RM10 for non-Prudential Customers who downloaded Prudential Pulse.

Reward for the Fitness Challenge is get a hand sanitizer (however don't quote me on this as I have not use it yet )

For your information, the PruValue Med (PVM) with the room RM300, it comes with a Med Value Point Bonus (MVPB). For every 2 years of non-claim from the medical card, the Med Value Point will increase by 2%, eg RM20K.

If you lower to RM200, the MVPB will also be removed as the MVPB is only available for option RM300.

However, if you wish, yes, you may opt for a lower R&B and definitely RM200 comes with a lower insurance charges

Please be informed that Prudential is having an additional coverage for Covid 19 for FREE to anyone who download Prudential Pulse App. There is also a 10% on Starbucks!

WE DO PULSE BY PRUDENTIAL

For Prudential Customers
• RM1,000 (RM2,000 for customers who register in Pulse on or before 30 June 2020) upon hospitalisation to any of the Ministry of Health Malaysia (MOH) designated hospital within the coverage period due to COVID-19

• RM10,000 (RM20,000 for customers who register in Pulse on or before 30 June 2020) per life upon death due to COVID-19 within the coverage period

• Subject to maximum limit of RM1,000,000

Non-Prudential customers who are “Pulse by Prudential Malaysia” registered users
• Must register in Pulse by Prudential Malaysia on or before 30 June 2020. If you want to help support your boi, please use the Referral Code 0164515957

• RM1,000 upon hospitalisation to any of the Ministry of Health Malaysia (MOH) designated hospital within the coverage period due to COVID-19

• Subject to maximum limit of RM300,000 (sponsored by Prudential CSR fund)






This post has been edited by roystevenung: May 8 2020, 10:34 PM

I See.
1.According to my policy, the insurance I am holding is with Med Value Point 1.5mil (question: this 1.5mil is renewable / lifetime value point). Refer back to my policy, it written MVPB of RM30k( what’s the meaning?)

2. There are 2 clauses I do not understand which both written in the policy.
-PruValue Med for 300/1.5mil with expiry age of 70.
-PruFelxi Med for 300/1mil with expiry age of 70.

Besides these points, my agent told me that I am cover till the age of 80. However I read the policy,my understand is 70 years old. Correct me if I am wrong.