I bought it when he was 49, i think the entry age is 45 - 70, premium is only RM1587 annually, expiry age 80..

the drawback is i have to fork out the first 6k whenever something happen, unless it is outpatient then i only have to pay 10% of the total cost.

another is the low lifetime limit (225k).

but good thing is it is cheaper and it does the job to offset the risk that i have to fork out large sum of money, my budget was very limited back then

The way i see it is how many time i can claim the insurance, if 100k, then 225/100 then i assume he can only get major sick 2 times in his life.

for 50k, then 225/50, 4 times, imo it is very few consider we still have 20+ years until he reach 80, and 50k is quite large amount for me if the 225k runs out.

hence i think 20k makes the most sense to me, just that i am not sure whether it can be utilized this way or i have to finish the lifetime limit of the first one first before i can use the second one.

This post has been edited by likitsaelee: Aug 13 2020, 04:02 PM

thanks for telling your reasons...

regarding that, if looking at the wordings from that image....i think can use lah, what do you think?...guess best is wait for real qualified sifus to tell....


Attached thumbnail(s)

I see, thanks for checking it for me, really appreciate it!

Yes it is possible.

However Rm6k will still need to be paid and the possibility that your mum will be left with only the Rm20k deductible plan once her PruSenior Med Plan expires at age 80.

That is good enough for me, thanks for the answer!

Can ts buy that one only when the earlier policy is not from prudential or ts need to have existing one from pru then only can buy that?

the switching must be done through agent or visit branch right, not possible through online?

Online is possible. Just ensure that the signature used in the form is the same as in the policy document.

Is it worth to upgrade from PruFlexi Med to Prumillion Med? Need to pay extra RM110 per month. My PruFlexi Med covers until age 70 while Prumillion Med will cover til age 80.

PFM is on annual limit,eg Rm50k (min) annual limit and up to 20x lifetime limit.

PMM min plan is Rm1.38m annual limit with unlimited lifetime.

Do check how much annual limit your PFM is offering.

Worth or not is very subjective because insurance is never worth until the event being claimed for happens.

is the prulife ready medical insurance going to increase the premium next year ? already receive a notification from prudential. everyone is the same or just me ?

looking at the projected insurance charges that changes 1 time for 5 years, i am at the 2nd year of the previous change.

This post has been edited by darkterror15: Oct 13 2020, 12:08 PM

there was one just yesterday ...same company as yours
post 1610
https://forum.lowyat.net/topic/4919324/+1600

btw, mind sharing the quantum of increase in % terms?

This post has been edited by MUM: Oct 13 2020, 12:30 PM

Yes there will be a medical repricing next year for Prudential medical cards.

The repricing varies depending on the type of medical card eg full coverage will come with a higher repricing rate while some higher deductible plans (Rm20,000 deductible) is not affected with the repricing.

IMO there will be no end to the repricing if the hospital keeps charging the insurer at the rate they are charging.

The options to maintain or cushion the impact of the repricing is mentioned in the letter.

You may contact your servicing agent to discuss on a possible solution.

Update: my appeal to remove exclusion was rejected by Prudential
Should I try again after my next check up in 2 years time

What's the story? Pls tag if you had ask before. Sorry i cant possibly remember everyone's case 😔

Background story:
Been having some “minor” heart issue since 8 years ago and need to go for scan/follow up every 2 years
So far condition is stable
This year asked my agent to write a note to try to remove this condition from exclusion list but Prudential rejected

If it is still under follow-up with the Doctor then the Exclusion will still remain.

Only until the Doctor had cleared you that you no longer need to go back for follow up (with no recurrent) there is a possibility of having the Exclusion remove.

Was it palpitation?

might not be related to your condition....

few years ago, my agent advised me to seek "exclusion" for my policies with him for > 10 yrs...
i had to go thru 2x medical examinations,.....1st time need to do most tests,...then another 2 weeks later was asked to go for another test....(all cost have to self bear).
end results i got the exclusion removed...

thus i think cannot just by write a note to them...

Yeah heart murmur
Even doctor also said will be hard to get the exclusion removed

Hi

I am interested in infant care plus policy

Can you explain a bit