If your Death Sum Insured is not sufficient, then you may add on the Death coverage on the old policy or look into PruWealth that provides high coverage Rm500k to Rm4m.

The reason for PruWealth is that there is a campaign currently running with no medical checkup limit (up to Rm4m), provided it is a clean case, no medical history.

On the medical upgrade, whether to maintain 2 cards or not depends on your budget, and most importantly your medical history during the application.

For example, if the old medical card does not have any Exclusion for cysts/growth and the cysts/growth had developed, it would be advisable to get a second medical card of which an Exclusion will be imposed on the new med card (as it falls under the preexisting illness).

A preexisting illness means the illness had existed before taking up the insurance.

Any claims for Cysts/growth, it is claimable under the old medical card, whereas any claims unrelated to the cysts/growth, eg major accident is claimable under the second card.

Do note that if you get a second card, the Waiting Period will start all over for new card.
Your old medical card will definitely be easier to claim as it has surpassed the necessary Waiting Period, whereas a new medical card (as a second card) has not.

Please ask your agent to list down the "some illness are not covered in the new PruValue med".

By the way, the new medical card is not PruValue Med, but PruMillion Med. PruValue Med has been selling 3 or 4 years ago.
Yup see above on two medical cards.

However if you are still healthy, with no significant past medical history, you may do a Transfer of medical from PruHealth to PruMillion Med and only maintain one medical card as it can be costly to maintain 2 medical cards at older age.

For Transfer of Medical Card, if the old medical card has surpassed the Waiting Period then the upgraded medical card will have no Waiting Period, otherwise it will follow the previous medical card Waiting Period (sounds fair right?).

No waiting period. You may also look at PruMillion Med if you are bothered with the cumulative total medical claim > Rm1m lifetime limit, you need to bear 20% of the bill in PruValue Med.

If the upgrade is done under PruValue Med, then it is done on the same policy (this is known as Endorsement). If it is done under PruMillion Med, the process is called Medical Card Transfer (into a new policy). This means you will have 2 policies (as PruMillion Med can only be attached to the new PruWith You ILP plan).

Either way, there is no waiting period

1. For the medical upgrade portion from PH to PVM, the fund allocation will start over.

2. True

3. It is riders attached to the PruLife Ready (the main ILP policy). PVM is a medical rider that is attached to the PLR. What do you mean by those limit will increase? Which rider are you referring to?

4. Any overseas bill within 90 days of departure has to be paid and then file claim based on customary charges (rate as being charged at a hospital in MY).

If you reside more than 90 days overseas, the treatment has to be done in MY in order to claim.

Fair enough cos your premium is paid in RM, not “£”

It depends on your purpose and needs. The increase from 30k to 100k for Death & Crisis Shield is optional. PruAcci Med from 2K to 1M is not correct.
No, PVM is not connected to the death benefit, CSB or PruAcciMed. In short, upgrading the PVM, it is not mandatory to upgrade the Death/CSB/PAM.
Then just do the medical upgrade, the rest is optional.
The answer - yes, you can cancel/customize those riders that you don't need but before you do so, please see below and if possible answer them 

I know it is not good to answer a question with a question, however, in this case I will have to ask.

Why are you concern of higher limit on the medical? Are you worried of huge medical bills say > RM200K due to a serious accident or illness?

If you are not concern of huge medical bills, why even bother to upgrade your current medical, right? 

Definitely need an upgrade in your medical card as 600k lifetime limit is old plan. at least go for min RM1m PVM.

To know how much you need for your life insurance needs, it depends on whether you have dependents and there is a calculation to work around it. you need to find a professional who analyse all your existing insurance coverage and identify the excess or gaps in your insurance needs to tell you what to do further. while buying insurance is important, you need to look at your cashflow as well, many other angles to consider, including your other existing insurance coverage etc

PruAcciMed serves as a different purpose as PVM but dont bother with upgrading of PruAcciMed under Pru, always buy the personal accident coverage via general insurance that offers much competitive premium at higher coverage.

If your Death Sum Insured is not sufficient, then you may add on the Death coverage on the old policy or look into PruWealth that provides high coverage Rm500k to Rm4m.

The reason for PruWealth is that there is a campaign currently running with no medical checkup limit (up to Rm4m), provided it is a clean case, no medical history.

On the medical upgrade, whether to maintain 2 cards or not depends on your budget, and most importantly your medical history during the application.

For example, if the old medical card does not have any Exclusion for cysts/growth and the cysts/growth had developed, it would be advisable to get a second medical card of which an Exclusion will be imposed on the new med card (as it falls under the preexisting illness).

A preexisting illness means the illness had existed before taking up the insurance.

Any claims for Cysts/growth, it is claimable under the old medical card, whereas any claims unrelated to the cysts/growth, eg major accident is claimable under the second card.

Do note that if you get a second card, the Waiting Period will start all over for new card.
Your old medical card will definitely be easier to claim as it has surpassed the necessary Waiting Period, whereas a new medical card (as a second card) has not.

Please ask your agent to list down the "some illness are not covered in the new PruValue med".

By the way, the new medical card is not PruValue Med, but PruMillion Med. PruValue Med has been selling 3 or 4 years ago.
Yup see above on two medical cards.

However if you are still healthy, with no significant past medical history, you may do a Transfer of medical from PruHealth to PruMillion Med and only maintain one medical card as it can be costly to maintain 2 medical cards at older age.

For Transfer of Medical Card, if the old medical card has surpassed the Waiting Period then the upgraded medical card will have no Waiting Period, otherwise it will follow the previous medical card Waiting Period (sounds fair right?).

PruWealth Campaign Period 1 Sep ~ 31 Dec 2018

NON Medical Limit (NML)
- Age 19 ~ 50 TRSA NML up to RM5m
- Age 51 ~ 60 TRSA NML up to RM3m
- Age 61 ~ 70 TRSA NML up to RM0.5m

Note
1. Non-Medical Limit is subjected to healthy / no major health complication
2. TRSA = Total Relevant Sum Insured (combination of all life policies)
3. If coverage is > RM2M, Financial Underwriting is required