I have no comment on Tokio Marine Policy as I do not represent it. The only way to know is to read the policy document and possibly ask around a few hospitals on their claim.

However, it could be challenging for a layman to read an insurance contract as some clauses co-relates with one another. The insurance contract is to be read as a whole, rather than part by part.

Whenever a new policy is started, there is a 120 days Waiting Period for illness that falls under "Specified Illnesses", e.g., kidney stones, slip disc etc. In addition there is a 2 years of "Incontestibility Period" that prevents the insurer from null and void the policy (unless there is clear evidence of misrepresentation of material fact)"

With that being said, let us SWITCH ROLES, shall we? You become the insurer and I become the client. I cancel my old policy (due to "better benefits") and buy a new one from you. I pay you Rm150/mth x 4 mths = Rm 600.

Immediately after the 120 days I want to claim for Slip Disc and the cost is Rm40,000. Will you pay without any form of investigation? No investigation? Sure?

For upgrade, there is no Waiting Period. Any claims below 30 days from the upgrade, it is still claimable under the old policy.

Of course you are required to disclose all material fact that may impact how the poicy is being underwritten before the coverage can be granted.

When you change a new policy, you will need to adhere to the 120 days waiting period for Specified Illness.

At the same time, there is a contestability clause for 2 years which says that the insurance company have the right to deny your claim if it is found to be a fraud (hiding facts upon signing of the new policy).

Meanwhile, instead of just upgrade your medical card, you should also look into your portion on Life Insurance and Critical Illness coverage.

For the 120 days. you basically could not use your medical card at all. Some may allow for pay and claim.

For the 2 years, you can use the card/policy as normal but at times depending on the illness, insurer have the right to suspend or deny the request. This heavily depend on their consideration.

Hence the term, take insurance as when you are young as possible. Some parents nowadays even equip their newborn with a policy.