PruMillion Med

All insurance COI increase as we get older as insurance is a business of risk transfer

The higher the risk, the higher the Cost of Insurance.

As age gets higher the spare part easily worn out, so to speak

As far as I know there isnt a Prudential medical plan that has Rm350/day Room and Board.

Anyho, yes you may downgrade the room. Rm200/day room currently able to get a 2 bedded room with Prudential corporate rate.

PM me your policy details or seek advice from your servicing agent if you need further assistance.

if you reduce this room rate from 350 to 250 per day.... how much premium $$ will you saved per year?

mind telling after you found that out?...thks 

I see, that PruFlexi plan has been discontinued.

You may ask your servicing agent to upgrade to either PruValue Med Rm1m Med Value Point or PruMillion Med Rm1.38m pa annual limit as compared to your current Rm50k annual limit

There is a slight chance that it is not be necessary to increase the premium as PruFlexi Med (Full Claim) + Hospital Income (built in into the room & board) commands a higher insurance charges than the PruValue Med (PVM) / PruMillion Med (PMM) with a RM300 Deductible (that you need to pay yourself).

Get a quote from your servicing agent for a RM100 and RM200 R&B PVM & PMM for comparison purpose.

For PVM, you can also ask your servicing agent for a quote for RM300 Deductible & full claim before deciding. For PMM, it is fixed RM300 Deductible as there is no option for a Full claim.

My advice - to lower the monthly premium/COI, is to get the RM300 deductible as it is not always we get admitted to the hospital.