QUOTE(phra09 @ Mar 23 2012, 12:43 PM)
I just got my Prudential policy from agent after approved for almost 5 months
He is my good friend's friend whom I know also. Looks like he got inyo new business and quite inactive at.he moment
He don't even pass yhe policy n explain to me. Instead he ask my friend pass to me.
I feel like surrender the policy and apply new one ... Is it advisable?
After go through the policy on my own, I think this is prulife ready with investment
Each mth pay rm180. I found out a lot things seem to be differ from what I told..
Can I change to another plan? Or readjust the amount allocation?
Can I also switch to new agent who can guide me thru my policy and my queries?
Thanks a lot
Getting a LIFE insurance is an extremely long term commitment. It may be longer than your housing loans and some will be as long as you're alive! He is my good friend's friend whom I know also. Looks like he got inyo new business and quite inactive at.he moment
He don't even pass yhe policy n explain to me. Instead he ask my friend pass to me.
I feel like surrender the policy and apply new one ... Is it advisable?
After go through the policy on my own, I think this is prulife ready with investment
Each mth pay rm180. I found out a lot things seem to be differ from what I told..
Can I change to another plan? Or readjust the amount allocation?
Can I also switch to new agent who can guide me thru my policy and my queries?
Thanks a lot
Before you surrender the policy, please do seek a second opinion on the policy that you've bought. It is never beneficial to cancel the policy. If you have a scanner, scan the page have the details of the coverage, the number of terms and email it to me, stevenung1971@gmail.com. I'll be more than happy to advice what you had done.
Remember, it is not your friend who will eventually pays for the hospitalization bill, but the insurance company. If your plan is good, just switch to another agent.
However when you transfer the policy to the new agent, he/she does not earn any commission (which is our bread & butter). We could only hope that you kesian us and recommend us to your friends, that is if you're satisfied with the newly appointed agent.
HTH,
Roy Steven Ung, 016-451 5957
Prudential Assurance (M) Bhd
KWSP Penang
Added on March 26, 2012, 9:01 pm
QUOTE(gizz119 @ Mar 12 2012, 10:40 AM)
I have a question want to ask the masters from the Prudential.
I have a Prudential Insurance that I bought 6 years ago. Currently I want to upgrade my plan to a better plan.
But I found myself difficult to communicate with my current Prudential agent that sold me the plan 6 years ago.
My situation happen like this.
I am a University graduate and working in financial industry for many years. So I have the knowledge and background in the financial products. My insurance agent not even graduate from SPM.
Last few days, I called up my agent saying that I want to upgrade my current plan.
First day, he came to my house. He spend 4 hours to talk, talk and talk. I found myself difficult to understand what is he talking about? Many of the things I already knew as I have friends who are agents from other Insurance Company. I told him what I want and what are my concern. But he told me his things and not straight away answer to my questions. At the end he told me this is his things and this is my things and ask me to sum it up. What is this???? He is unable to answer to my questions and not paying attention to my concern.
My younger sister and mum also interested to buy the insurance from Prudential. But he came up a plan that is so expensive for both of them. And my new plan also very expensive. This make my younger sis not happy with it.
At the end, he say he need to come to my house the next day as his things not yet finish. So, the second day, he came again for 3 hours and continue his talking. I was a bit lost my patience and tell him plz listen to what are my concerns and what are my questions. But he still continue his talking. This really make me . At the end he only make me to have more doubts and more questions. Also it's seem that many things he is trying not to let me know. He seem not honest to me. After so long he's talking, I not even know the name of the plan he is recommend to me.
If i am not satisfied with my current agent, can I know how many time do Prudential will allow me to change my agent? Can I change my agent until I am satisfied with it? Plz help. Thanks.
As you may already know older medical cards, no doubt is very good in the terms & conditions lacks the lifetime limit cover. The medical inflation is at 15% per annum currently and people having RM150K lifetime limit may find themselves medically board out should they are down with an severe illness / accident.I have a Prudential Insurance that I bought 6 years ago. Currently I want to upgrade my plan to a better plan.
But I found myself difficult to communicate with my current Prudential agent that sold me the plan 6 years ago.
My situation happen like this.
I am a University graduate and working in financial industry for many years. So I have the knowledge and background in the financial products. My insurance agent not even graduate from SPM.
Last few days, I called up my agent saying that I want to upgrade my current plan.
First day, he came to my house. He spend 4 hours to talk, talk and talk. I found myself difficult to understand what is he talking about? Many of the things I already knew as I have friends who are agents from other Insurance Company. I told him what I want and what are my concern. But he told me his things and not straight away answer to my questions. At the end he told me this is his things and this is my things and ask me to sum it up. What is this???? He is unable to answer to my questions and not paying attention to my concern.
My younger sister and mum also interested to buy the insurance from Prudential. But he came up a plan that is so expensive for both of them. And my new plan also very expensive. This make my younger sis not happy with it.
At the end, he say he need to come to my house the next day as his things not yet finish. So, the second day, he came again for 3 hours and continue his talking. I was a bit lost my patience and tell him plz listen to what are my concerns and what are my questions. But he still continue his talking. This really make me . At the end he only make me to have more doubts and more questions. Also it's seem that many things he is trying not to let me know. He seem not honest to me. After so long he's talking, I not even know the name of the plan he is recommend to me.
If i am not satisfied with my current agent, can I know how many time do Prudential will allow me to change my agent? Can I change my agent until I am satisfied with it? Plz help. Thanks.
Hence it is always good to review the medical card every 5 years to curb the medical inflation. The medical upgrading you may opt to upgrade the room & board. Today at a private hospital, a 2 bedded room costs RM 150~ 180 per day and if you're carrying the RM100 plan, you may need to pay the difference should hospitalization occurs. However that is very minor as to compared to the lifetime limit increase.
If you're being offered to upgrade to Pruhealth not only it retains the old term & conditions it also gives the client up to 10 times the lifetime limit. As honest as I can be, the reason why you may be able to selected as still able to upgrade is because you have not claimed before. If you've claimed you may not be selected, but we could appeal if it is a minor claim.
However (this applies to any insurer), once you've made a major claim - sadly to say that not only you're not able to do any upgrading, you can never get another life insurance policy (even from other company).
You can change the servicing agent - it is your right to do so. Do note that policies after 6 years is no longer any commission and I'm sure many full time agents are more willing to help you get the transfer done because our business is a servicing related and is helping people.
We always take a look at your commitment, cash flow & most importantly your needs but most importantly providing you with sound information to make the right decision.
Give me a ring anytime, if you want to chat. Meeting up would be the best.
HTH
Roy Steven Ung,
H/P: 016-451 5957 email: stevenung1971@gmail.com
Prudential Assurance (M) Bhd
KWSP Penang
This post has been edited by roystevenung: Mar 26 2012, 09:01 PM