Hi guys,

I'm planning to cancel my Prudential Assurance cause I have not enough budget for my monthly expense.
I'm quite noob at the insurance plan or finace things. So wanna ask you guys opinion here.

Currently I'm paying RM300 for myself, RM300 for my wife and RM200 for my son. Total up monthly need to pay RM800 for my family.
I paid the plan only 2 years like that. But I really cannot afford that much, and I did'nt hope any money return too. Should I cancel my plan?

This post has been edited by vinorgouki: Jun 26 2012, 11:22 AM

I try to list out my policy. You try help me check it worth or not.

For me and my wife:

Fund Invested: Prulink equity fund (PEF)

Name of Plan --- Terms (Years) --- Sum Assured (RM) --- Premium (RM)

Basic Unit Account
PRUlink assurance plan --- 75 --- 200,000 --- 99.22
Crisis Shield --- 75 --- 200,000 --- 58.00
Accidental Death & Disablement --- 45 --- 100,000 --- 13.00

Protection Unit Account
Accidental Medical Reimbursement --- 45 --- 2,000 --- 2.75
Weekly Indemnity --- 45 --- 2 Units --- 6.88
PRUhealth --- 45 --- PHL 150 --- 67.39
PRUmed --- 45 --- 4 Units --- 33.32
Enhanced PRUpayor basic --- 75 --- 3,600 p.a. --- 19.44


For my son

Fund Invested: Prulink equity fund (PEF)

Name of Plan --- Terms (Years) --- Sum Assured (RM) --- Premium (RM)

Basic Unit Account
PRUmy Child --- 99 --- 100,000 --- 78.50
Crisis Shield --- 99 --- 100,000 --- 19.00
Accidental Death & Disablement --- 99 --- 100,000 --- 13.00

Protection Unit Account
Accidental Medical Reimbursement --- 69 --- 2,000 --- 2.75
PRUhealth --- 69 --- PHL 100 --- 50.15
PRUmed --- 69 --- 2 Units --- 13.32
Enhanced PRUpayor basic --- 99 --- 2,400 p.a. --- 6.96
PRUparent double payor basic --- 24 --- 2,400 p.a. --- 16.32

This post has been edited by vinorgouki: Jun 26 2012, 01:28 PM

beside reducing PRUlink assurance plan & Crisis Shield. Any others need to adjust?
Is the Protection Unit Account correct? especially the Medic card, Most important 1.
And I'm worry the return of the money too since the agent didnt explain very clear too me.

This post has been edited by vinorgouki: Jun 26 2012, 01:36 PM

Which one is showing medical card and hospital income i bought?
how about the investment, Prulink equity fund, safe?