bad genes... didn't know until too late... knife the only option...

had time to research n shop around... and didn't go for high class hospital... but my doc is 1st class...

morale of the story is dun go expensive hospital n expect cheap prices lah...

BTW... kwsp got sell medical/life insurance also... lol... I didn't pay attention much when logging in...

And you can pay using kwsp also. Even no buy you can withdraw from account 2 to use also. Kwsp really very very very good. Only problem is not liquid until certain age. 😂

... I just wiggle out of that topic and now you bring me in again 😂. Ok.. let me say this one more time and i don't wanna go in again. I think medical one is a scam. I think car insurance is good but you need to make sure it covers natural disasters and other things as well. I think house insurance is good especially fire and home content. I think life/death insurance is ok. It all depends on what you can actually claim and what you couldn't claim. Medical is exception coz you don't really use it and when you do most of the time it is not covered and if you do really need, there is sosco, kwsp account 2 withdrawal and gov hospital. The point of commercial medical insurance is they should give something "better" at affordable price. The ones we have is better when premium and not better when affordable. I don't like it. Doesn't mean you shouldn't get it if you think you want it. I will however consider them IF my taxable income is higher and i wanna use them to deduct tax.

Kwsp one is called i-Lindung. They offer similar stuff as privately buying. Only difference is you can use account 2 to buy. Thier partners are FWD Takaful Bhd, Prudential Assurance Malaysia Bhd, Prudential BSN Takaful Bhd, Etiqa Life Insurance Bhd and Etiqa Family Takaful Bhd. Basically the same, no discount, nothing. Coverage are similar if compare to private. So they are the same in essence except you using from account 2. Get it? Now what do i think about it? Read paragraph above again coz that's my view on insurance IN Malaysia. If you talk about other country my view is completely different due to better regulation in some countries and better coverage

Wah Bro Plumberly,...Friday morning you crawl out from Aussie man cave n kacau with this topic. Now, all the experts surely share opinions.

Hahaha.

How EPF get?
From the Govt budget
Post 790
https://forum.lowyat.net/topic/5359044/+780
Here are the highlights of Budget 2023:

Government to contribute RM500 to EPF Account 1 of members aged 40 to 54 with less than RM10,000. This will benefit two million people and cost Putrajaya RM1 billion.

How EPF distribute?
Direct to account 1 of eligible accounts holders in their kwsp.

When was it distributed?
https://www.nst.com.my/business/corporate/2...savings-rm10000

The money is from the government not EPF.

Next month another minimum RM500 for STR. Government funds.

i-akaun down probably because too many bugs after the huge updates....

Anyway...
Earlier better...
Can stop all those speculation of rates.... And can make decisions faster.... Dump more in EPF or not 😃

End of February or Early March like that...

More likely around 5.8% to 6.1%...