Guys, how much of health insurance coverage do I need?
I am not married and currently age of 24.
I was being offered 1million by the agents, I am afraid I'll be over insured.

Best Regards.

I already have 40k medical card from my company but It is only there for me to use while im employed.
So you are saying i need to buy one myself? If yes how much coverage do i need?

Thanks.

Best Regards!

as pointed out by another forummer...

i like to point out is... it is NOT 'cheaper' even if you buy your medical card earlier... if you buy yours at age 30 and i bought mine when i was 20... when we are both at age 50 (barring any price hike) respectively 20 years and 30 years later... the premium is STILL the same

the only difference is
a) health condition on approval of medical condition. the older you get, the higher chance of having a health condition
b) loading on original premium as a result of health condition

sh.. don't break ppl's rice bowl

the BS must continue for lousy agents to make $ neh - buy younger = cheaper... (unless U factor in total paid in life time +cost of $ AKA inflation AKA $1 when 20 = $10 when 40 kinda thing)
don't enlighten the masses lar 

my apologies - wasn't saying U were.
there are several lar in LYN who on & off obviously advise "buy early = cheaper".
of course, there are some good ones that spell out what to watch out for too like roystevenung (so impressed, that i bought from him)

i spent a few days asking Qs, testing Qs & real Qs - drilling him leh.
can't recall all BUT the biggest impact to me was:

1. Life insurance with critical payout
The norm = 3rd or 4th stage (susah to save life liao) cancer or similar, baru payout
AND norm claims take >1 mth for critical illness payout
THUS don't rely on life insurance with critical illness payout to save life of love ones

I stupid - bought one for my daughter long time back, mainly for critical, not for death payout.
Now changed - beefed up her medical and bugger the life/death with critical (since i don't rely on her economically)
2. Medical insurances in MY
Generally all have a clause with something to the effect:
IF U have been overseas (over causeway too) for >XX days consecutively
U aint covered even if U are back in MY

I quickly changed my girl's medical to "overseas" insurer.. crazy..

The 2 above remember clearly coz gave me a good scare (worrier here) and made me run like mad to cover the "gaping holes"

Here's my husband statement

Net salary 10k
car loan 800
house loan 1600
parent 800
Credit card balance transfer 200 until september 2015
Car maintenance rm 200
petrol rm500
tol rm150
astro 80
meal 500
saving 1000
insurance 300
invest 1000

the main reason i am thinking of personal loan is because i do not want to spend my husband money on renovation since he already pay for home loan. After summarize his expenses,i dont think i need to do so. I think i can take from him without paying the interest to bank.