Earlier thread was closed by admin since it has exceeded 2,500 posts.

Kindly reply to this thread if you have doubts in insurance. Thanks!


This post has been edited by roystevenung: Dec 1 2013, 09:46 PM

Congratulation on V2.. Hope that all forumer can have better understanding in Insurance..

Although Alopecia Areata is not a life-threatening disease. Alopecia areata is not a painful disease and does not make people feel sick physically. It is not contagious, and people who have the disease are generally healthy otherwise. It does not reduce life expectancy and it should not interfere with going to school, playing sports and exercising, pursuing any career, working, marrying, and raising a family.

Nevertheless, it's always advisable for policyholder to fully disclose all the current medical state to insurance company's underwriter for a accurate and headache-less claim in the future especially since Alopecia Areata can be seen physically. You wouldn't want future claim to be rejected aren't you?

If the underwriting department would need further clarification from the policyholder, it will issue a further query or a checkup from medical officer in panel clinic to determine the severity of the disease.

Insurance is about utmost good faith, policyholder are obligated to declare every known medical history of them to the company, or else the contract is void-able.

I have a question.

I have a Life+TPD+36CI whole life/endowment policy.

When I buy it, I not a smoker.

Let's say I did not declare it and I fell ill/die of smoking-related illnesses, will the insurer:
(a) void the policy, just pay the cash value, or
(b) adjust backward and deduct from the payout the additional premium I'd have forked out had I declared properly?

I think to be FAIR, it should be (b) lor...

This post has been edited by Pink Spider: Dec 2 2013, 01:57 PM

I personally do not have such issue happen within my client based. Nevertheless, I have nbtd and called to Great Eastern Customer Service and the Customer Service officer is recommending me to declare the smoking status.

However, I have asked Customer Service, what will happen shall the client did not declare and pass away due to lung cancer? CS told me that it is claimable with (b) option AFTER investigation to proof that the case is not non-disclosure.

However, this is the result from GE, other company might not have the same practise.

I understand that Insurance is generally associated to long-term commitment.

However, am wondering; is there any TPD insurance plan that caters for specific situations?


Coz here's the thing; my father-in-law will be undergoing Lasik surgery, and even though the Doc mention that there are no known cases of people going blind due to the procedures, I would want to be proactive.

As such, I plan to take TPD insurance plan for him, for this specific matter only. i.e once after the procedure is done, am not continuing with the plan.

Is it possible?

What mean by "not non-disclosure"

Meaning to say you are genuine(non smoker) at the time of purchase and not miss-representatives. You may call Great Eastern yourself to clarify 03-42598111.

When I bought the policy it was 2008, I 2012 baru start smoke

congratulate on v2 ^^

Just wondering does being an insurance agent required to go for exams in MII ?
And also what difference does having certificate with not?

Many "part-timers" just out of secondary schools are recruited and i doubt they have gone thru exams, correct me if im wrong.

Hi, all contracted agents must seat for basic exam thru MII.

I am looking for insurance plan for my father age 68.

What is the most suitable plan for him?

Thanks

Which one is that?
And how much is the fee to complete it?

Hi, is there any AIA agent here ?
Yesterday AIA telemarketer called me, and introduce me a PA plan 'Premiere PA'. Any idea what is that ? Couldn't find related info in website.
Thanks!

To get contracted as insurance agent, thry must go thru Pre-contract Examination (PCE)
I think around rm 90 for computer exam

At the age of 68, it really depends what type of insurance you looking for. Life, Medical card, PA or etc.

Honestly, it will be a challenge and quite expensive to get insurance at this age.

Hope you can provide more detail.

It's all depend on the doctor and insurance company's investigation result

All the agents including part time who look like just out secondary school would also took the same exam in MII to be a legit insurance agent. Unless the person works as referrer only.

It cost RM175 for both PCE + CEILLI exam + another less than hundred bucks for takaful.

I think it would be medical card. Does Allianz have medical card for the elderly?

Looking for annual limit circa 100k

PruSenior med
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http://www2.prudential.com.my/corp/prudent...useniormed.html