Age 60 and age 62 will still be able to get medical protection. The price might be step due to the risk involved is higher.

I have attached a photo from senseofmoney. The medical card is good however there are a few restrictions like co-insurance, kidney dialysis and cancer chemotherapy limitation. Most of the medical card nowadays do not have such restriction.

I'm currently having an agent who were working in AIA as telemarketer, this is the exact product he is selling. It's a traditional non participating whole life plan covering life and TPD.

Since you never receive the policy, you can always write a letter to AIA and tell them that you are looking forward to exercise the 15 days free look period. They will have to fully refund all the premium paid by you. You can try to give a call to AIA's call centre at 1300 88 1899 or Citibank call centre 03-2383 0000 (KL)

It would be much advisable to get your insurance from reliable insurance agent in order to get a proper and sound advice including the service for you when you needed the most.

This post has been edited by ExpZero: Sep 24 2015, 08:34 PM

It's very depending on the personal preferences and the availability of the agent. It's like which car brand is the best, some like Toyota, some like Honda, some like Perodua etc

However, in summary
GE/ AIA: Annual limit high, unlimited lifetime limit, no co-insurance
Prudential: med value point, after med value point 20% co-insurance, optional deductible.

There is some other fringe benefit for comparison too. However, you can't go wrong with these 3 giant companies.

I have so far never have any client in such case but I've read the whole medical card's exclusion list and do not see any unlawful activities are excluded.

You might can't get direct answer from the forum due to your question is too specific. You might as well talk to the doctor and they will have experience either the company will approve or not since they have previously surely help the client to claim.

However, I've one client felt and disc slipped, no surgery has been done and only physiotherapy has been done. All the MRI reports and bills are fully claimed. This example might not too relevant to your case, I hope it helps.

This is a plan protecting life coverage only, it accepts all type of existing illnesses that the life assured have.

Both are different according to your needs.
1)Standalone unable to attach waiver rider, we still have to pay for the premium no matter what is happening.
2)Standalone might(depend on company) have lesser benefit.
3)Standalone do not have cash value, policy might be easier to lapse if we skipped the premium.
4)ILP have higher investment risk
5)ILP have higher initial premium.

Do your own judgement

Depends on the company, generally ILP will have higher maximum age

Some forumer is advising this earlier, you may check previous posts. However, GE do have a deductible plan that is very affordable at RM100/month.

Depends on the company, generally ILP have higher entry age.

1)GE are having no co-insurance medical card as well.
2)You may increase your sum assured to double or we have different plan to cater your need to seperate the limit.
3)GE are covering this even in your current policy
4)GE up to 80 years old.
5)Very subjective, GE are welcoming 9 new panel hospitals in today circular dated 30 September 2015
6)Annual limit more than 500k isn't an important issue anymore.

The benefit of upgrading in Great Eastern will be able to waive your waiting period, which means you will be able to use your medical card right after upgrade. However, there will be a conditional waiting period which means, if there is any hospitalization within 1 month from the upgrade, the benefit will follow the old medical card's benefit.

1)You may click the attachment for PA's definition according to the severity from Great Eastern, do note that the definition is different according to companies. Furthermore, if Ali has bought also weekly benefit, he will be compensated with a certain amount of money according to the week of MC given by the doctor.


2)Yes in most circumstances, however, please read the official quotation.

3)Yes in most circumstances, however, please read the official quotation.

4)Some Critical Illness plan do accelerate the basic sum assured(as known as Life/TPD protection). If you have claimed for the 36 Critical Illness, then your sum assured will be reduced accordingly. If that's the case, then your Life/TPD protection might be dropped to zero. Some Critical Illness plan do not accelerate and thus it has no such limitation. Critical illness plan with accelerate basic sum assured is cheaper with lower Cost of Insurance.

In both cases, PA doesn't affected if it's on different rider.

You should be able to claim the medical bill under Comprehensive Accident Benefits rider.

What your agent are saying is actually weekly benefit, which is standard across the industry where you will be able to claim "MC" if it's more than 7 days as pocket money compensation.

Almost every companies are having Early Stage of Critical Illness, you may talk to your insurance agent to know more about it

It's always advisable to remain on your existing insurance company to avoid the waiting period. However, the market are having plenty of medical cards having annual limit as high as few millions and unlimited lifetime limit too.

Can you take previous and next page?

In order to claim for accidental medical reimbursement (If there is any), your date of accident and the date of receipt(as known as the date of you visiting the clinic) must be within 24 hours. Do let me go through your claim form before submitting to Great Eastern.

I'm not sure about Prudential BSN. Under Great Eastern and Great Eastern Takaful, if you are upgrading your medical card, we are having Conditional Waiting Period of 1 month.

Conditional Waiting Period which means you still can claim for any disease/illness within the waiting period but the benefit will fall back to the previous card's benefit. After 1 month, all the medical benefit will follow the new one.

I may send you a surrender form via email if you need it. Well, that's the reason of surrender it?

Cancellation of standalone medical card is a standard procedure because there is no point to own 2 medical cards. Yes, GE will cover the transition period of switching and it will take effect immediately under conditional waiting period of 1 month.

There are some banks are doing insurance for car loan, I have a few clients who have bought them for the sake of protection. Single contribution of about RM212 and you are get covered for the value of the car, I think it's not bad

Yes, for non-reimbursement basis insurance like Life/TPD/36CI/PA, you will be able to claim from multiple companies. For reimbursement basis insurance like medical card, you will only be able to claim up to the receipt amount.

Whole life Participating - Protecting you for whole life and you are paying the premium whole life, basically participating mean the company will declare cash bonus to your policy. Customizeable with Life/TPD to 36 Critical Illness to Early stage 36 Critical Illness.
Whole life Non Participating - Protecting you for whole life and you are paying the premium whole life, basically non-participating mean the company will not declare cash bonus to your policy. Customizeable with Life/TPD to 36 Critical Illness to Early stage 36 Critical Illness.
Mortgage Reducing Term Assurance - Single premium life coverage for debt cancellation purpose and usually is finance into loan.
Endowment - This is known as saving plan, pay the premium for certain year and the policy will mature over the certain year. This kind of policy tend to have high cash bonus and maturity benefit but with low protection.
Term - Protecting you for a certain period and you are paying the premium for a certain period, basically term is a non participating plan it means the company will not declare cash bonus to your policy. Customizeable with Life/TPD to 36 Critical Illness to Early stage 36 Critical Illness.
Investment linked - It's running on "investment unit" and insurance chargers, return are non guaranteed but usually are the cheapest solution. Highly customizeable plan with life/TPD/36CI/Early 36 CI and medical card.

Confuse? You may talk to an insurance agent, he will review your existing policy and your needs

It's depend on the individual financial planning because some of the family do plan to leave their vehicle to their family member. When one's kick the bucket, some family member only own a single car and shared by the whole family and they wish their car to be able to inherit and live their life with minimum amount of insurance premium which they can afford currently.

This post has been edited by ExpZero: Oct 21 2015, 12:44 PM

In fact, GE is the first company launched high annual limit extender with unlimited lifetime limit

GE OCTKD is within the annual limit. When ones medical card OCTKD is separated from annual limit, it's actually called inner limit, inner limit is actually a limit within a limit. Not many company are having inner limit in their medical card, you may refer to the below definition or you google up inner limit.



http://www.answers.com/Q/What_does_inner_l...insurance_means

GE OCTKD limit as per annual limit, we do not impose inner limit. GE medical plan are available in both investment linked and standalone, however, investment link benefit is much superior.

cherroy is giving you sound advice.

If one of your parent are civil servant, they might be having a good government hospitalization protection. I will make it simple for you by answer the question below.
1)Do your parent is having comprehensive medical coverage from government hospital?
2)Are you willing to fork out RM10,000/year for both of your parent medical insurance?
3)Do your parent leaving adequate of fund to you shall they pass away?

If the answer is Yes-No-No, then I'm advising you to get Critical Illness + Life coverage for your parent instead of medical protection as your parent can get medical protection in government hospital whereas if there is really some critical illness of pre-mature death happen, you will be compensated with some quick cash for better financial management. Critical Illness with Life protection plan are generally lower premium comparing to medical protection, which we called it income protection.


It's similar but Smart Extender must be accompanied with a medical card(Example: Smart Premier Health, Smart Medic or Smart Medic Xtra) whereas Smart Extender Max can be bought individually.

Since the baby do not have any financial impact on the family, why would you need such high insurance coverage for 1 year old baby? Insurance company will only approve the application with special request from you.

Yes, you are right. Both Smart Extender (SE) and Smart Extender Max(SEM) are having deductible, which means that the rider are not taking claim from the deductible amount. Since SE must accompanied with a medical card with the annual limit is same with the deductible amount, so the deductible amount will be absorbed by the medical card and the client need not to pay for the deductible amount.

Both SE and SEM will approve second claim. The deductible is per year not per event.