Here is the link to the online brochure: https://www.aia.net.my/products/main/brochu...ar_Brochure.pdf

The premiums for Insured and Family (meaning whole family) can be found on pg 35 of the brochure, according to the insured's age (your age).

For HR managers, it's God's gift to retain good employees.

From consumer point of view, it's cheap now, expensive after I retire.

But for now, it's hard to ignore.

I would like to clarify that AIA Family Plan does not share the annual limit. If it is 100k, each person gets 100k to claim annually.
With that said, it is still not feasible for your in-laws to get a family plan because their children will be dropped from the plan at age 23.

However, the last entry age (the latest they can apply) is at age 69. (If it's next birthday, then 70)

You're looking at 7-8k p.a. for both of them this year.
Next year it will be more.

You might want to step away from the person who gave you that idea...

Here is a link to the animated life-stages and the general personal finance decisions to make.

I think this is a good reference guide that you can explore.

http://insuranceinfo.com.my/lifestages/ani...ntPrefLangID=1&

Life insurance only claimable upon death and total permanent disability (TPD).
Life insurance usually have some kind of cash value/dividend over a period of time.

Medical Insurance or Hospital Insurance is where the hospital bills come in.
When purchasing this policy, be sure to dig the policy for any exclusions.
*The RM80/night is probably hospital income benefit saja. It's when a person masuk hospital only can claim that RM80/day.

Other kinds of insurance that an individual can buy:
Critical Illness cover,
Personal Accident,
Savings/Endowment plans.

Bro/sis/sir/mdm,

I am from AIA and I can help you with it. (What happened to your agent?)

This is your p&c info, i think better we take it offline?

Any particular reason to terminate?

If you have a friend in there, you can change servicing agent to him/her.

If you don't like that friend so much, maybe can pick one from around the forum here.

Prudential - Unker Roy
Great Eastern - ExpZero
AIA - JIUHWEI

dan lain-lain.

Yes. It is pretty standard, but I prefer to chat with you about it in private.

Stranger buka baju in public also I will faster cover him/her up.

Why is medical card not so needed at the current moment?

Secondly, when do you think the medical card is needed?

AIA still has term life... It's called A-Life Protect Term
https://www.aia.net.my/products/main/brochu...30529_final.pdf

Different policies/products, have different features and benefits.

Life insurance won't take care of your hospital bills.
PA won't pay if a person die of disease.
Hospital insurance won't give you any cash to leave behind for your family.
Critical Illness Insurance pays only if you are diagnosed with a critical illness listed in the policy.

It is never about one over the other or "which one".
You go according to what you can afford.

There's no point focusing on one and neglecting the others, especially when you can afford it.
Everybody love their wife and kids. But not everybody can afford to live in gated communities, buy cars with better safety features.
But everybody can show their concern for each other, share beautiful moments, and go through hard times together, and be there for each other.
Your insurance policy can be there for you, when you most need it.

Let's face it. If insurance was free, how much would you get?

1. Life insurance - janji mati. PA - janji accident.
In Life Insurance, patah 2 limbs only consider TPD and get to claim. Patah 1 limb = sorry.
PA covers for accidents only. Accidentally patah 1 limb = pay.
In the case accidental death = PA will pay, Life also pay.
As agent, I am very scared to answer "cannot claim". I will literally die standing.

2. Yes, you are right.

3. Critical Illness pays the sum assured upon diagnosis of a Critical Illness. It is money for you and your family, to use however you like.
As for the critical illness within your hospital insurance, it is for the hospital to charge. No money for your pocket to use.


When agent say you should arrange for coverage in all areas, we really mean well.
Think about it.

Regarding Smoker Status: No, you are not a smoker anymore. So Non-smoker for you.

What is the purpose for you to buy life insurance?

Would this be your first life insurance policy?

river.sand is right.

Prulink One is an ILP plan.
You can add many different riders to it (hospital rider, critical illness rider, hospital income, etc)

Separate Life insurance and Medical Insurance can also be done.

That statement is valid, and so is the vice versa.
There's no wrong or right way.
There's just the way that works for you.

Volkswagen Golf was named car of the year 2015. It's the overall best.
Would you be buying this car?
Things to consider:
1. budget
2. how would it make me look?
3. does it fit my current socioeconomic status?
4. can i afford the maintenance?
5. Are there service centers around me?
...etc.

So many things to consider right?
It's a good car no doubt.
But why isn't everyone rushing to buy it?

Best is to stick with your agent, tell him/her your current situation, concerns, and work closely with him/her to come up with what exactly you need to have, or maybe you don't have to buy anything more and just stay as you are for now.
An agent's role is to help you to buy, not tell you what to buy or why they are the best.
All BS

AIA term life is a term life insurance. As far as term life coverage is concerned, it works the same way as all the term life policies from all other insurance companies, including uforlife.

How to buy?
You must buy from agent. There's no direct.

Insurance charge will not be the same. Some term life policies are convertible, some are not; some are guaranteed renewal, some are not; and so on and so forth.

There are lots of differences despite being largely the same product.
What I want you to do is to zero in on what exactly is your concerns, current situation, and where you would like to be, and engage an agent, talk to him/her, and then try to make sense of what he/she is recommending to you. Ask questions, ask a lot of questions until it absolutely makes sense to you.

If anyone who cannot afford - the first priority is getting a Life Insurance, then goes to PA, Hospital insurance and critical insurance.
There isn't a real order of importance, but rather the order of relevance to each person. Because like me I am a sole proprietor, medical insurance appears to be the most immediate for me.
I can say clothes is pretty important to me in my career because I meet with people everyday. But for a software developer or an architect, it's not really that important.

by having all these 4 type of insurances. That means I already have 1 complete set insurance already right?
Yes, that pretty much covers all areas of a personal insurance portfolio.

Just want to find out, will it be safe if I show him my policy?
250 monthly... chances are it is an ILP plan.
Your insurance policy is part of your finances, like a bank account.
I wouldn't show my bank account to people that I don't know well enough. Heck I don't even show my siblings my bank account!
With that said, he can't do any changes to your policy unless you authorize it by signing on some forms.
Don't let him take it back overnight, or even keep it for a few hours. Only browse through in front of you. No pictures.

Because he claimed usually an agent will propose 80% for savings/investment and only 20% life insurance/medical card and etc.. Mainly due to agents income usually comes from saving and investment plan. That why, it is important to show him the policy that I have. He will help me determine this insurance/saving/investment is good for me or not.
A lot of seasoned agents with mature clients, a big chunk of their income comes from selling saving plans, endowment plans, etc. Those are separate policies altogether, and those are big tickets. If it doesn't make sense to them, they wouldn't buy either.
In fact, I don't mind telling you that in ILP, here's how the average agent's commission works:
From Life & the riders = 20% (only for 6 years and depreciating every year)
From Savings = 3% (perpetual, every year so long as you pay the premiums)
All of our main concerns are just the life and the riders to cater for our coverage. The savings part... I think forumers around here can tell you to save somewhere else so I'll save my words and save you some time to read redundant statements.
That shows your friend's credibility to tell you what's best for you I guess...

Btw he is not an insurance agent.
I don't know about you, but I usually go to the doctor when I am sick, and bring my car to the mechanic when it is broken. I also bring my computer to a technician, and go to the police to report a crime. The only reason I would do that is because they are in the industry, that's what they do, they are relevant to the subject matter, and they are the experts.
Would you come to an insurance agent like myself to ask my opinion on the best computer graphic card system compatibility, or which synthetic oil to use on your car? Chances are that I will give you my best smile, tell you I don't know and refer you to someone relevant, and that's exactly what I would do.

New car, usually it's comprehensive cover.

Unless you only take third party or third party fire & theft, and exclude windscreen... premium cheaper lo.
Third party - cover your victim's damages only. Your own car damages have to come from your own pocket cuz you paid the premium for comprehensive cover into your own pocket ma.

But windscreen... why don't insure? senang pecah lah.

Compare the old toyota insurance statement and the old proton insurance statement and yours. put them side by side you'll see the difference in sum insured, items that are covered/not covered.
That's the right way to compare