It all boils down to your affordability, as mentioned by wongmunkeong and the amount you are comfortable to pay. The insurance part can be done progressively as the income increases.

RM 5 per day may sound cheap, but for a fresh graduate who earns RM1500~RM2K, it is everything due to high costs of living. This is why when we sell insurance plans, we have to do proper fact finding.

Not to self praise, but there are times that even if the prospect wanted to buy more insurance, I told him NO , because based on your income, this is the budget that you should put in to insurance.

If you put too much you will have very little left for investments, or buy a property for stay, and later to get married, all those costs $$$.

BTW, even if you have RM1m medical insurance, if its time to go, its time to go. No one can play God. Steve Jobs can afford to buy hospitals, but when its time to go its time to go. 

If the policy holder seeks treatment in Malaysia it is "As charged" up to the annual limit or lifetime limit.

However, if the policy holder receives medical treatment overseas, the benefits are paid according to the costs of treatment that would be reasonably charged by a hospital in Malaysia (of course it is also paid up to the annual & lifetime limit availability).

For example, if the heart bypass were to costs on average RM70K in Malaysia, we would only reimburse a RM70K even if the oversea's treatment were to costs SGD 100K.

No benefit is paid if the policy holder resides overseas for more than 90 days per trip. If the policy holder travels overseas > 90 days frequently, he may apply for "PRUmedic overseas" rider, available in PRUhealth.  (but albeit with a higher premium  )

Do note that overseas treatment is based on reimbursement basis as we do not have panel hospital in overseas. The reimbursement will also be in RM. It's only fair since your premium is paid in RM.

Can see u very new
hahahaha

u can ask unker roystevenung , he can tell u where to find

got into a discussion with a friend, working for Prudential. he offerred me a PRUlink One plan with the following:

RM1,000/mth premium

PRUlink One (64yrs) + Crisis Shield (64yrs) + PRUacci Guard (34yrs)

RM500k coverage for life, TPD, 36CI, and Accidental Death (not sure if each 500K or combination of all)

Medical card
- PRUacci Med (34yrs) + PRUflexi Med (34yrs) + PRUmed (34yrs) + Enhanced PRUpayor Basic

RM2mil lifetime limit, RM100k annual limit
R&B: RM300/day, Zero Deductible
Hospital/ICU allowance: RM100/200 per day
PRUacci Med: assured RM2k
PRUmed: 2 units
Enhanced PRUpayor Basic: RM12k per annum

premium waiver: RM700 upon TPD or 36CI
am wondering if the coverage is good as well as the RM1k/mth preium is justifiable for the amount of coverage.

thanks al!

I heard there have insurance that cover for HIV patient in US... is that available now in Malaysa?

i need fire,burglary/robbery and public liability takaful/insurance
anyone has experience in commercial takaful/insurance before?

Actually, it makes sense for high net worth clients, as they are self insured generally, insurance is not very important financial compensating tool already. But middle class people is.

Actually, there is never an issue or right or wrong, as third party, we cannot say whether one is making right or wrong choice by having more prioritise on investment or insurance, or how one buy insurance, or invest.
It is more about personal manner.
What other can do is merely give advise on it. There is no perfect advice or right or wrong in between.

Every person is different, be it financial situation, family, and preference on how to manage their wealth etc.
Whether term insurance, life insurance, education, investment linked, has different purpose that may be preferred or not by a person. There is no right or wrong. 
A person should buy an insurance based on his/her needs, and what he/she prefer to have.

Never invest or buy insurance based on other telling but make the decision yourself.
Advice should be always taken as reference, whether what  is needed, what is preferred, your situation, all you know the best, and you are the one to make the decision.
Never make an investment, or buy insurance based on a talk by other that said it is good to do so.

You and many other agents may be giving good advice and fair view, but do you agree the word "we" cover blanket all the agent should be modify a bit ?
Look at the below quote... 

Complimentary? i don't see why not if you don't have a PA attached. but few things to point out
1. for those with a corporate job, you are covered under company PA. not sure if company's PA covers death only or death/TPD. you can always check with HR.
2. normal ILP payout includes D/TPD as a result of accident as well. PA is just additional money.
3. this etiqa plan is focusing on 'living' benefit rather than death benefit. the big chunk of the benefit is only payable upon total paralysis, the whole 700k (which i assume is the same as TPD). need to read through the material that they send to you through snail mail.

Usually, when they sell PA, they pay out a lump sum amount upon Accidental Death/TPD. usually the amount is bigger than what is offered by Etiqa's lifestyle plan (you may check out MSIG individual PA as a comparison, couldn't find allianz pa on their website, better to do survey with the big general insurance company). of course it's up to the company to design their product.

I am interested to know more about Allianz Life Insurance Investment Linked policy.  Was told it gave the highest return.

If you are an agent, please contact me via PM.  Thanks.

Thanks for your feedback.

I already have a medical card from another insurance company.  I have a whole life policy too.

Looking at investment linked product now.

Yeah, term commission is higher than ILP and term's premium is higher than ILP. I wonder why agents like to sell ILP nowadays

ILP initial premium can be lower than term in Great Eastern, I'm not sure for other company.
For example, 30/male/nonsmoker/class 1/RM500,000 Life+TPD coverage.
Term cost RM3075/year for 30 years while ILP is RM1600/year. It's almost double the premium.

So if one is looking forward for buy term and invest the rest, he should really consider a plan that gives lowest initial startup premium. Well, some agents might throw me stones as I'm flipping their rice bowl by advising clients a way to save premium hence there goes their commission

Yes, wealth is nothing without health.

But, insurance doesn't guarantee you healthy actually, a medical insurance will save you the medical cost by risk sharing between insurance buyer only, but it doesn't guarantee a person that has a healthy body as well. 
So don't take for granted for good health.

Man at heaven, millions worth of insurance, is as same as in the bank. 

Insurance is not my money nor my future money, if next year cannot pay the premium, no more coverage. 

Insurance is about financial issue, aka $$, if a person has no dependants on his/her income, died has no consequences on financial term to others, or to family members, relatives etc.

Died means died, passed away, the end, not about critical illness, treatment for diseases, accident etc.
(that's why I said died, died lor but not CI issue)

A person with no dependant on his/her income, the "died" has not consequence on financially.

The post I made earlier is to respond to a statement made, it is funny to see a claim made that a life insurance is needed for a person that is not supporting a family, while need to replace his/her income when passed away.

No depended like orphans with no siblings / spouse have no need for Life Insurance

Perhaps Medical Insurance but many ppl do seek threatment at Govt Hospital

Some just prefer to die and not spend any money

So there are groups of ppl who really have no need for Insurance

Wondering;
Will my COI increases if I have made a claim in my insurance?

Possible as COI will increase if insurance make some loading into your COI.
How long u sell insurance bro?

Are you new in selling insurance bro?

COI= CO-Insurance? hahaha

unker roystevenung please come explain what is COI

COI=Cost of insurance

http://uppix.com/f-Haha53af82b60016e084.jpg

Any advice for someone who / has:

1) poor health record (not really big issue actually, just insurance underwriters kinda exaggerate things) until having medical card etc rejected, and only death insurance permitted with big loading.

And

2) having a class 4 occupation.

Advice pls.

So what do you recommend me to insure myself then?
Should I buy insurance from bank such as maybank that are not so stringent on medical? Or do not require medical declaration at all?

Or don't buy insurance at all and save money for myself?

My illness is since young I have no control of it...

Hi Roy, thanks for the detailed explanation, highly appreciated !

sorry a lil confusing in my post, actually the monthly premium is paid through my credit card, deduction for the first two months will be 2 months' premium, RM400.00 ( july & aug) then the following months after august will be as per policy premium, RM200 / month.

now its like i m paying additional rm 200 for july n aug (TOTAL RM400 EXTRA wil be paid ) i feel something doesnt make sense here. if it was just an adv payment for the 2 months, i should be fine, but i was told i have to pay for the enforcement and its like dumping the money for nothing. really not happy now.

Thanks for your input. To be honest I'm not interested in the investment portion as I have a few other investments at hand (UT).  I would like my insurance to be fully medical coverage + savings. Do you know if that is at all possible? It's my first policy so please excuse my ignorance. Do you have the range of coverage for a 2400 p.a. premium?