Why ur client kene checkup?

Why allianz ask him checkup?

What if the person buy Unit Trust as rider that attachable to ILP sales charges 5%?

VS

What is the person buy UT from third party with lower sales charges(2%)?

Which is the profitable way?

If "profitable" is the only thing that comes to your mind, you don't need to buy in insurance ILP (unless you are like us agents, sendiri songlap the 3% commission )

But also, many people who invest at the wrong time in UT also kena burn.... example China Select Fund

Ok, to be fair to the UT, the Islamic Equity (PEF) was good returns if invested in 2008

Property returns also not bad, especially at major developing area.

This post has been edited by roystevenung: May 30 2014, 08:48 PM

I am not too familiar with UT attached as rider for ILP, because I always minimize the premium paid, and ask the client to invest in ASB (for bumi only and no sales charge) while for non-Bumis, I recommend them to invest in bond fund that carry less sales charge than equity funds.

1. Take it this way: Insurance company is best at running the insurance business, so it is best that you leave them for your protection. But UT companies are best for managing the investments, so let them manage your investment portfolio.

2. So the best way to go about this, in my opinion, is to pay the least amount of premium allowed by the software and the anything else that you have is to be invested as part of your investment portfolio

Remember the 3 tenet in financial planning?

a) Prepare a few months (Depending on your job security and financial state) of emergency fund
b) Buy insurance to protect any downfall
c) Invest your money for future use

After paying for your insurance at the minimum premium level, anything extra is all for investments.

This post has been edited by wild_card_my: May 30 2014, 08:58 PM

Some insurance company hire really good investment ppl. They can perform as well or better than UT companies.

Just saying... Though i agree not insurance is meant for protection

This is true. If you look at the performance table below, the Investment-linked funds have comparable performances as the unit trust funds. But my professional opinion is for you to keep your financial baskets as diversified as possible

Sorry for the large sizes, if it is any smaller you wouldnt be able to see:

Investment-linked perforamance


Unit trust performance (1)


Unit trust performance (2)

Since you are suggesting AIA family package, can you tell us here why? What are the good points?

Are you sure it has the points what he is asking for? Returns, waiver etc?

The pro and cons of family package? Cheap because? It's just cheap? Premium level or burn?

Its almost the same if u buy from UT company

That why I'm thinking whether to buy rider(UT) attachable to ILP or take the $$ invest in UT then next time need to top up the premium.

The concern is buy rider(UT) is 5% comissen.

Buy UT from outside is 2% comissen.

Thank you Adele.

Insurance companies- ppl think insurance companies just collect premiums.

Do medical checkup is normal.

Nowadays, its not easy to get a clean case due to many types of illnesses.

（吉隆坡23日讯）宏利保险公司总行销长汤福财提出，国人愿意在退休后付出生活费10%作为医疗保费，医疗开销料将是退休后的第二大开销。

根据宏利保险日前公布的报告，受访的大马人认为退休后最大的开销将会是日常用品的开销，占总开销近30%；退休后的医疗负担或将占据13%开销；而医疗的保费则排在第三，占10%。

2014年第一季度宏利亚洲投资者意向指数（Manulife Investor Sentiment Index）的定位在于医疗保健方面的开销，也访问了超过500名大马人，而八成国人认为目前购买的医疗保险足够应付现有的医疗开销。

汤福财向媒体解释报告内容时说，目前大马投资者对自己的身体健康看似非常乐观，九成受访者认为自己身体非常健康。

另一项让人瞩目的结果是，四成受访者希望能在退休后更新或延续现有的医疗保健保单，而另外四成则表示不希望更新。

公司保险不保障退休职员

当记者询问汤福财，目前许多公司都为员工购买保险，而且国内部分保险公司不允许受保者在同一张医药费账单向两家保险公司索赔，为何需要额外为自己购买医药卡？

汤福财解释说，公司的保险只会延续到职员离职，而退休后的职员将没有保障，因此会出现一定的真空期，而这样的情况对受保者不利。
“而且提早购买保险，每月所需要缴付的保费也相对低。想像你到了那个年纪（退休）才购买医药卡，那保费会有多高？”

调查也显示，近七成受访者认为即使是过了退休年龄仍需要继续工作。

要依赖政府医院服务

人对未来私人医疗机构医药费高涨的担忧，也显示在近七成的受访者认为退休后将需要依赖政府医院的服务。

询及调查结果出炉后，宏利保险是否对退休人士市场有所安排，汤福财大卖关子，直言怕透露风声让对手捷足先登。

Like buying apple in the market lo. lowers down the average price... though i'm not sure how cheap is cheap. not my problem to do comparison.

though i don't totally agree it's THAT good...

example,
so really that unlucky, let's say husband and wife end up in the hospital in the same year, then later hit annual limit...

so really depends..

unker roystevenung does Prudential medical card is as charged OR as charged subject to reasonable fee?

This post has been edited by MNet: Jun 1 2014, 10:41 PM

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.

This post has been edited by roystevenung: Jun 1 2014, 10:59 PM

+1

I believe most the insurance companies are more or less the same, base on reasonably charged by hospital in Malaysia.

* Reasonable and Customary Charges based on Private HealthCare Facilities and Services (Private Hospitals and Other Private HealthCare Facilities) Regulation 2006 in Malaysia.

Some may complain if admit by medical card, it will be more expensive. But actually Insurance will follow the standard charge as the regulation and negotiate with the hospital if they over charge. (Insurance will also try to reduce the cost)
As a layman, we never know the standard charge which set by regulation. Hospital may just charge us as they like. (if the doctor know the patient rich and driving a Benz/BMW/Audi, sure his/her bill will higher then the patient next to he/her)

No benefit whatsoever shall be payable for any medical treatment received by the Life Assured outside Malaysia apart from Singapore and Brunei, if the Life Assured resides or travels outside Malaysia, Singapore and Brunei for more than ninety (90) consecutive days from the day the Life Assured leaves Malaysia.

Even the travel period 90 days will be the same. But Allianz also include those who work and resides in Singapore and Brunei. So they no need to travel back Malaysia every 90 days in order not to breach the 90 days benefit clause.

Can see u very new
hahahaha

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

This post has been edited by MNet: Jun 2 2014, 08:45 PM

I mean the standard medical charge set by Medical Regulation 2006 Malaysia. It is a very long list with lot of medical term and jargon. If any of the agent can tell those medical charge, he/she should have some medical background.

Not the COI (cost of insurance).

This post has been edited by conqu3ror: Jun 2 2014, 09:46 PM

That your jobs as an agent to ask the doctor and cross reference with the book.

u think become agent is sell then take comisen bye bye?

What are you talking abt???

You purposely make ppl laugh or what? Any agent cheated you before? What are you really talking abt...maybe your uncle Roy only understand? Enlighten us pls?

This post has been edited by ChrisGood: Jun 3 2014, 08:05 AM

What are you talking abt???

You purposely make ppl laugh or what? Any agent cheated you before? What are you really talking abt...maybe your uncle Roy only understand?