Hi, I'm looking to get an insurance plan for myself. Other than Prudential and GE being the obvious choices, what other companies should I consider?

I'm 25.

Just wanna point it out here, since this thread ( https://forum.lowyat.net/topic/3572963 ) was closed, this dude claimed insurance is MLM, which i was refuting.

And his reason for it being MLM:
Lying and cheating and not telling your client about what is covered, what isn't, etc is bad and every insurance agents shouldn't follow. Servicing is utmost important. But to post a red herring of how his million dollar senior taught him to cheat and then claim its MLM, is utterly stupid and misleading.

Now for all those here who is talking about insurance, is it an MLM? or is this fella trying to con his way.

thanks

If i am an agent, and i get my friends to join as an agent under a same agency, would i get commission, even if i dont own the agency? just a normal agent? and if this recruit i recruited sold insurance, will i get commission? if this recruit recruits another agent, will i get commission?

does this apply to all insurance companies?

My personally view (other may disagree, never mind just personal preferences),

husband and wife always need to have "cross" saving/money in between them. Some put into husband, some into wife.
Even for joint account, it must be either to sign, (I know joint account supposely being frozen as well, but in reality account won't be frozen in the first min)

Even for houses, I always said, put either one name, not joint name.
The one with name in the house died, needless to pay anymore due to MRTA/MLTA.
Joint name, still need to pay.

Yes, I agreed with you, there is big difference in term of beneficiaries vs estate distribution as mentioned by you,  , just what I said little difference is the immediate need of money during the difficulty time.

I am more a realistic and "now" person, today or next week cannot survive due to cashlow, needless to talk something 7 years later. 
I always look seriously in term of cashflow, as cashflow problem can "bring down" a person as well as a giant big company even with billions of asset.

LOL, why you wanna grab the MIA persons money? he/she could very well wanna chau lou and enjoy life elsewhere?

if its kidnapping, murder, etc, a death cert needs to be produced, or wait 7 years.

basically, insurance is to mitigate risks. or shared/reduce your risk.

financial security comes from other forms of investments, while insurance is to help mitigate unforseen risks. apa mau argue la 

regardless.

if you can easily grab money from a person supposedly MIA, that will be one heckuva financial risks for any of us.

thats their asset, not mine. by virtue of good ties with parents, we inherit it if our parents allow. we do not demand it.

if that parent decides to run away, maybe escape ahlong, gangster, mistress, hates his family, etc, do you think we can make him broke and freeze his accounts and assets by claiming "lost contact"? will banks allow it?

and this is a legal issue, nothing to do with insurance, when it comes to claiming assets of your parents.

Ad Hominem dude.

7 years wait. whats so hard to fathom?

what if the person got into accident, got robbed, lost memory, end up in far away places, finally gets home after 5 years and regained memory, then find all his assets and money all gone gobbled up by family?

7 years is there for a reason. you cant simply kosong a persons bank and assets just because he MIA for a year? 1 week? 2 months? come on.

and why are you even arguing with me? 

you and i know insurance shared risks thats all.

and the premiums will also be decided on how often you make claims. the more you make, the higher the premium goes, together with age. it isnt so much as a financial security, but as a cushion for rainy days.

Is not able the recruitment commission.

Its about sales commission, every person that is been recruited sales commission will channel to upstream. Its mean recurring income from downstream to upstream.

The more agent the upstream have, the more recurring commission overriding the upstream get.

Remember its per month. Not a 1 time thing.

Hihi, I wonder if any Prudential agent here willing to help and provide me a quotation?

I'm curious & wanna know how long the quotation below can be sustained.
Will it lapse by itself due to low premium?
Can the quotation go through in the first place?

Plan: Prulink One
Premium: 260 per month
Age:54
Gender: female
occupation: businessman
Completely healthy

Benefits as below:
Sum assured: 10K
Critical illness: 50K (i think is crisis shield plus)
pruflexi med: R&B 100/day, annual 50k, lifetime 1mil
accident med 2k (i think is pruacci med)
Premium waiver

If a client has money challenge and want to surrender her policy as above, what will you advise her?

Her current premium is rm260 monthly

The only way I can think of is to have her get standalone med card, so at least, she still has medical protection. And for her age now she can get the med card with around 114 monthly

The cons is the premium raise sharply after age 70. Now she paying 260 monthly, if she convert to standalone then the monthly amount at age 71-75 is around 475 monthly, while 76-79 is around 712 monthly.
But I have one question here, coz I see her current policy,the med card only cover until age 70 only. Wat is the cost if she wants to increase it to age 80? It's pruflexi med.

Question, for pru ILP plan, if I pay in advance, the advance payment(let say 6 month advance payment) will be park under
a. excess payment
b. buy the unit trust

Which is the way?

can I transfer my company insurance to my personal insurance after I resign? as in policy continuity...

Hi guys,

I have recently applied for an insurance with investment link package from GE. I would like to know what other info am i entitled after my application has been accepted? i have recently received a call from GE surveyer...she had mentioned that I could get something like a "non-disclosure record" and some other things that I am not aware of. Would like to know are there any other documents that I should be aware of other than the hardcopy of my policy. Thank you.

My dad insisted me to write a letter to the Insurance company to appeal for the betterment . Have an accident a month ago and the insurance only pay back Rm 800+ of personal claim and did not pay back the betterment.

I knew it sound stupid but I have been insisted by my dad so I got no choice but to do it. So any appeal letter sample for me to refer on? Thank you

apa beza insuran macam etiqa , takaful ; prubsn and medical card ; aia ? kena ada semua?

oo.. so insuran & takaful tu benda sama ke.. beza antara islamic & conventional..
tapi medical card dengan insuran x sama ke?

Hi i am 31 non smoker, can i just buy the medical card without investment link and life insurance?

Dear all sifus, I'm interested in getting a life insurance to ensure my family will receive a sum of cash by the time i passed away.

Need advice on which insurance provider hav a better life insurance policy?
And I prefer those with guaranteed surrender cash value even the premium slightly higher.

Any sifu can giv some suggestion as once purchase i have to serve premium forver.

Thanks in advance

i am going to surrender my 9 years insurance policy, due to i have purchase a new one 6 months ago...

my long long time ago agent told me just bring my policy to AIA and do the surrender process, is it that simple? i just have some doubt it will be so easy lol

Thanks.