It's not two cards, just two plans that complement each other.
The second one has a deductible that is covered by the first one.

Not only GE, AIA has also rolled out very similar plans.

It sounds like a 20 pay 30 plan.

Basically, it is a savings plan that works like this:
1. Pay premiums for 20 years.
2. Policy matures, total payout at year 30.

Meaning to say, from the time that your parents stopped paying premiums, wait 10 years, and you will get the maturity payout.
This is my best guess from your description.

If you would like, come pay a visit to Jaya 33 coffee bean and we can go through it together.

How long a term are you planning?

if we go with savings plans, we're looking at

1. 10 years premium payments, 25 years to maturity (total time to maturity, 25 years.)
2. 20 years premium payments, 30 years to maturity (Total time to maturity, 30 years.)

Maturity benefits will only payout at the end of the policy period.
That's a pretty long time if you have plans with your savings, other than retirement.

If so, you might want to look elsewhere for forced savings.

1) Death is it also cover natural death? If I die at age 99 due to old age or related disease like heart attack or wat also will cover?

Yes.

2) Regarding APCC critical care got this clause:

""In the event of being diagnosed with any one of the 36 covered criticall illness, the APCC Sum Assured and the Anniversary Bonus shall be payable, except for Angioplasty and other Invasive Treatments for Major Coronary Artery Disease."

"In the event of Angioplasty and Other Invasive Treatments for Major Coronary Artery Disease, 10% of the APCC Sum Assured shall be payable, subject to
a maximum of RM 25,000 (limited to 1 payment only). The APCC Sum Assured shall be reduced by this advance payment."

Why is it only cover 10%? the remaining not pay me? Other insurance is it better got pay full?

This means that in the case of angioplasty and other invasive treatments for major coronary artery disease, 10% of the APCC sum assured will be paid to you. Other hospital procedure charges will be settled by the medical card. The 10% paid out is for you to use for whatever purpose.

3) A-Plus Med = No lifetime limit, no co insurance and no deductible charges. What is mean deductible charges?

Usually older policies come with a deductible. For example: RM1000 deductible.
This means that every time that I am hospitalized, the first RM1000 I have to settle by myself, and the balance will be covered by insurance company.

Any claims arising from the occurrence of the following is not covered under APM, APMB:
"Treatment or surgery for Specified Illnesses for a period of 120 days immediately preceding for such treatment and surgery;" What does this mean?

This is the waiting period for Specified Illnesses. This means that in the 120 days (beginning from your policy date) these illnesses (as stated in the policy/product disclosure sheet) are not covered.

4) Referral Emergency Assistance Programme (car, home, travel, etc) what the point of this? I still need pay myself might as well get my own contact? lol?

This is a program offered by AIA to its policy holders free of charge. It encompasses a network of reliable service providers. Should you require assistance during emergency situation, you can call AIA and a panel service provider will be there to assist you. You'll have to pay for the service provided to you though.

5) APD DIsability
Suited Occupation
Advance payment of 10% of the total of APDC Sum Assured and Anniversary Bonus
for the first 2 years and remaining 80% of the total of APDC Sum Assured and
Anniversary Bonus in the 3rd year.

At AIA, if our policy holders become unable to perform their professional duty and responsibilities due to an illness or injury, it is as good as being disabled, and the schedule of disability claim is 10%, 10%, and then 80%, in that order from the first year through the third year after the total sum is paid.


I do have a question for you though:

Why are you buying from someone that you do not trust?

AIA Agent will say AIA is the best.
People who have claimed before also will say AIA is the best.

Prudential Agent will say Prudential is the best.
People who have claimed before also will say Prudential is the best.

GE Agent will say GE is the best.
People who have claimed before also will say GE is the best.

So now I'm telling you AIA is the best.
I am an agent and also claim a few times before.

This post has been edited by JIUHWEI: Jul 8 2015, 02:08 PM

Yea... i kinda asked that before as well....

Policy maturity is definitely spelled out in the policy and hence it is guaranteed.

If you're talking about the fund value in ILP, then it is dependent on the company funds performance.

I'm quite young, 26 year old agent leh. Currently servicing my father's customers and also looking for my own.
But I took over the agency from the old bean. Agency age: >30 years.

Agents like me macam mana? Good enough kah?

I am from AIA. But I'm very 8, look at a lot of companies

Ya it's true.
However it comes with a 60k deductible.

Meaning to say it is a "top-up" plan to supplement your existing medical plan.
It should not be viewed as your one and only medical coverage.
So unless you have a base medical plan of 60k or more, this plan might not be the best fit for you.

But if you do, why not?

The policy follows your life, not your nationality.

Malaysia would need progressive and productive talents like yourself...

Hi basSist,

A couple things:

1. Insurers do not accept anything except for the original receipt.
- you can write to the first insurer for the original receipts back, to claim the outstanding balance from a second insurer.

2. Learn to ignore supersound. Because he/she is superunsound.

If everything you say is true and accurate, with well-documented evidence,

What's stopping you from suing BNM, LIAM?

Here's the digital brochure from AIA. =)
https://www.aia.net.my/products/main/brochu...Full_201401.pdf

It does appear so.

However, there is a product disclosure sheet that you can always request from any agent representing any company, with regard to the quotation that you are getting from him/her.
You will find the same clauses in the product disclosure sheet as in the policy contract booklet.

Hope this is helpful =)

Like what ExpZero said, there's no such thing as a deferred medical plan.
You can buy it at 57, but here are some conditions in order to do that:
1. You can afford the premiums.
2. You are insurable.

Life insurance does come with a savings feature. But it should never be taken as an investment tool.

You might want to engage some unit trust agents or maybe other forms of investment that fits the objective.



We've learned to ignore supersound in this thread.
He has a very hard stance against insurance for no other reason except for calling agents and insurers cheats and liars.

Why are you still driving that car?
Safety features that new cars come with nowadays are worth more.
You can keep your old car for memorabilia
but please get a less dated car for your daily commute.

Is it an antique?

This post has been edited by JIUHWEI: Jul 23 2015, 11:25 PM

With your policy number, I can extract your policy information for you.

Would that be better for you?

ExpZero can help you out with your policies.

How about AIA?

1. Medical Card accepted by major hospitals in Malaysia.
2. Up to 1.76 mil annual limits
3. No lifetime limit
4. Cashless admission, no co-insurance, zero deductible.
5. Covers post-hospitalization & follow-up treatment.

Well, it's a traditional standalone medical/hospital insurance policy with very high annual limits, no lifetime limit.

The only negative feedback i get thrown at me is "expensive".
But a new Perodua Viva will never come with a 100k price tag, and a new Honda Civic will never cost only 40k.

By far, I feel this is the most comprehensive medical plan in the market.
But you may want to check with agents from other companies too cuz I am an agent from AIA and my opinion may be biased.