currently im doing SI to pay my insurance (GE).. are they accept AMEX card?

Best to check at the credit card thread. Chances are no...
here...

Point to note is, points is only 2x with mbb2 amex for insurance transaction. Also, i don't think it's possible to time it that it will be transacted during weekends.

Nope, GE don't accept AMEX. But your Visa/Master can.

U can PM roystevenung to help you, he's from Prudential.

This post has been edited by almeizer: Nov 26 2014, 10:35 AM

I had PMed him yesterday. Thanks boss :-)

Hi hi all the sifu, do u all know any of the insurance company providing self quotation system online?

It will be good for consumer like us want to find out the premium on various coverages.

Sometimes paiseh if trouble agent too much, end up not closing the sale with the agent la...

Not that i know of, but i can start the quote system and let your fingers run loose if you wanna

PM you ady ya

Is this ILP or standalone?

Both are ILP

how the deductible rm300 work? can give example?

Looks like no diy method, I have to trouble agents here to give me quot.

I need quot for mainly protection, not investment/saving.

I got quot from expzero from GE.
Pls pm me if u not from GE.

hi all sifu & tai kor here....

need some advise on my impulsive signing on a insurance plan.

received offer from AIA/Citibank on Essential LifeCare plan which cost me RM80/months...Coverage is 100K for Death/ Disable and etc. not a medical card i think...

shall i Keep this policy? I got AIA medical card and GE insurance on my own ady...

If you find that the plan is not what you want. You can always cancel the policy within the first 15 days of the free look period.

Best is you have an agent that can help you summarise your policies and see if you need any additional add on

Hey guys, I am just sharing what I drew and shared with my client. A client was asking for an MLTA quotation because someone quoted him an RM6000/year policy that covers RM500k death/disability/critical-illness. He asked if I could lower his premium cost because I claimed that I could. So I would like to share it with you guys. The reason I could do it is because when quoting a policy, not many agents would admit to this, but there is a disconnect between the COST OF INSURANCE (COI) and the PREMIUM PAID. A few things the clients need to understand:

a. The COI is fixed cost to the type of protection you are getting. So if you are taking RM500k for death/disability/critical-illness at the age of 30, the PREMIUM can be set by the insurance agent at RM2500, or RM3500, or RM6000, all depending on how much PREMIUM the agent is setting.

b. Keep in mind that the agents are being paid commissions based on the PREMIUM that you pay, as such he/she is inclined to increase it to the levels high enough for them to enjoy a good commission, and to a low enough levels that the clients are comfortable of paying.

c. The extra (unnecessary) premium paid by the client would go into the cash-out portion, but not before being cut off to pay the agents' commission and company cut. Wouldn't it be prudent for you to minimize the amount of premium paid and use the savings to directly invest in an investment company?

Anyone can ask me for any quotations and I can assure you that the premium would be the lowest the software would allow me to set, while keeping the type/amount of protection that you need. I can help with policy review as well, just let me know the type/amount of protection you are getting, and premium paid and I believe I could save your costs.



This post has been edited by wild_card_my: Nov 30 2014, 03:14 PM

They don't sell medical card via telemarketing, as far as i know.

and without knowing much of your GE policy, can't comment too much. i can point out a few things...

1) how much death/disability you get from GE. is GE a savings or protection plan. if protection plan, then why buy ANOTHER protection plan?
2) are you breadwinner? do you need additional insurance for death/disability?

Noted with thanks.

Just go through the policy...

GE shall be Life insurance..written there Living Assce (medical/life)...enhanced super life/deferred whole life

AiA/ ING was under plan name: prime life insurance...this is a investment linked type if I'm not mistaken.

Hi guys, an agent has proposed a medical card plan, highlighting the importance of annual claim limit for medical card, based on my existing plan, would appreciate your advice on this.

Based on previous posts, I noticed many mentioned about max 10% on total income for insurance. Should I be focusing more on medical card? Should I get a better medical card? Should I cancel my existing medical card?

28 yo, non smoker, mthly income ~ 3.3k, plan to get married in a year or 2

Proposed PRU Medical Card Plan:
Monthly Premium: RM160 (till 70 yo) or RM220 (till 80 yo)
Life: 15k
Hospital Room: 200
No Annual Limit, Lifetime limit: 750k

Existing GE All-in-1 Plan:
Monthly Premium: RM200
Life: 95k
CI: 80k
Accident: 30k
Hospital Room: 150
Medical Card Annual Limit: 90k, Lifetime Limit: 720k

For those interested for Great Easern Takaful quotation please PM me or send me email at saepul_75@yahoo.com..especially those in sarawak..tq..


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