Well, that's means you can't manage your wealth.
Today I got another friend got cheated by insurance again

Nothing much, a savings policy that should be matured after 20 years he can only get the money after another 5 years

But, but, but, all agents will still link your policy to investment.

Trust me, they will use excuses to link it.
So always get the policy first, reads and understand fully.
First month don't use direct debit.

I believe you have got for yourself an investment-linked policy, with a medical rider.

You can find out more here:
http://www.insuranceinfo.com.my/choose_you...intPrefLangID=1

Let me know if this answers some questions that you and your friend may have.

Buying insurance is expecting total exclusions
They are more happy if you willing going to general hospitals, sure they will cover. As most operations, sleeping in the wad are 50-95% cheaper than what private hospitals offering.

No no! Do not ever suka-suka cancel your old hospital insurance policy!

On top of the 4 months waiting period, there is the 2 years incontestability period.

In the first 2 years of your new policy, anything claimed under the new policy can be contested by the company.

By "contested" i mean the company can challenge the claim by conducting an investigation into your medical records to make sure that it is a genuine case, no prior diagnosis of the condition has been done before.

So best is to disclose all that you can when purchasing the "upgrade" policy.

Only when you confirm betul-betul healthy, didn't leave out any details, didn't go to your kawan's clinic to forge your way through the medical exams/tests, etc. Then only cancel your old policy.

Usually I let the old policy run for one more year before cancelling it.

Cancellation of standalone medical card is a standard procedure because there is no point to own 2 medical cards. Yes, GE will cover the transition period of switching and it will take effect immediately under conditional waiting period of 1 month.