Just checking, is insurance fees included / exempted from GST ?

Hey guys, i received a letter from GE relating to me about:-

A. GST - which I am aware of this
B. Topping RM20 bucks on my existing monthly premium

Should I be topping up the additional RM20? My current monthly premium is RM150.

Here's my current coverage breakdown:
[attachmentid=4307001]

I don't quite understand the damn letter that GE sent to me. GE lump up both details about GST and topping up RM20 into one single letter. Can't they do it in 2 separate letter?

Stingy basterds want to save cost.

Sorry about the rant, anyway, referring to the attached coverage details, should I be adding topping up the additional RM20 for the rest of my life?

any insurance to prevent from being accidentally bankruptcy?

I have a question.
Is it true that all insurance company has this "company has the right to refuse renewal of policy under specific circumstances" terms in their policy?

Actually very bad for insurer reject to renew the policy.
We buy insurance because to insure something bad happen in future.
If the 2 years causing claim 300k is genuine,  insurer still should renew except finding fraud or whatever not genuine.

Lately prudential launch pruvalue med, with outpatient claim enhancement or something...
Roy can brief more?

BUY INSURANCE ARE TO WASTE MONEY AND TO ENSURE AGENTS CAN ENJOY THE MONEY, NOT BUYER GETTING PROTECTED??

Hahaha..many agents will bomb blast you...hahahaha

Mind to share reason given by Prudential on rejecting the 6k claim?
If no do full body check up, how to rebate income tax huh?

Insurer should come out with more creative plan, like encourage healthy life style, yearly medical checks sponsored by insurer etc
If medical report swee swee then give la discount on premium in loyalty program or whatever...
I then no 1 not joining, coz i overweight...hahaha

So bad to know you unable to claim, lucky the amt not so big..

Today we are healthy, doesn't mean we will be healthy for next 10 20 years...
My weight is going up down few rounds, and even a marathon runner friend got colon cancer, good that he is strong and recover fast.

Promoting healthy lifestyle will save money for insurer lo, less claim ma...
If not insurer have to pay dth claim for colon cancer 30 years earlier...lol

that is very true.

Your case alert me.
How can Prudential reject your claim because you didn't do the medical check?
Are you requested to do so when sign up?
Or you claim on first 2 policy year? Standard case?

I didn't perform medical check too when sign up years back.

^ Circumcision is not covered in any medical card. Please read the EXCLUSIONs. Therefore the procedure is not claimable.

Whether there is a need to do medical exam (ME) is depending on the health declaration during inception of the policy.

Upon submission of the case & there is health declaration, the underwriting will advise whether ME is required as they need determine whether it is a preexisting condition and/or whether loading is required.

If underwriter not request for ME, then how insurer can reject the claim because there was no ME done before?
Have to see case by case?

Roy can brief more on outpatient part on newly launched pruvalue med?
I watch the YouTube, it is quite different than what is in the market, with it we don't need high protection on ci, can I say so?
Only outpatient is not clear...

Not everything is covered in the medical card, and the circumcision procedure is one of them. It is clearly stated in the Exclusions of the brochure.

Whether there is a need for CI depends on whether you are able to 'stop work now' and still continue to spend as if you are healthy.

The Day Care Procedure here refers to (may be added from time to time)

No, circumcision is not covered. See below.

Hi,

Need help here.

A foreign citizen who already in Malaysia for short stay upto 90 days (vacation) without purchase travel insurance from home country prior departure.
Contacted few insurance companies, replied is negative. Either can only cover Malaysian,  minimum stay must be 6 mths, must have working visa, etc.

The intention is in the event of unfortunate happen and hospitalise, it can be cover full if not partly by insurance.

Any advice is very much appreciated.

Irrespective of when you bought the policy, if it is clearly stated as an Exclusion, it will not be covered. Sorry.

For older policies, Circumcision is covered if it is warranted due to repeated infection or balanitis. However, circumcision for personal hygiene reason would not be covered.

Hence, insured needs to read their contract carefully on the Exclusion portion to see what was written there with regards to circumcision, etc.

If you are confirm they are cheating, do you have proof or evidence?
There are successful case complaint to FMB or BNM.
Stop buying insurance is not a solution.

I'm not defending any insurance company but i feel that there's a need for insurance especially medical card.
It just happen this month... my colleague fell sick, went to General Hospital, hospitalized for 2 weeks, doctor said everything is fine. But he's still very sick, no choice and went to private hospital for 2nd check, diagnosed lung cancer 1st stage, within 1-2 weeks, 17K spent. Our company insurance max claim is only 25K. But he doesn't have a medical card, his kid still < 1 year old.

hahaha..I can actually understand the cheating impression on agent, or even on insurance company.

There are many items that is not explained by agent in detail during sign up. Some agents tried to explain but customer get no ball..lol
And some of us don't even bother to read the policy contract, tell me you read in detail and understand it well?
Disappointment and frustration come when fund is needed but not able to get help from the policy we paid for years.

I also one of the majority, not understand the insurance product I bought in younger age.
Just buy something la as elders advice to...hhaha
Recently while surveying for upgrade, only i found out i actually overpaid at beginning of policy years.
Most of the fund went to unallocation premium.
So am I also cheated? Or is it I didn't do my homework?
Just treat it as lesson learned and move on lo...

As much as I support freedom of speech, this particular forummer has been around complaining EVERYTHING about insurance companies with no ABSOLUTELY NO objectivity in his statements whatsoever. It’s totally a round-about of non-healthy discussion. So, maybe just leave it at that and actually help forummers who have actual questions.

How I mislead you?
If you feel that medical card is useless, what is your recommended solution to my colleague?
He's still under treatment in private hospital, he want to be back to work as soon as possible because he couldn't afford to pay for the medical bills.

This is the 2nd opinion after General Hospital fail to find the cause of his sickness though he had stay there for weeks.

oiii...how agent can dont understand the policy contract!?
Must master la...in my opinion

Haha...what to do, insurer need to put down black and white to protect themselves oso ma...

Understand your unhappiness and would like to share the fact based from your experience.
As forum reader, I love to know the experience shared by other...the fact that agent will not tell...lol
hmm...maybe in more positive way, see anyone can give better advice..?