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 Great Eastern VS Prudential

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ChrisGood
post Jun 3 2014, 11:59 AM

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Junior Member
47 posts

Joined: Mar 2014
From: Kuala Lumpur


QUOTE(Life Adventurer @ Mar 2 2014, 06:17 PM)
Hi, I will recommend Prudential. First of all, I worked for Great Eastern (my first job) for 2 years.
Actually, life insurance of any insurance company is good. It is just management culture that makes product different.

One more important & most important thing about insurance is....services offered by insurance agent. His/her professionalism & financial knowledge. Another factor top the list is operation staff (i.e.: Underwriting & Claim). Among both, claim staff is very important when dealing with turn around time of particular claim (i.e.: how long it takes to evaluate & release claim payment with minimal error).

I was Great Eastern staff and I bought 2 policies from Prudential. So, I hope you understand the meaning behind.
If you have any more question, please don't hesitate to contact me. I hope my knowledge could help more people in choosing the right financial product.
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Products, other companies copy Prudential. But the culture, cannot be copied. Thank you for supporting Prudential.

Prudential is the first insurer to offer we Malaysians:
-medical card
-Female plan offering protection for pregnancy complications and child congenital conditions (PruLady)
-PruMyChild (mothers can buy for baby in the womb)
-we started all the buzz about retirement planning 4-5 years back, remember the tv ad "what's your number?"
-no claim bonus for med card
- unlimited annual limit for med card
-PruSenior Med card for senior citizens
-investment-linked plan
Etc

90 years in Malaysia, from bottom to top. Surely something must be done right. Logo still the same, name still the same. Prudent company to place your trust in. Check out the website and learn abit more about the company and it's history.

By the way, I think the comparison above is unfair. Once glance and it tells you it's great eastern offering better value and coverage. What are the actual terms?


ChrisGood
post Jun 3 2014, 12:07 PM

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47 posts

Joined: Mar 2014
From: Kuala Lumpur


QUOTE(Zot @ May 21 2014, 11:48 AM)
The only thing that any insurance company do fast is to collect money. 1 minute late, you are not covered already but when it come to paying, you feel like it takes forever  biggrin.gif
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Sorry, Because you bought the wrong plan, from the wrong agent, from the wrong company. Or are your premiums very very very cheap? Something like what Bankassurance and telemarketers are offering?

1-3 weeks for disbursement of claims ( follow ups, pre admission bills, critical illness claims etc) if the receipts and necessary reports are submitted together. I had critical illness claims paid within 8 days. Not because I'm good, because Prudential was excellent.

Look through your insurance policies, readjust and buy new ones if budget permits. Do not have 10 policies of rm30-80 each but expect these policies to take care of your financial security well. Better to have one rm300 policy that is comprehensive. My thoughts, sincere advise.
ChrisGood
post Jun 3 2014, 12:13 PM

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Junior Member
47 posts

Joined: Mar 2014
From: Kuala Lumpur


QUOTE(pg84 @ May 21 2014, 11:43 AM)
Just lost confidence with GE. How about prudential ? Is it recommended ? Allianz also seems very agressive with their marketing.
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Place your trust with Prudential.

I'm with Prudential for the past 9 years.

You won't buy from me. But buy Prudential.

Check out the website, know intimately about the company.

Walk in to Prudential HQ, observe our customer service area. Then go to the other companies. Observe. See which one has more clients holding their policy looking frustrated?.



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