Im smoker and i m at early 30s ..any plan can u suggest for me?

should i go 4 medic check up first?

non smoker, early 20s.. looking to get 1 savings, 1 medical (death, 36, accident). this is better than all-in-1 right?

Hi all,

Just wondering... am I paying too much or too low for my family's insurance coverage. Paying about RM1,250 per month for the whole family policies:
1) GEL life (bought 20 years ago), still paying... till end of my life
2) GEL life + some medical protection (bought 15 years ago), still paying... till end of my life
3) Prudential Investment link + med card + CI (bought 5 years ago), still paying... till end of my life
4) Prudential term (bought few months ago), still paying... till 10 years later
5) spouse's MAA life (bought 15 years ago), still paying... MAA says need to pay another 10 years... (my agent told me only need to pay 10 years, now need to pay up to 25 years  )
6) spouse's GEL life + some medical protection (bought 14 years ago), still paying...
7) spouse's Prudential Investment link + med card + CI (bought 5 years ago), still paying...
8) daughter's GEL life + some medical protection + saving (bought 8 years ago), still paying... till she turn 18
9) daughter's Prudential Investment link + med card + CI (bought 5 years ago), still paying... till she turn 25
10) another daughter's Prudential Investment link + med card + CI (bought 5 years ago), still paying... till she turn 25

Average of RM125 per policy per month... not too bad, but the coverage not really much lah.

Feel free to advise and share your thoughts or mind to share how much are you paying...

Thanks.

Im smoker and i m at early 30s ..any plan can u suggest for me?

should i go 4 medic check up first?

Hi,

My advice as follows:
1) GEL life (bought 20 years ago), still paying... till end of my life. Only life coverage around 50k. Keep it for them to give u interest. (You means keep it and collect interest from them, later the $ pass to my family)
2) GEL life + some medical protection (bought 15 years ago), still paying... till end of my life. Medical will be out of date, should be those on reimbursement basis medical pla. Advice: do a review on this (Yup, those are basic medical plan, I was thinking to 'drop the med coverage' and just remain the 'life policy')
3) Prudential Investment link + med card + CI (bought 5 years ago), still paying... till end of my life. No issues with this (just top-up the medi coverage recently)
4) Prudential term (bought few months ago), still paying... till 10 years later. Life/Death benefit shall be higher since this is a term policy. No cash values attached. (a bit 'kiasu' for coming 10 years time, need to have extra $ coverage for my family with the cheap term insurance)
5) spouse's MAA life (bought 15 years ago), still paying... MAA says need to pay another 10 years... (my agent told me only need to pay 10 years, now need to pay up to 25 years  ). Sales tactics by agents. Agent told u critical year is 10 yrs and dont need to pay anymore. MAA told u interest generated during the last few years are not able to cover cost of insurance  (   )
6) spouse's GEL life + some medical protection (bought 14 years ago), still paying... Same like yours, do a review on this as this may be out dated.  (Yup, those are basic medical plan, I was thinking to 'drop the med coverage' and just remain the 'life policy')
7) spouse's Prudential Investment link + med card + CI (bought 5 years ago), still paying... Good and keep it, and may do some review to increase the medical coverage. (just top-up the medi coverage recently)
8) daughter's GEL life + some medical protection + saving (bought 8 years ago), still paying... till she turn 18. Keep it and review the medical part. Because normally child dont need much protection on death and illness (actually, this is like the endowment plan, cash out at age 18)
9) daughter's Prudential Investment link + med card + CI (bought 5 years ago), still paying... till she turn 25. Keep it and review the medical part. (just top-up the medi coverage recently)
10) another daughter's Prudential Investment link + med card + CI (bought 5 years ago), still paying... till she turn 25. As above advice (just top-up the medi coverage recently)

Hi chew_ronnie,
Thanks, really appreciate your input.

Hi no worries at all.

I think u already have an answer for yourself, looking at the way u top up. And since u have top up your medical plan, the next best thing to look at is ur Death and critical illness benefit.

As yourself this question, if yourself is diagnosed with critical illness, how much u think u need to survive say 3 to 5 yrs when u r not able to work. Has ur CI coverage up to that mark?

Death benefit, if u pass on, how much ur spouse get? For living expenses and most importantly, ur children's education fund?

This is just a rough guide. Hope it'll help out.

Thanks

Thanks again chew_ronnie.

I notice that my CI and death benefit coverage not really much, thus, I bought a 10 years term inssurance early this year and hope this help to cover a bit more before i retired (10 years later). I think the coverage only can last 3-4 years of living expenses for my family, as the children's education fund, perhaps, only can ensure them to go for local college...

Currently, I have commited to pay about RM1200+ per month, I think I need to double up the insurance premium (RM2400+), in order to have comfort coverage... but how can afford to pay more???

Life is short, enjoy every moment we have 

i'm 21 this year and non-smoker, can anyone recommend me which insurance shud i take? prefer rm50 permonth

Im smoker and i m at early 30s ..any plan can u suggest for me?

should i go 4 medic check up first?

i'm 21 this year and non-smoker, can anyone recommend me which insurance shud i take? prefer rm50 permonth

i must say that i am noob when it comes to insurance.

i do have my own insurance, but when my sister-in-law ask me about insurance for her baby, i could not think about any good insurance.

basically, what is a good insurance for a 8 month old baby? my sister in law are actually looking for education insurance, which would be beneficial for her baby when she starts her tertiary education.

hey guys any insurance coverage for working overseas especially in singapore. Won't be long in malaysia, still thinking whether to get one. I already have life insurance