I'm from ING & if you wish to know more abt education plan, kindly PM at kflai5@hotmail.com
I'm not so active here...
Thanks

can anyone quote me :-

47 years old non-smoking
sum assured life 300,000 (double if accident happen)
sum assured TPD 300,000 (double if accident happen)
CI sum assured 300,000

y u wan 2x when accident happen?

didn't that insurance is cover for accident?

natural death n accident death is different

wat is natural death?

sleep then 2moro no wake up?

sick in hospital then die?

May I know, what is this cover for? Any special needs, like to cover a mortgage?
As it won't be cheap, a rough calculation, be it investment-linked plan or traditional term plan that covers till age 70, your monthly premium will range from $700-$800 monthly.

This is your benefits:
Life /TPD 300,000
CI 300,000
PA 300,000

PM me if you want to go further. Thanks.

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Added on July 30, 2011, 5:20 pmMany insurance company now offer "Guaranteed Renewalablity" plan, as this is guideline from Bank Negara. Meaning the policy is guaranteed to be renewed, but terms and conditions are subject to change on time of renewal.

This post has been edited by michwaka: Jul 30 2011, 05:20 PM

Need some opinion on education fund. 2 questions:

1) Anybody knows which insurance company provide a better education fund? Planning to get an education fund/insurance for my 2nd newborn. I already have ING education fund for my 1st born

2) I'm beginning to think whether it is really worth it to buy education fund as I can invest in other instruments to get better returns (although with higher risk). I guess education funds has its advantages and disadvantages but I want some views on it. Any opinion is much appreciated

Note : I do diversify my investment and education fund is just another investment with different advantages/disadvantages and risk/returns.

This post has been edited by kmarc: Jul 31 2011, 09:10 AM

Looking for a insurans plan,kindly give me quotation. Non-smoker, 26 years old(next birth),Male. Pm me.
1)Basic Life
2)36Illnesses
3)PA
4Medical card
5)Investment (optional)
I got a quotation from my friend's which seems ok for me but cover up to 70 years old for ND. Any advisable since I 'm tight in budget.


This post has been edited by solarwing: Jul 31 2011, 04:07 PM

The advantages of education fund from insurance company is not from its return of investment but:
1) you can attached payor benefit so that policy will continue even unfortunate happen to you.
2) you can include your spouse as payor benefit so that policy will continue even unfortunate happen to your spouse.
3) tax relief

my mother is about 61 years old, very healthy, any health or medical insurance to recommend. Surgical coverage if possible

60 days waiting period for CI?

your new born until tertiary education finish is 18 years...then Set the education fund for 18 years ... Invest in blue chip / unit trust by doing dollar cost averaging... The risk is very low if you can do it for 18 years..

Insurance good for protection only... because i just realized my medical card linked investment (which i terminated), the projection says need at least 8% average return for the next 20 years, only to get back the total amount save for 20 years... -__-lll

that means i "invest" for 20 years only to get back just my capital only and if is less than 8% that means i wont even able to get back my capital at all...

This post has been edited by Loonie2: Jul 31 2011, 09:27 PM

There is no right or wrong to purchase an education plan. As always said, insurance products is not a place for sky high returns. The only beneficial purpose of an education plan is there WILL be a guaranteed sum of money when you need it (no guarantee how high it will be) should anything happens to the payor (or parents). This is main function of an insurance education policy.

So if you want returns, turn your head to mutual funds and invest regularly - dollar cost averaging.

If you want peace of mind, with guaranteed cash payout to child on regardless what will happen in the future, here are 2 choices for you:
1. Get an education policy with a waiver cover
2. Get a life insurance for yourself with big coverage, and in case any mishap happens to you, this money will be given to your child, but make sure your estate planning issues are done well by doing so.

Hope this helps.

Dear all, any idea if age of 65 still can buy new medical card ?

Life sum assured / TPD / CI with = RM300K + cash value**
PA if death = RM400K(1st year)
= RM600K (2nd year renew)
= RM900K (3rd year renew and thereafter)
Dismemberment benefit upon PA (double living benefit) = RM400K
Medical reimbursement upon PA = RM2000 (inpatient & outpatient)
Weekly indemnity benefit upon PA = RM50

Total premium for the above package RM9040 per annum.

**premium waived upon TPD/CI.

If interested, pls feel free to PM me.

Thanks.

rgds,
Jessy

Strongly Agreed from what you share at here

I see. Yeah, I totally forgot about the tax relief. Thx for reminding me.

Thx for your views. Will definitely invest in blue chips the next time round. Waiting for the next market crash.

I still dislike unit trusts because of the high fees of 5.5% on initial purchase.

I see..... never really understood the main function until you explained it that way. Always thought of it as just another investment tool.

Ok, thank you all for you advices. Will go for one education fund policy then......

Now, need to find out which company provides the best education fund!

Try & get PruHealth. Our medical card which coverage up to age 80.
Required to do medical check up . . . PM me for more info

Assuming ur next birthday is is 48 & working class is 2:

36 Crictical Illnesses / Death / TPD ==> RM300,000
PA stand alone ==> RM500,000 (double if public accident)
==> RM500,000 (liability insurance comes together with the PA plan)

Total Premium is RM7988 + RM468(PA) = RM8456

This post has been edited by Colaboy: Aug 2 2011, 07:02 PM

I now on old GE ILP plan

Is it possible for me to upgrade to higher R&B rate at the existing plan?

I dont want the latest GE medical card plan.

hi,

i am currently looking for a comprehensive personal insurance that cover everything

death
total permanent disability
medical insurance
critical illness
pa
etc etc

agents are welcome to promote their product and i will compare which suits me the best

looking forward to know the pro and cons to help decision making

please pm me thanks!

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Added on August 11, 2011, 10:25 amany agent from prudential and ge here? need inputs from them

thanks!

This post has been edited by rokai88: Aug 11 2011, 10:25 AM