Any agent around Melaka? I wan to get medical n those all in one de, around rm250-300 ....any company except hongleong,prudencial,alliance..

I am28 male. Thank you

can you provide details like age, smoking or not, and occupation?

as for me: 28, smoking, agent.

RM100,000 15 years term: RM359 p.a
RM100,000 20 years term: RM428 p.a

underwriter: AIA Berhad

What do you mean by this, MaxWealth?

That means traditional plan (life, 36 CI, endownment) premium are guaranteed.

ILP insurance cost is non guaranteed. Hence, premium is also non guaranteed.

For medical car for H&S, it is never guaranteed although it is traditional type or ILP type.

Hi ppl,

i'm very new in insurance but i believe i must start buying now while i'm young. i'm 24 years old this year, just started working, looking for a good saving plan insurance. i hope someone can delight me with some inputs. how to choose a good insurance plan while saving. i bought those cheap insurance which only covers but doesn't save b4. plan to get one with savings. budget is below rm400. any companies i should look into?

how about MAA Takafulife? My friend did offered me this, but I cannot commit. Salary just enough to cover family expenses. Need to find another source of income....

Prudential !!

3 questions:

1) I'm a married woman. Do I need a life insurance coverage? Or medical card is enough? I think life insurance only needed for a father?

2) For a man aged 40, is RM260 on insurance too expensive?

3) If terminate the insurance RM260 & buy new insurance, will it be more expensive?

So for me & hubby, what's the best insurance plan can you guys advice?

TQ

1) life insurance primary is for the one generating income to the household, at the person is the financial pillar of the household, so if anything happen to the person, at least got life insurance to cover/protect the future financial issue.
If one is not working, not generate income, the life insurance is not that important already, although there is nothing wrong to have one, just it become secondary.

2) It depends on what kind of insurance, and coverage.

Nobody know your situation and affordability, so it is hard for other to give advice.
Insurance agent for sure will tell you, you need life insurance, medical, saving plan, blar blar, but whether you really need it, afford it, it is another story.

There is not such thing of best insurance plan, it caters individual needs for it and suitability and affordability.

You don't want to put yourself in a situation, all money earned all goes down to pay insurance premium and left little saving.
Remember when you are dieing in hunger, aka no money in the pocket to buy foods to eat, even you have million of insurance, also die in hunger.

Agree

Gathering your inputs here. Which would you prefer for medical insurance, and why?

Assuming the following factors are similar and static:
1) Basic sum assured
2) Monthly premium price
3) Lifetime Limit (RM1.5 mil)
4) Room & Board RM400

[Option 1]
Annual Limit: None
Co-insurance: 10% as charged
INPATIENT - min RM300 / max RM1,000
OUTPATIENT - max RM2,000
if exceed annual RM150,000, both IN & OUT max becomes None

No Claims Bonus RM500/year into your Cash Value


[Option 2]
Annual Limit: RM200,000 to increase 10% every 3 years if no claims
Co-insurance: 10% as charged
INPATIENT - min None / max RM500
OUTPATIENT - max None

+1% Additional Sum Assured annually irregardless of claims

Option 2

Outpatient is more important such as cancer/kidney treatment.

u sell wat company?

I'm 23 years old non smoker and going to start working next year. I can commit RM100+ per month. So far I've been looking around for Firstlink PRU, Etiqa Takaful and comparing them. I do not have any insurance policy atm. Any ideas? Great Easterns agent around?

This post has been edited by izwanz: Oct 24 2011, 11:13 PM

1) Yes of course. It will be more important if you are contributing to the household income as well.

2) RM260 is average price for an individual, there is also a lot of other factors to take into consideration like
occupation, income, expenses & etc etc. Cant really say its over insured or under insured.

3) NO NO NO. Of course.

4) Get a life insurance with 36 Critical Illnesses + a Medical card. I see a lot of people diagnose lately with
cancer & heart related sickness, maybe due to the food we consume daily hmmmm.
Very important to have a proper coverage.

It is always not so good to answer like this.
I know you are from insurance background.
But without knowing the person situation, straight away put an "yes of course" is never right to start with as good advice.

We don't want to have buy as much as insurance you can.
Yes, if money is not a problem, never mind, buy as much as you can.
But for most people, budget including insurance premium need to be calculative and set for priority.
Overbought insurance or bought useless or serve little purpose insurance especially for middle class can become a big burden as well.


If the woman is not financial pillar of the household, whether the married woman got life insurance or not, is not important at all.
If the husband is the financial pillar, it is much better to put 2x life insurance premium on the husband side.

Medical side, I would put "yes" if can afford to.

---

Added on October 24, 2011, 11:24 pmLife insurance primary function is to substitute the financial pillar loss.
Which is always the first consideration whether one needs it or not.

This post has been edited by cherroy: Oct 24 2011, 11:31 PM

I'm not selling..! What gave you that impression?

The in and outpatient limits were referring to the co-insurance max and min. Both options do cover outpatient treatments.

That being said, no max limit of the 10% co-insurance for outpatient would then mean higher payments on your side. I hope this makes sense.

Hmm, outpatient means outpatient cancer and kidney dialysis? or outpatient accident?

Do bare in mind that some has limited outpatient accident treatment.

And most importantly, the outpatient cancer and kidney dialysis limit.

You should state the life time limit as well

This post has been edited by MaxWealth: Oct 25 2011, 12:59 AM

Lifetime limit has been stated at point #3

Lets keep this simple and put it as ALL outpatient ya. Including dialysis and cancer. If we add too much variables here it would be too much! Then we discuss until cows come home hehe

So which would you choose venven? Or are you professionally biased therefore unable to put in your choice?