In terms of benefit/cost, it is better to take ILP's medical card because the medical limit is much higher than that of standalone. If you look at the insurance charges(the cost of the medical card), both of them are about similar for the same Room & Board, yet the ILP's medical limit is higher, hence enjoying more benefit.

you got pm!

Yes, i had glance thru those forum talks already. Agreed what you had said.
Just worry the ILP is "funds unit" related, might lapse and need topping up yet the cost will be higher.

However due to the protection higher might end up consider the ILP....

sigh there is no two good plan only 1 good with 1 bad

Anyone here have any experience / purchased I-Great Damai from GE

Hi all, one of the insurance agent recommend me this IPL.. I hope to get some opinion from the expert here before i commit to this IPL as i need to commit around rm260 monthly
Im female..age 27..

Life -100k +FV
36CI -100k
Early Stages 59CI -100k
5 different groups of 39 CI -100k
Medical Cards -1.2M lifetime
TPD -100k
Total all should be rm260/month

and she also recommend to add female care plus.. if add this as well monthly commitment will be rm300

Is it GE ?

no

For starter , which is you never had any insurance plan before ,
I would said this is kinda like a all in one plan for you,
Not bad , coz low premium high protection .

Beside , what company is it ?

Actually she do give me to choose either 50K, 80k or 100k.. do you think for a starter like me should just get a all in on plan.. so i no need to worry so much later on...

btw is ING

The best person to comment is simonlai

All in 1 is good for you in my opinion ,
But sum assured is based on ur capabilities ^^

for a start to have an ILP plan is somewhere here . . . . .
*personal point of view i will remove early stage CI
+try to increase more in your medical coverage (yearly limit more important)
+if you forget to mentioned the payor / waiver rider

Hi Ron,

Let's conduct fact finding first before coming up with any plan.
How much protection do you need?
What kind of protection you currently have / don't have?
How much is your company covering?
What type of coverage they are providing?

It's good to know what other companies is offering. At least you're aware of the pros & cons which help you make a better buying decision.
But having a good plan is just one thing. The MOST IMPORTANT thing one should do is conduct fact finding. He / she should do needs analysis to find out what coverage and how much coverage they need. Then, only we look how does the available products fit into our needs. This way, you wouldn't need to worry whether the how the aggressive agents approach us. We have a solid justification of what we need and why we need. Won't be carried away simply by some so-called "attractive returns".

Insurance is for protection. It's is seriously not for one to invest / make money out of it. If insurance agents are selling their products in such way, just turn away. They are simply not professional / ethical / sincere in selling your the right protection plan.

How do you spot a sincere insurance agent?
Up to date, I have really met tons of insurance agents. Frankly speaking, those who are up-to-par with they competency and capability does not reach 5 person.
An agents needs to be:
- professional - offer best expert advice since they undergone numerous insurance-related trainings
- ethical - don't sell inappropriate products
- knowledgeable - competent in financial planning & financial-related knowledge
- good pre & post sales for entire life

Insurance shouldn't be operated just because of the commission. One who really want to join insurance needs to take up the long-term responsibilities that associate between agent & clients. What's the use of hit & run? Now, one must give it's sincerity in the business. The same for the future and to everyone of their clients.


Before making a decision of cancelling / retaining, you must actually analyse both plan thoroughly.
If you do not have the expertise to do so, your agent suppose to provide his professional advise to you.
It shouldn't be just comparing the amount of premium charged. I might not be giving a 100% accurate advice, but i'm suggesting that it might not be a fair comparison.


Standalone vs Whole Life
First, to find out what's standalone and whole life
List down the pros & cons
Determine your needs
What kind of benefits and how much you covered currently.
Compare among both type of insurance plan.
Decide which suits your needs better.


To be able to determine whether the quoted amount and benefits is good or not, we need to do NEEDS ANALYSIS.
By looking at the figures, it doesn't bring meaningful info to help us in making the buying decision.
It means, we need to find out what do we need, why we need it, and of course how much we need.
Having a baseline / benchmark, you're able to compare and decide whether those quoted benefits & coverage fit nicely into your needs.

If you are worried about investment risk, you can choose the funds with the lowest risk, and in most instance it will be those fixed income funds.
They are also known as bonds or debt securities.

Hi all,

For investment link policy, as I know we can reduce the sum insured for Life/TPD and 36CI at anytime upon request (subject to a minimum amount).

Let say I buy an investment link insurance with high sum insured amount for Life/TPD and 36CI. At old age (after 60 years old), if I want to reduce the sum insured in order to reduce the cost of insurance, will the insurability an issue?

This post has been edited by Calvin Ong: Jun 10 2013, 09:44 PM

To reduce, no issue, since it means lesser risk to the insurer.

But if later you change your mind and want to add in back, it is added risk and that my friend is subjected to underwriting. to

This post has been edited by roystevenung: Jun 10 2013, 10:04 PM

Need to know more about Personal Accident (PA) insurance. I want my family get a compensation of RM 1.2 million if I die in accident. Someone said I can achieve this if I take RM400k protection of PA from 3 different insurance companies. Is it true?

If it is true, may I know which insurance company can give PA protection of RM400k for me? How much is monthly premium payment for this purpose?

Good Question.. I also got bought PA rm400k many years ago.. PA is very cheap.

U must remember, only got ORIGINAL / GENUINE 1x copy of Death Certification 1x copy of Medical Report and 1x copy of Police Report .. Can claim 3x different/same insurance companies ?

Can 3x different/same insurance company willing to accept "Certified True Copy" with the CHOP of the above from the insurance agent/family member
to claim ? Any insurance AGENTS help b4 to claimed insurance using "CERTIFIED TRUE COPY" ??

He Posted Good Question to share it here.. Any insurance agents can help to answer this question? If otherwise, public will
stick to ONLY 1x long and royal insurance company/AGENT to serve them.. Have a great day.

This post has been edited by netmask8: Jun 10 2013, 11:09 PM

u can get 1m PA policy without go thru medical checkup at tokio marine

Interested to know the answer as well...

How about if the person buy multiple Life Insurance? GENUINE copy for death certificate only got 1... I think insurance company should be OK with "CERTIFIED TRUE COPY"...