If the insurance company's fund performance GREAT, it will cover everything and settle yours ?

Yes. GE too.

I think the maintenance quota is about the same for most companies.

If you are not ready to commit yourself in doing it my advise is don't. Being in this line is not about driving expensive cars or being able to buy big houses.

Reality check: with rm20k api, your pay is less than Rm300 a month, which is worse than a minimum wage factory operator.

In addition, those clients that you have sold to is probably close friends and relative. You are going to have relatives nagging you every CNY.

Take your time and do wise judgement, it is a life long commitment, a service industry. While people are on CNY holiday, do expect calls from your client should emergency occur.

thanks for the quick response. ouh, I don't realise that this plan is an investment link plan. I thought it is just link a normal life insurance policy.

I'll check whether she's doing part time or full time.

Insurance company is a profit making company not a charity. If the medical card is guaranteed renewable, the illness that you have made claim will be excluded and surcharge/loading may be imposed.

No, medical card does not work like that. For a medical card that is guaranteed renewal, if you've already made substantial amount of claims, the next policy year the annual limit will be refreshed, and you can claim up to the maximum lifetime limit it allows you to do so.

For a medical card that is not guaranteed to be renewed, once substantial claims had been made, the next year even if you are able to pay for the premium, the insurer will deny the medical card.

However, do note that once a substantial amount of claim has been made, there is a possibility of the condition may be excluded or even rejected for UPGRADING or getting a SECOND medical card from the same or from another insurance company.

If the claim is under Critical Illness claim, policy with waiver will also waived the future premiums paid, subject to the terms and conditions as stipulated in the 36 Critical Illness.

Waiver of premiums here means the insurer will take over the policy and pay on our behalf and it does not mean that the policy is FREE.

For example, if the person was diagnosed with cancer at age 30, survived it, and the medical card is up to age 80, the premiums will be waived till age 80.

However, at older age the insurance charges may still go up and if there is not enough funds to cover the increased insurance charges, we are still required to do top ups in order to maintain the policy.

Hence, if the policy is with a large Critical illness being attached to the policy, claiming that out would 'free' up the premium and the premium paid by the insurer will automatically be allocated to buying you even more units into your cash values.

That would at least provide some peace of mind that the policy will not need to be top up at later years.

/promo Prudential medical cards are guaranteed to be renewed