If I want to transfer my policy from a terminated agent to another agent.
What should I do?
Just the amendment form will do?

If I want to transfer my policy from a terminated agent to another agent.
What should I do?
Just the amendment form will do?

Which insurance company is that?

1) You need to find a new agent that is willing to service you
2) 3party need to sign a transfer of servicing form. That is you, the new agent & also the previous agent upline (manager) to agree

Understand pretty well of the T&C as I persoanlly met Pacific GM to explain 1 by 1 to me.

That's mean amendment form is useless?

Manulife, I request transfer of servicing form.
But they gave me ammendment form, they said it will do for transfer cases.

http://www.manulife.com.my/cservice/lifein...erservices.aspx

Different insurance companies have their own sets of procedures when its comes to agent transfer.

If you had spoken to the customer service and they had clarified on which forms to use, then just follow their instructions.

A note for you is that when filling up the change request, immediately after your request, draw a big Z to cancel off and do not leave any empty space.

But the agent asks me to get the transfer of servicing form.
When I request from the customer service, they seems like unsure what's that.
End up by calling underwriter and I was told by them transfer of servicing form is for internal use only.
If I want to transfer my policy to a new agent, amendment form will do so.
In order to be sure, I think will call to HQ to verify again.
Do you mean before I submit the form, draw a big Z to fill up the empty space?

Yup, just incase

hi
any1 know whether there's any insurance/ takaful company in Malaysia that offer Term Insurance?
thanks

Great Eastern Takaful offers 3 kinds of term insurance: i-GrEaT Amal, i-GrEaT Idaman and i-GrEaT Teras.

Refer here for product brochure details

http://www.i-great.com/i-great/family.html

Guys, I have health card from Prudential i.e. PRUflexi med. Annual coverage is 50K and lifetime limit is 1mil. I'm 24 this year. Any ideas if this is adequate? Should I topup more for annual coverage limit?

It boils down to your budget, instead of the agents budget. To be honest, if you re worried of serious prolonged hospital admission at a private hospital, even if you have an annual limit of Rm200k, it may not be sufficient.

If the budget allows, I would recommend to spread out the premium evenly towards Critical Illness and medical.

Do take into account that you would also have your company cover on top of the annual limit from your personal medical card. The annual limit is more important than the lifetime limit.

Hi Roy

Thanks for your reply.

I am just wondering whether the annual limit is sufficient for myself. My firm does not have medical coverage. How do I "spread out" the premium evenly towards CI because the PRUFlexiMed will cover "as charged". For CI I have Great Eastern already.

This post has been edited by izwanz: Jul 17 2013, 02:19 PM

Do ask your agent to quote for adding another RM50k to the medical card, if your budget allows you to do so and if you have the CI covered.

The word "As charged" is still bounded to the annual limit of Rm50k.

Hi all sifu, any recommendation for critical illness plan? currently i have medical card from GE, it does include 100k for critical illness in the same plan but i wish to add on.

You may add on to the existing GE plan. Should be cheaper.

Hey there, your plan is investment linked from GE with attached medical card? You can get addon if in that case.

As you said, your firm does not provide medical coverage. This will leave you in a vulnerable financial state if some big medical condition would occur that would give you a big headache with big medical bills.

Annual limit that is less than RM100 000 is definitely not enough as it would be hard for you to topup in the future if some major operation should occur. You don't want to be stuck with a medical plan that is insufficient to meet followup treatment costs, right?

How much is your GE CI cover? Investment linked with 36 CI only?