Well, for your information, ING is up to 80.
Do anyone feel that they need coverage up to 100?

since when ING covers the medical card up to 80? according to the IMPlus that i got from here, it's only up to 70.

Have u thinking of its better to have the option for customers to choose from?
even though not all customers will want it but u never know what are they thinking around the age of 80 or 85.

Well, there is another package named UL Mediplus which cover up to 80 years old.

there's no right & wrong on these matter
if you feel like getting a med card which is stand alone . . . go ahead
if you feel like getting a med card term up to 100 years . . . go ahead
if you feel like not getting any coverage on medical . . . make sure you have minimum 100k in the bank account

understanding the t&c for each medical card offered in the market is more important from my personal point of view

Wow... Any LYN members from any insurance company?

Among the top 5 insurance company?

yup. I am from GE.

I believe there is alot here.

u're from Pru, while leecy from GE?

It isn't hard to know based on their posting and signature.

This isn't a way to increase your post count.

I skimmed through some of the pages here, way too much info to read

My question is more towards basic term life insurance. Is there much of a difference in terms of pricing between the companies or are they all the same? This is basically my top up insurance from what I've already received from work, nothing fancy needed except term life. I checked with MCIS Zurich and Etiqa already, any agents out there interested in helping me out and possibly getting some business just PM please.

Assume that I have liquid assets enough to sustain my family for 10 years, do I need life insurance coverage? I have both life insurance and critical illness plus medical card coverage. Am thinking of dropping life insurance. What do you think? Mine is pure term life. If I stop the term life, does it somehow affect my track record with the insurance company? E.g. if I decide later to increase my critical and/or medical coverage, will they do it?

ermm... if you're talking bout top up den i am sure you're taking an investment link product (ILP) am i right?
my advice as an agent is, try dun drop any insurance plan that is already running ^^
and i think everyone need a life insurance coverage so i would say yes ^^

the reason that u wanted to cancel the policy is because? i dun think is about financial as u stated your liquid assets will be able to sustain ur family financial for another 10 years ^^

i dun think it will affect your top up if you terminate a policy ^^

anyway if you still know your servicing agent you can try contact him/her about it^^
but if you need service from agent you can let me know ^^ maybe i can help out a bit ^^

This post has been edited by morning06: Oct 8 2009, 03:45 PM

Agents,
jus a question

Do you guys every got succesful contract from this LYN?

hello i'm the aia agent..haha ;-) any question?

u mean ever sell products to LYN members?
if thats wat u mean den NOPE ^^ coz i am new so try asking others ^^ i bliv they are some ^^

yea, i mean so

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Added on October 8, 2009, 6:03 pmyou said you are aia? not doing it in fulltime ay?

This post has been edited by storm88: Oct 8 2009, 06:03 PM

just wanted to ask you agents, why would a company want to obtain a group hospital and surgical scheme for its staff? is it mandatory for companies of a certain size or does the existence of the insurance scheme act as a perk/benefit for staff?

I'm from Great Eastern.

I'm not sure about people comparing the products. You guys should compare the agent as well.

Alsree, I'm not aware in Malaysia that it is mandatory benefits for staff.

It's just pure employee benefits, getting the staff morale higher.

@ Constant, you don't take out your life policy unless you really have to. However, you have enough liquid asset for 10 years. Do that means you are willing to sell those assets if you were to pass away? Do the yearly premium really create such a burden to your finances? In real world, the more money one have, the more insurance he is getting. Ask your wealthy friends how much insurance coverage he has. You'll be surprised rich people buy more coverage than low and middle income family.

Why?
1. Creditor Proof.
2. Emergency Cash (Policy Loan - create your own bank)
3. Proceeds and returns are tax-free
4. Create assets, instead of building assets


The company will suspect when you cancel and increase your coverage later, and query is normal. That is standard procedures. If you are healthy, that shouldn't be a problem.

it's part of company Benefits
and somecompany bought some insurance just to protect themself,
incase like their staff done somthing terribly wrong and gone into legal suit. jus to cover their ass la