Is it advisable to surrender the existing policy with insurance co GE for myself, a single lady with age of 40:-
-> 1st insurance - basic coverage (CI, Live, PA) with yearly premium RM1k for 13 years. if surrender, can get back about RM6.8k.
-> upgraded insurance - investment plan with yearly premium RM1.8K for 6 years, if surrender, will get back about RM7.2k.

"Upgrade" to Powerlink for RM3.6k+ yearly to have upgrade a bit and "double" up my existing coverage which approached by the agent, the offer is due to 10 year anniversary of this insurance company.
1. Life (death or total paralyze) RM80,000
2. 36 illnesses RM80,000
3. Medi card RM1,000,000 (whole life) RM150,000 (a year), RM200 hospitalization / day.

Need some advise from expert.


This post has been edited by yaoho: Mar 30 2012, 02:18 PM