@lifebalance. will contact you for proposal. thanks!

Only use one medical policy to claim will be troublesome meh?

Room & board, in case one policy's coverage is not enough, you need to use the other one.

just add hospitalization benefit if not enough

vapor = smoker?

from AIA?

Yes you're right

what is the most suitable medical card to have for a 26 yr old single guy?

- non- smoker

- non- drinker

looking at premium about 150-200 a month.

Would be ideal to meet up to understand ur main objective and plan from there.

Ideally you would want to have basic medical card with some life coverage.

What do you do?

i'm a manager for a retailer.

Looking for insurance advice.

24 years old, married, both with office jobs. Combined income of RM70k/year. Prefer non-investment linked insurance policies. No kids, no smokers, no drinkers, no known conditions. What should of premium should I be targeting and how much would the overall insured sum be? Thank you.

Need advice from sifu here.

My siblings have just completed paying off a shop loan. Like to see whether there are windows for us to save some insurance money.

AA
How is the insured amount arrived at for shop insurance? x% of the current market shop price?

BB
Are there different insurance policies, say, for fire only, for flood only, physical damage etc?

CC
Is the fee payable the same from all insurance companies for the same shop insurance coverage? That is standardised/controlled by the govt? If so, then no need for me asking around.

Thanks.

Depends on your needs, you will need to sit down with a life planner to talk about it

AA
based on market value

BB
There is fire, you can add on flood, physical dmg etc.

CC
Almost standard, unless the insurance company see that you're purchasing a high sum, they can drop abit of price to compete. They have a rate book for each risk.

Noted and thanks.

AA
Market value includes the land price etc. Insurance will only cover for the reconstruction, maybe x% of the market value?

Suppose I insure for RM0.5 million. After reconstruction, the bill is only RM0.4 million. Can I claim for RM0.5 million?

BB
So the costs will be different depending on the extent of coverage. I thought there is only a standard building coverage.

CC
So I should pool all my insurance with 1 company and try to get a better deal. Ha.

Many thanks.

It's better to over insure than under insure because if it's under insured say the market value was found to be 0.5m that time and insurance is only 0.4% that will be lesser by 20% of the original insurance coverage so the insurance company will only compensate 80% of 0.4m

Fire insurance is main coverage for a building policy and from there you can add on other perils if necessary

Yeap provided all the building belong to the same company

insurance price increase this year?

Many thanks!

curious on Day Care procedures, will consultation also be claimable or only procedure?