YES.OUR MEDICAL CARD CARD NOW HAVE TWO OPTIONS.
YOU CAN CHOOSE TO EXPIRED AT 80 OR 99 YEARS OLD

yes.. there are other options that you can consider..

What is the step and documents needed to claim life insurance to the beneficiary once the insured dies? my friend want to know this. example if the insured pass away overseas and the body can't be found, how to prove that this person really has passed away?

1.death certificate
2. Local Police report and the investigation report of that country stating body can't be found and indeed is dead

Just bring the documents to the insurance company to file a claim.

This post has been edited by lifebalance: May 11 2016, 08:57 AM

Hi, will pm you personally, I think it is much more appropriate and

Smart Extender must be attach with medical card, so it works like an extension of the annual limit from RM90,000 to RM990,000, cashless. Which mean that if the bill is RM500,000, you can claim directly from GE without having to pay first.

Smart Extender Max works as a standalone rider without the need to attach with a medical card, the annual limit for SEM60k is from RM60,000-RM660,000, which means you have to either pay yourself the first RM60,000 bill or from other medical card that you are having(could be your company medical card).

I knew thoroughly both differences because I'm offering both Group Insurance and Personal Insurance to my clients be it the employee or employer. Below are the key points where you should understand.

Your employer may not offer enough life/medical insurance.
Often when I'm proposing the life/medical package to the company, the employer just going to select the lowest range of life/medical insurance because the purpose they purchasing insurance for employee is to full-fill the employee wish. However, there are still a small group of employee providing good insurance for their employee.
While basic employer-provided life/medical insurance is free, and you may be able to buy additional coverage at low rates, your policy’s face value still may not be high enough. If your premature death would be a financial burden to your spouse and/or children, you probably need coverage worth five to eight times your annual salary.
Your employer’s group life insurance might be sufficient if you’re single or if you have a spouse who isn't dependent on your income to cover household expenses and you don’t have children. But if you’re in this situation, you probably don’t need life insurance at all.

You’ll lose your coverage if your job situation changes.
As with health insurance, you don’t want gaps in your life insurance coverage, because you never know when you might need it. Most workers who get coverage through work don’t know where their life insurance will come from if they change jobs, are laid off, their employer goes out of business, or they switch from full-time to part-time status. You usually won’t be able to keep your policy in these scenarios. Lack of portability can be a problem if you aren’t going directly to another job with similar coverage and aren't healthy enough to qualify for an individual policy.

Coverage gets tricky if your health declines.
Another problem arises if you’re leaving your job because of a health problem. If you relied solely or heavily upon group insurance, and then suffer a medical condition that forces you to leave your job, you may be losing your life insurance coverage just when your family is going to need it the most. At that point it would be too late to purchase your own policy at an affordable rate, if at all, depending on the medical condition.
Even if your health problems aren't significant enough to stop you from working, they might limit your employment options if you only have life insurance through work. You could end up handcuffed to your job to keep the life insurance if you experienced a serious enough health issue

Company saving cost
You don’t control who provides this insurance, and your company could choose a lower-rated insurance company to save money. Finally, another possibility is that your employer could stop offering life insurance as a benefit to save the company money, leaving you without coverage.

Verdict:
Certain medical insurance by company are covering at low limit.
Imagine that if your colleague having heart attack and it's getting serious, the operation cost RM100k and your company are covering RM50k. The bad news is, after his diagnosis, your company may think that "someone" who is healthier can do a better job than your previous colleague. As soon he leaves the company, there goes his medical and life insurance.
Company insurance will be stopped as soon as the employee stop his service to the company, that's one of the reason I don't see the point company getting term life for employee rather than Personal Accident and Medical Protection.

Even if the illness is not too serious, your future insurance would be rated up or get exclusion(certain part of your body is not covered).

For insurance, there is, because it is depend on your sum assured. For example RM500/month covering RM200,000 life coverage, so RM50/month covering RM20,000 life coverage.

For medical card, RM50/month will be the lowest tier, something very basic with co-insurance, age limit low etc. It's like you get what what you paid for.

Yes, there is 2 version, with and without co-insurance.

You should look into medical card and critical illness coverage, something to provide you income when you are having trouble to work once diagnosed with certain illnesses.

You can look into your policy, if you are unsure, you can always pm me or call to the HQ.

Hi,

There is nothing as RM200/year medical card, there are a lot of people are comparing this, but in the end, it's depending on everyone's need because cheaper medical card tend not to give good benefit.


If death occurred outside of Malaysia:
Confirmation letter from National Registration Department
Embarkment Certificate for foreign death duly certified
*Embarkment certificate means a permission certificate to bring corpse (dead body) back to Malaysia.
Certified True Copy of full passport book / Citizenship Certificate.

If the life assured pass away and the bodies can't be found, we have to report police and wait until 7 years then the government will issue death certificate. The government can't announce the person death immediately without any proof, this is too dangerous.

Step 1: Call the agent.
Step 2: Follow what the agent tells you to do.

Required documents are as what others have stated above.

Insured pass away overseas and body can't be found is raising alarm for a possible insurance fraud.

We'll have to have solid evidence to show that the insured really passed away.
The local Police Reports with name and passport number will help build the case for a claim.

Your friend can contact the Malaysian embassy there, and they will work with you to identify the insured, and furnish your friend with the necessary documents and/or to get in touch with the local police in that country.

Any idea what is Great Eastern "Great Saver Rider" about?

This piques my interest! Could you please tell me more, say, thru PM?
I do not mind much about Life, but more on the coverage in case I am hospitalised / diagnosed with critical illnesses.

For young adults around age 18 would be around RM60 per month at least without co-insurance for RM150 room and board & 100k annual limit.

Add another RM24 + RM60 = RM84 per month you can enjoy up to RM1.1 mil annual limit

Hi,

It don't usually appear unless there is some "loading" on your policy. It's a additional premium added to solely buy unit only, to make sure your policy will have a better sustainability.

Could it also be possibility that the client opted to put more premium towards the Saver side instead of the allocated premium.

Such practices are not possible to do that in Great Eastern, we are unable to add Great Saver Rider by ourself.

Oic ok ok

Anybody know whether it is possible to switch between non-cashless & cashless for any medical card?

Can possibly use 2 different medical cards at a time?

This post has been edited by ric1234: May 12 2016, 01:56 PM

Hi dear,

1. Do you mean switching from non-cashless to cashless medical card?

2. Yes you can have different medical cards or more than one medical card but bare in mind you can claim for only ORIGINAL receipt.

CHEERS

This post has been edited by MrKK: May 12 2016, 02:02 PM

you will have to request change of benefit and subject to health declaration.

you cannot use 2 different medical card at the same time.

You can only use in the event 1 of your medical card exceed the annual limit, then you may use the 2nd medical card to do claim. Meaning you pay first for any extra exceeded the 1st medical card, then file a claim on the 2nd medical card.

Is it a type of fund like Trust fund/mutual fund/unit trust?

Dear,

We call it GSR, means you got loading. Mostly due to health condition.

Dear,

You can upgrade your current medical plan to a cashless one but it depends on your current insurance co or purchase another one from another insurance co.

One can own as many medical card from different insurance co but you can only own one medical card from one insurance co. Thus if you have 2 different cards at one time it will have to be from two different insurance co. Claim wise we have discuss here in this forum before, only one receipt is given to you thus you are able to claim from one of the two medical cards.